What should you do when you wish to open an account with a DP?.Answer is simple.You can approach any DP of your choice and fill up an account opening form.At the time of opening an account, you have to sign an agreement with the DP in a NSDL prescribed standard agreement, which details the clients and their DP's right and duties.You will need to furnish photo copies of an address-proof(this could be a ration card,voters ID,Driver's licence, passport, photo Credit card or any standard identity proof), a passport size photograph and PAN card for verification.You are not required to posses shares or other securities while opening a DP account.You can have a zero balance in your account.NSDL has not prescribed any minimum balance of securities in your account.However the DP may fix some minimum limit.
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