Application Form No.

(For Head Office use only)

Client ID

Product: Date (DD/MM/YYYY)

(For Branch use only)

Branch Code

Branch Name

Inward No.

Tracker lD

UCC

Risk Categorization

LC Code LC Name

AP Code AP Name

ACCOUNT OPENING FORM

For Non Individual
No Cash Accepted

Do not forget to take your Acknowledgement Copy

PART A
Yes Securities (India) Limited
Unit No. 602 A, 6th Floor, Tower 1 & 2, Indiabulls Finance Centre, Elphinstone Road,
Mumbai - 400013, Maharashtra, India.
Ver.2.NI.Dec.2019
 INDEX OF THE DOCUMENTS
Page
Sr. No. Name of the Document Brief Significance of the Document Section
No.
MANDATORY DOCUMENTS AS PRESCRIBED BY SEBI & EXCHANGES

A. KYC form - Document captures the basic information about the 1,28,29
PART A
constituent and an instruction / check list
B. Additional KYC details for opening Demat Account with YES BANK Ltd. PART A 2-5
1 Account Opening Form C. Document captures the additional information about the constituent 6,7,
PART A
relevant to trading account and an instruction/ check list. 28,29

D. Beneficial Owners / Controlling Persons Details PART A 21-23

E. FATCA - CRS Declaration for Non-Individual Entities PART A 24,25
2 Letter of Confirmation Declaration submitted by customer for availing Demat services PART A 11
Documents detailing the rate/amount of brokerage and other charges levied
3 Tariff sheet on the client for trading on the stock exchange(s) and for operation PART A 8,27
of Demat Account with YES BANK Ltd.
4 Account Opening Annexure Form Account Opening Charges Annexure PART A 9,10
Rights and Obligations of
5 Beneficial Owner and Document stating the Rights & Obligations of Depository Account Holder. PART A 26
Depository Participant
Document stating the Rights & Obligations of stock broker/trading member,

Separate Copy for Client

6 Rights and Obligations sub-broker and client for trading on exchanges (including additional rights & PART B
obligations in case of internet/wireless technology based trading).
Risk Disclosure Document
7 Document detailing risks associated with dealing in the securities market. PART B
(RDD)
8 Guidance note Document detailing do's and don'ts for trading on exchange, for the
PART B
education of the investors
PART B
9 Policies and Procedures Document describing significant policies and procedures of the stock broker
PART A 12-14
VOLUNTARY DOCUMENTS AS PROVIDED BY THE STOCK BROKER
10 Power of Attorney Document required for linkage of Bank and Demat account for experience PART A 15-17
of seamless trading in securities.
Voluntary Authorizations Declarations/ Authorization from client for various purposes including PART A 18-20
11
and Declarations maintaining account on running basis.

Separate Copy for Client

12 Voluntary Clauses Additional clauses other than specified by SEBI to facilitate transaction PART C
of client.
Intimation of Prevention of Document is to make the client aware of Prevention of Money Laundering
13 PART C
Money Laundering Act provisions.
Rights and Obligations of
14 Beneficial Owner and Document stating the Rights & Obligations of Depository Account Holder. PART D
Depository Participant

Name of stock broker/trading

YES Securities (India) Ltd.
member/clearing member
Registered Office Address: Unit No. 602 A, 6th Floor, Tower 1 & 2, Indiabulls Finance Centre, Elphinstone Road,
Correspondence Office Address: Mumbai - 400013, Maharashtra, India. Website: www.yesinvest.in Tel:(022) 7112 3123

Compliance Officer Name, Phone No. & Email Id: Mr. Vaibhav Purohit, (022) 3347 9208, compliance@ysil.in
Mr. Prasanth Prabhakaran (022) 3347 9688, ceo@ysil.in

Exchange Member Code SEBI Reg. No. Segment Date For any grievance/dispute please contact
BSE 6538 Cash 8-Jul-13 YES Securities (India) Ltd. at the above address
or email us at igc@ysil.in or call at (022-
BSE 6538 Derivatives 8-Jul-13
7112 3123).
BSE 6538 Currency 29-Sep-14 In case you are not satisfied with the response,
NSE 14914 INZ000185632 Cash 8-Jul-13 please contact concerned exchanges-BSE at
is@bseindia.com; Phone No. 022-2272 8097,
NSE 14914 Derivatives 8-Jul-13 NSE at ignse@nse.co.in; Phone No. 1800 22 0058
NSE 14914 Currency 8-Jul-13 and MCX at grievance@mcxindia.com;
56355 Phone No. 022-6649 4070
MCX Commodity 10-Dec-18
 KNOW YOUR CLIENT (KYC) FORM FOR NON-INDIVIDUALS
Depository Services Address - YES BANK Tower, IFC 2, 7th Floor, Elphinstone (W), Senapati Bapat Marg, Mumbai - 400 013.
Reg. Off. Address - YES BANK Ltd.,YES Bank Tower, IFC-2, 15th floor, Senapati Bapat Marg, Elphinstone (W),
Mumbai - 400013, India
NSDL DP ID – IN303270 | DP Name – YES BANK LTD.

Please fill this form in ENGLISH and in BLOCK LETTERS with BLACK INK Only (Please tick the appropriate)

DP Name - YES BANK LTD. DP ID - IN303270

DP Address - YES BANK Ltd, YES BANK Tower, IFC 2, 7th Floor, Elphinstone (W), Senapati Bapat Marg, Mumbai - 400 013. Acknowledgement No.
NEW CHANGE REQUEST DP ID: CLIENT ID:
IDENTITY DETAILS
Applicant name

Date of Incorporation D D M M Y Y Y Y Place of Incorporation Date of Commencement of Business D D M M Y Y Y Y

PAN no. Evidence / Documents provided
(Mandatory for Demat / ISA) in case of PAN exemption _______________ CIN No.

Status Private Limited Co. Public Ltd. Co. Body Corporate Charities Trust Non Government Organisation Bank
Government Body Defense Establishment Society Partnership LLP NGO's
FI FII HUF AOP BOI Others Please specify

Preferred Mailing Address Registered Office Address Correspondence/Foreign Address

ADDRESS AND CONTACT DETAILS
(If Preferred Mailing Address not specified, by default the communication / corporate benefit shall be sent to Correspondence Address)
Mandatory : Please attach Self Attested Proof of below address
Correspondence /
Foreign Address
Office Address
Landmark
City / Town / Village PIN (Mandatory)
State
Country India Other
Add. proof submitted

Contact details Country code STD / Area code Number Extn.

Tel. (Off.)
Tel. (Res.) Country code Number
Fax Mobile
e - mail ID I N C A P I T A L L E T T E R S O N L Y
Please tick if registered address is the same as above address Mandatory : Please attach Self Attested Proof of below address
Registered Address

Landmark
City/Town/Village PIN (Mandatory)
State
Country India Other

OTHER DETAILS

Name, PAN, Residential Address and photographs of Promoters / Partners / Karta /

1.
Trustees and whole time directors

If space is insufficient, enclose these details separately

2. DIN/ UID of Promoters / Partners / Karta and whole time directors [Illustrative format enclosed]

3. Aadhaar No. of Promoters / Partners / Karta and whole time directors

Declaration
I/We hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I/We undertake to inform you of any changes therein, immediately. In case any of
the above information is found to be false or untrue or misleading or misrepresenting, I am/We aware that I/We may be held liable for it.
The signatory confirms the following: Signature of the applicant

Client Interviewed By

D D M M Y Y Y Y Place _________________________
Emp. Signature
1
 KNOW YOUR CLIENT (KYC) FORM FOR NON-INDIVIDUALS
Details of Promoters / Partners / Karta / Trustees and Whole time directors forming a part of Know Your Client (KYC) Application Form for Non-Individual
1. Name

Relationship with the Applicant

(i.e. promoters, whole time directors etc.)
PAN DIN / Aadhaar (Don’t Mention)
Please paste a recent
Residential / Registered Address Flat / Building / Tower / Apartment / Palace / Chamber / Mansion passport size photograph
(Don't staple)
Street / Road / Marg / Lane / Avenue / Rasta
Sign across photograph
Area / Landmark

City PIN
(Mandatory)
State Country

Mobile No.: Email:

2. Name

Relationship with the Applicant

(i.e. promoters, whole time directors etc.)
PAN DIN / Aadhaar (Don’t Mention)
Please paste a recent
Residential / Registered Address Flat / Building / Tower / Apartment / Palace / Chamber / Mansion passport size photograph
(Don't staple)
Street / Road / Marg / Lane / Avenue / Rasta
Sign across photograph
Area / Landmark

City PIN
(Mandatory)
State Country

Mobile No.: Email:

3. Name

Relationship with the Applicant

(i.e. promoters, whole time directors etc.)
PAN DIN / Aadhaar (Don’t Mention)
Please paste a recent
Residential / Registered Address Flat / Building / Tower / Apartment / Palace / Chamber / Mansion passport size photograph
(Don't staple)
Street / Road / Marg / Lane / Avenue / Rasta
Sign across photograph
Area / Landmark

City PIN
(Mandatory)
State Country

Mobile No.: Email:

4. Name

Relationship with the Applicant

(i.e. promoters, whole time directors etc.)
PAN DIN / Aadhaar (Don’t Mention)
Please paste a recent
Residential / Registered Address Flat / Building / Tower / Apartment / Palace / Chamber / Mansion passport size photograph
(Don't staple)
Street / Road / Marg / Lane / Avenue / Rasta
Sign across photograph
Area / Landmark

City PIN
(Mandatory)
State Country

Mobile No.: Email:

5. Name

Relationship with the Applicant

(i.e. promoters, whole time directors etc.)
PAN DIN / Aadhaar (Don’t Mention)
Please paste a recent
Residential / Registered Address Flat / Building / Tower / Apartment / Palace / Chamber / Mansion passport size photograph
(Don't staple)
Street / Road / Marg / Lane / Avenue / Rasta
Sign across photograph
Area / Landmark

City PIN
(Mandatory)
State Country

Mobile No.: Email:

Name and Signature of the Authorised Signatory(ies) Date: D D M M Y Y Y Y

2
 DEPOSITORY SERVICES
ACCOUNT OPENING FORM
Serial No. ...................................

SECTION A: PERSONAL DETAILS

Participant Name (DP ID IN303270 YES BANK Ltd.) Client–ID
Address: YES BANK Tower, IFC 2, 7th Floor, Elphinstone (W), Senapati Bapat Marg, Mumbai - 400 013. (To be filled by Participant)
I/We request you to open a depository account in my/our name as per the following details:
Date: D D M M Y Y Y Y
(Please fill all the details in CAPITAL LETTERS only)

Type of account Body Corporate Foreign Body Bank Trust HUF QFI MF
FI FII Clearing Member Others
Details of Account holder (s): Name PAN
Name of Corporate
(Sole / First Holder)

Second Holder

Third Holder

For Partnership Firm, Unregistered Trust, Association of Person (AOP) etc., although the account is opened in the name of the partner(s), trustee(es) etc.,
the name & PAN of the Partnership Firm, Unregistered Trust/ association of Person (AOP) etc. should be mentioned below:
Name PAN

List of Family Members for HUF only (Separate Annexure may be used in case number of member is higher)
Sr. No. Name of Coporacener/Member Gender Date of Birth Relation with Karta Whether coparecener/
D D M M Y Y Y Y Member(Please specify)

Bank Details (For receiving credit of Dividend / Interest)

1. Customer ID

2. Customer ID of Karta (in case of HUF)

3. AccountType SavingsAccount CurrentAccount Others (Please specify)

4. Account Number

5. Name(s) of BankAccount Holder(s)

6. BranchAddress
Flat / Building /Tower /Apartment / Palace / Chamber / Mansion
Bank Name:
Street / Road / Marg / Lane /Avenue / Rasta
Bank Branch:
Area / Landmark

City State Country PIN

(Mandatory)
7. MICRCode
8. IFSC

Debit Authorisation
I/We authorise YES BANK to debit recover charges pertaining to opening & maintenance of Demat Account, transaction,
or any other charges related to Demat Acount from the said YES BANK account.
Account Number Branch Name

Standing Instructions (Default is YES if not indicated)

I/We authorise you to receive credits automatically into my/our account. Yes No
Account to be operated through Power of Attorney (PoA) Yes No

NOTE: Standing instructions for Non-PIS/NRE/NRO Demat A/c will be by default marked As No”
SMSAlert facility: [Mandatory if you are giving Power of Attorney (PoA). Ensure that the mobile number is provided in the KYC Application Form]
1 Sole/First Holder Yes No
2 Second Holder Yes No
3 Third Holder Yes No

3
 In case of FIIs/Foreign Body/Others(as may be applicable)

ForeignAddress Flat / Building /Tower /Apartment / Palace / Chamber / Mansion

(Mandatory)
Street / Road / Marg / Lane /Avenue / Rasta

Area / Landmark
PIN
City State Country (Mandatory)

RBI Reference No.

