How to Open Demat Account With Bajaj Finserv?
By following these steps, you can open a demat account and start trading or investing in the stock market.
Additional Tips
- Charges: Be aware of the account opening charges, annual maintenance charges (AMC), and transaction charges.
- Linking Bank Account: Your bank account will be linked to the demat account for seamless fund transfer.
- Trading Account: Often, a trading account is required along with the demat account for buying and selling shares.
Benefits of a Demat Account
- Safety: Eliminates the risk of physical damage or loss of certificates.
- Convenience: Easy and quick transfer of shares.
- Reduced Costs: No stamp duty on transfer of securities in demat form.
Example of Opening a Demat Account Online (e.g., with Bajaj Finserv)
- Visit the Website: Go to the official website of Bajaj Finserv.
- Sign Up: Click on the 'Sign Up' button.
- Enter Details: Provide your mobile number and email ID to receive an OTP.
- Upload Documents: Upload scanned copies of the required documents.
- Complete IPV: Follow the instructions for online IPV.
- E-Sign: E-sign the form using an Aadhaar-linked mobile number.
- Confirmation: Receive your account details upon successful processing.
See Also: Download Bajaj Finserv App
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