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# What Documents Do You Need to Buy Unlisted Shares on Polemarch?
Polemarch requires KYC verification before you can place your first order. The process is fully digital and typically takes under an hour if you have everything ready. Here's exactly what you need.
Document 1: PAN Card
What it is: Your 10-character Permanent Account Number, issued by the Income Tax Department.
What Polemarch does with it: Verifies your identity and cross-checks your name against your other documents. PAN is also needed for tax reporting of capital gains.
What you need:
- PAN number (enter it directly — no upload needed in most cases)
- Your name must match exactly across PAN, Aadhaar, and your bank account
Common issue: PAN registered in a different name than your Aadhaar (e.g., "R. K. Sharma" vs "Rajesh Kumar Sharma"). Minor variations are usually accepted; completely different names require updating at NSDL/UTI.
Document 2: Aadhaar (for eKYC)
What it is: Your 12-digit Aadhaar number, used for OTP-based identity verification.
What Polemarch does with it: Sends an OTP to your Aadhaar-linked mobile number via UIDAI's eKYC system. The OTP confirms you are the Aadhaar holder. Your name and address from Aadhaar are used to verify KYC.
What you need:
- Your Aadhaar number
- Access to the mobile number linked to your Aadhaar (for OTP)
Important: If your Aadhaar-linked mobile number is not active or not in your possession, eKYC will fail. You can update your Aadhaar-linked mobile at any Aadhaar enrolment centre.
Document 3: Bank Account
What it is: Your savings or current bank account, used for deposits (wallet top-up) and withdrawals.
What Polemarch does with it: Performs a "penny-drop" — a ₹1 test transfer to your account that returns your registered name from the bank. This verifies you own the account and that the name matches your PAN.
What you need:
- Bank account number
- IFSC code of your branch
- The account should be in your name (joint accounts where you are primary holder are acceptable)
Common issue: Corporate accounts or accounts in a different name will fail penny-drop verification.
Document 4: CMR (Client Master Report)
What it is: A PDF issued by your broker (Depository Participant) that shows your demat account details — BO ID, name, PAN, and address.
What Polemarch does with it: Verifies that the demat account you've declared actually belongs to you, by matching the name and PAN on the CMR against your other KYC documents. Your shares will be delivered to the BO ID on this CMR.
What you need:
- Download your CMR from your broker's app or website (see our guide: How to Download Your CMR)
- Ensure it is dated within the last 3 months
- The name must match your PAN exactly
Which demat works: CDSL or NSDL demat accounts are both accepted. Most Indian retail brokers (Zerodha, Groww, Angel One, etc.) use CDSL.
Summary: Complete Checklist
| Document | Details Required | Format | |---|---|---| | PAN | 10-character PAN number | Enter directly | | Aadhaar | 12-digit number + OTP on linked mobile | Enter directly | | Bank account | Account number + IFSC | Enter directly | | CMR | PDF from broker, dated within 3 months | PDF upload |
What Happens After KYC?
Once all four verifications pass, your Polemarch account is activated. You can:
- 1Add funds — transfer from your verified bank account to your Polemarch wallet via IMPS/NEFT/RTGS
- 2Browse shares — search by company name or sector
- 3Place an order — set quantity; funds are reserved from your wallet
- 4Receive shares — Polemarch initiates the DIS transfer to your demat within T+2 working days
*Need help with KYC? Email [email protected] or use in-app chat (Mon–Sat, 10am–7pm IST).*