RBI Approval Date D D M M Y Y Y Y
SEBI Registration No. (For FIIs) SEBI Registration Date D D M M Y Y Y Y

Mode of receiving Statement of Account and Standard Documents (If not ticked consider electronic)
Physical Electronic Form (ensure that email ID is provided in KYC application form)
Income Details (Please Specify)
*Gross annual income(`) Below `20 Lac `20 - 50 Lac `50 Lac - 1 Crore Above 1 Crore
(Income range per annum)
AND Net worth (`) as on date D D M M Y Y Y Y Net worth should not be older than one year
Please tick, if applicable for any your authorized signatories/ Promoters/
Partners/ krta/ Trustees/ whole time director Politically Exposed Person (PEP) Related to a Politically Exposed Person (PEP) Any other information _________________________________

Clearing Members Details (to be filled up by Clearing Members only)

1. Name of Stock Exchange

2. Name of Clearing Corporation /Clearing House

3. Clearing Member ID

4. SEBI Registration Number SEBI Date D D M M Y Y Y Y

5. Trade Name
6. CM-BP-ID (to be filled up by Participant)

Mode of Operation for Sole/ first acount holder (in case of joint holdings, all the acount holders must sign)

Any one singly Jointly by

As per resolution Others
(please specify)

4
 DEPOSITORY ACCOUNT OPENING FORM
Serial No. ...................................

Declaration
1. The rules and regulations of the Depository and Depository Participants pertaining to an 7. I/We authorize YES BANK Ltd./and its agents to make references and enquiries with
account which are in force now have been read by me/us and I/ we have understood the respect to the information required in the application form which YES BANK Ltd.or its
same and I/we agree to abide by and to be bound by the rules as are in force from time to agents consider necessary. I/We undertake to inform YES BANK Ltd./ its Agents
time for such accounts. regarding any change in my/our residence/ employment and to provide any further
2. I/ we hereby declare that the details furnished above are true and correct to the best of information that YES BANK Ltd./its Agents may require.
my/our knowledge and belief and I/ we undertake to inform you of any changes therein, 8. I/We authorise YES BANK Ltd./its Agents to exchange, share or part with all the
immediately.In case any of the above information is found to be false or untrue or information relating to my/our application and transaction information to other YES
misleading or misrepresenting, BANK Ltd./ its Agents/ Banks/ Financial Institutions/ Credit Bureaus/ Statutory Bodies
3. I am/we are aware that I/we may be held liable for it.In case non-resident account,I/we and shall not hold YES BANK Ltd./its Agents or other persons to whom such information
also declare that I/we have complied and will continue to comply with FEMA regulations. is disclosed liable for the disclosure or use of such information.
4. I/We declare that all the particulars and information given in the application are true, 9. We, the joint applicants hereby confirm that we have instructed and authorised the first
correct, complete and updated in all respects and I/we have not withheld any applicant to view/access the information on the said account for and on behalf of all of
information. the undersigned and under our specific instructions as stated in this letter. We hereby
5. I/We agree and confirm that I/we have read the terms and conditions of the account state that should we wish to revoke the above authorisation, we shall duly issue a letter
facility, and the terms and conditions pertaining to usage of channels for access of the of revocation to YES BANK in this regard. We hereby agree that until ten days after YES
said account facility as put up on www.yesbank.in and am/are aware of and will adhere BANK receives such letter revoking the above mandate, the authorisation as afore
to all the terms/conditions of opening/maintaining the said account and usage of the stated shall hold good.
channels with/by YES BANK Ltd.as may be in force from time to time.I/We further 10. I/We hereby declare and confirm that, it shall be my/our responsibility to ensure legal
declare that I/we have read and are/am aware of and will adhere to the rules of the and regulatory compliance for the investments made by me/us, including but not limited
Depository with relation to maintenance and operation of the account. to the Foreign Exchange Management Act, 1999 and terms and conditions of
6. I/We understand that certain particulars provided by me/us are required by the NRE/NRO account and Exchange Control Regulations. (Applicable in the case of non-
operational guidelines governing banking companies. I/We understand that YES BANK residents).
Ltd./and its agents reserve the right to reject any application without providing any 11. I/We further agree that any false / misleading information given by me/us or
reason. I/We further declare and confirm that the credit facilities, if any, enjoyed by suppression of any material fact will render my/our account liable for termination and
me/us with other banks have been disclosed herein above. further action.

Date: D D M M Y Y Y Y Place:

Photographs ofAuthorised Signatories [Please provide documentary proof of the Identity & Address of all the Account Holders - options listed under documentary proof below.]

Sole/First Account Holder Sole/First Account Holder Sole/First Account Holder Second Account Holder Third Account Holder
First Signatory/Karta of HUF Second Signatory Third Signatory

Please paste a recent Please paste a recent Please paste a recent Please paste a recent Please paste a recent
passport size photograph passport size photograph passport size photograph passport size photograph passport size photograph
(Don't staple) (Don't staple) (Don't staple) (Don't staple) (Don't staple)
Sign across photograph Sign across photograph Sign across photograph Sign across photograph Sign across photograph

Sole/First Name Signature(s)*

Account Holder Company Seal/Rubber Stamp should be affixed.

First Signatory/Karta of HUF X

Second Signatory X

Third Signatory X

Other Account Holder(s)

Second Account Holder X

Third Account Holder X

*Thumb impressions and signatures other than English or Hindi or any of the other languages contained in the 8th Schedule of the Constitution of India must be attested by a Magistrate.

Notes:
1. All communication shall be sent at the address of the Sole/First holder only. d) Nomination in respect of the beneficiary owner account stands rescinded upon closure of the
2. Thumb impressions and signatures other than English or Hindi or any of the other language not beneficiary owner account. Similarly, the nomination in respect of the securities shall stand
contained in the 8th Schedule of the Constitution of India must be attested by a Magistrate or a Notary terminated upon transfer of the securities.
Public or a Special Executive Magistrate. e) Transfer of securities in favour of a Nominee shall be valid discharge by the depository and the
3. Instructions related to nomination, are as below: Participant against the legal heir.
a) The nomination can be made only by individuals holding beneficiary owner accounts on their own f) The cancellation of nomination can be made by individuals only holding beneficiary owner
behalf singly or jointly. Non-individuals including society, trust, body corporate, partnership firm, accounts on their own behalf singly or jointly by the same persons who made the original
karta of Hindu Undivided Family, holder of power of attorney cannot nominate. If the account is nomination. Non-individuals including society, trust, body corporate, partnership firm, karta of
held jointly all joint holders will sign the nomination form. Hindu Undivided Family, holder of power of attorney cannot cancel the nomination. If the
b) A minor can be nominated. In that event, the name and address of the Guardian of the minor beneficiary owner account is held jointly, all joint holders will sign the cancellation form.
nominee shall be provided by the beneficial owner. g) On cancellation of the nomination, the nomination shall stand rescinded and the depository shall
c) The Nominee shall not be a trust, society, body corporate, partnership firm, karta of Hindu not be under any obligation to transfer the securities in favour of theNominee.
Undivided Family or a power of Attorney holder. A non-resident Indian can be a Nominee, subject 4. Strike off whichever is not applicable.
to the exchange controls in force, from time to time.

5
GST Registered Yes No GST Number GST State
Date:
*Please sign in the relevant boxes where you wish to trade. The segment not chosen should be struck off by the client
Segment NSE BSE MCX NCDEX
3 4 NA NA
5 6 NA NA
7 8 NA NA
Commodity Future & Options NA NA 9 10

Primary ( IPO / Debt ) 11 12 NA NA

# If in future, the client want to trade on any new segment / new exchange, separate authorization / letter would be required. Please
specify the proof submitted to avail the privileges to trade in derivatives segment:

OTHER DETAILS (PLEASE SPECIFY)

PAST ACTION: Details of any action/proceedings initiated/pending/ taken by SEBI/ Stock exchange/commodity exchange/any other
authority against the applicant/constituent or its partners/promoters whole time directors/authorized persons in charge of dealing in
securities/commodities during the last 3 years
/ AP
/ AP / AP

/ AP /AP
/ AP

/ AP

6
 TRADING ACCOUNT RELATED DETAILS
(To be filled by applicant only)

PAYMENT INSTRUCTION FOR CHARGES

Payment Cheque No. Date Bank Name Plan Name
Mode Direct Debit from YES BANK A/C No. None A/c Opening Charges

1. I/ We hereby declare that the details furnished above are true and correct to the best of my/ our knowledge and belief and I/ we undertake to
inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or
misrepresenting, I am/ we are aware that I/we may be held liable for it.
2. I/ We confirm having read/ been explained and understood the contents of the document on policy and procedures of the stock broker and
the tariff sheet.
3. I/ We further confirm having read and understood the contents of the 'Rights and Obligations' document(s) and 'Risk Disclosure
Document'. I/ We do hereby agree to be bound by such provisions as outlined in these documents. I/ We have also been informed that the
standard set of documents as been displayed for Information on stock broker's designated website, i.e www.yesinvest.in.
Details under FATCA/ similar foreign tax laws and treaties (Please refer T&C on www.yesinvest in for further details)
I/we hereby declare that the information provided by me/us is true. In case of any changes, I/we will inform the
YES SECURITIES (India) Limited within 30 days.
We are tax resident of any country outside India. (If Yes, Please fill in the Annexure separately
Yes No
Place : Date :

Sole/First Name Signature(s)*

Account Holder Company Seal/Rubber Stamp should be affixed.

First Signatory/Karta of HUF/ X

Partners / Trustee

Second Signatory/
X
Partners / Trustee

Third Signatory/
X
Partners / Trustee

FOR OFFICE USE ONLY UCC Code allotted to the Client

I / We undertake that we have made the client aware of 'Policy and Procedures', tariff sheet and all the non-mandatory documents. I/We have also made the
client aware of 'Rights and Obligations' document (s), RDD and Guidance Note. I/We have given/sent him a copy of all the KYC documents. I/We undertake
that any change in the 'Policy and Procedures', tariff sheet and all the nonmandatory documents would be duly intimated to the clients. I/We also undertake
that any change in the 'Rights and Obligations' and RDD would be made available on my/our website, if any, for the information of the clients.

Date:

7
 SCHEDULE OF CHARGES FOR RESIDENTS, GLOBAL INDIANS & HUFs

Conditions: i.The value of shares and charges are calculated as per NSDL/CDSL formula and rates. ii. There will be a charge of ` 100 for dishonour of any cheque or unsuccessful attempt to recover payment through direct debit or ECS. The depository
services are liable to discontinuation if YES BANK is unable to recover charges from the customer, for any reason whatsoever. iii. Any service that is not indicated above will be charged separately as per the rates applicable from time to time. iv. YES BANK
reserves the right to revise the tariff structure from time to time, with a notice of 30 days. The notice maybe given by ordinary post or by an advertisement in a national daily.v.Annual Maintenance Charges are levied, in advance, fora period of one year at the
beginning of the billing cycle. If the Demat Account is dosed during the year, pro-rata refund of Annual Service Charge will be made. vi. Government levies /Taxes chargeable extra as per applicable rates.vii. Transaction charges will be payable monthly. viii. To
evaluate the eligibility of Basic Services DematAccounts (BSDA) thevalue of holding will be determined on a daily basis, as per the file sent by the NSDL. The AMC will be calculated at pro rata basis based on the value of holding of securities in the demat
account. ix. In case the demat acceunt with BSDA facility does not meet the listed eligibility criteria as per guidelines issued by SEBI or any such authority at any point of time, such BSDAaccounts will be converted to standard demat account without further
reference to respective customers and will be levied standard charges. x. Demat customers eligible for the BSDA facility need to register their mobile number for the SMS alert facility for debit instructions. A. Operating instructions of the joint accounts must be
signed by all the holders. of. All instructions for transfer must be received at the designated DP servicing branches of the YES BANK at least 24 hours before the execution.
I/We acknowledge the receipt of copy of the document , “Right and Obligations of the Beneficial Owner and Depository Participant” and copy of Demat Schedule of Charges.
Date:
Place:

13
Authorised Signatory

Brokerage Chart
YES First YES Premia Invest Value Plan* (IVP) (*Applicable for YES Prosperity, YES Grace, YCOP)
Other Charges
1. Account opening fees as applicable
2. SEBI turnover fees as applicable
3. Exchange Transaction charges as applicable
4. Securities Transaction Tax (STT) / Commodity
Transaction Tax (CTT) as applicable
Type Brokerage Brokerage Brokerage 5 GST as applicable
Equity Delivery Buy/Sell % 6. Stamp duty : Statewise stamp duty as applicable
will be levied.
Equity Delivery Square Off (same Day) % 7. Education cess and higher Education cess as
Equity Margin Intraday (First Leg) % applicable.
Equity Margin Square off (same day) % 8. In addition to the above YSL shall debit the
demat charges applicable to the trading member
Equity Future (First Leg) % to the client.
Equity Future Square Off (same Day) % 9. In case three are any bank charges or any other
charges levied by the exchange or any other
Equity Options (First Leg) (Per Lot) authority on account of any violation done by the
Equity Options Square off (same day) (per lot) client, the same shall be duly charged.
Currency Futures (First Leg) % 10.Charges applicable for any other services
availed if any.
Currency Futures Square Off (same Day) % 11.With reference to the regulatory guidelines,
Currency Futures (First Leg) (Per Lot) please note that all your Expiry Exercise
Assignment of Option Derivative contracts will
Currency Futures Square off (Same day) (per lot) attract Derivatives segment brokerage in line
Commodity Futures (First Leg) % 0.03% 0.04% 0.05% with your existing Brokerage Structure.
Note: YES Securities Trading Account Opening
Commodity Futures Square Off (Same Day) % 0.02% 0.02% 0.02% Charges & Brokerage will be levied as per the
Commodity Options (First Leg) Per Lot Rs. 125 Rs. 125 Rs. 125 Client category.
Commodity Options Square Off (Same Day) Per Lot Rs. 75 Rs. 75 Rs. 75
Commodity Delivery 0.30% 0.40% 0.50%
Minimum Brokerage Charged: Brokerage will be charged as per applicable ratesubject to a minimum of 25/- per 14
executed order and a maximum of 2.5% of Trade value. In case the minimum brokerage calculated comes to Authorised Signatory
more than 2.5%, then the amount that will be charged as a brokerage will be limited to 2.5%
8
 Application Form No.:
ACCOUNT OPENING CHARGES ANNEXURE

To,
YES Securities (India) Limited,
Unit No. 602 A, 6th Floor, Tower 1 & 2,
Indiabulls Finance Centre, Senapati Bapat Marg, Elphistone Road,
Mumbai.- 400013, Maharashtra, India

Dear Sir,
I hereby subscribe to the under mentioned plan for my trading account

Plan Name Account Opening

(Please tick one plan) Charges(Rs.)

YES VALUE
YES PROSPERITY Rs. 999/-
YCOP

Terms & Conditions

1. The above account opening charges are to be refunded to customer's upto Rs. 999/- subject to
generation of brokerage, within three months of the account opening date.
2. Refund amount will be credited after completion of offer, within three months.
3. The offer is available to Resident Individual and Non-Individual customers only. This offer is not
available to NRI Clients.
4. The offer cannot be clubbed with any other offer, scheme or Brokerage plan offered by YES
Securities (India) Ltd.
5. Statutory charges, stamp duty, other charges and STT as applicable shall be levied and no
reversal shall be provided on the same.
6. In case of any dispute, the decision of the management of YES Securities (India) Ltd.
shall be final and binding on the client.
7. All disputes arising out of or in connection with this offer are subject to the exclusive jurisdiction of
the Courts in Mumbai only.
8. The said charges will be debited in my linked bank account of trading account. I have clearly
understood the plan and the terms and conditions, as explained hereinabove and agree to abide
by the same.
9. GST (Goods and Service Tax) is applicable on account opening charges i.e. currently 18%. GST
includes- CGST, SGST, IGST or UTGST which will be charged based on the place of servicing.

Client Name: ________________________________

15

Date: ___________________ Authorised Signatory

9
 Application Form No.:
ACCOUNT OPENING CHARGES ANNEXURE

To,
YES Securities (India) Limited,
Unit No. 602 A, 6th Floor, Tower 1 & 2,
Indiabulls Finance Centre, Senapati Bapat Marg, Elphistone Road,
Mumbai.- 400013, Maharashtra, India

Dear Sir,
I hereby subscribe to the under mentioned plan for my trading account

Plan Name Account Opening

(Please tick one plan) Charges(Rs.)

