Multiple choice

As per the guidelines issued by SEBI, Permanent Account Number (PAN) is a must for which of the following?

  1. Demat accounts

  2. All saving accounts

  3. All housing loan accounts

  4. All current accounts

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

SEBI has made the Permanent Account Number (PAN) mandatory for all investors participating in the securities market, which includes the opening of Demat accounts.