Checklist for Commodities Account – Trading

Mandatory requirements for opening a Commodities Trading Account:

1. Trading Kit – Commodities

2. Annexure – 6 (New)
3. RDD Agreement (New)
4. ID Proof
5. Address Proof
6. Bank Proof

Documents valid as ID Proof

i. PAN Card – Mandatory*

ii. Driving License / Learning License
iii. Passport
iv. Voter ID Card

* if the photo is not clear on the PAN Card, either of ii, iii or iv documents can be given as additional ID
proof

Documents valid as Address Proof

i. Ration Card
ii. Driving License / Learning License
iii. Lease and license agreement / Rent Agreement
iv. Passport
v. Voter ID card
vi. Electricity Bill (Not more than 3 months old)
vii. Landline Bill (Not more than 3 months old)
viii.Photocopy of Bank Passbook (Printed & handwritten). Incase of overwriting / Logo missing,
passbook copy must be duly attested in original by the bank official along with the Name,
Designation, Stamp & Signature.
ix. Bank statement (original/photocopy) with bank logo (not more than 3 months old) must be
accompanied with a cheque copy
x. Bank statement (original/photocopy) without bank logo (not more than 3 months old), must be
duly attested by the bank official stamp and signature and is accompanied with an original
cancelled cheque

Note: i to v proofs are valid for individuals only, whereas proofs from vi to x are acceptable both in the
name of Firm & individual.

Documents valid as Bank Proof

i. Photocopy of Bank Passbook (Printed & hand written) Incase of overwriting / Logo missing
passbook copy must be duly attested in original by the bank officials, along with the name,
designation, signature & bank stamp
ii. Personalized cheque copy favoring “Indiabulls Commodities Limited” (Client signature to match
with that on the kit)
iii. Non personalized cheque copy favoring “Indiabulls Commodities Limited” (Client signature to
match with that on the kit)
iv. Bank statement (original/photocopy) with bank logo (not more than 3 months old).
v. Bank statement (original/photocopy) without bank logo (not more than 3 months old) must be
attested by bank official stamp and signature.
 vi. Original Banker Verification Letter certifying the name, bank account number, MICR number &
signature of the client

Documents required for Individual Account

i. Individual recent passport size photograph(s)

ii. Individual PAN Card
iii. Address proof in the name of the individual
iv. Bank proof in the name of the individual

Note: All the documents submitted must be duly self-attested & the original documents must be
furnished at the time of submitting the photocopies of the proof(s)

Documents required for Proprietorship Account

i. Recent passport size photograph(s) of the proprietor

ii. PAN card of the Proprietor
iii. Address proof in the name of the proprietorship firm & the Proprietor
iv. Bank proof in the name of Proprietorship firm
v. Proprietorship firm stamp to be affixed with all signatures of Proprietor.
vi. Declaration by the Sole Proprietor on the original letterhead of the proprietorship firm along with
the stamp & signature as per Annexure – 3

Note: All the documents submitted must be duly self-attested & the original documents must be
furnished at the time of submitting the photocopies of the proof(s)

Documents required for HUF Account

i. Recent passport size photograph(s) of the Karta

ii. PAN Card of the HUF & the Karta
iii.Address proof in the name of the HUF & the Karta
iv. Bank proof in the name of HUF
v. Signature of Karta and all the co-parceners (Major &/Minor) on the Declaration given in
Annexure-7
vi. HUF Stamp to be affixed on all client’s signature

Note: All the documents submitted must be duly self-attested & the original documents must be
furnished at the time of submitting the photocopies of the proof(s)

Documents required for Partnership Account

i. Recent passport size photograph(s) of all authorized partners.

ii. PAN card of all the partners & the partnership firm
iii. Address proof in the name of all the partners & the partnership firm
iv. Bank proof in the name of Partnership firm
v. Notarized Partnership Deed along with the list of partners duly certified and attested by all the
partners.
vi. Partnership firm stamp to be affixed on all signatures done by the partners
vii. Copy of the Latest ITR
viii.Authority Letter by all the partners in favor of Managing Partners on the original letterhead of the
partnership firm, along with stamp & signature as per Annexure - 4.

Note: All the documents submitted must be duly self-attested & the original documents must be
furnished at the time of submitting the photocopies of the proof(s)
Documents required for Corporate Account

1. Photograph(s) of all the authorized signatories

2. PAN Card Copy of all the authorized signatories & the Corporate body
3. Address proof for all the Authorized Signatory & the Corporate body. Only following documents
can be accepted address proof of Corporate
a. MOA and Form 18 along with ROC receipt.
b. Bank Statement duly attested by the concerned bank under the stamp and signature of
the bank official (Not more than 3 months old)
c. Electricity Bill (Not more than 3 months old) supported by latest ITR
d. Landline Telephone Bill (Not more than 3 months old) supported by latest ITR
4. Bank proof for the Corporate
a. Bank Statement duly attested by the concerned bank under the stamp and signature of
the bank official along with Cancelled Cheque leaf of personalized cheque book or Bank
Cheque in favour of “Indiabulls Commodities Limited”.
5. Address proof & Identity proof of all the authorized signatories
6. Form 18 with ROC receipt
7. Certified true copy of Auditor Report with Balance Sheet for the last two years
8. Copy of ITR for the last two years
9. Net worth certificate by a Chartered Accountant in original with their stamp.
10. Copy of latest shareholding pattern including list of all those holding more than 5% in the share
capital of the company duly certified by the company secretary/whole time director/MD) (copy of
the updated shareholding pattern to be submitted every year)- Required On Company Letter
Head (Original)..
11. Board Resolution on the original letter head in specified format separately for DP & Trading
accounts duly attested by Director / Chairman other than the Authorized Signatory
12. True copy of MOA and AOA Certified by Authorized signatory.
13. Valid Certificate of Incorporation with ROC Seal attested by the Authorized Signatory
14. Banker’s Verification on Banker’s letter head certifying the signatures of the Authorized
Signatories
15. Form-32 along with ROC receipt in case of change in director.
16. Form-18 along with ROC receipt in case of company address change
17. List of director’s along with name, address and photographs across signed with company stamp
to be provided along with their signatures on letterhead of the company.
18. List of Authorized Signatories along with their Name, address, signatures & Photographs across
signed with company stamp on the company’s letterhead

Note: All the documents submitted must be duly self-attested along with Company Stamp & the
original documents must be furnished at the time of submitting the photocopies of the proof(s).