YES FIRST
YES PREMIA NIL
YES PROSPERITY MANAGED

Terms & Conditions

1. The offer is available to Resident Individual and Non-Individual customers only. This offer is not
available to NRI Clients.
2. The offer cannot be clubbed with any other offer, scheme or Brokerage plan offered by YES
Securities (India) Ltd.
3. Statutory charges, stamp duty, other charges and STT as applicable shall be levied and no
reversal shall be provided on the same.
4. In case of any dispute, the decision of the management of YES Securities (India) Ltd. shall be
final and binding on the client.
5. All disputes arising out of or in connection with this offer are subject to the exclusive jurisdiction of
the Courts in Mumbai only.
6. The said charges will be debited in my linked bank account of trading account. I have clearly
understood the plan and the terms and conditions, as explained hereinabove and agree to abide
by the same

Client Name: ________________________________

16

Date: ___________________ Authorised Signatory

10
 LETTER OF CONFIRMATION
YES BANK LIMITED
YES BANK Tower, IFC 2,
7th Floor, Elphinstone (W),
Senapati Bapat Marg, Mumbai - 400 013, India
Dear Sir,
Sub: Opening of an Account for holding Dematerialised Securities
I/ We refer to my/ our application for opening of a dematerialised securities account("DP Account") with YES BANK Limited (here in after called"YES BANK”)
we here by agree and confirm that:
1. YES BANK as Depository Participant (DP) will not be liable to us for any action adequate and sufficient notification of such change.
taken or authorised to be taken or for any claim, loss, damages or expenses 10. The particulars given and declarations made by me/us in the account opening
arising in connection with any such action or omission except in so far as the form, other declarations and in this letter are true as on the date hereof and any
same results from bad faith, willful default or negligence on the part of changes will be informed to you immediately. I/We further confirm that YES
YESBANK. BANK is not liable and responsible for any incorrect information given to YES
2. Neither YES BANK, nor any of its Agents shall be liable for any failure to BANK nor for any false declaration furnished to YES BANK and the
perform its obligations, to the extent that such performance has been delayed, consequential effects thereon.
hindered or prevented by systems failures, network errors, delay or loss of data 11. I/We have read and understood the rules and regulations pertaining to the
due to the above and in circumstances of acts of God, floods, epidemics, Depository and Depository Participants in connection with opening and
quarantine, riot or civil commotion and war, or for any reason beyond their operating of DPAccounts.
control. 12. I/We authorise YES BANK to issue/re-issue a DIS booklet through Post or
3. YES BANK as DP, will not be responsible for the title, validity or genuineness of Courier or as per their standard practice. The courier charges will be debited in
any securities which have been dematerialised and notified subsequently by my/our account.
the Registrars of any defects in its title/validity which has resulted in a reduction 13. I/We also agree that, in case of my/our not following the terms and conditions
of the dematerialised holdings of the client and the consequences thereon. YES BANK reserves the right to discontinue execution of any instruction in my/
4. I/We hereby agree to hold YES BANK harmless against all actions, our account.
proceedings, claims and demands, cost and expenses incidental thereto 14. (a) I/We hereby authorise YES BANK, to claim from my/our bank account
which may be brought against, suffered or incurred by YES BANK as mentioned under "Electronic Clearing Service (Debit Clearing)
Depository Participant by reason of all acts done by it pursuant to the Mandate/Direct Debit Mandate and Bank details for receiving
provisions of the above referred agreement executed at the time of opening the dividend/interest", the charges in respect of the DematAccount.
DP Account, including any action or omission undertaken in compliance with
any instructions received by YES BANK which YES BANK believes in good I/We further confirm that :
faith to have been given by me/us and make good the losses incurred by YES i) I/We am/are agreeable to participate in Electronic Clearing Services
BANK on all legal, professional and other expenses incurred by YESBANK. (Debit Clearing) of RBI and enclose the Mandate Form.
5. I/We undertake to send YES BANK instructions relating to the transfer of ii) The Bank has been authorised to debit my/our account with the charges
securities latest by 4 p.m. on a business day (excluding Saturdays, Sundays and remit the proceeds to YES BANK in the manner advised by YES
and Bank Holidays) prior to the Pay-in date for the Settlement number BANK from time to time. YES BANK may forward a copy of the
indicated by me/us in the debit instruction. We note that the instructions authorisation to the Bank.
received by YES BANK after this, will be executed at Client's Risk. YES BANK (b) I/We hereby undertake not to revoke the standing instruction given to my
is not liable for any losses arising out of those DIS “Accepted at Client Risk” Bank for the above without the written approval from YES BANK over after
basis. complying with clause 'd' below.
6. YES BANK will not be responsible for any failure as a result of non-receipt or (c) We will ensure that sufficient balance will be maintained in the said account
receipt of incomplete/erroneous instructions, though received within the for meeting the dues.
stipulated time. (d) I/We will provide fresh authorisation/instruction for claiming YES BANK
7. All instructions will be signed by me/us or by an authorised person on my/our dues from the new Bank Account in the event of our closing this Bank
behalf whose signature has been lodged with YES BANK along with relevant Account. I/We will provide fresh authorisation to YES BANK at least one
documents as required by YES BANK. I/We shall inform YES BANK about the month prior to our closing theAccount.
changes in the list of authorised persons and their specimen signatures from 15. I/We have agreed to YES BANK accepting any facsimile (fax) instructions, I/We
time to time. confirm that YES BANK as DP shall not be liable for any losses or damages
8. I/We am/are agreeable to pay the fees for the services rendered by YES BANK which I/we may suffer as a consequence of YES BANK as DP acting in
as per the schedule of charges included in the DP account opening form. I/We accordance with or in reliance upon, any fax instructions. I/We hereby agree
hereby authorise and instruct YES BANK to debit the Bank Account to be that I/we shall indemnify the DP and keep YES BANK as DP indemnified and
notified by me/us for the fees and other charges and undertake to ensure that saved harmless, at all times against any claims, losses, damages, in
adequate balances are made available in the Bank Account. I/We further connection with or arising out of or in relation to any fax submission.
confirm that, the securities held in my/our DPAccount are subject to a lien/right 16. I/We further confirm that the above confirmation are in addition to the Rights &
of set off in favour of YES BANK for the claims of monies payable to YES BANK Obligation document and , confirmations given by me/us in the account
pursuant to opening of my/our DP account. and other documents of DP opening form by me/us for opening the DP account.
account opening form accepted by me/us. 17. I/We hereby agree and confirm that any matter or issue arising under these
9. I/We am/are agreeable to be bound by changes in the terms and conditions, presents or this Letter of Confirmation shall be governed by Indian laws and
change in procedure and/or revision of the Schedule of Charges from time to shall be subject to jurisdiction of the courts in Mumbai, India.
time, at the sole discretion of YES BANK. I/We further agree and confirm that 18. I/We agree and undertake to execute such other documents and furnish such
notification of such changes by uploading on the website of YES BANK shall be other information / document(s) as we may be called upon by YES BANK from
time to time.
In confirmation of the above:

17 X X X
Sole/First Account Holder (First Signatory) Sole/First Account Holder (Second Signatory) Sole/First Account Holder (Third Signatory)

Date:

Place

11
 POLICIES AND PROCEDURES

YES Securities (India) Ltd., (hereinafter referred to as YSL) as a SEBI registered intermediary is mandated to follow the rules
regulations circulars of the exchanges and SEBI issued from time and operates through well defined procedures and policies. The
policies followed by a stock broker pertaining to dealing with clients in regards to points specified herein have been mandated by SEBI
to be made available to the clients. It should not be construed that these are the only policies followed by YSL.

(A) Refusal of orders for Penny Stocks: YSL normally offers trading facility in most of the compulsory dematerialized stocks &
commodities which are listed on the stock exchanges. Please note that some of the stocks & commodities such as penny stocks,
scrips (stocks & commodities) not traded in compulsorily dematerialized mode or scrips which do not meet internal risk and
surveillance criteria are not allowed by YSL for trading. Any existing scrip (stocks & commodities) enabled for trading may be
deactivated by YSL as and when such scrips (stocks & commodities) meet the criteria as defined by YSL even if the Client had bought
such scrips (stocks & commodities) through YSL thereby restricting the Client's ability to sell such scrips (stocks & commodities). YSL
cannot be held responsible for any losses, if any, arising due to deactivation of any of such scrips (stocks & commodities).

Further clarifications: The exchanges release a list of such scrips (stocks & commodities) and they are termed as illiquid securities &
commodities, however YSL retains the right to term a particular scrip (stocks & commodities) as illiquid/penny stock based on the
internal risk parameters it deems fit. These parameters may include, the past volume of the scrip (stocks & commodities), the volatility
in the scrip (stocks & commodities) among others, whether trading in a particular scrip (stocks & commodities) falls within the purview
of fraudulent trades or trades deemed to be fraudulent under the SEBI - prohibition of fraudulent and unfair trade practices relating to
securities market regulation 2003. YSL reserves the right to facilitate clients for placing orders with regards to the penny stocks or
illiquid scrips (stocks & commodities) as described above. YSL is not under any obligation to push orders which are in the nature of
penny stocks/ illiquid scrips (stocks & commodities). YSL does not encourage trading in penny stocks.

(B) Setting Up Client's exposure Limits: Setting Up Client's exposure Limits and margin information including short fall of margins
available on website in the trading account or intimated through approved means to be constituted as a valid margin call.

Exposure is allowed to the clients based on the margin available in form of funds or approved securities or commodities valued after
deducting an appropriate haircut as per the rates prescribed by Exchange/YSL. Client is liable to pay applicable initial margins,
withholding margins, special margins or such other margins as are considered necessary by the Exchange. Further YSL at its
discretion may collect additional margin or may even reduce the margin even though not required by the Exchange. Clients are
supposed to maintain sufficient balance with YSL pre trade depending on the channel through which they trade. YSL may levy
additional margins or relax the margins earlier imposed based on factors such as, client level positions, volatility in a particular stock
market or commodity market in general. Further, the client will have access to details pertaining to margin requirements, shortfall of
margin on a real time basis on the website itself where he can ascertain details of his existing margin blocked, margins required, MTM
loss adjustment, margin percentage etc. The margin requirement specified on the website in the trading account of the online client will
be construed as a valid demand for the additional margin required by YSL. Disseminating this information in the client account on the
website will be considered as informing specific (one to one) clients about the margin requirements/margin top up calls/margin
availability before the square off. Clients are bound to monitor and review their open positions and margin requirements all the times
and furnish the additional margin to YSL. Though it shall be our endeavor to ensure that a proper notice may be sent to the clients, this
may not always be possible taking into consideration the market scenario on a real time basis. Exposure allowed to clients may vary,
basis the clients past trading performance, quality of collateral, market circumstances and dynamics and other such factors.

Clients may trade themselves through the internet or may trade through the sub-broker or branch. For clients who trade through the
internet, the exposure limit may be ascertained by them on the trading portal. Clients executing trades through sub-broker or branches
may check their positions with the sub-broker/ Branch.

YSL shall not be responsible for any variation, reduction or imposition or the Client's inability to route any order through the Stock
broker's website on account of any such variation, reduction or imposition of limits. YSL may at any time, at its sole discretion and
without prior notice, prohibit or restrict the Client's ability to place orders or trade in securities based on certain internal risk parameters.
(C) Applicable Brokerage: The brokerage applicable shall be as agreed upon from time to time. Any modifications in relation to the
brokerage rate will be prior informed to the client with reasonable time for client to act on the same. The client agrees to pay YSL,
brokerage, Exchange related charges, statutory levies and any other charges (including but not limited to security or commodity
handling charges on settlement) as are prevailing from time to time and as they apply to the client's account, transactions and to the
services that member renders to the client as mutually agreed. YSL does not charge brokerage more than the maximum brokerage
permissible as per the rules and regulations and bye laws of the Exchanges/SEBI. However the minimum brokerage as stipulated by
the Exchanges will be levied. The brokerage shall be charged as a percentage of the value of the trade or as a flat fee or otherwise,
together with the statutory levies as may be applicable from time to time on the same.

Schedule of brokerage along with other applicable charges is specified in Brokerage Chart on page 8. In case the brokerage rate is not
selected by the client on the brokerage chart within the KYC booklet, the default brokerage as mentioned below will be applicable.

Cont....
12
 (D) Imposition of Penalty / Delayed payment charges, specifying the rate and period: Delayed payment charges are levied to
clients for non payment or delay in payment of their fund obligation on time which may be due on account of charges, margins or any
other sum due to YSL. Clients are required to pay margins before placing any trades. Clients are allowed to place margins in form of
funds or securities, as per the discretion of YSL.

Exposure is given to the client based on the stocks or commodities submitted by the client towards margin to YSL. Appropriate haircut
is applied on such stocks or commodities. They are then expected to make the full payment for the purchase or positions taken in
derivatives on the settlement date. In case there is a debit balance in the clients account, the same shall be liable for the delayed
payment charges. The calculation of these charges is an automated process. The charges to be levied would be up to 3 % per month.
These charges have been introduced so that they act as a deterrent for delaying the payment of funds and it should not be construe as
funding arrangement.

In case where any penalty / charges /fees / taxes etc. of whatever nature, is levied on YSL on account of trades or orders placed by
clients, such penalty /charges /fees / taxes etc. shall be debited to the client's account. The client will not be entitled to any interest on
the credit balance/excess margin available/kept with YSL

(E) Right to sell or square-off client's securities/commodities or close client's positions, without giving notice to the client on
account of non payment of client's dues to the extent of settlement/ margin obligation: Margin collection - Margin is collected
upfront from the clients i.e prior to executing any trades. Based on the margin thus available with YSL - exposure is given to the client.
The applicable margin may vary and the client may be asked to replenish the margin by tendering additional funds or securities.

In accordance with Exchange guidelines, YSL being primarily a web based broker retains the right to square off the position.
Disseminating of the details regarding margin requirements and short fall in margin through an approved mode shall be considered as
making a specific margin call to the client. Hence all clients are bound to log in to their trading account and keep themselves updated
about their positions and margin requirements made available on real time basis.

The client agrees to pay for the shares purchased or positions taken in commodity derivatives through YSL before the pay-in date in
order to enable YSL to make the requisite pay-in to the Exchange. In case the client fails to make the payment, YSL may liquidate the
securities or commodities position in the clients account in order to ensure that adequate credit is received for the shares purchased or
positions taken in commodity derivatives. This square off may be done on or before the 5th day of the settlement date.

