2.1.6 Specify Additional Information for New Account

This topic provides instructions to specify additional information for new account.

After you have specified all the mandatory information, you are ready to save your specifications so that the account can be entered into the database.

You can, additionally, specify any of the following information as applicable before you actually save the record:

• Any personal details for an individual investor, such as the name of the father or spouse, the date of birth, the marital status, and any beneficiary designated for the investor. You can also specify whether the investor is a minor and also specify the designated guardian for the same.
• To make these specifications, click the Individual Details link in the screen, and enter the details in the corresponding fields.
• For a corporate investor, the name of a contact person as well as authorized signatories for the company.
• To make these specifications, click the Corporate Details link in the screen, and enter the details in the corresponding fields.
• Any contact details such as alternative addresses, city, state, zip code, as well as telephone or fax numbers, and E-mail IDs, if any.
• To make these specifications, click the Contact Details link in the screen, and enter the details in the corresponding fields.
• If you designate that tax is deemed to be deducted at source for the unit holder, the tax details applicable for the investor, such as the tax ID, tax circle and tax category. You can specify the PAN of the investor.
• To make these specifications, click the Identification Details link in the screen, and enter the details in the corresponding fields.
• Preferences opted for by the investor, concerning any or all of the following:
  • Currency, both for transactions and for account statements
  • Frequency of receiving account statements
  • The nationality, country of domicile, language and resident status
  • Preferred mode of mailing
  • Default mode of receiving redemption payments
  • Applicability of Rights of Accumulation benefits
  • Registration details
  • Applicability of making redemption and switch requests over telephone
  • Applicability of indexation for the computation of capital gains income
  • KYC Details
• To make these specifications, click the Client Preferences link in the screen, and enter the details in the corresponding fields.
• You can also indicate whether check writing facility is allowed for the investor, and specify the signatories for check writing. The investor can avail of check book facility in any fund in which the investor holds unit balances.
• Any additional information under the heads defined for the AMC. Click the Additional Information link in the screen, and enter the details in the corresponding fields.
• If the account is a retirement type of account, additional details for the individual investor, such as the retirement age, date of retirement and if the investor has expired; the date and cause of death.

To make these specifications, click the Member Details link in the screen, and enter the details in the corresponding fields.