Here is Step by Step process on How to open demat account in Sharekhan. From Signing up to taking the first trade. Complete information. You can open a Sharekhan account completely online. Recently, stock markets are transformed from an open outcry system to an Electronic system. Trading accounts acts as an investment account that holds your cash or securities electronically and also lets you buy or sell those securities in the stock market. Stock Traders trade many instruments, for example, shares, securities, commodities, and currency through online trading platforms
- What is Sharekhan?
- Documents Required for Demat account opening in Sharekhan:
- To open a Demat account in Sharekhan, Follow these Steps below:
- Step 1: Click on the DIY link given
- Step 2: OTP verification during signup
- Step 3: Upload PAN number and bank details
- Step 4: Uploading Necessary Documents
- Step 5: Upload other/personal information
- Step 6: Add nominee(mandatory by SEBI)
- Step 7: Verify email and confirm details
- Step 8: Esign process
- Step 9: Application sent to Sharekhan
- For any issues while sharekhan account opening
- After opening a Demat account:
- How to get services like Advisory and Tech support after opening sharekhan demat account?
What is Sharekhan?
With 16+ lakh customers, Sharekhan is the eighth largest stock broker in India and one of the largest retail and full-service brokerage firm. Sharekhan was one of the first companies in India to offer online trading. Securities brokerage, mutual fund distribution, loan against shares, ESOP financing, IPO financing, and wealth management are just a few of the many financial services it provides. We will see how to open demat account in Sharekhan.
It was established in 2000 and the parent company is BNP Paribas which is Europe based company
Documents Required for Demat account opening in Sharekhan:
- Pan card
- Aadhar Card
- Bank Details: Anyone from Passbook/cheque/Bank statement
- 6 Month statement or ITR copy (Only if you OPT for the F&O segment)
To open a Demat account in Sharekhan, Follow these Steps below:
Generally if you want you can visit the local branch and open account, in that case you will not need to do it yourself they will do it for you, but if you want to open through app or website or through diy, THE DIY process is given below, follow step by step and open it together with reading steps.
Step 1: Click on the DIY link given
Click here and this kind of page will get open as you can see below
As you can see the sign up page, fill in the required details. The link is updated so you will not see the option of preferred branch code and employee code, so just click on START after filling the details.
Step 2: OTP verification during signup
Enter the OTP which you will get on the number you wrote while signing up as you can see in above example.
Step 3: Upload PAN number and bank details
As visible, upload your pan number, birth date, bank details like IFSC code and account number, then select “I agree to the terms of use” then “Save and continue”.
Step 4: Uploading Necessary Documents
The documents upload page, upload the necessary documents like aadhar card front and back photo, pan card, signature(can upload a photo or draw), take selfie with date on a piece of paper in hand and video verification if you didn’t use digi locker while uploading aadhar card. Then upload bank details, any one from Passbook 1st page photo, cancelled cheque photo and bank statement. Now upload income proof, only if you opt for futures and options or currency segment otherwise ignore. Then click “Save and continue”.
Step 5: Upload other/personal information
Write your personal information as asked like gender, marital status, experience and income etc, then proceed ahead.
Step 6: Add nominee(mandatory by SEBI)
Add nominee, which means a person as a nomination in account, it can be your relative like husband, wife, son, daughter, brother and etc. Make sure he/she is 18+ and has a valid PAN card.
Add details which are asked and continue ahead.
Step 7: Verify email and confirm details
Verify the email and confirm all details. You will have to verify the email through OTP then only you can proceed ahead.
Step 8: Esign process
After you have verified the OTP, you will have to generate PDF and then clieck on Esign process, this page will get opened, Esign is the necessary step of account opening. Enter your aadhar number and click on “Send OTP” and after that enter the OTP, then confirm and continue.
Step 9: Application sent to Sharekhan
At this stage the application is sent to sharekhan’s scrunity team for verification, if all details are correct the account will be opened within 15 to 30 minutes and if any detail mismatch or issue, the sharekhan team will call you and let you knwo the problem which you can resolve and apply again.
For any issues while sharekhan account opening
For any issues while doing the process of sharekhan account opening, just wait for few hours, sharekhan team will call you and solve the problem. But atleast you should have done signup for getting the call from sharekhan.
After opening a Demat account:
After opening demat account, install the app ‘Sharekhan’ from playstore if you want to trade in mobile and if you want to trade in PC/Laptop then install ‘trade tiger’ in your PC/laptop.
Mobile app first trade tutorial: Youtube video
Trade tiger hindi Tutorial: Youtube video
How to get services like Advisory and Tech support after opening sharekhan demat account?
After account opened, just whatsapp us and we will add you to our private whatsapp group where you get daily news and updates, advisory calls and recommendations, not only from sharekhan but we bazaar badshah also have a research team to provide you calls and recommendations for educational purpose.
Also you will get stock recommendations and etc advisory from sharekhan in both the app and software too.
Read our other articles to learn how to trade:
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