- The client also agrees to maintain adequate margin for the positions taken in any segment or exchange. However in case the credit
available is lower than the minimum margin required, the client's positions would be liquidated in a manner that the there is no shortfall
of margin.

- YSL shall endeavor to provide additional facility besides making available the margin details on website in the trading account to
facilitate the clients towards ensuring adequate margin to avoid liquidation of open position. This information should be constituted as
prior information given to the client before liquidation of their positions. YSL may endeavour to inform the client on the registered mobile
number and or email id updated with YSL. For clients to whom a login and password is given to access their account on the website
www.yesinvest.in, or such other URL that may be provided and informed by YSL from time to time, where they are required to login and
check the limit statement uploaded therein. It shall be the clients' responsibility to ensure that adequate credit balance is available in
the account.

The above guidelines may be changed based on the discretion of YSL and in terms of the market conditions. In cases where the market
is volatile and there is a sudden spurt in scrip price then YSL may square off position without any notice due to the paucity of time and
other such circumstances

- Whenever YSL endeavors that the positions are to be liquidated, it shall not be responsible for any liabilities in case the same cannot
be liquidated.

- The priority of the positions to be squared off, i.e. which positions to be squared off first, would be at the discretion of YSL. YSL may
follow the following priority for squaring-off positions :-
a) Lower Margin scrip's (securities or commodities) will be squared off first.
b) Only futures position will be squared off (option position may be square off manually)
c) In case where there is a position in cash and derivative segment, options positions would be squared off first followed by futures
positions and then cash positions would be square off (for all segment & exchange) in case shortfall still exist.

( F ) Shortages in obligations arising out of internal netting of trades Internal Shortage Policy: In case of Internal shortage
(Client to Client Shortage), the valuation price shall be higher of 2 % above the closing price on Auction date in the normal market
segment of the Exchange or highest traded price between the trading day (transaction date) and the day of Auction. All the securities
having a corporate action will be settled on cum basis.

All losses to the Client, on account of the above shall be borne solely by the Client and YSL shall not be responsible for the same. In
case of any claim against YSL, the Client shall indemnify YSL in this regard. Cont....
13
(G) Conditions under which a client may not be allowed to take a further position or the broker may close an existing position
of a client /Temporary suspending or close a client's account at the client's request and Deregistering a client:
a) In the event where overall position in any scrip (securities & commodities) or derivative contract has reached the limit prescribed by
regulators or exchanges. For example, in case of NRI clients where the PIS Limits are prescribed by RBI are breached or in case of
Exchange wise, scrip wise limit prescribed by Exchanges for derivative contracts are breached. In all such cases the client may not be
permitted to take additional positions

b) YSL has the right to stop or block the client to trade in case where there is a debit balance in his/her account.

c) YSL retains the right to block the client from taking a position in certain specified scrips (securities & commodities) on the basis of the
risk management systems of YSL.

d) In case where YSL is apprehensive of the client to be an entity debarred by any regulatory authority, it shall retain the right to stop the
trading activities of such a client.

e) In case where YSL perceives risk with regards to any regulatory action or with regards to delay or non payment of margin or any
other lawful obligation YSL may temporarily block or suspend the trades of such clients.

f) In case where suspicious transactions are observed, including but not limited to off market transactions.

g) In case where clients are not reachable at their contact details mentioned in the client registration form or in the client master
changes form.

h) In case where unprofessional, or unruly behavior of the client is observed.

i) Further in case of clients breaching the risk parameters mentioned in point E above we may close the clients' positions without any
intimation.

j) Client can initiate suspend/closure of his account by giving 30 days written notice duly acknowledged by YSL

k) YSL has the sole discretion to dis-continue the relationship. The terms and conditions as specified in the AOF are applicable.

l) Receipt of a binding order from the regulator/authority.

m) Any of the covenant or warranty of the client is incorrect or untrue in any material aspects.

In the event of death or insolvency of the client, winding up or liquidation or the client otherwise becoming incapable of receiving and
paying for or delivering or transferring securities which the client has ordered to be bought or sold, the Stock Broker may close out the
transaction of the client and the client or his legal representative as the case shall be would be liable for any losses, costs and be
entitled to any surplus which may result there from.

(H) Inactive Client Accounts: The Client's trading account will be considered as dormant/inactive if client neither trades in any
segment/ Exchange nor registers any other financial transactions like IPO, Bonds, Mutual Fund etc., for a period of 6 Months or such
other period as may be decided by YSL at it sole and absolute discretion. Inactive\Dormant clients shall be ascertained at the
beginning of every month and those clients who have not traded even a single time or did not execute any financial transaction as
mentioned above through YSL in the preceding 6 Months will be considered as dormant/inactive. Funds/Securities/commodities, if
any available with YSL will be settled at the end of the quarter in which the trading account is made Inactive.

The client can reactivate his/her trading account by calling the Call centre (after due authentication) or by sending a request email from
his/her registered email id or by submitting a physical letter duly signed. YSL shall also have the discretion to reactivate a trading
account, after doing adequate due diligence, as YSL may consider fit and proper.

These policies and procedures may be amended/changed from time to time by the stock broker depending on the change in rules,
regulation and bye laws of SEBI / Exchange and process of Stock broker, provided the change is informed to the client by email/
post/online acceptance of the revised policies and procedures in the trading account by displaying it on the website or any other
approved mode. These policies and procedures shall be compulsorily referred to in case of any dispute/difference/claim made before
the appropriate court of law/adjudicating authority including arbitrator/mediator or in case of any settlement arrived between the
parties.

18
Authorised Signatory

14
 POWER OF ATTORNEY (THIS DOCUMENT IS VOLUNTARY)

This Power of Attorney ("Power of Attorney") is given in favor of YES Securities (India) Limited on the day of
20 by

a) The person(s) specified in the Schedule [A] hereinafter referred to as the "BankAccount Holder(s)"; and
b) The person(s) specified in the Schedule [B] hereinafter referred to as the "Securities (Demat) Account Holder(s)"

WHEREAS:
(a) The Client (the person set out in Schedule [Cl) has read and understood the SEBI prescribed Rights and Obligations document and is desirous of registering
as a Client of YES Securities (India) Limited, a company, incorporated under the provisions of the Companies Act, 1956, being a Member of SEBI Registered
Stock Exchanges & Commodity Exchanges (SEBI Regn No. - INZ000185632), having its registered office at Unit no. 602 A,6th floor, Tower 1 & 2, lndiabulls
Finance Centre, Senapati Bapat Marg, Elphinstone Road, Mumbai-400013 and one of its processing office at Part Gr. & 1st Floor, T. S. No. 60 & 61, Block No. 10,
Door No. 24, Ambalathadayar Madam Street, Puducherry (Pondicherry)- 605 001 (hereinafter called the "Stock Broker"/ "YSL") for dealing in Securities,
Commodity Derivatives and other services as may be availed by the Client from time to time. "Securities" shall have the same meaning as assigned to it under
the Securities Contracts (Regulation) Act, 1956, as amended from time to time. (b) The Bank Account Holder(s) hold bank account/s with the bank more
particularly detailed in Schedule [A] herein below (the "Bank"), and bearing bank account number/s as mentioned therein under title "Bank Account Details"
(hereinafter referred to as the "Bank Account") (c) The Securities (Demat) Account Holder(s) hold securities account/s with YES BANK Limited, a depository
participant (DP) registered with SEBI (the "DP") details whereof are mentioned in the Schedule [B] hereunder under title "Securities (Demat)Account Details"
(hereinafter referred to as the "Securities Account") (d) The Bank Account Holder(s) and the Securities (Demat) Account Holder(s) are collectively referred to as
the "Account Holder(s)" and/or "I/We"); e) To facilitate proper execution and seamless experience of all the transactions including transactions in Commodity
Derivatives executed by Client in its trading account with Stock Broker and for availing various services and to give effect to all the terms and conditions specified
in the Account opening form, I/We am/are desirous of appointing the Stock Broker as my/our attorney and confer upon it the powers herein stated.
NOW KNOW WE ALL AND THESE PRESENTS WITNESSTH THAT I/We, the Account Holder(s)do hereby jointly and severally authorize/nominate/appoint the
Stock Broker for the purpose hereof, acting through any of its officers or employees or any sub-agents, to be my/our true and lawful agent and attorney for me/us
and on my/our behalf (the "Attorney") and in my /our name and on my/our behalf at my/our risks and costs from time to time to do and exercise or cause to be
done and exercised all or any of the following acts, powers and authorities as required to facilitate the transactions including transactions in Commodity
Derivatives executed/ to be executed in my/our trading account with YSL including fulfillment of all my/our obligations, any losses or liabilities created towards
Stock Broker:

1.To operate and debit the Securities Account in my/our name for facilitating transactions in Securities andCommodity Derivatives through the Stock Broker to
meet all margin / settlement obligations due from me/us to the Stock Broker in terms of the SEBI prescribed Rights and Obligations for transactions executed
between me/us and the Stock Broker, and in relation to any of the products/facilities/services offered by the Stock Broker and to do the following for the above
purposes including:-
(a) to transfer Securities from the Securities Account for the purpose of delivering the same in respect of Securities sold by me/us or to the pool account of the
Stock Broker to effect delivery of the Securities, or for margin purposes, to meet margin obligations for transactions done on any of the Exchange(s) including
commodity derivatives transactions for me/us; (b) to block and/or hold, all or any, of the Securities lying in the Securities Account including in Stock Broker's/DP's
internal systems, without any further instructions (this writing constituting my/our instructions to do so), to transfer all the said Securities to the securities
account(s) of the Stock Broker in accordance with the instructions of the Stock Broker for the above purpose; (c) subject to permitted laws, to create/mark a lien,
charge or pledge on all or any of the Securities lying in the Securities Account including in DP's internal systems, belonging to me/us or in such other manner as
the Stock Broker may determine, without any further instructions (this writing constituting my/our instructions to do so) or to transfer all the said Securities to the
securities account(s) of the Stock Broker in accordance with the instructions of the Stock Broker for the purpose of meeting my/our margin requirements /
settlement obligations in connection with the trades executed by me/us through the Stock Broker, or any obligation arising out of availing of any services
including transactions in Commodity Derivatives through the Stock Broker.; (d) to sign, deliver, endorse and/or acknowledge all instructions, forms, transfer
deeds, depository forms and instruments, slips, receipts and other instruments and writings which are required, necessary or advisable for performing all or any
of the powers or authorities hereby conferred; and (e) to submit information to any government, regulatory or statutory authorities and complete, sign and submit
any applications or documents for any approvals or for any other reason whatsoever that may be necessary or desirable to perform any of the acts listed in this
Power of Attorney.

2.To operate the Bank Account in my/our name, for facilitating transactions in Securities and commodity derivatives by the Stock Broker as a stock broker, for
meeting my/ our settlement obligations/ margin requirements and for recovering any outstanding amounts due from me/ us to the Stock Broker arising out of my/
our trading activities including transactions in Commodity Derivatives on the stock exchanges, towards any monies/ fees/ charges outstanding or payable by
virtue of me /us using/ availing/ subscribing to any of the products/facilities/services including transactions in Commodity Derivatives offered by the Stock Broker
and including to do the following for the above purpose-
(a) To block and/or hold and/or create lien on all or any of the monies lying in the Bank Account including in the internal systems of the Bank, where such Bank
Account has been opened belonging to me/ us, or in such other approved manner as the Stock Broker may deem fit, without any further instructions (this writing
constituting my/our instructions to do so) and/or to transfer all the said monies to the Bank Account of the Stock Broker or in accordance with the instructions of
the Stock Broker;
(b) To draw, endorse and sign cheques/ demand drafts, withdraw, transfer or deposit monies and issue necessary instructions, including electronic instructions
or otherwise operate my/our Bank Account standing in my/our sole name or in the joint names of myself/ourselves in such manner as the Stock Broker may
deem fit.

3.To apply for various products like mutual funds, public issues (shares as well as debt instruments), rights, offer of shares, tendering shares in open offers or the
like pursuant to my/our instructions including applying for redemptions and for meeting the obligations arising out of such products like mutual funds, public
issues, rights, offer of shares, tendering shares in open offers or the like.

19
Authorised Signatory
15
4. To have the first and paramount lien on the Bank Account and Securities Account of the Account Holder(s) and to exercise such lien in the event of any loss
suffered/cost incurred on account of any/all transactions including transactions in commodity derivatives done/executed by me/us/on my/our instructions or as
per the terms and conditions of the products/services availed of by me/us.

5. Transfer funds from the Bank Account towards monies/fees/charges etc. due to the DP/ Principal payable by virtue of, I/We using/subscribing to any of the
facilities/services including transactions in commodity derivatives availed by me/us at my/our instance.

