Why do I have to provide my income proof?`
Providing income proof, particularly for enabling the F&O segment, is mandated by SEBI to ensure regulatory compliance and assess the suitability of investors for engaging in derivative trading.
To ensure a seamless trading journey with CubePlus, we have a simple bank statement fetch process in place for enabling derivative trading. Here’s how it benefits you:
Regulatory requirement: This process aligns with regulations set forth by the Securities and Exchange Board of India (SEBI) and is designed with your wellbeing in mind.
Confidence and Control: This step empowers you to trade derivatives with confidence, knowing you have the required resources for informed trading decisions.
You can input an alternate number in the next screen for fetching a different bank statement. Kindly ensure the name as per the alternate bank statement matches with the applicant name.