Ventura Demat Account

Ventura Securities another popular Mumbai based full-service stockbroker was incorporated in 1994. Similar to other brokers it offers a wide range of investment products to its customer. To reap the best services of the broker it is good to open the Ventura Demat Account.

Before diving into the details of the Demat Account services of the firm let’s share the brief detail about the broker.

Ventura Securities, as already discussed, is a full-service stockbroker offering advisory services to Foreign and Domestic Institutions and high net worth and retail investors.

Having a powerful knowledge in the derivatives market in the country, the firm offers trading services in different segments like Equity, Commodity, Futures, Derivatives, Currency, Mutual Funds, Insurance, etc.

Being a Depository Participant of NSDL it offers a 2-in-1 account that includes trading and demat account.

Curious to know about the Ventura Demat Account Process and Benefits! Here we are with a complete packet of information. Grab the maximum details and make the best investment decision.

Ventura Demat Account Review

Ventura Securities offers a 2-in-1 account thus offering trading and Demat Account in combination.

Although the services and benefits of opening the Ventura Demat Account almost similar to other leading stockbrokers unlike them it offers some unique scheme.

The broker offers four different Demat Account scheme. Two among them are with POA while the other two are without a POA. The customer can choose either of them as the broker offers a seamless way to switch between the two different types.

With the Ventura Demat Account, the customer can avail the benefit of Zero AMC Charges after paying a one time amount of ₹3000 to the broker while opening the account.

The firm offers technology-based trading platforms that enhance the trading experience of the customers. These platforms can be accessed from Desktop, Laptop, and even from the mobile phone.

With the fast and fully automated services, the broker help the clients in holding their shares safely and securely. Also, the broker does not charge any Stamp duty on the transfer of securities from the Demat Account and credit the Dividends automatically to the linked bank account.

The research team of the broker stays active and offers regular insights on the market to customers. This helps them to make the calculating decision and help the trader to make an efficient and profitable decision.

No wonder the broker comes with advanced technology to enhance the user experience to do trade in a smarter way.

Below are the opening process and charges associated with the Ventura Demat Account.

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Ventura Demat Account Opening

If you are willing to trade in Ventura Securities than the first step is to open the account with the firm.

Again the broker offers the customer-oriented services and provides both online and offline way to open the Demat Account.

To open the account online, one need to visit the website and follow the instructions while for the offline process, the customer can visit any of the nearby branch in their city.

Ventura Demat Account Opening Online

Here are steps to follow to open the Demat Account with Ventura:

1. Visit the website and click on”Open Demat Account”
2. As you click a form will appear. Mention all the required details like name, phone number
3. Upload all the essential documents including the latest photograph and other related documents for KYC process.
4. Once done, a call will be arranged from the broker who will then verify all the details entered by you.
5. On the complete verification of documents and details the confirmation email will be sent to you along with the login ID and password.

Ventura Demat Account Opening Offline

For those who want to open the Ventura Demat Account manually, here is the way. You can open the account offline by visiting the nearest branch or sub-broker office.

Here is the process:

1. Ask for the application form from the branch office or download from the website and take a print.
2. Enter all the details and attach the KYC documents like PAN Card, Aadhaar Card, etc.
3. Along with this submit the bank account statement and document proof.
4. Get all the documents verified by the executive manually.
5. On approval, the login details will be sent to you in your registered email address.
6. Choose the scheme and demat account plan you want to proceed trade and start trading without delay.

In either of the process of account opening with the broker, you can opt for the scheme of opening an account with or without a POA.

Signing the POA allows the trader to sell shares and giving the broker the authority to the broker to sell or pledge of shares on behalf of its customers.

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Willing to open the Demat Account

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Ventura Demat Account Opening Documents

Every stockbroker demands certain documents to process the account opening application. These documents are essential for KYC updates and for seeking the bank details that the customer chooses to link with their Demat Account.

Below is the list of documents required for opening Demat Account:

Identity Proof

• PAN Card
• Aadhaar Card
• Passport
• Voter ID Card
• Driving License

Address Proof

• Ration Card
• Voter ID Card
• Registered or Sale Agreement of Residence
• Driving License
• Utility Bill like Telephone or Electricity Bill
• Bank Account Statement

Income Proof

• Bank Statement
• Salary Slip
• ITR
• Form-16

Canceled Cheque

Passport Size Photograph

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Ventura Demat Account Login

Since many traders these days rely on smartphones and laptops for trade, and therefore, Ventura offers the best trading experience through its trading apps.

