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Customer Onboarding- Domestic Customer

We look forward to seeing you as a customer. The next step will be to open a brokerage account and get some papers signed for us become your advisors and help you in execution.

Step 1: Whatsapp Group for Appointment

  1. A Whatsapp group post onboarding email will be created to start the onboarding.

  2. The group will have reps from our broker Phillips capital and us.

  3. Santosh/Umesh from Phillips Capital (sales/wealth rep at our broker) will ping you to seek an appointment to help you fill the e-Kyc checklist.

  4. They will seek an appointment post office hrs on weekdays and regular hrs on weekends.

  5. Don’t fill the e-kyc without their help.

Step 2: E-KYC

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Documents Required before filling E-kyc form:

  1. Passport Size photo

  2. Proof of Identity required: PAN card

  3. Proof of Address required: Adhaar card

  4. Bank Details: A copy of the personalized cheque and bank IFSC code. This account will be connected to your DMAT account. So ensure, this account is digitally active and you can do NEFT/RTGS. The personalized cheque should have your address. If cheque is not personalized, keep an account statement that has your address.

  5. Signature: Keep a paper with your signature on it. Will need an image of the signature.

Fill the e-Kyc:

  1. Refer link: https://ekyc.phillipcapital.in/ekyc. It will take 10-15 mins.

  2. Santosh/Umesh from Phillips Capital (sales/wealth rep at our broker) will call you and help you fill a e-Kyc checklist. Don’t fill the ekyc without their help.

  3. Important: For ease, keep your permanent and correspondence address the same. We interact only digitally.

  4. One has to use his/her own or a joint bank account.

  5. Please make sure that the bank account connected is digitally active i.e. you can do a NEFT/RTGS of the sum from that account.

  6. If the bank account is not digitally active, funds will have to be transferred into the brokerage account via a cheque.

  7. The e-Kyc portal will issue you a login/password for filling in parts and come back to the form at a later time to review and submit.

Step 3: Physical Signature of Forms

  1. Once you are done with the e-Kyc send us a signed scan of the forms mentioned below. 

  2. Please email these filled docs to: sraval@phillipcapital.in, anubhav@prescientcap.com, standon@phillipcapital.in, ushah@phillipcapital.in, and sonal@prescientcap.com.

  3. Once you have sent these docs, Santosh from Phillips will review them and confirm.

  4. The forms also need to be couriered to Santosh at the address given below:

    PhillipCapital (India) Private Limited

    No. 1, 18th Floor, Urmi Estate,

    95 Ganpatrao Kadam Marg,

    Lower Parel West, Mumbai 400013

    Tel: +9122 6655 1235/1245 (D)

    Mob: +91 9930148231 

Form Name Description Download Blank Download Sample
Nomination Form Please nominate anyone in your family. Physically fill the form. Sign it. Send PAN AND/OR ADHAR of the nominee to us/Phillips. Download Download
Declaration for e-sign and kyc Sign it and send a scan back to us/Phillips Download Download
NACH SEBI mandates brokers to transfer back the cash portion of the investment corpus into a client's bank account on a quarterly basis. This can cause undue hassle in the investing process and also to you. The NACH form helps the broker access your account and transfer the exact amount back into your account. Request you to kindly fill the same by adding:
  • Bank A/c no of the account shared with Phillips
  • Bank Name
  • IFSC or MICR code
  • Phone No
  • Email ID
  • Sign on both the pages. Also, pls make sure the signatures match those given to the bank.
Download Download
Declaration for adding email id Sign the declaration for adding my email id as a secondary email id for receiving and maintaining contract notes and MIS. Download Download
Declaration for Mutual funds Sign the declaration for us to keep surplus liquid funds in overnite Mutual funds. This is an undertaking from your side that you understand the risk of investing in mutual funds. We keep the liquid capital parked in overnite funds with RBI. Download Download
POA to Broker Limited POA signed with the broker to be able to access your DEMAT account and be able to sell on your instructions This is a standard doc required by all digital brokers. Download Download
Authorization to Prescient Capital Sign the attached authorization document to authorize us at Prescient Capital to help you in execution of trades with Phillips Capital. This way you do not have to authorize daily trades. You can keep the account ID blank. We will fill it when the account opens. Download Download

Nomination Form

Please nominate anyone in your family. Physically fill the form. Sign it. Send PAN AND/OR ADHAR of the nominee to us/Phillips.

Download Blank Download Sample

Declaration for e-sign and kyc

Sign it and send a scan back to us/Phillips

Download Blank Download Sample

NACH

SEBI mandates brokers to transfer back the cash portion of the investment corpus into a client's bank account on a quarterly basis. This can cause undue hassle in the investing process and also to you. The NACH form helps the broker access your account and transfer the exact amount back into your account. Request you to kindly fill the same by adding:

  • Bank A/c no of the account shared with Phillips
  • Bank Name
  • IFSC or MICR code
  • Phone No
  • Email ID
  • Sign on both the pages. Also, pls make sure the signatures match those given to the bank.

Download Blank Download Sample

Declaration for adding email id

Sign the declaration for adding my email id as a secondary email id for receiving and maintaining contract notes and MIS.

Download Blank Download Sample

Declaration for Mutual funds

Sign the declaration for us to keep surplus liquid funds in overnite Mutual funds. This is an undertaking from your side that you understand the risk of investing in mutual funds. We keep the liquid capital parked in overnite funds with RBI.

Download Blank Download Sample

POA to Broker

Limited POA signed with the broker to be able to access your DEMAT account and be able to sell on your instructions This is a standard doc required by all digital brokers.

Download Blank Download Sample

Authorization to Prescient Capital

Sign the attached authorization document to authorize us at Prescient Capital to help you in execution of trades with Phillips Capital. This way you do not have to authorize daily trades. You can keep the account ID blank. We will fill it when the account opens.

Download Blank Download Sample

 Step 4: Call Verification

  1. Phillips will conduct a verification call to check if all details filled/provided by you are in order

  2. This call will be during working hours.

  3. Someone from Phillips will also call you from a Mumbai landline (022) to verify. You cannot call back on this.

  4. In case you miss the call, you or Phillip Capital can communicate on Whatsapp to find a convenient slot.

Step 5: Wiring

You can wire a token amount to add Phillips as a payee. Please find “Attached” the details of Phillip Capital’s bank A/cs to which you will have to transfer your investment corpus. Please follow the steps below:

  1. There is an ICICI and an HDFC bank A/c. You can transfer money to whichever one is convenient for you. 

  2. Please do the fund transfer from the same bank A/c whose cancelled cheque you would have shared.

  3. Initially please NEFT a token amount of INR 1,000 to the broker bank A/c and share a screenshot once the NEFT is done.

  4. We will check with the broker and then confirm with you that the amount has been successfully credited.

  5. Then transfer the balance investment corpus and again share a screenshot of the successful NEFT. We will again confirm with you once it is credited.

  6. This 2 step process is just a safety check to ensure there are no issues with the transfer process.