Why was my F&O income proof rejected? What should I do now?


Your F&O (Futures & Options) income proof may be rejected if it does not meet regulatory or broker requirements. Common reasons include: 

Common reasons for rejection: 

  • The document does not show sufficient income or net worth for F&O trading. 
  • Incorrect or outdated documents were uploaded. 
  • The document is unclear, incomplete, or cropped. 
  • Uploaded proof is not in your name. 
  • Bank statements do not show adequate balance or income source. 
  • Salary slips or ITRs do not meet the minimum eligibility criteria. 
  • The document format is not accepted (e.g., screenshots instead of PDFs). 

Accepted income proofs: 

You can re-submit any one of the following: 

  • Latest ITR acknowledgment 
  • Salary slips (last 3–6 months) 
  • Form 16 
  • Bank statement (last 6 months, stamped or PDF) with a minimum balance of 10,000
  • Net worth certificate issued by a CA 
  • Holding statement with a minimum value  50000 

What should you do now? 

  • Recheck the rejection reason shown in the app or shared via email. 
  • Upload valid and clear income proof that meets eligibility norms. 
  • Ensure the document is: 
    • Recent 
    • Complete 
    • In your name 
    • Clearly readable 
  • Submit the document again through the Arihant Plus app or customer support channel. 

 Important note: 

  • F&O activation is subject to SEBI regulations and internal risk checks. Approval is mandatory before trading in derivatives. 
  • Before uploading, double-check file clarity and eligibility to avoid delays or repeated rejections. 
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