Once you open a Demat Account with Ventura you would be able to access these apps with the user ID and password sent to you via email.

You can use the same user id and password to login to the apps, back-office, and other platforms of the broker.

You can also change the password and reset a new 2FA password of your choice.

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Ventura Demat Account Charges

Since the broker offers different schemes of Demat Account and therefore there are some differences in charges for opening the Demat Account under different schemes.

In general, the company does not charge anything for the account opening and thus one can open the free demat and trading account. 

Similar to the account opening fees, the Demat account AMC charges are also zero that makes the broker unique and perfect choice for traders.

But for the Demat Account with POA under Scheme A, the customer has to pay a sum of ₹400 per year as the annual maintenance charges.

Along with this the margin money is also the least and is equal to ₹1000.

Here is the brief on the Demat Account Charges of Ventura.

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How to Close Ventura Demat Account?

Closing any Demat Account is quite tedious as compared to the account opening process. For the Ventura Demat Account with POA charges under certain schemes the AMC charges of ₹400 plus taxes.

This is applicable if you keep your account active irrespective of its use. So, if you are not using your Ventura Demat Account it is good to close the  Demat Account account to avoid paying the AMC charges in the future.

Before closing the account, make sure that you clear all the dues and there is no securities held in your account. In case, there is any then transfer it to another active demat account.

Once you are done with the formalities of the closing account, you can proceed further.

Ventura Demat Account Closure Form

Ventura Demat Account can be closed only via offline method and therefore you have to either download the form from the website or collect it from the nearest branch.

Once you have a form, follow the steps given below:

1. Take the print out of the form and fill all the details.
2. Submit it to the nearest branch office or send it via courier.

On submission, your account closes in 7-10 business days.

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Ventura Demat Account Advantages

If you are impressed with the charges and other services of the firm and looking forward to opening the Demat Account with Ventura, it is good to know a little more about the firm.

Here we have listed some of the advantages followed by disadvantages that helps you in making the best decision.

1. Ventura is the Depository Participant of NSDL that makes it a reliable brokerage firm.

2. Opening a Ventura Demat Account makes you accessible to reap the investment benefits of a wide range of financial products like Equity, Commodities, Mutual Funds, etc.

3. It offers the facility of seamless fund transfer by collaborating with some of the top banks like HDFC, ICICI, SBI, Axis, Bank of Baroda, IDBI, etc.

4. The broker offers complete assistance and facility of trade through the trading platform that provides complete information regarding the stock price etc.

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Ventura Demat Account Disadvantages

Although the firm offers innumerable benefits but has some drawbacks as well. Here are some of the major disadvantages of the opening the Ventura Demat Account.

1. It does not offer a 3-in-1 account as the firm does not offer any banking services.

2. The brokerage is charged on a percentage basis which usually depends on the plan you opt for. For this, the customer has to pay a fixed sum of money at least ₹3500.

3. The web-based trading platform is not upgraded.

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Conclusion

So here is the complete information of the Ventura Demat Account. With the latest technologies and ample services, the firm has much more to offer to its customer.

No wonder it ranked as the best stock broker with few glitches of course. But some of the drawbacks can be easily resolved with time making the firm the best.

Take the best decision by knowing your needs and start investing by partnering with the right broker.

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Frequently Asked Questions

1. What are the Annual Maintenance Charges for the Ventura Demat Account?

For the trading account, there is no AMC charges, but for the maintenance of the Demat Account, the customer has to pay the sum of ₹400 as the AMC charges.

2. Does opening Ventura Demat Account make me accessible to invest in IPO?

Yes, opening the Demat account with Ventura allows you to invest in IPO. It offers the online IPO application thus helping you to increase the probability of earning profit.

3. Does Ventura offer any trading tips to its customer?

Yes, the firm offers many trading platforms that help in making the investment decision, and also the research team provides trading tips to trade efficiently in the stock and commodity.

4. Does Ventura have branches?

Yes, there are 25 branches of Ventura and 500 business partners (sub-brokers) offering services in 300 different cities of India.

5. How does the firm offer customer support services?

Ventura Securities offers the best customer support via phone, email and chatbots, through which you can discuss your query right away. The only drawback is the services are not available 24 by 7.

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