6.AND GENERALLY to do, perform and execute all such other acts, deeds, instruments, matters and things on my/our behalf as the said Attorney may think fit
in accordance with this Power of Attorney as fully and effectually and to all intents and purposes as I/we myself/ourselves could do if I/we were personally
present AND for the further, better and more effectually doing, effecting, executing and performing the several matters and things aforesaid AND I/we hereby
ratify and confirm and agree and undertake to ratify and confirm whatsoever the said Attorney shall lawfully do or cause to be done by virtue of these presents.
The Attorney and/ or the DP is authorized to send to me/ us a consolidated summary of scrip wise buy and sell positions taken by me/us with average rates by
way of short messaging service or e-mails on a daily basis. The Bank and the DP accordingly is authorized and has consented to follow the instructions of
my/our said Attorney with respect to the powers set forth with respect to my/our Bank Account and Securities Account respectively and I/we hereby ratify and
confirm any and all transactions including transactions in commodity derivatives, or dealings effected in and for my/our above mentioned accounts by my/our
Attorney in accordance with this Power of Attorney. Instructions given by the Attorney to the Bank and/or DP to block funds and/or securities and/or to debit or
transfer from a Bank Account and/or Securities Account respectively in connection with a transaction (ncluding commodity derivatives) entered into or to be
entered into by me/us with or through the Attorney shall be given first priority over any prior or subsequent instructions or cheques given or issued by me/us or
my/our authorized representative. The funds or securities once blocked on my/ our instructions or on the instructions of the Attorney in connection with a
transaction (including commodity derivatives) entered into or to be entered into by me/ us with or through the Attorney shall be released only with the express
written consent of the Attorney to the concerned Bank or the DP. The Attorney has the power to add and/or delete names of authorized employees. The
Attorney may appoint and remove at its discretion any authorized signatories for or under the Attorney in respect of all or any of the matters contained herein
upon such terms and conditions as the Attorney may think fit. The Stock Broker shall return to me/ us the Securities or funds that may have been received by it
erroneously or that it was not entitled to receive and vice versa. To induce any depository, stock exchanges, clearing corporation/house, mutual funds, body
corporate, banks, approved intermediaries and registrars and share transfer agents (hereinafter collectively referred to as "Transfer Agent") to act, I/we hereby
agree that any Transfer Agent receiving a certified true copy of this Power of Attorney may act upon it, and that revocation or termination hereof shall be
ineffective as to such Transfer Agent unless and until actual notice or knowledge of such revocation or termination shall have been received by such Transfer
Agent.
I/We hereby confirm and agree that this Power of Attorney and authorization shall not be affected by lapse of time. Power of Attorney may be revoked at any
time by giving a notice in writing. However, it shall continue in full force and effect until the Attorney receives a written intimation of such revocation and the said
request shall bear an acknowledgment of receipt from the Stock Broker, or in the event of the termination thereof by my/our death until the Attorney shall have
received actual written intimation bearing acknowledgement stamp by Stock Broker thereof and such revocation or termination shall in no way affect the
validity of this Power of Attorney, with reference to any transaction initiated by me/us or my/our Attorney pursuance to this Power of Attorney, prior to the actual
receipt by the Attorney of intimation of such revocation or termination, as above provided. Further I/we agree and confirm that the Power of Attorney will be
revoked/cancelled immediately upon fulfillment of my/our obligations pertaining to unsettled transactions and outstanding lawful dues payable to Stock
broker/Bank/DP or to any of their affiliates/ subsidiaries as per the terms and conditions of the services (including commodity derivatives) and facilities availed
by me/us. I/We have read carefully the provisions of this Power of Attorney and understand that it authorizes my/our Attorney, to exercise all rights and powers
set forth with respect to my/our Bank Account and Securities Account. I/We understand that anything my/our Attorney may do in the exercise of such rights and
powers shall be fully binding upon me/us. I/We specifically agree that any matter or issue arising hereunder shall be governed by and construed exclusively in
accordance with the Indian laws. In respect of disputes arising out of transactions (including commodity derivatives) or matters governed by the relevant stock
exchange(s), the same shall be subject to the regional arbitration centers of the relevant stock exchange(s) and in all other cases, any disputes shall be subject
to the jurisdiction of the courts at Mumbai in India.
This Power of Attorney does not intend to give any exclusive rights to Stock Broker on the Bank Account and /or the Securities Account. Stock Broker as my/our
constituted Attorney may seek from the DP/Bank information regarding my/our funds/Securities balances for the transactions (Including commodity
derivatives) effected /to be effected by me/us or on behalf of me/us through the Stock Broker and the Stock Broker may also provide transaction (including
commodity derivatives) information to DP/Bank, from time to time, in order to complete settlement of transactions (including commodity derivatives).

INSTRUCTIONS TO THE DP-

1. The Joint Account Holder(s) authorize the DP to honor all instructions received from the Stock Broker pursuant to this power of attorney. In case of death,
disability, winding up or liquidation of any Joint Account Holder, the surviving Joint Account Holder/sand/or the heirs, nominees, executors, administrators,
liquidator, successors and legal representatives of the Joint Account Holder who has died or been disabled, dissolved, wound up or liquidated shall forthwith
inform the Stock Broker of the same in writing. This power of attorney shall not be revoked as regards such Joint Account Holder on account thereof for all
pending obligations and dues of the Client towards the Stock Broker until the same have been fulfilled to the satisfaction of the Stock Broker and shall continue
to subsist and bind (and shall be deemed to have been given by) the heirs, executors, administrators, liquidator, successors or legal representatives of such
Joint Account Holder, and the Stock Broker in the capacity of a broker shall be entitled to continue to act on the basis hereof. In the event of any change in the
number, nature of securities and or the ISIN number of the securities/commodities (during any period in which any securities/commodities are blocked
/pledged pursuant to the aforesaid power of attorney) as a consequence of any corporate action of the concerned company implemented by the Depository,
the Stock Broker, as an attorney shall be entitled to accordingly modify the block/pledge created to accommodate the changes in the ISIN number, the number/
nature/ quantity of securities/commodities maintaining the block/pledge at the same percentage of the share capital of the company as originally blocked.
I/ We further agree that any transfer of funds and Securities/commodities as mentioned above, shall be made to accounts as listed in Annexure A to this Power
of Attorney, and further that any changes made to the list as mentioned in Annexure A shall be intimated to me/ us through any approved mode of
communication as mentioned in the Terms and Conditions agreed upon with the Stock Broker.

20
Authorised Signatory

16
Schedule A - Bank A/c Details Schedule B - Securities (Demat) Account Details
Bank Name: YES BANK Ltd. Account Type: SA CA DP ID: IN303270 Name of DP: YES BANK Ltd.
Bank A/c No: Client ID: Constitution:
Branch: Constitution: First Holder Full Name:
First Holder Full Name:

Signature 21 Signatures 22
Address: Address:

Second Holder Full Name: Second Holder Full Name:

Signature Signature
Constitution: Constitution:
Address: Address:

Third Holder Full Name: Third Holder Full Name:

Signature Signature
Constitution: Constitution:
Address: Address:

Schedule C - Clients Details

Name of the Client: Client Code:
Address:

Witness 1 Name & Address: Signature:

Witness 2 Name & Address: Signature:

041983100000020

17
 AUTHORIZATIONS - THIS DOCUMENT IS VOLUNTARY
To,
Yes Securities (india) Limited
Mumbai
Dear Sir/Madam,
(I) Authorization to maintain account on running account basis Yes No 23 Authorised Signatory

I/We confirm that I/We am/are desirous of regularly dealing withwith all the exchanges (as applicable) of which Yes Securities (India) Ltd.
Is a member of under its SEBI Regn. No. - INZ000185632 and request you to maintain a running account for funds on my/our behalf
without settling the account on settlement of each transaction on my/our behalf.
I/We hereby give you the following operational instructions in respect of my/our captioned account maintained with you.
I/ We request you to settle my account on a Quarterly basis Monthly basis
To maintain my captioned account, with you on a running account basis, i.e. instead of paying to me/us any amounts representing payouts,
settlement dues, marked to market profits on the settlement date, to retain, withhold, set-off and / or appropriate for such purposes
and in such manner as you may deem fit, including towards settling outstanding obligations on a settlement date. This will facilitate me in
my/our transactions with you.
You may at your discretion and with orwithout notice to me/us, set-off any:
Money due to me arising from trades executed (including transactions in Commodity Derivatives) on a segment of an exchange with the
shortfall or additional requirements of margin or securities or money arising from other trades executed (including transactions in
Commodity Derivatives) whether on the same or any other segment of the same exchange / or other exchange. At the time of
settlement of accounts once in a month/quarter as opted by me herein below, I/We authorize you to retain such amount of funds as you may
deem requisite to meet F&O margin obligations for a period of up to 5 (Five) trading days following such settlement, Howsoever such amount of
additional margin apart from margin liability as on date of settlement, will not be more than the limits prescribed by SEBI or respective
exchanges from time to time. In the cash market segment(s), for next day's business, you may retain funds/securities/margins to the extent of
value of transactions executed on the day of such settlement in the Cash market(s) only. Further, you are also authorized to retain an additional
amount for administrative /operational expense up to a limit of Rs 10,000/- (net amount across segment and across stock exchanges)
Upon settlement of my account, you will furnish to me/us by email a statement of accounts containing extract from the client ledger for funds
and an extract from the register of securities displaying all receipts/deliveries of funds.
I/ We understand and agree that you will transfer/release the funds/securities lying to my/our credit within 1 (one) working day of a request by
me/us if the same are lying with you and within 3 (three) working days from the request if the same are lying with the Clearing Member/Clearing
Corporation, subject to me/us providing you with a written request for such transfer and subject to no outstanding dues on my/our part in
relation to any of my/our obligations under the broking relationship. With respect to requirements of the Exchanges to maintain accounts for
each exchange/ segment separately I/ we authorise you to allocate the payments received / made to any of the exchanges / segments. I/We
further authorise you to pass such entries to adjust my/our debit/ credit balance in my/our trading account of any exchange / segment to any
other and vice versa backed by actual fund transfers, if separate bank account is maintained Exchange / Segment wise.
I/We understand and agree that no interest will be payable to me/us on the deposits or amounts lying to my/our credit with you.
I/We also understand that you shall not be liable for any claim for loss or profit, or for any consequential, incidental, special or exemplary
damages, caused by retention of such funds under this running account Authorizations. This authorization may be revoked by me/ us at any
time by giving you written intimation.

(II) Authorization to obtain transaction details - Yes No 24 Authorised Signatory

I/We agree, confirm and provide our consent and irrevocably authorize you to disclose, Obtain, share and/or transfer, all or any information
pertaining to me/us and/or my/our accounts and facilities availed by me/us, with any of your affiliates, group companies, branches,
subsidiaries, holding companies; any statutory, judicial, quasi judicial authority and/or local body; any exchange, market, or other authority or
regulatory body having jurisdiction or any person (including any agent, contractor or third party service provider) with whom you may contract
or proposes to contract with regard to the provision of services/facilities in respect of my/our account(s) or facilities (as the case may be), or in
connection with the operation of your business; any person employed with, or engaged as an agent by you or your affiliates, group companies,
branches, subsidiaries, holding companies, for the purposes of or in connection with interactions with us or for providing services/facilities to
us or processing transactions pertaining to our accounts or facilities and/or to enable you to centralize or outsource your data processing and
other administrative operations to your affiliates, group companies, branches, subsidiaries, holding companies or to third parties engaged by
you for any such services/operations of our accounts
(III) Authorization to deposit collateral with the Exchange/ Clearing Corporation 1 Clearing
25 Authorised Signatory
House towards margin Yes No
With reference to my/ our trading account with YES Securities (India) Limited (YSL), I/ we shall be keeping collaterals with YSL from time to
time either in one or all the following forms towards my/ our margin requirements and other obligations for the transactions executed/ to be
executed through YSL on all the exchanges (as applicable) of which Yes Securities (India) Ltd. is a member of under its SEBI Regn. No. -
INZ000185632 (hereinafter collectively referred to as "Exchange").Cash, Fixed deposits, Securities, Bank guarantees, commodities, Other
forms as specified from time to time
I/ We understand that as a Broker, YSL is required to deposit collateral with the respective Exchanges/ Clearing Corporation/ Clearing House
towards margin requirements for the trades done.
I/ We hereby authorize YSL to deposit the collateral deposited by me/us with YSL from time to time with the respective Exchanges/ Clearing
Corporation/ Clearing House for meeting the margin requirements and other obligations in my/our account.

18
Cont....
(IV) Consent to receive Transactional, Service, Commercial calls and/orSMS Yes No 26 Authorised Signatory

I, in my capacity of a subscriber to the services and products offered by you, hereby instruct you to provide to me the following
communications through the medium of short messages service and / ortelephone calls on my phone number(s) registered with you:
Research and investment ideas whether developed by your in-house research team and / or outsourced agencies, Market related alerts,
Offers for subscription to new products / services from time to time, Account and trading related information and other notifications pursuant to
the services provided, Information relating to investment products and services, Any other service to aid in wealth creation process.
I state that although I have registered myself with the National Do Not Call Registry set up pursuant to the Telecom Unsolicited Commercial
Communications Regulations, 2007 / the National Customer Preference Register established under the Telecom Commercial
Communications Customer Preference Regulations, 2010, I hereby instruct you to send to me, and consent to receive, communications
through short messaging services and / or telephone calls for the services listed out in the preceding paragraph. I undertake that I shall not
raise any complaint or dispute before the Telecom Regulatory Authority of India or / any telecom service providers / access providers or other
authorities or service providers in relation to any communications received pursuant to this letter nor shall I hold you liable for making such
communications. I further undertake to indemnify you against any loss that may be caused to you by virtue of my registration under the
National Do Not Call Registry/ National Customer Preference Register.
I hereby confirm that I have opted to receive the communications listed in the preceding paragraph

(V) Receiving electronic contract notes and statements through email - Yes No 27 Authorised Signatory
I/ We understand that I /we have the option to receive the contract notes, bills, statement of funds and securities, commodities and other
relevant documents in either physical or electronic form. In pursuance to same I/we hereby opt for receipt of contract notes and other relevant
documents in electronic form. We hereby authorize YSL to send us all important communication, including without limitation, contract notes,
notices,circulars, account statements, confirmations and othersuch communication through email. The said emails are to be sent to the email
address as mentioned in the KYC form.
The process of receiving contract notes and other communications through email will be considered as due discharge of obligation by you as
per the rule, regulations and bye laws of SEBI and stock exchanges. I /We hereby confirm that the said email address has been created by me
/ us and I / we take the responsibility of regularly accessing and taking cognizance of all the important notification and communication sent to
the said email address.
I/We hereby undertake that any change in the email address will be communicated to YSL through a written request (the letter to bear the
acknowledgment stamp of YSL) or by logging into mytrading account using Login ID and Password.
I / We hereby confirm that non receipt of bounced mail intimation by YSL shall mean that such communication has been delivered to me / us.
We agree not to hold YSL responsible for late/non-receipt of contract notes, bills, margin calls, ledger, and other documents sent in electronic
form and any other communications for any reason beyond YSL's control including but not limited to failure of email servers, loss of
connectivity, email in transit etc. We agree that the Log reports of your dispatching software shall be evidence of proof of dispatch/delivery of
contract notes and all relevant documents.
(VI) Receipt of instructions in electronic / telephone mode: Yes No 28 Authorised Signatory

I / We hereby acknowledge that we may send communications through, without limitation, email / fax / telephone / other electronic modes
(hereinafter referred to as other alternate modes of communication). I/We understand that Internet / telephone/fax are not encrypted and are
not a secure means of transmission. I / We acknowledge and accept that such an unsecured transmission method involves the risks of
possible unauthorized alteration of data and / or unauthorized usage thereof for whatever purposes. I / We agree to exempt you from any and
all responsibility of such misuse and receipt of information, and hold you harmless for any costs or losses, I / we may incur due to any errors,
delays or problems in transmission or otherwise caused by using the internet / telephone / fax / as a means of transmission. Further, I / we
hereby undertake to indemnify you for all losses, damages, costs, expenses (including reasonable legal expenses), incurred or suffered by
you and against, any actions, suits, claims or proceedings that are or may be initiated against you by your agreeing to accept any reports,
information or communication or arising from your acting or relying on such reports, information or communication received from me / us by
such alternative modes of communication.
(VII) Mutual Fund Service System (MFSS) I BSE StAR Mutual Fund (collectively referred to as
Mutual Fund Transaction Facilities) Yes No 29 Authorised Signatory
I / We, am / are in the process of registering as your client and in the process of executing the required documents for the purpose of trading in
the Capital Market / F&O / Currency Derivatives Derivatives on all the exchanges (as applicable) of which Yes Securities (India) Ltd. is a
member of under its SEBI Regn. No. - INZ000185632 (hereinafter jointly referred to as "Exchanges").
I /We, am / are interested in availing the Mutual Fund Transaction Facilities of the Exchanges for the purpose of transacting/dealing in the units
of mutual funds schemes permitted to be dealt with on the MFSS and BSE StAR MF of NSE and BSE respectively. For the purpose of availing
these facilities, I/we state that Know Your Client details as submitted by me/us for the stock broking may be considered for the purpose of
Mutual Fund transaction facilities and I/we further confirm that the details contained therein are same and remain unchanged as on date.
I / We, am / are willing to abide by the terms and conditions as mentioned in the NSE circular dated November 24, 2009, BSE Circular dated
December 02, 2009 and further terms and conditions as may be specified by the Exchanges from time to time in this regard.
I/We shall also ensure compliance with the requirements as may be specified from time to time by Securities and Exchange Board of India
(SEBI) and Association of Mutual Funds of India (AMFI).
I/We shall read and understand the contents of the scheme information document and Key Information Memorandum, addenda issued
regarding each Mutual Fund Schemes with respect to which I/we choose to subscribe/ redeem. I/We further agree to abide by the terms and
conditions, rules and regulations of the Mutual Fund Schemes.
I/We therefore request you to register me/us as your client for participating in the Mutual fund transaction facilities (MFSS and BSE StAR MF).
I /we hereby confirm the above authorizations provided to YES Securities (India) Limited

19
 Client's Acknowledgement and Declaration
1. I/We shall not effect any third party transactions.
2. I/We am/are not a Trading Member/Sub-Broker/Authorized Person affiliated to the main broker of any of the Exchange.
3. I/We shall do all the trades as my/our own trades as your client and I/We will not do trades through you acting on behalf of my/our
clients/as Sub-Broker/Authorized Person or in any other manner.
4. I/We am/are not an employee of anotherTrading Member of any Exchange. In the event of change in my position, I shall be
responsible to obtain the No Objection Certificate from my employer and provide the same to the Stock Broker.
5. I/We am/are not expelled/suspended member/broker of any recognized Stock Exchange.

