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Open Demat Account Online

A Demat Account opens multiple investment opportunities for long-term investors and traders. It allows you to choose between various asset classes and build your own financial portfolio for both short-term and long-term gains.

Overview

Demat Account is a frequently used term in the world of trading and investments. It is gaining popularity among today’s investors, who don’t refrain from taking risks for long-term wealth acceleration.

Once you open a demat account, you’ll be able to hold your stocks, equity shares, bonds, securities, current and upcoming IPOs, mutual funds, exchange-traded funds (ETFs) and other financial trade assets in an electronic form.

You can open your demat account with zero balance, which means there is no minimum balance of shares to maintain. When you trade online, the assets you purchase or sell will get debited and credited accordingly from your demat account.

Features and Benefits of Demat Account

A demat account is the easiest and the most convenient to hold securities.

It facilitates the immediate transfer of securities, shares, and bonds.

It is safer than paper shares since it protects you from the risks of theft, bad delivery, fake securities, delays, etc.

You can avail loans against securities that are held in your demat account.

When the company offers you any dividends, refunds, or interests, these benefits get automatically available in your demat account.

It gives you an opportunity to invest in various asset classes such as equities, commodities, IPOs, and mutual funds.

Open a Demat Account Now!

Why should you open a Demat Account with FINDOC?

With Findoc, you can open Demat Account online with minimal formalities to start trading in stocks, equities, IPO, mutual funds, and other financial assets.

Opening demat account online with us has many advantages, which include:

  • We offer a lifetime free account with one-time maintenance charges.
  • We take one of the lowest brokerage fees from our demat account holders.
  • We set up your demat account in a hassle-free way and make sure that it is linked automatically with your bank and trading accounts.
  • Our team of financial planning and trading experts provides you with the latest updates, research, and guidance to choose and invest in the right stocks and funds.
  • When you open a demat account online with us, you’ll get access to online trading services with extensive professional support.
  • Our team of experts is just a call away. Call us at 0161-4155000 for seamless support.

Findoc is the best choice for opening a demat account online and seamlessly investing in various financial assets using expert advice.

Open a Demat Account Now!

How to Open a Demat Account Online ?

It’s super easy to open a demat account online who has linked his mobile with adhaar. You just need to follow the steps mentioned below.

  • Step 1: Keep all essential documents ready. These include your AADHAR card, PAN card, and a cancelled cheque. (in originals)
  • Step 2: Visit our website www.myfindoc.com
  • Step 3: Click on the “Know More” button available next to “Demat Account” tab.
  • Step 4: Fill out our Online KYC registration form. Make sure that all details are accurate to the best of your knowledge.
  • Step 5: After filling out the form, you’ll receive an OTP. Fill out that OTP in the right tab and click on "Submit."
  • Step 6: Enter your email address and complete the registration.
  • Step 7: Our system will send you a password to your email. Enter that password to log in.
  • Step 8: Set up your profile by adding a profile photo, name, birth date, mobile number, and other details. You will need to fill out a series of forms by clicking on "Next" every time.
  • Step 9: Upload all mentioned documents.
  • Step 10: Once you’ve filled out all of the required information, check that it is correct. Make changes if required and click on "Finish."
  • Step 11: You’ll need to complete IPV verification by using the link received in your email inbox and following all the points.

Once we’ve verified all of your documents, you’ll receive a call from our executive and your demat account will be opened and set up to use. Congratulations! You can start trading online.

Does this process seem daunting? Watch the video below to better understand this step-by-step process to open a demat account online through paperless eKYC.

Open a Demat Account Now!

Frequently Asked Questions

How to open demat account through eKYC ?

Are you planning to open your Demat account and seek help from someone expert to do the rest of the job? Well, with Findoc, it takes only a few minutes to open your online Demat account. The most important thing is to get done with your online KYC or e-KYC. Once your e-KYC is updated in the system, your Demat account will then be in the process of verification. 

How to open a Demat Account online?

An Investor needs a Demat account for trading, Now you can open demat account online within 15 minutes* through our Ekyc process. Learn more what a demat account is, How to open demat account online, steps and documents required for open demat account online in india.

  1. Visit Open Demat Account online
  2. Click on the Banner
  3. Enter your Name, PAN Number, Mobile number, E Mail ID
  4. Add your Personal & Bank Details for smoother transfer of funds
  5. Upload KYC documents ( Aadhaar , PAN, Bank Statement)
  6. Electronically Sign (E-sign) the form through an Aadhar linked mobile number

And that’s it! Your Demat account would be activated in a few days

What is a Demat Account?

Demat Account

is a special type of account that holds the securities (shares, bonds, mutual funds, ETFs, etc.) in electronic form. 
This is because a normal bank account cannot hold assets and securities such as shares. Demat is derived from the word “Dematerialized” which represents the digital form of assets that are being held.

How to use Demat Account?

A Demat account is very simple to use and can be used by simply connecting it with your trading account with Findoc Financial Services. From here you can view the securities you have purchased and can manage your trade accordingly.

How to open a Trading Account?

