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Sharekhan Demat Account Opening Charges and Details

Sharekhan Track Record Of Best Online Stock Broker In India

  • Life

    4

    Company Rating

  • Life

    540+

    Cities Covered

  • Life

    4 Lacs +

    Orders Per Day

  • Life

    60K Crore

    Daily Turnover

  • Life

    2.0 Millions

    Our Client Base

  • Life

    4.2

    Mobile App Rating

  • Life

    4

    Company Rating

  • Life

    540+

    Cities Covered

  • Life

    4 Lacs +

    Orders Per Day

  • Life

    60K Crore

    Daily Turnover

  • Life

    2.0 Millions

    Our Client Base

  • Life

    4.2

    Mobile App Rating

 
 
 

Sharekhan Account Opening Enquiry


 
 
 
 

Sharekhan Demat Account Opening Charges and Details

Sharekhan is one of the largest stock brokers in India and is ranked as 3rd among the most famous stock broker. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. The stock broker provides its services to all kinds of customers that includes investors, traders, corporate, institutional and NRIs. It provides its trade execution facilities for the Equity Cash and derivatives segments on BSE and NSE, commodity facilities on MCX and NCDEX.
Sharekhan is a very successful stock broker in India which has shown an incredible growth over the last 10 years. It has an excellent trading platform with the chain of franchises located in almost every part of India. It also has an international presence in UAE and Oman.
It is considered as the finest investment portal for the Indian Stock market. It is a well-designed website that provides a broad range of investment options, share market news, research reports, stock quotes, fundamental and statistical information across equity, mutual funds, IPOs and much more. It has redesigned its application by keeping the user requirements in mind. It provides the extensive feature for both the traders and investors alike. It allows its users to start trading easily and keep track of the stocks and manage portfolios and all of it at one place.

Demat Account Opening
Sharekhan provides a 2-in-1 account facility to its customers. This means trading and demat accounts can be opened and handled altogether at once. It also provides prepaid and post-paid trading brokerage plans for a broad range of investors and traders.
Key Features of Demat Account
1. It manages your account online.
2. It transfers the securities online.
3. It provides the ability to manage the account simply by visiting the local branches.
4. It provides seamless transactions between the trading and demat account.
5. It provides the auto deposit of the dividends in the linked bank account.
6. It can link up to 5 demat accounts to a single trading account.

Documents Required for Opening a Demat Account with Sharekhan
A certain set of documents is required to open a demat account with Sharekhan. The document list is shown below:
1. PAN Card Copy.
2. Residence Proof- Aadhar card, Ration card, Passport, Driving License, Bank statement (Minimum 2 months old)
3. A cheque lead with name printed on it or 2 copies of the first page of passbook and the latest transaction entry with the latest bank statement.
4. Passport Size photographs.
5. Copy of ITR.
6. Bank statement of last 6 months.
7. Latest Salary slip.
8. A form 16 copy in case of salaried individuals.
9. A net worth certificates duly certified by a Chartered Accountant.

Charges for Demat Account Opening
The customer is required to pay demat account opening charges. The broker also charges an Annual Maintenance Charge (AMC), a yearly fee to maintain the demat account but Sharekhan is providing the demat account opening for free and the AMC charges fully adjustable against brokerage. Thereby allowing you to save up to 70% on brokerage.

Service

Charges

Demat Account Opening Fee

₹0

Demat AMC

₹400 (Free for 1st year)

 


The AMC charges are zero for the basic demat account with a balance of up to ₹50,000. Those who have holdings of Rs. 50,001 to 2 lakhs have to pay anything from ₹100 to ₹750, depending on the transaction customer makes.

Account Opening Procedure
The account can be opened with Sharekhan by two methods i.e. Offline and Online. Both the methods are described below:

Online
The online method for opening an account with the broker can also be called the “Request a call back” process. Sharekhan does not provide the submission of application forms and documents online.
Steps to open account online are:
1. Visit the official website of Sharekhan.
2. Click on “Open an account”.
3. Fill in your contact details to request a call back.
4. Sharekhan advisor will call you and guide you for further process.

