How to Open an Demat & Trading Account !!

Hi There,

This is our first post from Imbibe Investments and we are here to help you start investing and make you learn about different investment opportunities in the market.

Let us start with the basics first on how to open a Demat & Trading account:

Anybody who wants to start investing or to starting trading in Capital Markets needs to hold a Demat (De-materialisation) to keep the holdings and a Trading account with any broker (to purchase and sell Equities).

At the time of account opening keep the below things handy:

• A person needs to be over 18 years of age and 2 photographs 
• Need to hold a valid PAN (Permanent Account Number) No 
• One Address proof is required as per KYC norms 
• A cancelled check from bank 
• Last 3 months Banks statement or photocopies of latest transaction of passbook which holds the same address as mentioned in the address proof 
• And an account opening form with approx 60 signatures. 

These are very basic things the brokers/sub-brokers and banks asks customers while opening a Demat and Trading account. There may be any further information required depending on the type of account being opened.

Do you have any questions, do post them back and we will try and revert back to you at earliest.

Cheers !

Imbibe Investments

[Disclaimer - All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this blog and will also not be held liable for the information provided.]