A Demat account, an abbreviation for Dematerialized account, is an electronic depository account that lets you store the shares purchased in the Indian share markets. It is one of the mandatory needs for an investor to trade in the Indian markets, no matter where they are based at. There are two types of Demat accounts: resident Indians and the other is for Non-resident Indians. This blog talks about how we Tradeplus, as a leading discount brokerage firm, can help you open a Demat account and the benefits of opening an account with us.
NRI Demat Account with Tradeplus
Tradeplus is one of the pioneers in offering Demat accounts for Non-Resident Indians. We know the hassles you must face as an NRI while investing in the Indian share markets, which is why our service is more focused on providing you with smooth access to the Indian markets. Our specialty service is 4-in-1, which provides you with a PAN card in addition to a Trading account, Demat account, and Bank savings account, all tailored specially for NRIs.
Advantages of opening a Demat Account with Tradeplus
- Trade Intraday like a Resident Indian
- Buy Today Sell Tomorrow (BTST)
- No PIS Account, huge savings on PIS charges
- Lowest Brokerage Trading in F & O @ just Rs.49/- per traded order
- Access to world-class Trading and analytical platform
- Avail funding facility on Equity investments
How to open a Demat account with Tradeplus?
Opening a Demat Account with us is an entirely paperless process and can be done in 15 minutes. It requires minimal documentation and can be done in the five simple steps mentioned below
Submit your basic details in the ‘Request a Call’ section. Our Executive will call you as per your convenient time to introduce you to the system and clarify all your queries (or) You can also contact or ping our executives at +91 7338822169 / +91 9962017077 / VOIP – +1 914 3687760 (between 9 am to 6 pm – IST)
You can open a completely paperless online account (Aadhar based) in 15 minutes. If you do not have an Aadhar card, we will email you the filled-up Account Opening Forms required to Trading with us. You can verify and sign the forms.
You can link any of your NRO bank accounts in India with your trading account. If you do not have a bank account, we can assist you in opening the required accounts with our Partner banks
Once we receive your signed forms, we will open the Bank account (if you opt to open a new one), Demat account, and Trading account in that order. Note: If you prefer to open NRE account, PIS bank account becomes mandatory and we will assist you in opening that too.
Our Trading platform in EXE, WEB, and Mobile versions is super easy to use. If you would like, our Executives can also give you a quick demo to help you get started.
We also offer other NRI services apart from opening a Demat account, and you can know about them all here.