You can open a demat account for yourself once you turn 18 years old.
It is mandatory according to Indian stock market regulations to open a demat account before investing in shares or participating in IPOs
The documents required are PAN Card and one of the following:
Valid Passport.
Aadhaar Card.
Voter ID Card.
Driving License.
It’s compulsory as per SEBI guidelines for Demat account to link your PAN card to your Demat account as per KYC rules.
To maintain your Demat account, no minimum amount is necessary.
Annual charges need to be paid by the account holder as well as a percentage of your trading as mandatory brokerage charges.
If you are opting for online KYC, it takes less than 24 hours for your demat account to become active.
Yes,After opening an account with us you will be added in our telegram group for daily market updates and trading levels.(Not a paid service)
Moneybiz has a dedicated team of market analysts so that you can learn the latest trading tricks and techniques of Banknifty and Nifty.
Account opening = Rs 0
Annual maintenance charge (AMC) = Rs 0
Brokerage = Rs 20 per order
Regulatory & statutory charges, penalties, and ST is extra and depends on the type of order. You can use the brokerage calculator to get an estimate of all the charges involved. Also, you can know all about our charges by reading our pricing section in detail.
Yes, Moneybiz does provide a dedicated RM after opening an demat account.
LifeTime FREE live market service and support.
Daily live 2 to 3 calls in Banknifty Option/ Nifty Option/ Equity cash for live trading and learning opportunities.(Not a paid service)
After opening an account with us you will be added to our telegram/whatsapp group for daily market updates and trading levels.
The stocks will be delivered at the end of the 2nd day after the transaction (T+2 day). This does not include days when the market is closed.
Note: the stocks will be delivered to your demat as long as you do not sell them before they are delivered.