Sharekhan Demat Account is the primary service that is provided by this Pan India based share brokerage house. The Sharekhan Trading Account is one of the most used trading accounts in the country as well because of the various offers it provides to the clients and the range of facilities.
In this article, we will discuss all these benefits of each of these two accounts offered by Sharekhan and also other information related to the charges and account opening and different frequently asked questions about these services rendered by this firm.
|Depository Participant||NSDL & CDSL|
|Account Opening Charges||Zero|
|Demat AMC||Free or Rs.300 per Annum|
What is Sharekhan Demat Account & its Benefits?
Sharekhan Demat Account is the facility provided by the premier stock brokerage house Sharekhan for facilitating the trading activity of traders and investors. The Demat account offered by Sharekhan is linked to the NSDL as well to the CDSL.
Demat account is required for storing the shares that one trades and invest in the share market. The Demat account of Sharekhan is linked to the trading account provided by the firm and also with the client’s bank account.
All three accounts work together to complete a transaction in the share market along with the depositories mentioned above.
Highly demanded and availed perks of Sharekhan Demat account are as follows:
- Multiple brokerage schemes are offered to the clients which enables them to save a lot of brokerages and optimize their profits from the trades.
- There are no charges for the DP transactions on the Demat account of Sharekhan. The shares can be transferred free of cost from the DP account of Sharekhan.
- There is a facility for keeping your fixed deposits as collateral for trading Derivatives like futures and options.
- The firm does provide various online and classroom training sessions for the traders and the stock market enthusiast apart from providing the Demat and trading services.
- This is a full-service brokerage house, so they provide research and advisory services with their Demat and trading facilities. This helps the investors and the traders to trade with more accuracy and confidence and also saves time on research.
Open Demat Account with Sharekhan Now! – Fill up the Form[contact-form-7 404 "Not Found"]
What is Sharekhan Trading Account & its Benefits?
With Sharekhan Trading Account you can trade different types of the financial instrument offered by the firm. Whether you want to trade equities or commodities, you can use this one trading account to trade them all.
It is easy to diversify your investments across segments using the Sharekhan Trading account. The trading account is required for placing the trading orders – buy and sell orders (with other advanced order facilities).
Associated perks of using the trading account of Sharekhan are:
- With the trading account offered by Sharekhan, you will receive access to the different trading platforms offered by the firm for trading online. You can trade from the comfort of your home by downloading the terminal based trading platform and you can trade on the go using the mobile or the browser-based trading platforms. These are highly advanced platforms that provide ease of trading and security at the same time.
- There are no extra charges for transferring funds from the bank account to the trading account and vice versa. This saves the investors from incurring extra expenses and in turn maximizes the profit margins.
- There are call and trade facility available as well
- You can find many branches, franchises of this share broker in your city as it has a huge network and presence all across the country.
You can check Demat Account details of other Brokers
What are the Sharekhan Demat Account Charges?
|Which is the Depository Participant involved?||NSDL & CDSL|
|What are the Demat account opening charges?||Zero|
|How much is the Demat Account AMC ?||Free or Rs.300 per Annum|
|What is the Trading Account AMC?||Free|
|What is the initial Margin amount required?||Zero|
|Is there any dematerialization available?||Yes|
If you are wondering about the Sharekhan Account Opening Charges, then you must know that you can open a Demat account with the firm for free. The account opening charge is nil. This reduces your expense list partially.
The Firm is a Depository Participant of NSDL and CDSL which are the two main depositories of the country. There are not many brokerage houses having this huge presence who offers free Demat account opening. The firm provides Dematerialization facilities to the investors as well.
How much is Sharekhan AMC or Annual Maintenance Charge?
The annual maintenance charges for maintaining the Demat account provided by the Sharekhan can be nil or Rs.300. Yes, there is no Sharekhan AMC on Demat account if you get the free AMC offer or you need to pay Rs.300 every year for maintaining the account with the firm.
There are no annual maintenance charges on the Trading account in general. The margin money requirement is also nil which is a huge benefit for the investors and the traders.
How to Open Sharekhan Demat Account?
Note down the steps to Open Sharekhan Demat Account:
- Click on this Demat account opening link on this page. A button of “Open Demat Account” is provided by the end of the page, and all you need to do is click on it.
- Fill the form that pop-ups on your device’s screen.
- Submit the form along with the scan copies of the documents required. You will need your Aadhaar card, PAN card, passport size photo and also a cancelled cheque.
- Wait for the executives to call and verify the details.
- Then if your application is approved, you will receive the login details in your email id and you can use the Demat and trading account and start trading.
Find out Demat Account Opening Process of other Brokers
General FAQs on Sharekhan Demat & Trading Account
Here are the general FAQs of Sharekhan :
Does Sharekhan provide a Free Demat A/C offer?
Yes, Sharekhan provides a free Demat account opening and this offers if given to every client.
Does Sharekhan provide Free Trading A/C offer?
Yes, the trading account is completely free with Sharekhan, you do not need to pay any amount for the Sharekhan trading account facility.
Is Sharekhan offering Discount on Brokerage?
Yes, there are different discount offers on the brokerages, and there are multiple brokerage plans as well.
Does Sharekhan offer Happy hour trading to their clients?
No, there are no such facilities provided by the stockbroker.
Is Sharekhan providing a flexible brokerage plan?
Yes, all the brokerage plans are quite flexible to suit different types of traders and investors’ investment budgets.
Sharekhan Demat Account – Conclusion
With Sharekhan Demat Account you can trade and invest in multiple asset segments and optimize your profits with their different brokerage schemes which are cheap and affordable. Avail for an account now, and enjoy everything the company has to offer.
Open Trading Account with Sharekhan Now! – Fill up the Form[contact-form-7 404 "Not Found"]
Here are full demat account review of other brokers
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