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Navkar Direct Demat Account Opening, Trading Platform and Reviews 2024

 
 
 

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Navkar Direct Account Opening Process and Charge Details 2024

Navkar Share & Stock Brokers Private Limited, established in 1999, provides top-notch investment services. Navkar Direct, which has its headquarters in Ahmedabad, is a financial products company that specializes in equity, commodity, currency, depository, initial public offering (IPO), SLBM, and mutual funds, among other products. For offering these services and products, Navkar Direct obtained stock exchange and depository memberships from the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and Central Depository Services Limited (CDSL). Navkar Direct has grown from serving a small clientele of 100 to a substantial base of over 15,000 clients under the visionary leadership of its founder and director, Mr. Pradip B. Shah, a seasoned professional with over 31 years of experience in the financial services industry. Navkar Direct focuses on transparency in operations and a continuous focus on leveraging cutting-edge technology and infrastructure. Navkar Direct extends its reach across more than 25 towns and cities, catering to the diverse needs of both retail and high-net-worth individual (HNI) clients with precision, swiftness, and superior services.


Navkar Direct Account Opening Charges

Navkar Direct demat account and trading account opening charges are as follows:

Account TypeCharges
Demat Account Opening Charges₹0
Demat Account AMC Charges₹300 per year (Individual account)
₹1200 per year (Corporate Account)
Trading Account Opening Charges₹0
Trading Account AMC ChargesNA


Required Documents for Opening Accounts with Navkar Direct

You need to submit the following documents for opening a demat and trading account with Navkar Direct:

1. Aadhar card

2. PAN card

3. Bank Account Details and Income Proof

4. Address Proof

5. Passport-size photo


Navkar Direct Account Opening Process

Navkar Direct provides both online and offline account-opening processes for customers to open demat and trading accounts. Customers can choose any account opening method. With the online account opening process, customers can open demat and trading accounts through their smartphone or laptop by submitting the required documents for KYC. With the offline account opening process, customers will need an account opening form. They can download the account opening form from Navkar Direct's official website. After downloading the account opening form, fill out the form, attach all required documents, and visit the nearest Navkar Direct branch office. The customer care executive will assist you in the account opening process.


Navkar Direct Customer Care Contact Details

If you have any queries or issues about Navkar Direct services and products, then you can contact the Navkar Direct customer care support team through their contact number or email. Navkar Direct customer care contact details are as follows:

Phone: (079) 2692-2424

Email: helpdesk@navkardirect.com


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Frequently Asked Question

The Stock Lending and Borrowing Mechanism is referred to as SLBM. A trader has the option to both lend their own stocks and borrow shares that they do not currently own through stock or security lending and borrowing (SLB). In this way, a trader can earn a lending fee for the stocks.
Besides mutual funds and IPOs, Navkar Direct also provides other financial products like equity, commodities, currency, derivatives, and SLBMs.
Demat Account Opening Charges are Rs. 0 in Navkar Direct.
Navkar Direct obtained memberships from the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and Central Depository Services Limited (CDSL).
Mr. Pradip B. Shah is the founder and director of Navkar Direct. He has more than 30 years of experience in the financial industry.
Yes, you can trade in both equity and commodity markets with Navkar Direct.
Yes, customers are able to open multiple trading and demat accounts with different brokers, but they are only allowed to maintain one account per broker.
Yes, Navkar Direct offers a mobile trading app called “Stoxplus.”
Navkar Direct is a stock brokerage firm registered with financial institutions under the name Navkar Share and Stock Brokers Private Limited.
Navkar Direct offers trading and investment services, such as equity trading, commodity trading, currency trading, mutual funds investing, IPO investing, etc.
A soft copy of the following documents is required in order to open an online account with Navkar Direct: i. ID proof (PAN card) ii. Address proof (Aadhar card/Voter ID/Passport) iii. Passport size photo; iv. Scanned signature; v. Income proof
Navkar Direct has branch offices in around 25 towns and cities across the country.
Yes, Navkar Direct provides educational resources for investors.

Navkar Direct Reviews