Q. How does the Databank Account Opening Portal work?
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A. To open a mutual fund account via the Databank Account Opening Portal, follow the steps below:
- Step 1: Key in your personal details
- Step 2: Take a risk assessment survey
- Step 3: Key in your beneficiary details
- Step 4: Key in details of your next of kin
- Step 5: Upload your signature, a valid ID and your passport picture
- Step 6: Read and agree/disagree to the terms and conditions
- Step 7: Click on preview to view your application for accuracy
- Step 8: Click on submit to for a final submission of your application