Account Opening Form Instructions
Open an account with Taurus without even physically appearing at our office with a minimum initial balance of Rs 10,000/-, which can be in the form of cheque, shares or combination of both. You must have the following:
- Valid CNIC/NICOP/ Passport
- Valid PKR Bank Account
- Email Address
- Cell Number
Non-residents kindly click on the RDA Button on Home Page for guidance
Steps for Account Opening
Please follow the instructions to successfully complete Online Account Opening Procedure.
- Download Account Opening Form, KYC Form, Signature Card and Required Documents from http://www.taurusonlinetrade.com/
- Print the documents.
- After filling out the forms, please print, sign (As per CNIC) and send to:
- ALSO FOR YOUR CONVENIENCE FILLABLE FORMS BELOW – CRF and KYC (Copy and paste into your browser or click)
Customer Care
Taurus Securities Limited
Suite 604, 6th Floor Progressive Plaza
Beaumont Road
Karachi 75530
Pakistan
- Biometric Verification is required for each Account Holder. The applicant must visit any of the branches of Taurus Securities or NCCPL for this process.
- For biometric verification, mobile SIM should be on the name of Main Applicant / Joint Applicant.
- For the clients located overseas Biometric Verification is exempted.
- If you need help with filling in, kindly Email Customer Care at csonline@taurus.com.pk or call (021) 111–Taurus (111– 828-787) Ext. 220 or Direct: (0213) 7240151 & (0213) 5684228
Documents Required:
- Photocopies of CNIC/NICOP of the Applicant
- Photocopies of CNIC/NICOP of the Joint Account Holder or Nominee (whichever is applicable)
- Zakat Declaration (Optional)
- Photocopies of CNICs of 2 male witnesses non-family members
- Cheque / Pay Order / Physical Shares / List of CDC Shares.
You may download the forms and the commission structure from the above links - Meet Us !
- Zakat Form stamp paper Rs 50 minimum
In-person at Our Branch Offices or
Book a Meeting on the Phone
- For any further queries regarding account opening procedures, please feel free to contact Customer Care at csonline@taurus.com.pk or call (021) 111–Taurus (111– 828-787) Ext. 220 or Direct: (0213) 7240151 & (0213) 5684228
Please Note: A minimum balance of Rs 5,000/- must be maintained at all times.
However, any Taurus Online account-holder desirous of closing their account or withdrawing his/her full account balance, will be required to produce a Tax Clearance Certificate as per the CGT Rules and Regulations.
Customer Relationship Form (CRF)
Please make sure that all the fields of the New Standardized Customer Relationship Form (CRF) are properly filled as per the following instructions:
Section A:
REGISTRATION AND OTHER DETAILS OF MAIN APPLICANT
- The Name of the Main Applicant should be as per his/her CNIC/NICOP/Passport (kindly write the name exactly as shown on the identity document)
- Permanent Address is mandatory and should not be any Business Address.
- If the Mailing (Residential) Addressis same as Permanent Address, you may write “Same as above” in the Mailing Address.
- If Mailing Address is DIFFERENT from on your identity document, KINDLY PROVIDE PROOF OF MAILING ADDRESS (Scan and email or enclose a photocopy of a Utility Bill, Credit Card Bill, Phone Bill, Bank Statement or any other document showing residential address)
- Mention the Expiry Dates of the CNIC/NICOP/Passport.
- Contact Person should only be the Main Applicant or Joint Applicant
Section B:
REGISTRATION AND OTHER DETAILS OF JOINT APPLICANT
- The Name of the Joint Applicant should be as per his/her CNIC/NICOP/Passport.
- Permanent Address is mandatory and should not be any Business Address.
- Mention the Expiry Dates of the CNIC/NICOP/Passport.
- Joint Applicant No. 2 and 3 should not be filled.
Section C:
OTHER INFORMATION
- If you want your dividends to be directly credited into your bank account, then kindly provide the complete details of your bank account (carefully write down your IBAN no and ensure it is correct)
- If you are holding an ordinary CNIC then mark your Residential Status as “Pakistani Resident” or “Pakistani Non-Resident” for a NICOP.
Note:In case of a Joint Account, both the Main Applicant as well as the Joint Applicant must have the same Residential Status. - Duly filled and Notarized Zakat Declaration (CZ – 50) on Rs 50 Stamp Paper is required for Zakat Exemption on Dividends.
- The name of the Nominee should be as per his/her CNIC/NICOP/Passport.
- Nominee can only be a blood relative as appended on the SAOF.
- Nominee Details should not be filled in case of a Joint Account.
Section D:
CDC ACCESS
- Local Mobile Number, Date of Birth, Mother’s Maiden Name and Email Address of the Contact Person are required.
Section E:
OPERATING INSTRUCTIONS
- Mention the Names of the Main Applicant and Joint Applicant (if applicable) as Signatories, affix the Signatures right next to the names and select the option: Either (Singly) or Survivor.
Section F:
Signatures
- Mention the names of the Main Applicant and Joint Applicant (if applicable), Date, Place and affix the Signatures.
- Do not write anything in the Name of Participant or in the Participant’s Seal & Signature as it is for office use only.
- Get the Signatures of your Witnesses along with their Names and CNIC numbers.
GENERAL GUIDELINES
- Affix the Signatures of the Main Applicant and Joint Applicant (if applicable) at the end of every page of the SAOF i.e. from , at every specific instance (wherever required) and also on corrections/over writings (if any).
- Do not write anything on of the SAOF as it is for office use only.
- Attach the attested copies of the CNICs/NICOPs/Passport of the Main Applicant and Joint Applicant/Nominee (whichever is applicable).
- If any of the CNIC/NICOP/Passport identity documents are expired then please submit an attested copy of the updated document (as and when received).