Client Code:
30
Authorised Signatory

20
 BENEFICIAL OWNERS / CONTROLLING PERSONS
DETAILS

(Applicable to Company, Trust, Partnership, LLP, AOP, BOI)

For Office Use only

Customer ID Account No

Constitution type (tick whichever is applicable) Company Partnership I LLP / AOP / BOI Trust

Date. D D M M Y Y Y Y

To,
The Branch Manager
YES BANK, Branch

Name of Entity

List of all Trustees / Settlers / Beneficiaries Owner / Controlling Persons*

I / We the undersigned hereby declare that the following trustee, settler, natural person(s)are the Beneficial Owner (s)*/ Controlling Persons(s)* in the captioned entity (directly or indirectly)

Trustee/ Settler/ Beneficiary Owner/ Trustee/ Settler/ Beneficiary Owner/ Trustee/ Settler/ Beneficiary Owner/ Trustee/ Settler/ Beneficiary Owner/
Controlling Person 1 Controlling Person 2 Controlling Person 3 Controlling Person 4
Name
House/Building No
& Street name
city
State
Country
PIN Code

Date of Birth
Nationality
Designation^

PAN#
Passport No#(If
PAN Not available)

For (Name of Entity)

Signature of Authorised Signatory

'Authorised signatory means:

I) Company Secretary or Director or any person authorized as per the resolution of board to sign on any documents/declaration related to account opening
(ii) Partner or designated partner or any person as authorized as per resolution/letter mentioned on Partnership/LLP declaration to sign on any documents/dedaration related to
amount opening
(iii) Chairperson or secretary or any person as authorized as per resolution/ declaration to sign on any documents/ declaration related to TASC account opening
(iv) Any person as authorized as per resolution/ declaration/ letter to sign on any documents/ declaration related to amount opening for other entities.

Refer to the following instructions while filling details in the format above
a) For the columns marked with # :
i) PAN Number to be provided for Resident Individuals. In absence of PAN, valid ID document to be submitted. If minor, than age proof to be provided.
ii) Passport Number to be provided for Foreign National / NRI if not having PAN Number.
b) Address mentioned should be of the Residence of the individuals
c) For columns marked with ^- Designation (in case of companies) hero shall mean Controlling Owners Le. Shareholder, Promoter, Controller, etc. It Beneficial Owner is Senior
Managing Official then
Designation shall mean - MD, CEO, CFO, Whole-time Director Company Secretary, Such other officer as prescribed by Company
d) It the space in one declaration format is not sufficient to mention details of all Trustee / Settler / Beneficiary /Owner / Controlling Person, please use separate declaration (in
bank format) and attach
all together with Account Opening Form

Explanation on who is a Beneficiary Owner or Controlling Person:

Rule 9 (1a) of the Prevention of Money Laundering Rules, 2005 requires that every banking company, and financial institution, as the case may be, shall identify the beneficial
owner and take all reasonable steps to verify his identity.
The beneficial owner for the purpose determined as under-
(a) where the client is a company, the beneficial owner is the natural person(s), who, whether acting alone or together, or through one a more juridical person, has a controlling
ownership interest or who exercises control through other means. Explanation.-For the purpose of this sub-clause-
1. “Controlling ownership interest” means ownership of or entitlement to more than twenty-five per cent. of shares or capital or profits of the company;
2. “Control” shall include the right to appoint majority of the directors or to control the management or policy decisions including by virtue of their shareholding or management
rights or shareholders agreements or voting agreements,
(b) where the client is a partnership for, the beneficial owner is the natural person(s) who, whether acting done or together, or through one or more juridical person, has ownership
of/entitiement to more than fifteen per cent. of capital or profits of the partnership;
© where the client is an unincorporated association or body of individuals, the beneficial owner is the natural person(s), who, whether acting alone or together, or through one or
more juridical person, has ownership of or entitlement to more than fifteen per cent. of the property or capital or profits of such association or body of individuals;
(d) where no natural person is identified under (a) or (b) or (c) above, the beneficial owner is the relevant natural person who holds the position of senior managing official;
(e) where the client is a trust, the identification of beneficial owner(s) shall include identification of the author of the trust, the trustee, the beneficiaries is with fifteen per cent. or
more interest in the trust and any other natural person exercising ultimate effective control over the trust though a chain of control or ownership; and
(f)where the client or the owner of the controlling interest is a company listed on a stock exchange, or is a subsidiary of such a company, it is not necessary to identify and verify
the identity of any shareholder or beneficial owner of such companies.

21
A. Explanation on who is a Beneficiary Owner or Controlling Person:
Rule 9 (1a)'of the Prevention of Money Laundering Rules,2005 requires that every banking company, and financial institution, as the case may be, shall identify the
beneficial owner and take all reasonable steps to verify his identity.
The beneficial owner for the purpose determined as under-
(a) where the client is a company, the beneficial owner is the natural person(s), who, whether acting alone or together, or through one or more juridical person, has a
controlling ownership interest or who exercises control through other means Explanation -For the purpose of this sub-clause-
1. "Controlling ownership interest" means ownership of or entitlement to more than twenty-five per cent. of shares or capital or profits of the company
2. "Control" shall include the right to appoint majority of the directors or to control the management or policy decisions including by virtue of their shareholding
or management rights or shareholders agreements or voting agreements;
(b) where the client is a partnership firm, the beneficial owner is the natural person(s) who, whether acting alone or together, or through one or more juridical person, has
ownership of/entitlement to more than fifteen per cent of capital or profits of the partnership;
(c) where the client is an unincorporated association or body of individuals, the beneficial owner is the natural person(s), who, whether acting alone or together, or
through one or more juridical person, has ownership of or entitlement to more than fifteen per cent. of the property or capital or profits of such association or body of
individuals;
(d) where no natural person is identified under (a) or (b) or (c) above, the beneficial owner is the relevant natural person who holds the position of senior managing
official;
(e) where the client is a trust, the identification of beneficial owner(s) shall include identification of the author of the trust, the trustee, the beneficiaries with fifteen per
cent, or more interest in the trust and any other natural person exercising ultimate effective control over the trust through a chain of control or ownership; and
(f) where the client or the owner of the controlling interest is a company listed on a stock exchange, or is a subsidiary of such a company, it is not necessary to identify
and verify the identity of any shareholder or beneficial owner of such companies.

B. Financial Institution (FI)- The term Fl means any financial institution that is a Depository Institution, Custodial Institution, Investment Entity or Specified Insurance
company, as defined.

B.1 Depository institution: is an entity that accepts deposits in the ordinary course of banking or similar business.

B.2 Custodial institution is an entity that holds as a substantial portion of its business, holds financial assets for the account of others and where it's income attributale
to holding financial assets and related financial services equals or exceeds 20 percent of the entity's gross income during the shorter of-
(i) The three financial years preceding the year in which determination is made; or
(ii) The period during which the entity has been in existence, whichever is less.

B.3 Investment entity is any entity:

B.3.a That primarily conducts a business or operates for or on behalf of a customer for any of the following activities or operations for or on behalf of a customer

(i) Trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instrumens;
transferable securities; or commodity futures trading; or
(ii) Individual and collective portfolio management; or
(iii) Investing, administering or managing funds, money or financial asset or money on behalf of other persons;

or

B.3.b The gross income of which is primarily attributable to investing, reinvesting, or trading in financial assets, if the entity is managed by another entity that is a
depository institution, a custodial institution, a specified insurance company, or an investment entity described above (B.3.a).

Explanation 1:
An entity is treated as primarily conducting as a business one or more of the 3 activities described above in B.3.a, or an entity's gross income is primarily attributable to
investing, reinvesting, or trading in financial assets of the entity's gross income attributable to the relevant activities (B.3.b) equals or exceeds 50 percent of the entity's
gross income during the shorter of:
(i) the three-year period ending on 31 March of the year preceding the year in which the determination is made; or
(ii) the period during which the entity has been in existence.
Explanation 2:
The term “Investment Entity” does not include an entity that is an active non-financial entity as per codes 03, 04, 05 and 06 under C.c

B.4 Specified Insurance Company: Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make
payments with respect to, a Cash Value Insurance Contract or an Annuity Contract

C. Non-financial entity (NFE) -Any entity that is not a financial institution

Types of NFEs that are regarded as excluded NFE are:

a. Publicly traded company (listed company)

A company is publicly traded if its stock are regularly traded on one or more established securities markets
(Established securities market means an exchange that is officially recognized and supervised by a governmental authority in which the securities market is located
and that has a meaningful annual value of shares traded on the exchange)
b. Related entity of a publicly traded company
The NFE is a related entity of an entity of which is regularly traded on an established securities market;
c. Active NFE : (is any one of the following including C.a and C. b):

1 Less than 50 percent of the NFE's gross income for the preceding financial year is passive income and less than 50 percent of the assets held by the
NFE during the preceding financial year are assets that produce or are held for the production of passive income;

2 The NFE is a Governmental Entity, an International Organization, a Central Bank, or an entity wholly owned by one or more of the foregoing;

3 Substantially all of the activities of the NFE consist of holding (in whole or in part) the outstanding stock of, or providing financing and services to,
one or more subsidiaries that engage in trades or businesses other than the business of a Financial Institution, except that an entity shall not qualify for this
status if the entity functions as an investment fund, such as a private equity fund, venture capital fund, leveraged buyout fund, or any investment
vehicle whose purpose is to acquire or fund companies and then hold interests in those companies as capital assets for investment purposes;

4 The NFE is not yet operating a business and has no prior operating history, but is investing capital into assets with the intent to operate a business
other than that of a Financial Institution, provided that the NFE shall not qualify for this exception after the date that is 24 months after the date of
the initial organization of the NFE;

5 The NFE was not a Financial Institution in the past five years, and is in the process of liquidating its assets or is reorganizing with the intent to
continue or recommence operations in a business other than that of a Financial Institution;

6 The NFE primarily engages in financing and hedging transactions with, or for, Related Entities that are not Financial Institutions, and does not
provide financing or hedging services to any Entity that is not a Related Entity, provided that the group of any such Related Entities is primarily
engaged in a business other than that of a Financial Institution;

22
 Any NIFE that fulfills all of the following requirements:
It is established and operated in India exclusively for religious, charitable. scientific, artistic, cultural, athletic, or
educational purposes; or it is established and I operated in India and it is a professional organization, business league,
chamber of commerce, labor organization, agricultural or horticultural organization, civic league or an organization
operated exclusively for the promotion of social welfare,
It is exempt from income tax in India,
It has no shareholders or members who have a proprietary or beneficial interest in its income or assets,
The applicable laws of the NFE's country or territory of residence or the NFE's formation documents do not permit any
income or assets of the NFE to be distributed to, or applied for the benefit of, a private person or non-charitable Entity other than
7 pursuant to the conduct of the NFE’s charitable activities, or as payment of reasonable compensation for services
rendered, or as payment representing the fair market value of property which the NFE has purchased: and

The applicable laws of the NFE's country or territory of residence or the NFE's formation documents require that, upon the NFE's
liquidation or dissolution, all of its assets be distributed to a governmental entity or other non-profit organization, or escheat to the
government of the NFE's country or territory of residence or any political subdivision thereof.
Explanation.- For the purpose of this sub-clause, the following shall be treated as fulfilling the criteria provided in the said sub-
clause, namely:(I) an investor Protection Fund referred to in clause (23EA);
(II) a Credit Guarantee Fund Trust for Small Industries referred to in clause 23EB;and
(III) an Investor Protection Fund referred to in clause (23EC),
of section 10 of the Act;

D. Related entity

An entity is a 'related entity' of another entity if either entity controls the other entity, or the two entities are under common control For this purpose,
control includes direct or indirect ownership of more than 50% of the votes and value in an entity.

E. Passive NFE

The term passive NFE means

(i) any non-financial entity which is not an active non-financial entity including a publicly traded corporation or related entity of a publicly traded
company; or (ii) an investment entity defined in clause (B.b.3) of these instructions
(iii) a withholding foreign partnership or withholding foreign trust;
(Note: Foreign persons having controlling interest in a passive NFE are liable to be reported for tax information compliance purposes)

F. Passive income

The term passive income includes income by way of.

a. Dividends,
b. Interest
c. Income equivalent to interest,
d. Rents and royalties, other than rents and royalties derived in the active conduct of a business conducted, at least in part, by employees
of the NFE
e. Annuities
f. The excess of gains over losses from the sale or exchange of financial assets that gives rise to passive income
g. The excess of gains over losses from transactions (including futures, forwards, options and similar transactions) in any financial assets,
h. The excess of foreign currency gains over foreign currency losses
i. Net income from swaps
j. Amounts received under cash value insurance contracts

But passive income will not include, in case of a non-financial entity that regularly acts as a dealer in financial assets, any income from any transaction
entered into in the ordinary course of such dealer's business as such a dealer.