Offline
This process is considered as the traditional account opening method where you need to visit the Sharekhan’s franchise or office.
1. Find a branch near your office and visit it.
2. The sales representative will guide you in opening the Sharekhan Demat account.
3. Ask the representative for a detailed demo of the services offered by Sharekhan before beginning the account opening process.
4. You can also call the nearest branch to fix the meeting with them.

Conclusion
Sharekhan is one of the most reliable stock brokers in the trading/investing industry. The customers can keep their fixed deposits as collateral for trading in the futures and options with the broker. The Sharekhan demat account provides seamless trading experience to its customers. This is beneficial for the budding investors as they can trade and learn the basics for the same. It offers a variety of stock market options along with the reasonable annual maintenance charges. It is built to suit the requirements and goals of the different clients.

Frequently Asked Questions


In case the customer forgot or lost their Sharekhan Login Id then they can get it back on their mobile or mail id at any time just by submitting an online request. Steps to recover Sharekhan Login ID are: • Visit the Sharekhan Website. • Select the login or trade option in the top right. • Click on the Forgot Id. • Now, check on login Id. • Enter the mobile number and mail. • Validate the Captcha code. • Click on the Submit Option, then the login will be sent to their mobile or mail as per their choice.
Yes, Sharekhan offers mutual funds SIP services.
Good-For-day is the validation period of order with Sharekhan. The orders that are placed under GFD are valid until the market closes on the day of the placing order and it will be executed as soon as the set price is available.
No, Sharekhan do not offer the forex trading facility.
Sharekhan is known for bringing the new and innovative ways of investment. It helps its customers to earn more profits in the near future. It is a very trustworthy firm and one must feel safe being under them.
Trade Tiger is the Sharekhan desktop trading platform.
Sharekhan works on various platforms and this makes it very convenient for the users. It provides a pretty solid mobile trading facility. The platform works on high speed advancement and gets the work done in no time.
In order to open a trading account with Sharekhan, the account opening is free.
Sharekhan offers four types of accounts to suit the customers need: • First Step (For Beginners) • Classic (For Investors) • Trade Tight (for Active Traders) • Advisory (For HNIs)
Yes, while the bidding for the IPO shares is open, the customers can modify or cancel the IPO application placed online.
Pay-in options include Cheque, Online Bank Transfer via IMPS, NEFT or RTGS, UPI, Net banking/Payment Gateway from Reliance Smart Money Platform. Pay-out/Fund Withdrawal- Bank Transfers only.
Sharekhan is a depository participant with both NSDL and CDSL depositories. The customers can choose from one of the depositories at the time of account opening. The Sharekhan DP Id on which depository you have the account with. Sharekhan DP Ids for NSDL and CDSL are: NSDL DP Id: IN300513 CDSL Id: 12036000
No, Sharekhan is not free. The company charges brokerage and other fees for its services.
It is a part of Stop Loss order. When an individual places a stop loss order then you are required to enter two types of prices i.e. Trigger price and Limit Price. The stop loss order gets activated when the price of a security reaches or crosses the trigger price. The order is executed at the limit price as mentioned.
Yes, Sharekhan provides day trading and it increases the chance of doing excellent business of luring the customers in who are just as willing to put their money into action.
There are two ways to open an account with Sharekhan: • Request a call back from Sharekhan representative for account opening. • Now, visit the local branch or request a call back and their sales representative will call you in some time.
No, the users can’t utilize the trading account allocated funds for IPO. But they can transfer fund between the trading account and IPO account.
Yes, this stock broker provides news and live market alerts.
No, Sharekhan does not allows to have multiple trading accounts with the same.
Yes, Sharekhan provides the quarterly reports of equity and mutual funds.

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