Master Trust: account opening process online, fees, forms

Opening a Master trust account can be done quickly by heading to their website and download the account opening application. Once downloaded, fill in all the details and then attach the necessary documents. You can then mail the application along with the documents to the head office, and your account should be opened.

Master trust offers a broad range of accounts that users can choose from. There are 2-in-1 accounts that can be availed of as well. But if you are looking forward to the typical account opening process, it can be done in two ways.

Mastertrust Online Account Opening Procedure

1. Head to the Master trust website and click on the “open Demat account” section.
2. Once clicked, a new window will pop up where you will have to enter your name, number, city, and so on. The generic information, and that’s it.
3. After giving the information, you should get a call from the customer care representative who will guide you into your account opening process.
4. Regarding the KYC verification, you will need to provide soft copies of your PAN card, passport, Aadhar card, bank statements for the past three months, and canceled cheque. Based on the type of account you wish to open, the documents could vary.
5. After all of these steps are completed, you will get a call from another representative to complete the verification process.
6. After everything is successful, you will get a message regarding the account opening process and instantly complete the payment.
7. There is a fee for opening an account, and you can pay it through popular payment portals of your choice.

Mastertrust Offline Account Opening Procedure

1. Head to any of the branches of Master trust and ask for an account opening application.
2. Fill in all the details asked, and you will have to attach attested documents such as PAN card, Aadhar card, Passport/voter’s ID, Driver’s license, and others.
3. Once the application is filled and all the documents are verified, you will have to pay an account opening fee.
4. Once paid, it would take a couple of hours to open the account, and you can start using it from then and there. All the details regarding the account would be shared with you through email and SMS.