You can open a Trading Account in less than 15 minutes from the comfort of your home with Findoc Financial Securities. All you need is a PAN Card, Proof of Address, Proof of Identity, Bank Proof, your signature, and one photograph. Follow the given steps:
  1. Click here to Open Trading account Online
  2. Add the necessary details, PAN Number, Mobile Number, Address, Bank details,ITR etc.
  3. Upload your documents
  4. E-sign the form and submit the application
And that’s it! Your trading account would be activated in a few days. You will receive the login and password for your account on email.

What is the benefit of Demat Account?

There are many benefits of a Demat Account:
  1. It ensures the safe storage of shares in their digital form in a way such that they cannot be tampered with, stolen, or lost. This makes Demat account a safe haven for digital assets.
  2. A Demat Account can hold multiple investments like shares, bonds, mutual funds units, etc, unlike a normal savings account that can only hold cash.
  3. It is readily accessible and can be accessed from anywhere through login id and password.
  4. Demat Accounts also have the facility to add a Nominee,
  5. Important events like share splits, bonus shares and dividends get automatically updated in the Demat account and don’t have to be manually managed.

What are the documents required to open a Demat Account?

For opening a Demat & Trading Account with Findoc Financial Services, you will need:
  1. A PAN card
  2. An Address proof. Passport, driving license, voter id, Aadhar card, ITR, Utility bills, or bank statement all count as valid address proofs and are acceptable.
  3. A Passport size photo
  4. A canceled cheque

What is a depository participant?

A depository is an institution/organization that stores shares and securities in a digital and dematerialized form.  National Securities Depository Limited(NSDL) and Central Depository Service India Limited(CDSL) are the two depositories in India. The depositories, however, do not provide Demat Accounts. 
To open Demat Account online, you need to approach a depository participant, like Findoc Financial Services. Depository participants, which can be a brokerage firm or a bank, are the intermediaries who help investors open a Demat Account and facilitate trade in the stock exchange. They act as a bridge between the depository and the stock exchange. At Findoc we are associated with NSDL.

What are the eligibility criteria for opening an online Demat & Trading Account?

Any Indian individual above the age of 18 years can open an online Demat & Trading Account. It is mandatory to have a PAN card, a bank account, and documents for identity and address proof.

What is the difference between Demat and Trading Account?

A demat account is used to store digitized forms of securities such as share certificates in a digital format. On the other hand a trading account helps you place a buy or sell order in the stock market. 
Both Demat and Trading accounts are necessary for trading online in the stock exchange. You can open Demat and Trading Account in a few easy steps with Findoc Financial Services and start trading online and earn money.

Open a Demat Account Now!

Disclaimer The information contained in this file is provided for informational purposes only, and should not be construed as legal advice on any matter. The content and interpretation of the law addressed herein is subject to revision. We disclaim all liability in respect to actions taken or not taken based on any or all the contents of this file to the fullest extent permitted by law. Every effort is made to avoid errors. In spite of that, errors and discrepancies may creep in. It is expressly stated that neither Findoc Investmart Private Limited nor any of the contributors of updates will be responsible for any damage to anybody on the basis of this document. Readers are, therefore, requested to cross check with the original sources e.g. Government publications, Orders, Judgments etc., before taking any action or making any decision. These services are being provided through our group companies Findoc Capital Mart Pvt Ltd and Findoc Finvest Private Limited

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Important Message The information contained in this file is provided for informational purposes only, and should not be construed as legal advice on any matter. The content and interpretation of the law addressed herein is subject to revision. We disclaim all liability in respect to actions taken or not taken based on any or all the contents of this file to the fullest extent permitted by law. Every effort is made to avoid errors. In spite of that, errors and discrepancies may creep in. It is expressly stated that neither Findoc Investmart Private Limited nor any of the contributors of updates will be responsible for any damage to anybody on the basis of this document. Readers are, therefore, requested to cross check with the original sources e.g. Government publications, Orders, Judgments etc., before taking any action or making any decision. These services are being provided through our group companies Findoc Capital Mart Pvt Ltd and Findoc Finvest Private Limited

Attention Investors
  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • 3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
  • 4. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries forrefund as the money remains in investor's account."
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactionsin your demat account directly from NSDLon thesame day.....issued in the interest of investors."
KYC is a one-time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary." | (As instructed by SEBI, We hereby declare that we do engage in proprietary trading in all segment across the exchange.)
Effective communication & Speedy redressal of the grievances a. Register on SCORES portal b. Mandatory details for filing complaints on SCORES: i. Name, PAN, Address, Mobile Number, Email ID c. Benefits: i. Effective communication ii. Speedy redressal of the grievances link: https://scores.gov.in/scores/Welcome.html
In case of grievances for any of the services rendered by Findoc Investmart Pvt Ltd write an email to grievance@myfindoc.com
Mandatory updation of certain attributes of KYC of clients - The advisory is also displayed on the Depository website at following link: https://nsdl.co.in/downloadables/pdf/Advisory%20%E2%80%93%20KYC%20Compliance.pdf

FINDOC INVESTMART PVT. LTD./FINDOC FINVEST PVT LTD.

Registered Office :

SCO 210-211, Sector 34-A Chandigarh-160022

Corporate Office :

4th Floor, Kartar Bhawan, Near PAU Gate No.1, Ferozepur Road Ludhiana -141001.

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