You can apply for account upgrade by submitting
asset documents that show a minimum net worth of Rs. 50 Lacs. Documents such as bank
statements, investment portfolios, NSDL statements, etc that show assets clearly
belonging to you are treated as an asset document. Once your documents are received,
they will be reviewed by a practicing Chartered Accountant. The CA after verifying and
approving the documents generates an official net worth certificate, post which your
investment limit is increased to Rs. 50 Lacs. If the documents are not approved, you
will be able to see the updated status of your account upgrade request as rejected and
option to upload a more recent, clear and valid document.