Sharekhan, one of the leading full-service brokers of India offers many products and services. For those who are looking forward to trade and invest, here is the detailed review of the Sharekhan Demat Account.
Before digging deep into its detail, let’s first know a brief about Demat Account.
In simple terms, a Demat Account is where you can secure your physical shares into electronic form.
Thus, with the Demat account, you are not required to take physical possession of a share certificate to prove your ownership.
For opening any Demat account, you need to submit a few documents.
The documents are almost the same whether you want to open an individual or joint Demat account, corporate Demat account, NRI account.
Make sure you submit the self-attested documents listed below:
Proof of Identity
PAN Card with a photograph.
Unique Identification Number (Aadhaar)
You can submit any identity card having a photograph and that is issued by the State or Central Government or its department, Public Sector Undertakings, Scheduled Commercial Banks, Public Financial Institutes, etc.
Proof of Residence
Voters ID Card
Registered Lease or Sale Agreement of the Residence
Bank Account Statement (not more than 3 months old)
Cancelled Cheque to verify bank account details
For investors thinking of investing in Derivatives or commodity market, then they need to provide the following documents:
IT Acknowledgement Copy
Bank Statement for the last 6 months
Stock Holding statement
Certificate provided by the CA to verify the net worth.
Here is the list of documents required to open a Demat account under various categories.
Not only you get access to the use of the mobile trading app of Sharekhan on opening an account, but also the access to the refer and earn demat account. Under this program of the broker, you get the chance to earn additional money.
The refer and earn demat account program of Sharekhan allows you to earn Rs 400 on every referral you provide to the broker. You can simply use this offer via their mobile or web trading app.
Once the referral opens an account with the broker and trades using the Sharekhan trading app you earn the amount of Rs 400.
Since Sharekhan charges the AMC charges of ₹ 400 plus taxes. If you are not using your Demat account for more than three months or thinking to move to another broker to open a Demat account, then it is highly recommended to close the Demat account with Sharekhan.
Want to know how to close Sharekhan Demat account, then follow the steps given below:
Visit the nearby branch.
Clear all remaining balances and return the unused offline Demat transaction slips.
Fill the account closure form
The account closes in 7 working days and the confirmation letter is sent to the customer within 15 days.
Make sure you receive the confirmation message regarding the account closure, else contact the local branch where you submit the request.
Before closing the form, here are a few important things that you must consider.
Sharekhan offers a number of channels to come across the complaints of its customers and to offer them the best services.
You can contact Sharekhan via different communication platforms like:
Its best customer support services ensure better credibility and improve the quality
Sharekhan Demat Account Contact Number
If you want to avail of the information regarding any of the services of Sharekhan then go ahead by contacting them through any of the means available above between 10 AM to 7 PM on weekdays and between 10 AM and 4 PM on Saturdays.
Get detailed information on various platforms in the table below.
Sharekhan Contact Details
7506651115, 7506651114, 7506651113, 7506651112
1800 22 7500
Sharekhan gives you many reasons to open a Demat account with it.
Some of the reasons are:
Complete customer support while opening an account
It provides an investor classic program that offers a seamless platform to manage the investment with the click of a button.
Offers best facilities like; 24 hours market access, activated online fund transfer, international market research, multiple exchanges. Unlimited charts.
Provides comprehensive Portfolio Management Services that are managed by experts.
Sharekhan provides trader and investor education that helps them to meet the specific needs of the investor.
In case you are looking to get started with stock market investments and trading, just fill in a few basic details in the form below. We will assist you in the next steps ahead: