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IBL House, Decentralized Processing Center, CTS No. 179 G, MID Cross Road B, Nearer Glass Factory, Exon. Of Adhere Karla RoadAdhereri (east), Mumbai — 400 059. Tel. No. : (022) 6777 2777 Fax : (022)

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What is commodity depository account opening?

Commodity depository account opening refers to the process of establishing an account with a commodity depository to hold and handle commodities such as gold, silver, agricultural products, etc.

Who is required to file commodity depository account opening?

Any individual or entity that wishes to hold and trade commodities through a commodity depository account is required to file for commodity depository account opening.

How to fill out commodity depository account opening?

To fill out commodity depository account opening, you need to visit the website of the commodity depository and follow their account opening procedures. This typically includes providing personal or entity information, identity verification, and agreeing to the terms and conditions of the commodity depository.

What is the purpose of commodity depository account opening?

The purpose of commodity depository account opening is to provide individuals or entities with a secure and regulated platform to hold and trade commodities, ensuring smooth transactions and transparent storage of commodities.

What information must be reported on commodity depository account opening?

The information that must be reported on commodity depository account opening includes personal or entity details, address, contact information, identification documents, financial information, and any other required information as specified by the commodity depository.

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