If ny1 cud pls help me with the procedures on to opening a demat account..like what r the documents neccessary and the minimum balance into the account..and all dat.. PLS help
A PAN card , address and Identity proof are the basic requirements to open a demat account for resident indians. Why don't you approach the broker you have decided on for further details.
It is essential to get a demat account for trading as most trades nowadays take place in dematerialised form. It is an account opened with a bank or a broking firm to buy or sell shares or invest in exchange-traded funds.
Normally the Documents required to open demat account are followings
[*]PAN Card.
[*]Proof of residence You can provide any one of the following for this Driving license/ Voter ID / Passport / Photo Credit Card / Photo Ration Card / Telephone Bill / Electricity Bill / Bank Statement.
[*]Proof of identity - You can provide any one of the following for this Driving license / Voter's ID / Passport / Photo ration card.
[*]photographs.
For instant demat account opening service go to opendemataccount.in