How to open demat account? 2022
How to open Demat Account? : Hello friends, whenever we talk about investing in the stock market. So the first thing that comes to our mind is Demat Account and Trading Account and probably you must have heard about it. And to invest and trade in the stock market, first of all you have to open a Demat Account.
But when it comes to Demat Account, then a question definitely comes in our mind. How to open Demat Account by yourself? And finally what is Demat Account and Trading Account? And how to use Demat Account?
So in the same way, when we have to deposit money in the bank, we open a bank account. Similarly, when we want to invest money in stock i.e. share market, then Demat Account is required to deposit those purchased shares.
But where we can hold shares, we can invest our money there. This demat account of ours is linked to our bank so that we can deposit our money whenever we want and withdraw it whenever we want.
What is the meaning of Demat Account?
Friends, when we talk about what is meant by Demat Account, then Demat Account means such an account. Where we can make the process of holding our investments like purchased shares, bonds, government securities, mutual funds, insurance and ITF more easy. And do away with the hassle of document related physical handling and maintenance of paperwork.
What is the difference between Demat and Trading Account?
Confusion remains in the minds of many people regarding Demat and Trading Account. What is the difference between Demat Account and Trading Account. So I want to tell for your information that both Demat Account Trading Account are linked to each other.
We can not only invest in Demat Account, we do not need many types of income certificates to open Demat Account. While for Trading Account we will need Income Certificate Year 6 Month Bank Statement and our Trading Account can be activated from Demat Account.
How to open Demat Account?
Now it comes to know how and where to open our Demat Account? So in which stock broker to open the best Demat Account, there is a list of thousands of stock broker exchanges like friends, but when it comes to. India’s number one and trusted stockbroker prefers to go with a brand which is already working in this field since time immemorial.
By the way, Angel Broking, Zerodha, Upstox etc. are the top 3 stockbrokers in India which provide very good service as well as it is reliable. So friends this is in the early days of the stock market when the stock market was formed. One of the first and trusted stock broker is Angel Broking which was established in 1980.
To open a Demat Account, I would recommend you to go with a good and better service provider i.e. brand, in such a situation, Angel Broking can prove to be a milestone for you. Where you can easily open a Demat Account step by step.
I mostly do my trading with Angel Broking but when it comes to. If only Angel Broking is done in the recommendation, then I will inform you. Let me tell you one very good thing that the software interface of Angel Broking is quite user-friendly. Where you will not face any problem in investing and trading and the Demat Account opening charge is absolutely free.
In comparison, if we talk about Zerodha, then the facility of opening a free Demat Account has not been provided on Zerodha. You will have to pay ₹300 to open a Demat Account in Zerodha.
Angel Broking
up stock
Documents required for opening a demat account
Friends, what are the necessary documents we will need to open a Demat Account. With which you can open your Demat Account very easily. I have given you the list of other documents below, so keep all these ready beforehand.
Pan Card
Aadhar card
Bank Account Number & IFSC Code
Signature in White Paper
Personal Mobile Number
Email Id
passport size photo
How to open demat account?
Friends, I am giving you step by step complete information to open Demat Account. With which you can open a Demat Account very easily.
For this, first of all, by clicking on Angel Broking, you will reach the official website of Angel Broking, where you have to enter your name, mobile number, city and OTP and click on Continue.
After that you have to fill up your PAN Card Account Number IFSC Code. Then you will see Offline Aadhaar Digi Locker Manually Verification button to verify your Aadhaar Card. Out of which you have to verify Aadhaar OTP by clicking on DigiLocker. Then you have to fill all your details and click on continue button.
Now you have to upload PAN card, bank passbook or canceled check book and your signature on white paper. Now in the last step you have to upload 8 second face video on your IPV identification for personal verification.
If your process is completed correctly then you have to create user id and password immediately. Otherwise, you will receive your User ID and Password through your email within 24 hours.
How to use Demat Account?
Friends, after our User ID and Password are generated, our Demat Account is open and ready, now how do we want to use our Demat Account. So for this our Demat Account, first of all we have to download the application software from the stock broker from which our Demat Account has been opened.
After that login by entering User ID and Password if you want to change your password. So by clicking on forget password, you can set new password yourself, now your Demat Account is ready to invest and trade in stock market.
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conclusion
So friends, through this post, I have provided you very simple and easy information in Hindi language. How to open Demat Account? 2022 and here I have told you about Demat Account and Trading Account. And I hope to explain the whole process of opening a Demat Account to you step by step. You must have liked our today’s information very much if you like it and prove useful for you. So please do share it on your social media accounts apart from your friends. If you have any other question, then you can ask through the comment section below, we will help you completely.