The account of the Guardian may open the account
Sebi This FAQ It has been said that if a disabled person cannot sign himself, then the account can be opened with the signature of his guardian. However, guardian and Divyang are applied KYC The rules have to be followed. Such a person can be provided with the facility of online or digital keys. This means that if a disabled client requests online or digital KYC, then intermediate will have to provide video capturing facility in live environment.
During KYC, you have to give the option to blink the eyes
FAQ also states that if the disabled person does not blink the eyes for the verification of his own being alive during the video KYC, then the intermediate can also use other parameters. In this, methods such as facial expressions, head shaking, clearly showing client OTP on screen, real time video recording and copy of documents on screen can be used.
E-signature on documents will be accepted by the thumb impression
SEBI has also said that Know Your Client (KYC) verification will be done on behalf of intermediates during the account -based relationship. This circular of market regulator will apply only to matters of disabled people. Intermediates will have to depend on the KYC information downloaded from the Central KYC Registry. For this, the consent of a disabled person is necessary. If the e-signature is done with all the documents on the page, then the thumb impression of the investor can also be accepted.
Also read: SEBI board will meet on June 18, these decisions will also affect retail investors
SEBI issued FAQ on the order of Supreme Court
SEBI has issued this FAQ after the Supreme Court’s decision. The Supreme Court gave this decision on April 30, 2025. It was asked to take necessary measures to ensure the access to financial services. The order of the Supreme Court meant that Divyang people should get digital keysa facility.
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