Sharekhan: account opening process online, fees, forms

The Demat and trading account can be opened online with no charges associated. Users can fill in the application and attach necessary documents on its website to open the respective account. It should take less than a day to open your Demat and trading account successfully. Also, maintenance charges are levied which are quite reasonable.

Share khan offers a simple way of opening a demat and trading account. For those willing to know a detailed orientation as to how it can be opened? Then it has been illustrated below.

Opening a Demat and Trading Account with Share khan

1. Head to share khan’s official website.
2. Click on the “open demat account option” on the homepage.
3. Once it opens, then enter your personal information and other details.
4. You will have to provide copies of valid documents such as cancelled cheque, PAN card, Aadhaar card, passport, income proof, etc., based on your account opening preference.
5. Once the documents are uploaded, it will then be verified. You should get an OTP for the documents you just uploaded confirming that it’s your documents and they are original.
6. Once completed, an in-person verification process would be carried out. However, this step has been converted to a video session where a person will verify you through live video.
7. After a successful verification process, users should get the login credentials through a text message or their respective mail address.
8. One received, you can access your demat account and start trading effortlessly.

However, with trading accounts, the above-given steps remain the same with no difference. Demat accounts are to hold your shares and stocks purchased. At the same time, a trading account enables you to trade stocks and shares. There are no different steps. It gets opened automatically when you create your demat account.

Sharekhan Trading Account Review

The process of opening a demat and trading account is a straightforward process with not much involved. Users can easily open it provided they have all the necessary information and documents in soft copy. You can get the account opened offline as well by visiting their branch office in every major city in the country.