Why is PAN number mandatory for me to open an account with FundzPark?
FundzPark needs your PAN details as your identity and income proof document. Since every individual has a unique PAN number, the uniqueness of each account is ensured.
Your PAN details are also mandatory for the creation of your CAN (Central Account Number) and are the primary document to which all your investments are linked to the CAMS system. You can view your investment details on the CAMS system independently at any point of time too.
The mandatory PAN number and income details at FundzPark will allow ease in investing across all AMCs without additional documentation.