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What does in-person verification involve, and why is it necessary?

According to SEBI's regulations, In-Person Verification (IPV) is a process in which the broker validates the client and his documentation in person. This procedure must be followed by all brokers for all clients. Before opening a Trading and DEMAT Account, every client must complete the IPV.

Your webcam or phone camera will automatically turn on and record a brief video in real-time. In the video, you will be required to show yourself holding your Pan card and aadhar card and speak out your name.