DMAT/ PAN card query

hey guyz ... i have dis very basic problem..i cudn't find it on da other threads so i decided 2 post it cuz i really need an answer..im 19 nd want to get in2 stocks ...obviously i have 2 create a dmat accnt ..but 4 dat i need a PAN card..can i still get a PAN card even thought im a student ie not working..i was readin the PAN card application and it asks for your job details..r those feels mandotary ...i apologize if i posted this in da wrong place ..im new over here

Hi
Best to go see a Chartered Accountant. Fee is 100 rupees for PAN card application and I don't think you need to have income to apply. It takes a few days to a week.

However, you don't need a dmat account to 'get into' stocks. You can learn and paper trade until you are confident in your ability to be consistently profitable.

Search for beginners guide on this discussion group for some great info on beginning all in one place.

Hope this helps.

Yes you can get a PAN card. Though I think there is some provision for those not having the PAN card, it is strongly advised that you get the card because it will be useful for many important paper work arising in the future.

You don't need to be salaried to have a PAN card.

pan card may be applied by students also. there is no necessity that you should earn some income.

for opening a demat account, PAN card is a MUST.

Yes u can aplly for PAN card online. If u r interested to know how to apply for PAN card online visit here..http://pancardonline.in/pan-card-online-apply/

You can easily get PAN online or through an Agent. It hardly costs around Rs.200, which includes the processing fees and more. You are required to submit your identity proofs, photos, and related documents to get one.
Even if you are not working, you are able to get a PAN Card.
Once you get the PAN Card, you may follow this procedure to get a Demat and Trading account

To open a trading / demat account, follow the following process:

1) Approach a BSE and NSE registered stock broker.
2) Fill up the KYC form provided by the stock broker.
3) Attach the required documents – (i) identity proof and (ii) address proof.
4) Produce the original PAN card during account opening.
5) For Derivatives segment (i.e. futures and options market), 6 months account statement of your existing bank account is required.
6) One cancelled cheque of the bank account you want to link to your trading account.
7) 3 passport size photographs

You can visit brokers website of 5paisa.com, register your name, and an executive will guide you through the entire process.
And once you own a trading account, you can simply start trading.
To know more about the process, visit https://www.5paisa.com/knowledge-centre/article/detail/how-to-invest-in-stocks

You can easily get a PAN Card. I too got the PAN card at the age of 18 while I was a student. Try to get it and start investing in stocks at the earliest. It cost you only Rs.105/-. You can apply it online from NSDL here https://www.onlineservices.nsdl.com/paam/endUserRegisterContact.html

Demat Account or dematerialized account provides the facility of holding shares and securities in electronic format