A Demat Account is your foundational step to go about Share Market Trading. Without it, you will not be able to invest in any kind of securities. So, it is a pre-requisite that you will need a Demat account. These Demat accounts can be Open Free Demat Account online will help to make your investments much easier and worry-free.
Here are 4 Simple Steps to Open a Demat Account:
Step 1: Open the Lead Form From Arihant Capital and Fill Open Free Demat Account form.
Step 2: One-Time Password (OTP) Process
From Arihant Capital, you have to receive a one-time password (OTP) on the mobile number that you are using while registering. Submit OTP to validate your PAN details.
Step 3: Validate Aadhar Details
Once you put in your Aadhar linked phone number, you will receive a one-time password (OTP) on that mobile number. The OTP is sent to validate your Aadhaar cards. After that, it will ask for your banking details, address, and the brokerage plan you require. The page will then direct you to upload document proofs. This may include Aadhaar, PAN, Income proof, cheque, & Signature.
Step 4: Verification process
In-person verification is the last step. Previously, a DP representative would physically visit and verify the documents before opening a free Demat account. But, a big thanks to technology, DPs now do the verification through a video session.
Once the process is complete, the portal will facilitate you with an e-sign button. You will receive an (OTP), a one-time password on your registered mobile number. Once the OTP is submitted, your e-sign will be affixed & the e-KYC process will be completed.
You will receive a unique client code (UCC) on your phone via email for Demat A/c & trading A/c. In a separate mail, you will receive the login credentials to start trading.
Open free Demat Account With India’s Best Online Stock-broker
The process is very simple and it takes 15 minutes for you to open your own Demat account if and when you submit all the required documents. Bank procedures have been quite simple after the technology kicked in and made everything easy to unexposed hands.
After Account opening, you can Start Trading in *15 minutes with top Online Stock Broker
The trading account acts as an investment account containing securities cash & other holdings. Quite commonly, a trading account refers to a day trader's account. These investors buy & sell assets frequently, others within the same trading session, and their accounts are exposed to special regulation as a result. These assets held in the trading account are separated from all others that may be a part of a long-term buy & hold strategy.
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