NSDL Demat Account Opening Form
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Are you interested in starting your stock market journey? If yes, then you need a demat account to do so. Now there are many who looks for the offline process of account opening. For this here is the NSDL demat account opening form.
Now when we are talking about the NSDL Demat account, it is essential to note that you can’t open a demat account directly with the depositories. You can open a demat account with the depository participants registered with NSDL.
Let us now have a detailed look at the offline process of NSDL demat account opening.
How To Open NSDL Demat Account Offline?
Now the majority of the stockbrokers have the facility of opening a demat account online. But a lot of people are still doubtful of the whole online opening process and still want to stick to the old traditional methods.
This is the reason that the facility of opening an NSDL demat account offline is also present. Now all you have to do is to download the form, fill in the details, and submit it with the necessary documents required for demat account opening.
When you have completed all these steps, your demat account will be opened. It is also important to note that the demat account activation time is different for all the stockbrokers and also depends on the process you are choosing.
Different stockbrokers give the facility to open a demat account offline, let us have a look at some of them.
1. Angel One Demat Account Opening Form
Angel One is a prominent name in the broking industry and why shouldn’t it be? It has over the years managed to keep up with the technological pace and worked according to the industry.
The online process of account opening is very efficient in Angel One. But this is not just the case as it offers a smooth offline account opening as well.
You can now use Angel One Demat Account Opening Form to easily open your Angel One Demat Account.
- You can download the form by clicking here.
- Enter your basic details like name, father’s name, PAN card number, DOB, Address, etc.
- Now enter the bank account details, depository details, and signature.
- After this, you can submit the duly filled form with all the documents to the nearest Angel One branch.
- Once your documents are successfully verified, your demat account will get activated easily.
2. Zerodha Demat Account Opening Form
Zerodha has established a name in the stockbroking industry by creating a niche amongst discount brokers. It has also established a name in providing all the services to its users at the convenience of their homes.
You can also open a Zerodha demat account through the offline method as well. You can simply download the application form here.
After that, you need to fill in all the necessary details and then send it to the office with the attested documents like proof of identity, income, and address.
Once your documents are verified successfully, your account will get activated within 2-4 days.
Here, the charges vary from broker to broker. The account opening charges for Zerodha are ₹200 and if you want to get your commodities segment activated, then you need to pay ₹200 extra in the offline method.
3. Choice Broking Demat Account Opening Form
Choice Broking is an emerging stockbroker and also provides the services to open a demat account offline as well.
You can simply visit the website of Choice Broking and look for the form. You can also download the offline application form from the link here.
Once you have downloaded the form, enter all the details required. In addition to this, you have to submit all the required documents.
If you open an account online, it only takes around 4 hours to activate the demat account but in the case of offline demat account opening, the time may vary because the process is a little more tedious and detailed.
It usually takes up to 48 hours if all your documents are correct and verified.
4. Kotak Securities Demat Account Opening Form
If you want to open a Kotak Demat Account, you can also use the offline process of Kotak Securities for the same.
You have to follow the given steps to do the same.
- Open the website and download the form. You can also click on the link here.
- Now enter all the necessary details in the form.
- Attach the required documents and complete the in-person verification.
- Once your details are verified, you will receive a confirmation and your account will get activated.
5. HDFC Demat Account Opening Form
One of the leading bank-based stockbrokers, HDFC Securities lets its users open a demat account easily, either through an online or offline method. So, if you want to open an HDFC Demat Account through offline mode, you can follow the given steps.
- Visit the website and download the opening form. You can click here to do the same.
- Fill in the essential details like name, address, etc.
- Apart from this, you need to fill the nomination form as well.
- Attach a passport size photograph of yourself and one of the nominees as well.
- Attest the required documents like proof of identity, proof of address, proof of income, signature.
Once you have successfully completed all the details, you can submit it to the nearest HDFC Securities branch. There is another option of sending the same via courier.
It usually takes some days to activate the demat account after the successful verification of the documents.
NSDL Demat Account Opening Charges
Although there are many stockbrokers providing Demat account for free, other than opening fees there is some maintenance cost as well.
Here are the details of account opening charges imposed by different stockbrokers.
NSDL Demat Account Charges | |
---|---|
Name of the Stockbroker | Account Opening Charges |
Zerodha Demat Account Charges | ₹200 for Equity account |
₹300 for commodity account | |
Angel One Demat Account Charges | Nil |
HDFC Demat Account Charges | Nil |
Kotak Securities Demat Account Charges | Nil |
ICICI Demat Account Charges | Nil |
Apart from this, there is Account maintenance charges, the detail of which is given in the table below:
NSDL Demat Account AMC | |
---|---|
Name of the Stockbroker | AMC |
Zerodha AMC Charges | ₹300 per year |
Angel Broking AMC Charges | ₹20 per month |
HDFC Securities AMC Charges | ₹750 per year |
Kotak Securities AMC Charges | ₹50 per month |
ICICI Securities AMC Charges | ₹0-₹799 per year |
Conclusion
Reaping the benefit of opening a Government demat account offline is now possible by choosing the stockbroker still offering you the option to activate services offline.
It requires you to download their form, fill it, and submit it with the required document.
The opening time might differ from broker to broker. So, research well and once you are ready, you can open your demat account.
Now open a demat account seamlessly. Fill in the details below and get assistance in choosing the stockbroker and opening a demat account for free.
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