Sharekhan offers two type of accounts
Sharekhan is the best option to open a Demat account.Now you can open an Online Trading + Demat Account FREE. That's right, zero account opening charges.
You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.
Sharekhan offers two type of accounts
1) Classic Account – Classic account is an online trading account for equities and derivatives best suited for investors. This account has the features like multiple watch lists, real-time portfolio tracking with price alerts and integrated banking.
2) Trade Tiger Account – Trade tiger account is a net-based executable application for active traders who trade frequently during the day’s trading session.
I have their classic account because I am not a trader, I am a value investor.
Account Charges of Sharekhan account
- Trading Account Opening Charges – Nil
- Demat Account Opening Charges – Nil
- Annual Maintenance Charges – Upto 750 depend on the balance keep
You can do it in 2 ways:
- You can personally visit a broker’s office at your nearest or convenient place, fill up requisite forms, submit requisite documents, pay account opening charges as per their policy and open your Demat account.
- You can visit the websites of brokers and select one suitable for you and open an account online.
Docs needed:
- PAN
- PP Photo
- Proof of Address: Aadhar, Voter, Electricity Bill, Passbook first page, etc.
- Proof of Identity: Aadhar, Voter Id, Passport, etc.
- Bank Proof: Cancelled cheque with Name, IFSC, MICR clearly printed on it, Bank statement.
- Income Proof: Bank Statement for 6 months, Form 16, Income Tax Return copy, CA approved copy.
But first of all you need to select a good share brokerage company in the Indian Stock Market which will have less brokerage rates, good trading platform and good customer service
Open demat account with Sharekhan- India's leading full-time service broker!!
Procedure of opening a demat account is quite simple:
- First you need to find out a broker where you will open your demat account. People generally ask “Which is the best Demat account?”
No Demat account is good or bad, all are same it depends on your broker actually, like how much they charge for account opening, what are the annual maintenance charges etc.
So before choosing a broker check out all these charges. - Once you decide your broker then you can open account in two ways
Online
offline
You can open your account in anyway. - To open demat account your broker will ask for the following documents
Aadhar card
PAN Card
Cancelled Cheque
Photograph
In case you want to trade in future and options also then you have to submit your income proof also. - Once all your accounts will be verified by the broker your Demat account will be opened.
If your phone number and Email Id are registered with your aadhar card then with some brokers it only takes few minutes to open your account. otherwise account opening process might take 3- 4 days.
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