23
 FATCA - CRS DECLARATION
FOR NON- INDIVIDUAL ENTITIES

For Office Use Only:

Cust ID: Account No.

Coustomer Details

(Please mention NA wherever deem fit / Please add additional sheet wherever required in bank's format only)

Date. D D M M Y Y Y Y

Name of Entity

Residence Address for Tax Purpose (✓Tick against one which is applicable)

Same as the address mentioned in Application form provided for Bank Record Type of the provided address(✓Tick against one which is applicable

Mailing Address Registered Address Residential Business Registered Office

Other (Provide detailed address below)

If Others provide your Residence Address for Tax Purpose in detail here

CITY

STATE

COUNTRY PIN/ZIP

For entities other than sole proprietor please fill Part B of this declaration on page 2

Part A: In case of Sole Proprietorship Entities

I was born in a country other than India NO Yes1

I am citizen / national / tax resident of any country outside India NO Yes1

1 If yes, for the above, please furnish details for section A, B & C:
Section A: Details of the proprietor
Name

City of Birth

Country of Birth

Nationality

Father's Namee
#(If PAN Card is not provided as an identity document of the proprietor)

Section B: Tax Residence Declaration

Please indicate ALL the country/countries in which the proprietor is a resident for tax purposes and the associated Tax ID Number below:

Country' Tax Identification Numbers (TIN)^ Identification Type^

(TIN or Other, please specify)

* To also include USA, where the individual is a citizen or a Green Card holder of USA
^ In case Tax Identification Number is not available, kindly provide functional equivalent. It is mandatory to supply a TIN or functional equivalent If the country in
which you are tax resident issues such identifiers. If no TIN is yet available or has not yet been issued, please provide an explanation and attach this to the form.

Section C: Identification (document submitted as proof of identity of the individual; tick whichever is applicable)

Passport Voters ID Card PAN Card Govt. ID card Driving License Aadhaar Card NREGA Job Card Others, Please specify

Identification Number

I have understood the information requirements of this Form (read along with the Instructions) and hereby confirm that the information provided by me on this
Form is true,correct, and complete. In case of any changes, I will inform the Bank within 30 days. I also confirm that I have read and understood the Terms and
Conditions and hereby accept the same.

Name Of Proprietor Signature and Stamp

Version No. 2 24
 Part B: In case of Entities other than Sole Proprietorship (Section A &B)

SECTION A:
If company is a publicly traded company, then please enter name(s) of the stock exchange(s) where it is listed:

AND/OR

If the captioned entity is a related entity of a publicly traded company, then please enter name of the listed company, and name(s) of name(s) of stock exchange(s)
where it is listed:

Nature of Relation Subsidiary of listed company Controlled by a listed company

SECTION B: (Response to all six particular/questions is mandatory)

Particulars Yes2 No
1 Does the entity have any income which is taxable outside India?
Yes2 No
2 Is the entity tax resident in any country/countries outside India?
2
Yes No
3 Are you a financial institution?
A A
Yes2 No
4 Does the entity have any beneficiary (direct or indirect) or controlling person who is citizen /
national / tax resident of or born in, any country outside India?

5 Does the entity have a legal presence/incorporated outside India? Yes2 No

2
6 Is the entity a passive NFE ?
E
Yes No
2
2 If yes for any one of the above fields/particulars, separate FATCA/CRS Annexure to be filled up. Otherwise, Beneficial ownership details as per the constitution &
bank's format, if applicable, to be provided.

I have understood the information requirements of this Form (read along with the FATCA-CRS Instructions) and hereby confirm that the information provided by me on this
Form is true, correct, and complete. In case of any changes, I will inform the Bank within 30 days.

Name of the Authorized Signatory* Signature of the Authorized Signatory*

* Authorized signatory means:
i) Company Secretary or Director or any person authorized as per the resolution of board to sign on any documents/declaration related to account opening
ii) Partner or designated partner or any person as authorized as per resolution/letter mentioned on Partnership/LLP declaration to sign on any documents/declaration
related to account opening
iii) Chairperson or secretary or any person as authorized as per resolution/ declaration to sign on any documents/declaration related to TASC account opening
iv) Any person as authorized as per resolution/ declaratio/ letler to sign on any documents/declaration related to account opening for other entities.

YES BANK has the discretion to reject the application of a/c opening in case it finds any discrepancy in above declaration either with internal or external sources.

Tems And Conditions

Ÿ The Central Board of Direct Taxes has notified Rules 114(F) to 114(H), as part of the Income-tax Rules, 1962, which require Indian financial institutions such as the Bank to seek additional personal, tax and beneficial
owner information and certain certifications and documentation from all our account holders. In relevant cases, information will have to be reported to tax authorities/ appointed agencies. We may also be required to provide
information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account or any proceeds in relation thereto.
Ÿ Should there be any change in any information provided by you, please ensure you advise its promptly, i.e., within 30 days.
Ÿ Please note that you may receive more than one request for information it you have multiple relationships with YES BANK Ltd. or its group entities. Therefore, it is important that you respond to our request; even if you
believe you have already supplied any previously requested information

Instructions- Sole Proprietor

Ÿ If you have any questions about your tax residency, please contact your tax advisor. If you are a US citizen or resident or Green Card holder, please include United States in the foreign
country information field along with your US Tax Identification Number.
Ÿ In case customer has the following Indicia pertaining to a foreign county and yet declares self to be non-tax resident in the respective country, customer to provide relevant Curing
Documents as mentioned below

FATCA/ CRS India observed (ticked) Documentation required for cure of FATCA/ CRS India
1. Self-certification that the account holder is neither a citizen of United States of America nor a resident for tax purposes;
2. Non-US passport or any non-US government issued document evidencing nationality or citizenship (refer list below);AND
U.S.place of birth 3. Any one of the following documents:
a. Certified Copy of 'Certificate of Loss of Nationality or
b. Reasonable explanation of why the customer does not have such a certificate despite renouncing US citizenship;
or Reason the customer did not obtain U.S. citizenship at birth

Residence/ mailing address in a country 1. Self-certification that the account holder is neither a citizen of United States of America nor a tax resident of any country other
than India; and
other than india 2. Documentary evidence (refer list below)

If no Indian telephone number is provided

1. Self-certification that the account holder is neither a citizen of United States of America nor a tax resident of any country other
than India; and
Telephone number in a country other 2. Documentary evidence (refer list below)
than India
If Indian telephone number is provided along with a foreign country telephone number
1. Self-certification that the account holder is neither a citizen of United States of America nor a tax resident for tax purposes of
any country other than India; OR
2. Documentary evidence (refer list below)

Standing instructions to transfer funds 1 Self-certification that the account holder is neither a citizen of United States of America nor a tax resident of any country other
to an account maintained in a country than India; and
2. Documentary evidence (refer list below)
other than India (other than depository
accounts)

List of acceptable documentary evidence needed to establish the residence(s) for tax purposes:
#
1. Certificate of residence issued by an authorized government body
#
2. Valid identification issued by an authorized government body (e.g. Passport National Identity card, etc.)
#
Government or agency thereof or a municipality of the country or territory in which the payee claims to be a resident

25
26
 SCHEDULE OF CHARGES FOR RESIDENTS, GLOBAL INDIANS & HUFs

Conditions: i.The value of shares and charges are calculated as per NSDL/CDSL formula and rates. ii. There will be a charge of ` 100 for dishonour of any cheque or unsuccessful attempt to recover payment through direct debit or ECS. The depository
services are liable to discontinuation if YES BANK is unable to recover charges from the customer, for any reason whatsoever. iii. Any service that is not indicated above will be charged separately as per the rates applicable from time to time. iv. YES BANK
reserves the right to revise the tariff structure from time to time, with a notice of 30 days. The notice maybe given by ordinary post or by an advertisement in a national daily.v.Annual Maintenance Charges are levied, in advance, fora period of one year at the
beginning of the billing cycle. If the Demat Account is dosed during the year, pro-rata refund of Annual Service Charge will be made. vi. Government levies /Taxes chargeable extra as per applicable rates.vii. Transaction charges will be payable monthly. viii. To
evaluate the eligibility of Basic Services DematAccounts (BSDA) thevalue of holding will be determined on a daily basis, as per the file sent by the NSDL. The AMC will be calculated at pro rata basis based on the value of holding of securities in the demat
account. ix. In case the demat acceunt with BSDA facility does not meet the listed eligibility criteria as per guidelines issued by SEBI or any such authority at any point of time, such BSDAaccounts will be converted to standard demat account without further
reference to respective customers and will be levied standard charges. x. Demat customers eligible for the BSDA facility need to register their mobile number for the SMS alert facility for debit instructions. A. Operating instructions of the joint accounts must be
signed by all the holders. of. All instructions for transfer must be received at the designated DP servicing branches of the YES BANK at least 24 hours before the execution.

I/We acknowledge the receipt of copy of the document , “Right and Obligations of the Beneficial Owner and Depository Participant” and copy of Demat Schedule of Charges.

Acknowledgement
Depository Services Address - YES BANK Tower, IFC 2, 7th Floor, Elphinstone (W), Senapati Bapat Marg, Mumbai- 400 013.
Reg. Off. Address - YES BANK Ltd., 9" Floor, Nehru Centre, Discovery of India Building, Dr. A.B Road, Worli, Mumbai- 400 018.
DP ID - IN303270 DP Name - YES BANK LTD.

Received the application from Mr/Ms as the sole/first holder alongwith

and as the second and third holders respectively for

opening of a depository account. Please quote the DP ID & Client ID allotted to you in all yourfuture correspondence.

Date: Participant Stamp & Signature

27
 KNOW YOUR CLIENT (KYC) FORM
For Non-Individuals

INSTRUCTIONS / CHECK LIST FOR FILLING KYC FORM

A. IMPORTANT POINTS 7. For FII/ sub account, Power of Attorney given by FII/ sub-account to the
1. Self attested copy of PAN card is mandatory for all clients. Custodians (which are duly notarized and/or apostiled or consularised)
2. Copies of all the documents submitted by the applicant should be self- that gives the registered address should be taken.
attested and accompanied by originals for verification. In case the original 8. The proof of address in the name of the spouse maybe accepted.
of any document is not produced for verification, then the copies should be D. Exemptions/clarifications to PAN
properly attested by entities authorized for attesting the documents, as (*Sufficient documentary evidence in support of such claims to be
per the below mentioned list. collected.)
3. If any proof of identity or address is in a foreign language, then translation 1. In case of transactions undertaken on behalf of Central Government
into English is required. and/or State Government and by officials appointed by Courts
4. Name & address of the applicant mentioned on the KYC form, should e.g. Official liquidator, Court receiver etc.
match with the documentary proof submitted. 2. Investors residing in the state of Sikkim.
5. If correspondence & permanent address are different, then proofs for both 3. UN entities/multilateral agencies exempt from paying taxes/filing tax
have to be submitted. returns in India.
6. Sole proprietor must make the application in his individual name & 4. SIP of Mutual Funds upto Rs 50,000/- p.a.
capacity. 5. In case of institutional clients, namely, Flls, MFs, VCFs, FVCIs,
7. For non-residents and foreign nationals,(allowed to trade subject to RBI Scheduled Commercial Banks, Multilateral and Bilateral Development
and FEMA guidelines), copy of passport/PIOCard/OCI Card and Financial Institutions, State Industrial Development Corporations,
overseas address proof is mandatory. Insurance Companies registered with IRDA and Public Financial
8. For foreign entities, CIN is optional; and in the absence of DIN no. for the Institution as defined under section 4A of the Companies Act, 1956,
directors, their passport copy should be given Custodians shall verify the PAN card details with the original PAN card
9. In case of Merchant Navy NRI's, Mariner's declaration or certified copy of and provide duly certified copies of such verified PAN details to the
CDC (Continuous Discharge Certificate) is to be submitted intermediary.
10. For opening a minor's account with Depository Participant or Mutual E. List of people authorized to attest the documents:
Fund, photocopy of the School Leaving Certificate/Mark sheet issued by| 1. Notary Public, Gazetted Officer Manager of a Scheduled Commercial/
Higher Secondary Board/Passport of Minor/Birth Certificate must be Co-operative Bank or Multinational Foreign Banks (Name, Designation &
provided. Seal should be affixed on the copy).
11. Politically Exposed Persons (PEP) are defined as individuals who are or 2. In case of NRIs, authorized officials of overseas branches of Scheduled
have been entrusted with prominent public functions in a foreign country, Commercial Banks registered in India, Notary Public, Court
e.g., Heads of States or of Governments, senior politicians, senior Magistrate, Judge, Indian Embassy/Consulate General in the
Government/judicial/military officers, senior executives of state owned country where the client resides are permitted to attest the documents.
corporations, important political party officials, etc. F In case of Non-Individuals, additional documents tp be obtained from
B. Proof of Identity( P0I): List of documents admissible as Proof of Identity: non-individuals, over & above the POA & POA , as mentioned below;
1. PAN card with photograph. This is a mandatory requirement for all
applicants except those who are specifically exempt from obtaining PAN
(listed in Section D).
2. Unique Identification Number (UID) (Aadhaar) / Passport / Voter ID card
Driving license.
3. Identity card/ document with applicant's Photo, issued by any of the
following:
Central/State Government and its Departments, Statutory / Regulatory
Authorities, Public Sector Undertakings, Scheduled Commercial Banks,
Public Financial Institutions, Colleges affiliated to Universities,
Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc., to their
Members; and Credit cards/Debit cards issued by Banks.
C. Proof of Address (POA): List of documents admissible as C. Proof of
Address (POA): List of documents admissible as Proof of Address:
(*Documents having an expiry date should be valid on the date of
submission.)
1. Passport/Voters Identity Card/Ration Card/ Registered Lease or Sale
Agreement of Residence/Driving License/ Flat Maintenance
bill/Insurance Copy.
2. Utility bills like Telephone Bill (only land line), Electricity bill or Gas bill Not
more than 3 months old.
3. Bank Account Statement/Passbook- Not more than 3 months old.
4. Self-declaration by High Court and Supreme Court judges, giving the
new address in respect of their own accounts.
5. Proof of address issued by any of the following: Bank Managers of
Scheduled Commercial Banks/Scheduled Co-Operative
Bank/Multinational Foreign Banks/Gazetted Officer/Notary public/Elected
representatives to the Legislative Assembly/Parliament/Documents
issued by any Govt. or Statutory Authority.
6. Identity card/document with address, issued by any of the following:
Central/State Government and its Departments, Statutory/Regulatory
Authorities, Public Sector Undertakings, Scheduled Commercial Banks,
Public Financial Institutions, Colleges affiliated to Universities and
Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc., to their
Members.

