Why was my Account Opening Application rejected?
The reasons for rejection of account opening application could be many. Please refer the below table respected to your reason, to understand and correct them as per solution stated:
PAN Card Related Rejection
| Reason for Rejection | How to solve them? |
|---|---|
| Applicant’s PAN card does not have a signature. |
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| The applicant’s photo is not clear on the PAN card. |
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| The PAN card copy is not clear. |
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| PAN card & Address proof does not have the same name. |
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| PAN card & bank proof does not have the same name. |
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| The PAN card has a thumb impression instead of signature. |
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Income Proof Related Rejection
| Reason for Rejection | How to solve them? |
|---|---|
| The income proof is insufficient to enable F&O. |
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Bank Proof Related Rejection
| Reason for Rejection | How to solve them? |
|---|---|
| The bank proof does not have IFSC or MICR codes. |
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| Bank proof has a password. |
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| While opening the DEMAT account submitted the current account bank details. |
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Address Proof Related Rejection
| Reason for Rejection | How to solve them? |
|---|---|
| The uploaded address proof is not self-attested, or the photocopy is not clear. |
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| The provided current address from the KYC page does not match with the address proof submitted. |
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| The provided permanent address from the KYC page does not match with the address proof submitted. |
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Nominee Related Rejection Reasons and Solutions
| Reason for Rejection | How to solve them? |
|---|---|
| The applicant's relation with nominee is not provided. | Click here to Raise a ticket to provide the details of relationship with the applicant. |
| A nominee details provided of a minor. | Click here to Raise a ticket to provide the details of guardians, relationship with the minor and date of birth. |
| The percentage of share is not provided for multiple nominees. | Click here to Raise a ticket to provide the details of percentage share for each nominee. |
Signature & Photograph Related Rejection Reasons and Solutions
| Reason for Rejection | How to solve them? |
|---|---|
| Uploaded signature is not clear. |
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| Wrong signature file is uploaded. |
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Contact Details Related Rejection Reasons and Solutions
| Reason for Rejection | How to solve them? |
|---|---|
| The contact number is already registered with TIQS. |
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| The documents are not provided for second or third account holders. |
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Aadhaar Card Related Rejection Reason and Solution
| Reason for Rejection | How to solve them? |
|---|---|
| The third party Aadhaar card used for E-Sign or Digi locker authentication. |
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Click Here to Raise a ticket if you are facing any other issues.