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How to open a demat & trading account with Dealmoney Pro:

Author: Dealmoney Securities
by Dealmoney Securities
Posted: Sep 19, 2021

A demat account is a "dematerialized account." This means all your securities will be held in an electronic form rather than in a physical form. Therefore, opening a demat account is a must for investing in the market.Wherein an online trading account serves as a platform for buying & selling of shares. Opening a demat & trading account has become effortless with the online account opening process.

Opening an account with Dealmoney Pro is a seamless process:

Documents required to open an account:

  • PAN card
  • The canceled cheque/ Frontpage of bank passbook/ Bank Statement and Address proof.
  • Aadhaar card in PDF format or Masked Aadhaar/ Passport/Voter ID/Driving License/ landline Bill/ Gas Bill/ Electricity Bill/ Ration Card/ Lease or sale.
  • Photo of your Specimen Signature

The process of opening an account:

  1. Keep the documents mentioned above ready. Then, download a Dealmoney Pro app & click on "open an account with us."
  2. Sign up with basic details- Mobile Number, Name, Email Id and Click on "I Agree" to proceed further.
  3. Verify the OTP that you will receive.
  4. Select the brokerage plan.
  5. Enter and submit your PAN details, Bank Details, and personal details
  6. Make the payment as per your pre-selected plan
  7. KYC registration process- If your Pan card is KRA verified, your details get auto-filled. If not, fill in the details & Verify.
  8. Upload a clear picture of yourself, Pan card, Canceled Cheque & Your specimen Signature.
  9. Select the segments & subsegments you want to trade-in.
  10. Customize your margin amount & add money to the margin account. You can make an online payment or an offline payment.
  11. You will receive a confirmation after complete the payment process. However, along with it, you receive a PDF document that would require your signature.
  12. Two options to get it done: E-sign it with your digital signature if you have one(If you don’t have one, you click the link for free E-sign by NSDL)

For the manual Sign process, Download the Document, Print and Sign it and send the documents to us.

  1. Digital authentification: NSDL is a government Authorized e-signature provider. Click on the FREE eSign link you will be redirected to NSDL. Next, verify your profile and enter your aadhaar card number and click to get OTP. Next, enter OTP and click on "Verify OTP."Once OTP is verified, your eSign will be complete.
  2. In-Person Verification(IPV): You will receive a link on your registered mobile number. A unique ID and Password will be generated through the link for the private process of IPV. Keep your Identification handy to share with your executive handling your IPV process. You will receive a confirmation call from the executive informing you about completing the process.
  3. Will receive client code after the KYC team verifies and authenticates your details. For any glitch or faulty documents, the KYC team will contact you.

After following the simple process,you are ready to trade in the market.

About the Author

Open an free demat and trading account, with Seamless Experience, Dealmoney offers one of the best online stock trading app to trade. We're a leading full service broking house with one of the best online trading platform.

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Author: Dealmoney Securities

Dealmoney Securities

Member since: Apr 26, 2021
Published articles: 4

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