At the time of account opening, you are asking for a cancelled cheque leaf. Why do you need this?

A cancelled cheque leaf means an original cheque leaf with ‘cancelled’ written across it. As an online investment service, we have to make sure that the bank account with which you’ve registered with us is in your name. To do this, we require a cancelled cheque leaf with your name pre-printed on it. If your name does not appear on the cheque leaf, then you will have to send us your cancelled cheque leaf along with one of the following documents: - A self-attested copy of your bank statement (from one of last three months) - A self-attested copy of your bank passbook with some recent transaction entries Alternatively, you may use the on screen e-verification process while registering with us to verify your bank information. All you need to do is while making your first investment, you will be guided to a screen to either upload a cheque leaf or e - verify your bank account (limited to 20 banks) and you may have to follow the instructions and verify your bank account. In this case we may not require your cheque leaf copy as we will gather the same while you are e-verifying. If you do not have your bank listed then we would require the hard copy of the cheque as per the above guidelines. This procedure is important to protect the sanctity of all online transactions done through us. Given the importance of this detail, we feel it would be unwise of us to compromise on this request, and accept any other alternatives.