Micro SIP pan or KYC (Know Your Customer) do not require documentation. However, a photocopy of your photo identification documents, voter ID or driving license should be. Original documents for verification also have to show them. Documents required for Micro SIP information can be obtained from asset management companies.
Micro SIP individuals, NRIs and Minor can open. HUF or institutional investors other categories for Micro SIP is not exempt.
Keep these things care: Micro SIP if the documents are found incorrect or incomplete, deficiency memo got to the Investor and SIP application will be canceled.