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Why should I share proof of income to activate F&O?
You must share proof of income with us when trading futures and options (F&O) as per exchange guidelines. This is done to help us assess your financial suitability to trade in a high-risk product.
To activate your F&O segment, you need to submit any one of the below documents as income proof:
- Bank Statement: Last 6 months, with a transaction value or closing balance above ₹1,000
- Salary Slip: The latest slip shows gross monthly income above ₹5,000
- ITR Acknowledgement: Last financial year’s ITR with gross annual income
- Consolidated Account Statement: Latest month’s statement with holdings above ₹1,000
- Demat Holdings Statement: Any broker’s statement showing current holdings above ₹1,000
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