Below is a concise checklist of the documents, KYC and agreements you will typically need to open a trading account and enable margin trading (Margin Trading Facility / MTF / margin / derivatives) in India. Exact requirements vary by broker and product, so treat this as a general guide and check your broker’s onboarding checklist.

Mandatory identity & address KYC (required to open any trading account)

• PAN card (mandatory for financial transactions).
• Proof of identity (if PAN name differs or extra ID needed): Aadhaar card, passport, driving licence, voter ID.
• Proof of address: Aadhaar, passport, driving licence, utility bill (recent), bank statement (recent).
• Recent passport-size photograph and scanned signature.

Bank account & funds

• Cancelled cheque or bank passbook copy showing account number and IFSC (for linking bank account and payouts).
• Recent bank statement (usually last 3–6 months) / copy of passbook.

Income / suitability proof (usually required for derivatives, F&O and higher-risk margin products)

• Latest Income Tax Return (ITR) acknowledgement / Form 16 / last 3 months’ salary slips / net-worth proof (one of these is commonly requested).
• Some brokers require additional proof for higher leverage products.

Trading & Depository (for equity margin / intraday)

• Demat account details (DP ID & client ID) or documents to open a Demat account (if you don’t have one).
• If you intend to pledge securities as margin, you’ll sign a pledge request and the DP will need authorization.

Margin / leverage specific agreements and consents

• Margin Trading Facility (MTF) / Margin Funding agreement (broker-specific).
• Risk disclosure documents and client agreement (mandatory).
• Consent/authorisation to allow the broker to debit your trading account / transfer funds/securities to cover margins.
• Power of Attorney (POA) — optional in some brokers, required by others for faster pledge/settlement operations (read carefully before signing).
• Pledge/rehypothecation / hypothecation form(s) — if securities will be pledged as collateral.
• Margin call / top-up consent (acknowledgement you understand margin call rules).

Tax & regulatory declarations

• FATCA / CRS declaration (for tax residency).
• KYC self-declaration forms required under SEBI / exchange rules.

Additional requirements for NRIs / foreign residents

• Passport copy, overseas address proof, PIS permission from your bank (for equity investments), NRE/NRO account details, overseas tax residency form. Brokers will have a separate NRI KYC flow.

Operational / practical things to expect

• In-person/Video KYC may be required (or e-KYC via Aadhaar OTP where available).
• Broker will verify documents and typically activate trading and margin facilities after compliance checks — may take 1–7 business days depending on completeness.
• Brokers may require an initial margin deposit before enabling margin/leverage.
• Margin limits, eligible instruments and leverage levels vary by broker and by product (intraday equity, F&O, currency, commodity, MTF against pledged holdings), and are subject to change.

Quick checklist you can copy for submission

• PAN card (scan)
• Aadhaar / Passport / Driving Licence (scan)
• Cancelled cheque / Bank statement (scan)
• Latest ITR / Form 16 / Salary slips (scan)
• Passport-size photo & signature (scan)
• Demat account proof (if existing)
• Signed client agreement + MTF/margin agreement + risk disclosure (provided by broker)
• FATCA/CRS declaration form

Safety & legal note

• Read the margin/MTF agreement, hypothecation/pledge and POA carefully — these grant rights over your funds/securities.
• Margin trading increases risk (possible loss greater than initial capital). Make sure you understand margin calls, auto-square-off and interest/fees on borrowed funds.

If you tell me your broker (or whether you want margin for intraday equities, MTF, or F&O), I can list the exact documents that broker typically asks for and highlight any extra forms (or NRI requirements).