SCSL Account Type

　　SCSL (Sakarwala Securities) offers various types of accounts for traders looking to invest in the financial markets. The primary account type available is the Standard Trading Account, which allows clients to trade stocks, commodities, and other financial instruments. To open an account, clients must meet a minimum deposit requirement of PKR 100,000. Other features include access to real-time market data, research reports, and dedicated support from equity analysts.

SCSL Broker Account Opening Process

　　Opening a broker account with SCSL involves several steps:

• Eligibility Requirements:
• Minimum deposit of PKR 100,000 for trading.
• Valid CNIC (Computerized National Identity Card) image (front and back).
• Proof of IBAN (image of cheque instrument).
• Mobile number registered under the applicant's name.
• Proof of income source (e.g., bank statement and pay slip for employment or letterhead and tax return for business).
• Proof of address (e.g., utility bill).
• Account Opening Procedure:
• Fill out the account opening form either digitally or manually.
• For digital submission, download the form, fill it out, and email it to SCSL.
• For manual submission, print the form, sign it, and send it to SCSL's office.
• Complete biometric verification at any SCSL branch or NCCPL for each account holder (exempt for overseas clients).
• Provide additional documents as required, such as a cross investment cheque made out to "Standard Capital Securities Pvt Ltd."
• Post-Submission:
• After submitting the required documents and completing the verification, clients will receive confirmation regarding their account activation.
• Clients can then access the online trading platform and begin trading.

　　For more details, clients can visit the SCSL website or contact their support team.