Religare Broking provides you a wide range of investment products across all asset classes with state of the art trading platforms i.e. Religare Dynami and Religare Online to help you start your investment journey.
There is no minimum age to start investing in the stock market – you do not need to be 18 years of age to hold a demat account. A minor can also hold a demat account, given it is open by the parents or the appointed guardian after submitting their respective documents. Once he/she turns 18 years of age, the depository participant will send an advisory to the individual in order to obtain certain KYC (Know Your Client) documents to open and transfer details to a new account.
PAN Card is the most important document required to open a demat account. You will have to submit a copy of your PAN card along with other KYC documents while opening a demat account. You can choose to open your demat account either online or offline.
In order to be eligible to open a demat account, you will need to submit other documents in addition to you PAN card for identification purposes –
● Aadhar card
● Bank proof – copy of passbook/bank statement
● Signature (same as PAN card)
A Demat Account is an account that allows investors to hold their shares in an electronic form. The abbreviation of a Demat Account is Dematerialisation Account. To open a free Demat account online, you need to upload few documents. A Demat account number is compulsory to enable electronic settlements of all the trades.
A Demat account is similar to a bank account, where you hold your money and respective transaction entries are done in the bank’s passbook. Similarly, securities are held in electronic form and are debited or credited accordingly from a Demat Account. A Demat account can be opened with zero balance of shares.
Fill up your personal details via our secured online account opening platform.
Fill up your DOB, PAN, personal and bank details, upload your documents.
E-sign your application via Aadhaar OTP. You are done!