Is PAN Card Necessary for Stock Trading?

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It is pertinent to mention here that PAN card is mandatory for all those who want to hold the stocks as one will be required to have a demat account; however one can trade intraday without opening a Demat account and thus PAN card can be dispensed in such scenario. However it is upto your broker terms and conditions or KYC norms which may be required to be settled to start trading.

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