Open Demat Account

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Open trading and Demat account online and start investing

Who doesn’t want to open a Demat account online and invest in the share market? Given that the share market investment provides better return and, of course, investors will prefer a marketplace that offers such opportunities. But do you know how can you take the initiative to invest your money in the share market? Of course, you can open a Demat Account, because that’s how you invest your money in the share market. If you are looking for all the knowledge about the Demat account and how you can open it by using its benefits, then you have come to a right place

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How to Open Demat Account

Open a Demat account through Profitmart, if you are looking forward to investing in the share market. We offer attractive brokerage plans, transparent transaction, advanced mobile trading application and expert guidance.

Fill and Verify your personal details

Complete all your KYC Process

Digitally sign your documents with e-Signature

What is a Demat Account?

Most of you may be thinking as to what is a Demat account? Demat is a short form of Dematerialized account. In the world of trading and investment, the term Demat account is commonly used.
A Demat account or a dematerialized account that holds financial security including debt and equity in an electronic form. There is two depository organization in the country, where you can open your Demat account. The two depository organizations are:

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National securities depository central

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Central depository services limited.

Benefits of Demat account from Profitmart?

In India, Profitmart is one of the best stock broker in India. One gets several benefits when one opens a Demat account through us. And some of the benefits are mentioned below:

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Fastest account opening process

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Attractive Brokerage

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Advanced Mobile Trading App

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Dedicated Relationship Manager

Documents required for opening a Demat account

Getting exposed to the basics of a Demat account, you should know about the documents required to open a Demat account. Here’s the list of documents that are required to open a Demat account

Identity Proof

To open a Demat account online you must have proof of Identity (POI) such as PAN card, Driving license, Aadhar card, Voter ID card, identity card issued by the State government or its department, etc

Address Proof

The acceptable documents include a voter ID card, ration card, passport, telephone/electricity/gas bill, Bank account statement or passbook, driving license, flat maintenance bill, flat insurance copy, etc

Income proof

You must have proof of income (For trading in derivatives such as F&O) such as a Copy of ITR Acknowledgement, salary slip, Bank account statement it of last 6 months, etc

Bank Account Proof

You should also have proof of bank account like a Bank account statement for the last 6 months, cancelled cheque, and a passbook.

Signature

Take a photo of your signature on white paper and ensure that it matches the signature on your PAN card

Photograph

To open a Demat account One Passport size photograph is a must. Make sure that the photograph is clearly visible and is the most recent

Why you should open a Demat account?

There are a plethora of reasons that necessitates opening a Demat account. Few of the reasons are

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Now you can only buy or sell equities in a digitalized form. The SEBI has made it compulsory for all the investors to buy or sell their stocks in a digitalized form. Thus, you need to open Demat trading account if you are a new investor.

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The cash balance can be tracked out from your Demat account. get track of news updates, announcements

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You can invest in a large number of securities including mutual funds of all types and from all the AMC’s (asset management companies), fixed deposits, bonds offered by Government and private entities, gold-related financial instruments, IPOs, etc

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A Demat account enables you to access the live market data. Also, you can make an in-depth analysis of your investments.

These are some of the major reasons because of which you can think of opening a Demat account online. Opening a Demat account is easy as Profitmart put their best effort to help the investors.

FAQs about Opening Demat Account

What is demat account?

A Dematerialised or Demat account is a form of holding financial securities such as shares in electronic format with a registered Depository Participant also knows as DP. National Securities Depository Limited and Central Depository Services Limited are two key depository services provider in the country. Seamless, hassle-free Demat account opening process is at the core of ProfitMart’s key business growth strategy.

What to consider before opening demat account?

It is imperative to know certain factors associated with the opening of Demat account which include the changes, annual maintenance fee, ease of access. The demat account opening process is nowadays completed through digital platform. Hence, the brokers should be able to carry out the entire e-KYC, verification and documentation process online. At ProfitMart, the technology ensures a seamless Demat account opening services.

What facilities you can avail by opening demat account?

Numerous facilities can be availed through Demat account; they are: tracking portfolio, transfer of shares, avail loan against shares, conversion of securities into different forms, availing corporate benefits such as dividend, interest or refund.