NSDL via Circular No. NSDL/POLICY/2021/0036 dt. 07th April 2021 had instructed all the Depository Participants to fulfill 6-KYC attributes of all their clients which are as under:
  1. Name
  2. Address
  3. PAN
  4. Valid Mobile Number
  5. Valid Email-id
  6. Income range
It was mandatory for all new accounts opened on or after 1st June, 2021 which was subsequently extended and as on date, as per NSDL Circular No. NSDL/POLICY/2021/0063 dated 30th June 2021, it is mandatory for all new accounts opened on or  after 1st August 2021.
For existing clients, deadline for this compliance initially was 31st May 2021 which has been subsequently extended to 31st July 2021.

Non compliance of above norms will lead to deactivation of demat accounts (except for settlement of already open positions)

Now, NSDL had issued Circular No. NSDL/POLICY/2021/0068 dt. 06th July 2021 requiring all the participants for mandatory updating Income range details of their clients using the below mentioned codes :
 

Particulars

Code

Income Range

Gross Annual Income (Individual)

01

Below 1 Lac

02

1-5 lacs

03

5-10 lacs

04

10-25 lacs

05

More than 25 lacs

Gross Annual Income (Non - Individual) – I

01

Below 20 lacs

02

20-50 lacs

03

50 lacs – 1 crore

04

More than 1 crore

Gross Annual Income (Non - Individual) –II

11

Below 1 Lac

12

1-5 lacs

13

5-10 lacs

14

10-25 lacs

15

25 lacs – 1 crore

16

More than 1 crore

Feel free to contact in case of any query or consultation.