Prabhudas Lilladher Online Account Open Process, Forms and Fees


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Prabhudas Lilladher Online Account Open Process, Forms and Fees

Prabhudas Lilladher is a leading stock broker firm of India. Started its services in 1944 as a financial service provider such as home loans, instaloans, loan against property etc. and after getting membership of BSE in the mid of 1980-90s and later on NSE & MCX, Prabhudas Lilladher enhanced their services and now one of the best trading platform of India through which you can invest/trade in equity, F&O, currency, portfolio management services, mutual funds, commodity, US stocks and IPO etc. As, it is a SEBI registered stock broker and a proud member of NSE, BSE and MCX. PL is Depository participant (DP) of both CDSL and NSDL. Thus, it also provides free demat and trading account opening services.
PL offers many technically advanced and modern trading software which can be operated by any smartphone and desktop user from any place all over the India. You just need a demat/trading account with Prabhudas Lilladher to take the actual benefit of software. One can easily open their account and avail the services provided by them.

Prabhudas Lilladher Account Opening Charges:

Trading account opening charge


Trading account AMC


Demat account opening charge


Demat account AMC


Benefits of opening an account at Prabhudas Lilladher:

• Easy and online account opening service.
• Equity research team with a combined experience of more than 100 years.
• It provides both online and offline services to their customers.
• 24*7 customer support.
• PL has expert fundamental and technical research team.
• Many strong investment ideas are provided by them.
• SMS and e-mail alert service.
No hidden charges.
Rs.0 charges on account opening.
• NRIs are also eligible to open an account on PL platform.
• Facilitate you to invest in US stocks.

Documents required to open an account at Prabhudas Lilladher:

• PAN card
• Passport size photograph
• Cancelled cheque with name printed on it
• Address Proof (Aadhar card/ Voter ID/ Driving license/ Ration card/ Latest Utility bills)
• Bank account proof (Latest bank statement/ Passbook)
• Income Proof (Latest salary slip/ Form 16/ Last 6 months bank statement/ Income tax return)

How to Open an Account at Prabhudas Lilladher:

Follow the below steps to open an account at Prabhudas Lilladher:
1. Visit official website of ‘Prabhudas Lilladher’.
2. Click on ‘Open an Account’.
3. Enter your mobile number and submit.
4. Enter the OTP received on your mobile number and click on ‘Verify OTP’.
5. Enter your name and email address.
6. Enter the OTP received on your email ID and click on ‘Verify OTP’.
7. Enter your PAN card details and read and accept the terms and conditions.
8. Select the Segment and brokerage slab as per your choice.
9. Enter your bank account details.
10. Enable your location access for Geo location.
11. Upload the scanned copies of required documents and signature.
12. Allow the system to click your picture (a webcam is must if you are using laptop or desktop for the account opening process).
13. Check the captured image and click on ‘Submit’.
Note - After the completion of account opening process, verification team will contact you to verify the details and proofs. If any mismatch is found, you will receive an email regarding the same and for the further assistance.
Once all the details are verified, you will receive an email and SMS to complete your E-sign using Aadhar. Your Aadhar card must be registered to your mobile number for this.

Follow the below steps to complete E-sign:

1. View your application details by clicking on ‘View’
2. Click on ‘eSign’ and you will be redirected to ‘NSDL website’.
3. Enter your Aadhar number.
4. Enter the OTP received on Aadhar registered mobile number.
5. View PDF form and verify your eSign.
Shortly, you will receive account activation email and login credentials on your email ID.

Frequently Asked Questions

No, short selling is not permitted for an NRI. An NRI investor has to take delivery of shares purchased and give delivery of shares sold.
Prabhudas Lilladher levies an interest of 18% per annum on delayed payments and charges are debited to client DP ledger amount.
PIS stands for Portfolio Investment Scheme which allows NRIs to invest in shares of Indian companies.
Yes, collect account opening form from our representative near to your area, fill that form along with documents submit that form to our representative.
No, only a residing citizen of India are allowed to invest in currency derivative segment as defined in Section 2(V) of FEMA Act 1999.
No, only one name can be registered with trading account. You can open demat account with joint holders.
Max limit for IPO application is 2 lakhs per transaction on UPI.

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