Imagine owning a piece of your favourite company without the hassle of complex paperwork and long waiting times.
Imagine investing in a promising organisation’s growth trajectory and reaping the rewards of its good performance.
Visualize having the opportunity to get better returns on your investment than your savings account or fixed deposits.
A Demat account can enable all of this and more. You can access to a multitude of investment opportunities including stocks, bonds, IPOs, and more, without the need for any complex paperwork. Trading is quick and seamless, and you can withdraw your funds when you need them.
With a simplified Demat account opening process offered by discount brokers such as Bajaj Broking, taking advantage of these opportunities is now easier than ever. Here is all you need to know to start with your own Demat account.
Why Open a Demat Account with Bajaj Broking?
There are many benefits to opening a demat account with Bajaj Broking:
- Low Brokerage Subscription Plans: Bajaj Broking offers affordable subscription packs tailored to different trading needs:
- Freedom Pack: ₹0 for Equity Delivery, ₹20/order for Intraday and F&O Trades
- Professional Pack: ₹0 for Equity Delivery, ₹10/order for Intraday and F&O Trades
- Seamless Online Experience: Bajaj Broking offers an app as well as a web platform that are intuitive and user-friendly, making it easy for you to navigate and manage your investments.
- Research Assistance: Benefit from the expertise of seasoned research analysts who provide guidance to navigate the market and make informed investment decisions.
Did you know, the Research Desk at Bajaj Broking studies the markets and offers Alpha Trade stock picks. Across twenty-one stocks recommended this year, the team has a strike rate of 94% with an average return rate of 9%!
- Diversify Investments: Unlock a world of investment opportunities across stocks, bonds, NCDs, and more with our diverse asset offerings.
- Secure Transactions: Feel secure with our strong security protocols, protecting your transactions and confidential data.
Bajaj Broking, a wholly owned subsidiary of Bajaj Finance Limited, is an omnipresent full-service stockbroking firm offering a number of tools catering to both beginners as well as seasoned traders.
How to Open Demat Account with Bajaj Broking
Opening a Demat account with Bajaj Broking is remarkably easy and can be done in just a few simple steps.
Head over to the Bajaj Broking website or download the Bajaj Broking app from the Android or Apple app store to begin.
- Enter your mobile number and verify with the OTP.
- Fill in the online Demat account opening form.
- Upload the required KYC documents.
- Complete the In-Person Verification (IPV) process.
- E-sign and submit your application.
You will need to keep a few documents handy at the time of opening your Demat account:
- PAN Card
- Identity and Address Proof (Voter ID, Driving License, Aadhar Card, Passport)
- Bank Account Proof (Cancelled cheque, Passbook, 6-month Bank statement)
- Photo (Selfie)
Now that you know how to open demat account, let us understand the charges associated with opening a demat account.
Fees and Charges to Open a Demat Account Online
Bajaj Broking offers free Demat account opening with its Freedom Pack. The annual maintenance charges (AMC) are free for the first year.
The broker also offers various subscription packs customized to your needs. If you trade frequently and want to save big on brokerage fees, you can explore the Bajaj Professional Pack that offers trading in all segments for ₹10/order.
In Conclusion
Opening a Demat account with Bajaj Broking is an excellent choice if you are seeking low brokerage trading and a seamless online experience. With various subscription plans, secure transactions, and expert research assistance, Bajaj Broking stands out as one of the top choices for your investment needs.
Get your free Demat account today and unlock a world of investment opportunities.
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