28
 INSTRUCTIONS / CHECK LIST FOR FILLING KYC FORM

Types of entity Documentary Requirements

Ÿ Copy of the balance sheets for the last 2 financial years (to be submitted every year).
Ÿ Copy of latest share holding pattern including list of all those holding control, either.
Ÿ Directly or indirectly, in the company in terms of SEBI takeover Regulations, duly certified by the company
Corporate secretary/Whole time director/MD (to be submitted every year).
Ÿ Photograph, POI, POA, PAN and DIN numbers of whole time directors/two directors in charge of day to day operations.
Ÿ Photograph, POI, POA, PAN of individual promoters holding control - either directly or indirectly.
Ÿ Copies of the Memorandum and Articles of Association and certificate of incorporation.
Ÿ Copy of the Board Resolution for investment in securities market.
Ÿ Authorised signatories list with specimen signatures.
Ÿ If shareholding Pattern more than 15% then UBO KYC is require.

Ÿ Copy of the balance sheets for the last 2 financial years (to be submitted every year).
Partnership Firm Ÿ Certificate of registration (for registered partnership firms only).
Ÿ Copy of partnership deed.
Ÿ Authorised signatories list with specimen signatures.
Ÿ Photograph, POI, POA, PAN of Partners

Ÿ Copy of the balance sheets for the last 2 financial years (to be submitted every year).
Trust Ÿ Certificate of registration (for registered trust only).
Ÿ Copy of Trust deed.
Ÿ List of trustees certified by managing trustees/CA.
Ÿ Photograph, POI, POA, PAN of Trustees.

HUF Ÿ PAN of HUF.

Ÿ Deed of declaration of HUF/ List of coparceners.
Ÿ Bank pass-book/bank statement in the name of HUF.
Ÿ Photograph, POI, POA, PAN of Karta.
Unincorporated
association or a Ÿ Proof of Existence/Constitution document.
body of individuals Ÿ Resolution of the managing body & Power of Attorney granted to transact business
Ÿ on its behalf.
Ÿ Authorized signatories list with specimen signatures.
Banks/Instituional
Investors Ÿ Copy of the constitution/registration or annual report/balance sheet for the
Ÿ last 2 financial years.
Ÿ Authorized signatories list with specimen signatures.
Ÿ
Foreign
Ÿ Copy of SEBI registration certificate.
Institutional
Ÿ Authorized signatories list with specimen signatures.
Investor (FII)
Army/ Government
Bodies Ÿ Self-certification on letterhead.
Ÿ Authorized signatories list with specimen signatures.

Registered Society Ÿ Copy of Registration Certificate under Societies Registration Act.

Ÿ List of Managing Committee members.
Ÿ Committee resolution for persons authorised to act as authorised signatories with
specimen signatures.
Ÿ True copy of Society Rules and Bye Laws certified by the Chairman/Secretary.

* All documents should be self-attested and verify with original ( IPV).

important:
1.Sign in the place provided for "Signature of Authorised Signatory" within the box "For Office USE Only" on the KYC Form and
2.Affix the IPV stamp along-with the signature on the relevant supporting documents pertaining to Proof of Identity & Proof of Address.
3.Separate Account Opening Form shall be used for opening trading account of NRI, HUF, Partnership Firm and Unregistered Trust.
INSTRUCTIONS / CHECK LIST
1. Additional documents in case of trading in derivatives segments - illustrative list:
Copy of ITR Acknowledgement Copy of Annual Accounts
In case of salary income - Salary Slip, Copy of Form 16 Net worth certificate
Copy of demat account holding statement. Bank account statement for last 6 months
Any other relevant documents substantiating ownership of assets. Self declaration with relevant supporting documents.
*In respect of other clients, documents as per risk management policy of the stock broker need to be provided by the client from time to time.
2. Copy of cancelled cheque leaf/ pass book/bank statement specifying name of the constituent, MICR Code or/and IFSC Code of the bank should be submitted.
3. Demat master or recent holding statement issued by DP bearing name of the client.
4. For individuals:
a. Stock broker has an option of doing 'in-person' verification through web camera at the branch office of the stock broker/sub-broker's office.
b. In case of non-resident clients, employees at the stock broker's local office, overseas can do in-person' verification. Further, considering the infeasibility of
carrying out 'In-person' verification of the non-resident clients by the stock broker's staff, attestation of KYC documents by Notary Public, Court, Magistrate,
Judge, Local Banker, Indian Embassy / Consulate General in the country where the client resides may be permitted.
5. For non-individuals:
a. Form need to be initialized by all the authorized signatories.
b. Copy of Board Resolution or declaration (on the letterhead) naming the persons authorized to deal in securities on behalf of company/firm/others and
their specimen signatures.

29
YES Securities (India) Limited (hereinafter referred to as YSL), member of 15. In the event of termination of this arrangement, the client shall forthwith settle
National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) is eligible the dues of the YSL. YSL shall be entitled to immediately adjust the Margin
to provide Margin Trading Facility (MTF) in NSE and BSE to its clients in Amount against the dues of the client, and the client hereby authorizes the
accordance with prescribed guidelines, rules and circulars issued by SEBI / Stock YSL to make such adjustment.
Exchanges from time to time. The Rights & Obligations / Terms & Conditions for
MTF prescribed hereunder form a part of account opening form, shall be read in 16. After such adjustment, if any further amount is due from the client to the YSL,
conjunction with the rights and obligations as prescribed under SEBI circular no. the client shall settle the same forthwith. Upon full settlement of all the dues of
CIR/ MIRSD/ 16/ 2011 dated August 22, 2011, SEBI Circular No. the client to YSL, YSL shall release the balance amount to the client.
CIR/MRD/DP/54/2017 Dated June 13, 2017 and the Rules, Regulations, Bye
laws, Rights and Obligations, Guidelines, circulars issued by respective Stock 17. If the client opts to terminate the margin trading facility, YSL shall forthwith
Exchanges from time to time. By accepting the same ,the client hereby return to the client all the collaterals provided and funded securities retained
acknowledges that he/she is aware and will abide the rights and on payment of all the dues by clients.
obligations,rules,regulations and guidelines relating to Margin Trading Facility as
specified by the regulators and mentioned below which is indicative and not the 18. YSL will not use the funds of one client to provide MTF to another client, even if
exhaustive list. the same is authorized by the first client.

A. The Client undertakes, authorizes, confirms and agrees to/that: 19. Any disputes arising between the client and YSL in connection with the margin
trading facility shall have the same treatment as normal trades and should be
1. Avail MTF in accordance with the terms and conditions of MTF offered by YSL. covered under the investor grievance redressal mechanism, arbitration
mechanism of the stock exchange. However, any losses suffered in
2. YSL at all times shall have the liberty to exercise its right in its sole discretion to connection with the margin trading facility availed by the client from YSL shall
determine the extent to which the MTF to be made available to the Client. not be covered under IPF.

3. The Initial Margin payable shall be in the form of cash, cash equivalent, or 20. Client agrees to pay Interest at the rate as applicable. (plus taxes, if any
Group I Equity securities with appropriate hair cut. applicable) on debit arising out of the exposure availed by the client (i.e. the
amount financed by YSL), compounded monthly and any changes as mutually
4. If the transaction is entered under MTF, there will not be any further agreed from time to time. GST will be levied on interest for Margin Trading
confirmation that it is margin trading transaction other than contract note Facility, if applicable as per prevalent regulatory norms.

5. YSL shall have discretion to allocate available securities/funds as collateral 21. Eligible Securities & Margin Required for MTF:
against MTF. Securities specified under “MTF Approved Category List” by YSL from time to
time which must be a part of 'Group I security' as per Exchanges /SEBI shall be
6. YSL shall not be bound to grant MTF to the Client (which decision shall be at eligible for MTF. YSL reserves the right to include or exclude any Securities
the sole and exclusive discretion of YSL) and YSL shall not be required to from its “MTF Approved Category List” as per the Risk Management policy .
provide any reasons thereof nor shall YSL be liable for any damages (whether
direct or consequential or whether financial or non-financial) to the Client by The client shall deposit the following initial margin, in order to avail MTF:
reason of YSL's refusal to grant MTF to the Client.

7. Client includes Individual, Company, Partnership Firm, Trust, Hindu Undivided

Family, Association of Persons and Body of Individuals etc.

8. The terms / conditions / Obligations of the Client as amended from time to time
shall be irrevocable and shall not be revoked by the death/dissolution/ winding
up of the Client. 22. Rights of the Client
1. Client shall receive all communications in a mode mutually agreed between
9. YSL to retain and / or pledge the securities and its corporate benefits, if any, YSL and the client regarding confirmation of orders/trades, margin calls,
with YSL utilized for availing MTF till the amount due in respect of the said decision to liquidate the position / security.
transaction including the dues to YSL is paid in full by the Client.
2. Free to take the delivery of the securities at any time from its MTF account to
10. YSL to hold and / or to appropriate the credit lying in the Client account and/or normal trading account by repaying the amount that was paid by YSL to the
any unutilized/ unpledged shares/ securities lying in demat account along with Exchange towards securities after paying all dues.
all other demat accounts / Mutual Funds / IPO account of the Client towards
the repayment of the outstanding dues thereof under MTF. 3. May change the securities collateral offered for MTF at any time so long as the
securities so offered are approved for MTF by YSL.
11. Treat the securities available in demat account/s linked to the trading account
of the Client as margin towards the MTF availed. 4. Client may close / terminate the Margin Trading Account at any time after
paying the dues
12. YSL shall provide MTF only in respect of such shares, as may be permitted by
Stock Exchange/ SEBI. 23. Obligations of the Client
1. Client shall, in writing in his own hand or in any irrefutable electronic method,
13. The margin trading arrangement between the YSL and the client shall be agree to avail of MTF in accordance with the terms and conditions of MTF
terminated; if the Stock Exchange, for any reason, withdraws the margin offered by YSL, method of communication for confirmation of orders/trades,
trading facility provided to YSL or YSL surrenders the facility or the YSL ceases margin calls and calls for liquidation of collateral/security/position.
to be a member of the stock exchange.
2. Client shall inform YSL of its intent to shift the identified transaction under MTF
14. The MTF facility may be withdrawn by YSL, in the event of client committing within the time lines specified by YSL failing which the transaction will be
any breach of any terms or conditions therein or at anytime after due intimation treated under the normal trading facility
to client allowing such time to liquidate the MTF position as per the agreed
liquidation terms without assigning any reason. Similarly, client may opt to 3. Client shall place the margin amounts as YSL may specify to the client from
terminate the margin trading facility in the event of YSL committing any breach time to time.
of any terms or conditions therein or for any other reason.

30
4. On receipt of 'margin call', the client shall make good such deficiency in the 1. Accept all types communications including consent to the Terms and
amount of margin placed with the YSL within such time as the YSL may specify. Conditions, order / trade confirmation, revision in margin, margin calls /
decision to liquidate the position / security / collateral, Margin statements,
5. By agreeing to avail MTF with YSL, client is deemed to have authorized YSL to margin policies on hair-cuts / VAR margin, Risk management policies, Rights
retain and/or pledge the securities provided as collateral or purchased under & obligations, allowable exposure, specific Security exposure etc herein
the MTF till the amount due in respect of the said transaction including the through email / SMS from/to his email id / mobile number registered with YSL
dues to YSL is paid in full by the client. or by online mode by logging-in on the website of YSL in a secured manner or
by physical mode, based on client's preference.
6. Client shall lodge protest or disagreement with any transaction done under the
margin trading facility within the timelines as may be agreed between the client 2. Any communication done with any of the aforesaid means shall be deemed to
and YSL. have been received by the client.

24. Rights of YSL I have read and understood the above terms and hereby give my consent to abide
1. YSL and client may agree between themselves the terms and condition the same and to enable the Margin Trading Facility in my trading account.
including commercial terms if any before commencement of MTF.

2. YSL may set up its own risk management policy that will be applicable to the
transactions done under the MTF. YSL may make amendments there to at any
time but give effect to such policy after the amendments are duly
communicated to the clients registered under the MTF.

3. YSL has a right to retain and/or pledge the securities provided as collateral or
the securities bought by the client under the MTF.

4. YSL may liquidate the securities if the client fails to meet the margin call made
by YSL as mutually agreed of liquidation terms but not exceeding 5 working
days from the day of margin call. However, YSL, as per its Policies and
Procedures, as agreed between YSL and the client at the time of account
opening and any subsequent changes thereof (which are updated on the
website from time to time), has the right to sell client's securities or close
client's position, without giving any notice to the client in case when market is
volatile and/or there are losses in the client's which are not paid by the client
with immediate effect. YSL being a web based broker, disseminates all risk
related information real time & online and all clients are bound to log in to their
trading account and keep themselves updated about their positions and
margin requirements made available on real time basis.

25. Obligations of YSL

1. Any transaction to be considered for exposure to MTF shall be determined as
per the policy of YSL provided that such determination shall happen not later
than T + 1 day. In case the determination happens after the issuance of
contract, YSL shall issue appropriate records to communicate to Client the
change in status of transaction from Normal to Margin trading and should
include information like the original contract number and the margin statement
and the changed data.

2. Margin Trading Accounts where there were no transactions for 90 days shall
be settled immediately.
3. If securities are liquidated due to ‘margin call’, the contract note issued for such
margin call related transactions shall carry an asterisk or identifier that the
transaction has arisen out of margin call.

4. The stocks deposited as collateral with YSL for availing margin trading facility
(Collaterals) and the stocks purchased under the margin trading facility
(Funded stocks) shall be identifiable separately and there shall not be any
comingling for the purpose of computing funding amount

26.Mode of Communication

Date:
Place:

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Authorised Signatory

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 Form Maker (BSP / Officer & Above)

Form Checker (BSL / BBL / Sr. Officer & Above)

1. YES Securities (India) Ltd. Tariff Sheet (Part A - Page No. 8-27)
2. Rights & Obligation Document (Part B - Page No. 1-12)
3. Risk Disclosure Document (Part B - Page No. 13-18)
4. Guidance note (Part B - Page No. 18-23)
5. Policies and Procedures (Part B - Page No. 23-29)
6. Voluntary Clauses (additional clauses otherthan specified by SEBI.) (Part C - Page No. 30-74)
7. Right and Obligations of Beneficial Owner and Depository (Part D Page No.76-77)

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Ver.2.NI.Dec.2019