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Apollo Money Demat Account Review

 
 
 

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Apollo Money Demat Account Review

PSB Securities Limited is now Apollo Money, a dynamic financial institution incorporated in March 2009 with its registered office in Chennai. Apollo Money boasts corporate memberships with major financial exchanges, including the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi-Commodity Exchange (MCX), and National Commodity & Derivatives Exchange (NCDEX), and is a depository participant of Central Depository Services Limited (CDSL). Apollo Money is expanding its direct retail-focused low-discount brokerage schemes after initially focusing on proprietary trading and serving high-net-worth individuals. PSB Securities offers a robust trading product suite with unique features. Apollo Money provides online and offline processes for opening demat and trading accounts. Currently, Apollo Money is offering financial services and products to more than 1.75 lacs customers worldwide. Apollo Money has a presence in 800 locations in different cities across the globe through its 200 branch offices and 600 franchises.


Apollo Money Demat Account Opening Charges Details

PSB Securities demat account opening charges are given below:

Account TypeCharges
Demat Account Opening Charges₹0
Demat Account AMC ChargesRs. 300 per Year (Individual)


Required Documents for Opening Demat Account with Apollo Money

1. Proof of Identity – Copy of PAN Card

2. Proof of Address – Aadhar Card, Passport, Ration card, Voter’s ID, Driving license, Electricity bill (Copy of any one) 

3. Bank Proof - Copy of Bank Pass Book or Personalized Cheque Leaf (the most recent 6-month bank statement is required for customers who wish to transact in the Futures & Options segment).

4. The latest passport-size color photograph


Apollo Money Demat, Remat, and Other Charges Details

ParticularsCharges
Demat Charges₹50 per request
Remat Charges₹50 per request
Transaction (Debit)Rs. 20/- per instruction
Pledge CreationRs. 50/ Request
Pledge Creation ConfirmationRs. 50/ Request
Pledge ClosureRs. 50/ Request
Pledge Closure ConfirmationRs. 50/ Request
Pledge InvocationRs. 50/ Request
Failed instruction charges₹0
Delivery Instruction BookletRs. 50/ Request
Courier chargesRs. 50/ Request


Apollo Money Customer Care Contact Details 

If you have any queries regarding the demat account opening process, you can contact the Apollo Money customer care support desk for help. Apollo Money customer care contact details are as follows:

Phone: 044 71300320  /  71300324  /  71300395

Email: registration@apollomoney.com


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Frequently Asked Questions


Yes, Apollo Money Brokerage provides educational resources for investors.
Yes, PSB Securities Limited offers research reports on specific stocks like equity, mutual funds, etc.
Yes, Apollo Money Broker provides users with a detailed transaction history. You can easily track your past transactions, view exchange rates, and monitor your account activity through your personalized dashboard.
Demat Account AMC Charges in Apollo Money broker is Rs. 300 per Year (Individual).
For any further assistance, you can reach out to our customer support team via email at registration@apollomoney.com or through the contact form on our website. We are here to help and ensure a smooth experience for all our users.
Customer care number to contact the broker Phone: 044 71300320 / 71300324 / 71300395.
Yes, Apollo Money Broker prioritizes the security of your financial transactions. We use advanced encryption and authentication measures to safeguard your data and ensure a secure environment for all users.
Yes, Apollo Money provides investment advisory services.
Signing up for Apollo Money Broker is simple. Visit our website, click on the "Sign Up" button, and follow the registration process. You will need to provide some basic information to create your account.
Demat Account AMC Charges in Apollo Money Broker is Rs. 300 per Year (Individual).
Yes, you can invest in IPOs through Apollo Money Brokerage.
Apollo Money Broker is a financial platform that facilitates seamless transactions and currency exchanges. It's designed to provide users with a secure and efficient way to manage their money across different currencies.
Documents needed are Proof of Identity, Proof of Address, Bank Proof, latest passport-size color photograph.
Apollo Money Broker Private Limited was founded in 2009.
Demat Charges in Apollo Money Broker is ₹50 per request.
Demat Charges in Apollo Money Broker is ₹50 per request.
Yes, Apollo Money Brokerage provides a mobile app called the “Mobile trading application” for trading in the stock market.