Aadhar Card / Passport/ Voter ID/ Driving License
Bank statement / Cheque / Passbook
Signature on blank white paper
A Demat account is one of the basic requirements to trade online. A Demat account allows investors to convert physical shares into the dematerialized format and hold them in electronic form.
Apart from shares, the Demat account can also hold bonds, ETFs, mutual funds, gold bonds, and other similar assets with a unique ISIN number.
For Individuals, documents required include:
Note: If bank verification fails, bank proof is mandatory to submit.
If you are opening an online A/c with us, then once your documents are successfully verified and e-Sign is done, your A/c will be activated within 1 hour. You would receive a welcome email to your registered email id once your account is activated.
If you have applied for an offline A/c opening and sent across your application along with the documents, it generally takes 24 hours for your account to be activated. Any discrepancies in the submitted forms or documents would delay the account opening process.
You can open All-in-one Investment Account. This is the right choice for you if you wish to invest in stocks directly as well as invest in mutual funds. You get a Trading A/c + Mutual Funds + Demat A/c. You can also open Only Mutual A/c, if you wish to invest only in Mutual Funds.
No, Demat account is not needed for Mutual Fund investments of any kind including SIP. It is compulsory only for trading in stock market.
It is advisable to get the allotment of an IPO in demat form as the shares issued are tradable only in the demat form. However, an investor has the option to apply and receive the shares in physical form. In any case, for all IPO of any security of issue size of Rs. 10 crore or more, issues have to be compulsorily be only in dematerialized form.
Yes, a Demat account can be opened in single or joint names. A maximum of 3 names can be added in the joint Demat account- 1 main holder and 2 joint holders.
The relationship managers are not only quick but they also make that extra effort to resolve all my queries properly. I also find the recommendations quite handy. They have helped me in each and every aspect of trading. Thanks SMC!
SMC Group is a complete solution for all finance needs & goals, a supportive team which is always available for any of our requirement and fully dedicated to the customer’s needs. Truly, a complete financial solution platform for everyone's need. I am very happy and satisfied with SMC. Thank You SMC for all the support.
SMC is one of the best brokerage service providers I have been associated with. I would like to specifically mention their mobile trading platform which is quick and efficient. Trades can be executed and confirmed in no time and the back office functions work very smoothly.
It has been a great experience of trading and investment across all segments with SMC since 2011. SMC research has made my trading & investment strategy far easier and helped me to grow financially over these years. A very positive, supportive and experienced staff has always been there for any help and guidance.
SMC is a trusted name in the industry and they strongly believe in customer relationship. Besides, their robust trading platform, simple and easy website, Portfolio Health Checkup and customer support are the key USPs