You can submit ANY ONE of the following documents as income proof to trade in F&O.

• Bank statement of last 6 months
• Salary slip of last 3 months
• Salary certificate of last 3 months
• ITR of the latest financial year
• Demat Holding Statement of last 3 months
• Form 16 (Part A or B) of the most recent tax year
• Latest Net Worth Certificate

Please ensure the document you submit follows the eligibility criteria mentioned below:

1. Bank Statement:

• Should be for the last 6 months
• At least one transaction should be above ₹1000
• Bank account number and bank name should be visible on the bank statement
• Overdraft bank accounts can be accepted as income proof with positive opening balance
• Bank account category should be savings or current account. Current account should be on individual applicant name only
• Bank statement should have the name of person who is opening the account

2. Salary Slip:

• One salary slip from the last 3 months
• Salary slip should be issued on the name of the person who is opening the account or has an account with Upstox
• Company's name should be printed on it
• Net or gross salary should be ₹1000 or above

3. Salary Certificate:

• Should be on the company's letter head
• Should be of the last 3 months
• Calculation of salary should be visible
• Certificate should be issued on the name of the person who is opening the account or has an account with Upstox

4. Income Tax Returns:

• ITR of the latest financial year
• Name should be clearly visible and should be the same as the registered name with Upstox
• ITR of the latest financial year OR Assessment year can be accepted as income proof
• PAN, computation and acknowledgement number should be available in the submitted proof

5. Demat Holding Statement:

• Name on the DP holding statement should be clearly visible and should be the same as the registered name on Upstox
• DP holding statement must be of the last 3 months
• Holding value should be above ₹1000 (irrespective of the broker)
• The company logo/stamp should be clearly visible

6. Form 16:

• Name and PAN of the employee and employers should be clearly visible
• The name and PAN of the employer/deductor should be clearly visible
• Form 16 should be the latest financial year OR assessment year
• Computation, authorised signature and acknowledgement on Form 16 are mandatory

7. Networth Certificate:

• Should be of the latest net worth (not older than 6 months)
• Should contain applicant’s name
• Stamp and signature of person authorising the certificate

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Note: The income proof file should be in PDF format and under 5 MB in size.