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Frequently asked questions
How to create a demat account is the basic question raised by investors. To open a trading + demat account with Angel Broking, the following documents are required:—
• Pan Card;
• Bank proof;
• Valid residence address proof (or office address proof in case of a corporate account)
Once the details are verified, the application gets processed and the welcome kit is dispatched to the concerned individual. You can then login to your account with the user ID and password, and begin trading.
There is no account opening fees for demat and trading account. However there is an Annual Maintenance charge of Rs. 450/- and a onetime charge of Rs. 50/- for POA and Rs. 36/- for KRA along with applicable service tax.
However, there are free lifetime demat account offers. Fill in the details to know more.
Advantages of DEMAT Account are:
• Less paperwork since securities held in electronic form & no hassle for the customer. • Secure and convenient way to keep track of shares • Quick Settlement • Saves time • No Storage Risk – Unlike paper certificates dematerialized stocks and shares can’t be stolen or damage or forged • All in one - Trade in Equity, gold ETFs and commodity futures
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