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Procedure for minor correction of name of an individual in a Arihant trading & demat account?


Minor correction in name (which looks obvious, easily explainable and raises no doubt) would include the following types of cases: 

  1.  Correction of spelling mistakes, if any. 
  2.  Expansion of the name by incorporating the fully expanded name and/or inclusion of the middle name. 
  3. Abbreviation (Short form of the Name ) of name.


A confirmation required that it is not a change in name of the individual for any reason including due to marriage, divorce, court order, etc. In case, an individual changes the spelling of its name for any reason including for numerology, etc., it will be considered as a change in name, and not a correction in name.


 

Step No.Action RequiredDetails / Instructions/forms Documents Required
1Fill Self declaration & New KYC & common updation FormSelf-declaration (PDF)  New KYC (PDF) common updation  (PDF) -CDSL /NSDL 
2Provide POA,POI & Bank ProofPAN Card Copy ,Aadhaar card copy & Bank Proof  (Self-attested)PAN , Aadhaar & Bank Proof
4Signature VerificationEnsure the signature matches the signature available in our records(In case of joint account, request
 must be signed by the Client in whose name, major correction is required) 
Signed documents
5Submit DocumentsSend documents physically at branch / Head Office.All documents self‑attested
6Verification by Arihant Documents will be verified by the Arihant as per regulatory requirements.
7Update in RecordsAfter successful verification, the name will be updated in the Trading & Demat account.
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