Identity Proof Like Driving License, PAN Card, Etc
An account that holds shares and securities in electronic format is called a Demat account. The objective of opening a Demat account is to keep shares that have been purchased or dematerialized. This means it is converted from physical to electronic shares, hence simplifying online trading for users. We help you open demat accounts and hold all investments, including equities, government securities, exchange-traded funds, bonds, and mutual funds, in one place. It not only cuts redundant paperwork but also assists in streamlining the share trading procedure.
Investors based in India use a standard Demat account. For share-trading investors, it is the ideal Demat account.
Non-resident Indians, in addition to residents of India, can invest in the equity markets. However, NRIs cannot support using a regular Demat account as repatriation of funds is not authorized. You may transfer funds abroad, but you must have a Non-Resident External NRE bank account for it.
It is a Demat account used by non-resident Indians in which funds cannot be sent outside the country. This form of Demat account needs a linked NRO bank account.
Identity Proof Like Driving License, PAN Card, Etc
A Address Proof Like Passport
Income Proof For Trading In Derivatives (E.G.: ITR Acknowledgment)
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3 Passport Size Photographs