What is BO ACCOUNT

* BO ACCOUNT means beneficiary owner account

* BO ACCOUNT is compulsory to trade in shares.

* To apply in IPO a BO account is needed

* BO account can only be opened through a Depository Participant DP

* Kabir Securities is a full service Depository Participant.

How to Open a BO Account

* Take a BO Account Opening Form from KSL

* The Account Opening Form will have one signature card.

* Our friendly staff will help you to fill up the form

Documents needed to open a BO Account

Individual Applicant

1. Two copies of passport size photograph

2. National ID Card.

Or, Photocopy of Passport/Bank Statement/Driving License/Nationality Certificate

3. Two copies of passport size Photograph of nominees

Joint Applicant

1. Two copies of passport size photographs

2. National ID Card.

Or, Photocopy of Passport/ Bank Statement/ Nationality Certificate

Sole Trader/Proprietor

1. Trade License

2. Partnership Agreement/ Resolution of Partners to operate the BO account

Corporate Account

1. Photographs of the Directors

2. Photocopy National ID Card.

Or, Photocopy of the Passport/Driving License/Nationality Certificate.

3. Board Resolution

4. Memorandum and Articles of Association certified by RJSC

5. Signature and Photograph of the authorized person if any.