What is IPV-In Person Verification?

In Person Verification is a mandatory requirement from SEBI. Where a person needs to be present In Person to verify his identity. Documents required for IPV are Valid Address proof (Aaadhar Card, Voter ID Card, etc) and Valid Identity Proof (PAN Card, Aaadhar Card, etc).

IPV can be done via two process –

1. Offline – Where brokers branch representative visit your site and complete the documentation. Or you can visit brokers office and produce all required original documents with a signed copy.
2. Online – with use of latest technology via Web Conference, Skype or Video chat this process can be complete.

The online process is much easy and effective. Broker need to record all the documents for Audit purpose.