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PAN Update Process for Existing Demat & Trading Account

If you wish to update/correct your PAN details in your existing account with Arihant Capital, please follow the below process carefully.

Important:

As per Exchange regulations, PAN modification is not allowed in an existing Trading Account. However, PAN can be updated in the existing Demat Account subject to valid documentation.

Step	Action Required	Customer Requirement
1	Submit PAN Update Request	Raise a request for PAN correction/update through your branch or relationship manager.
2	Submit Trading Account Closure Request	Since PAN cannot be modified in the existing Trading Account, you must submit a signed Trading Account Closure Request.
3	Fill Fresh Account Opening Form	Submit a complete new Account Opening Form (AOF) for opening a new Trading Account with the updated PAN.
4	Submit Updated KYC Documents	Provide self-attested copies of updated PAN Card, Aadhaar Card, Bank Proof, Photograph, and Signature Proof.
5	PAN Update in Existing Demat Account	Your new PAN will be updated in your existing Demat Account after verification.
6	Opening of New Trading Account	A new Trading Account will be opened with your updated PAN details.
7	Mapping of Accounts	Your newly opened Trading Account will be mapped with your existing Demat Account.
8	Confirmation	You will receive confirmation once the process is completed successfully.
9	TAT	7 working Days

	Documents Required
Sr. No.	Document Name
1	Self-attested copy of New PAN Card
2	Aadhaar Card Copy
3	Bank Proof (Cancelled Cheque / Passbook & Bank account statement )
4	Passport Size Photograph
5	Signature Proof (if applicable)
6	Trading Account Closure Request Form
7	Fresh Account Opening Form (AOF)
8	Submit a PAN surrender letter (if applicable)& a handwritten application requesting the PAN update/change in the Demat account.
9	Common updation form of CDSL/NSDL

Important Notes

Particular	Details
PAN Change in Trading Account	Not permitted as per Exchange guidelines
PAN Change in Demat Account	Allowed subject to verification
Existing Trading Account	Will be closed
New Trading Account	Will be opened with updated PAN
Existing Demat Account	Will continue after PAN update
Account Mapping	New Trading Account will be linked to existing Demat Account