How To Open Demat Account in Religare?

Religare Securities are known for offering online and offline stock-trading services across various segments. Its branches are across 500 Indian cities that serve over 8 lakh customers. To get into a trade with the broker open a demat account Religare by following simple steps below. 

Religare Demat account opening means that you may either open a trading or a Demat account with the broker. If your trades are only restricted to just buying/selling shares, currency, or commodity segments, a trading account will do, however, if you wish to hold the shares you invest in, you need to open a Demat account.

How to Open Demat Account in Religare Online?

Religare has been operating since 1994 and its DPs are CDSL and NSDL. Besides, the firm allows trading across BSE, NSE, and MCX. 

So to grab the information you can learn how to open BSE Account?

The broker offers a 2-in-1 account that includes trading and a Demat account. Using the former, you can buy and sell shares/stocks while the latter allows you to manage and analyze your online trades.

Religare Free Demat account activation is a simple procedure and as already mentioned, can be either done online or offline.

If you want an account instantly, you must opt for the online method. To open a Religare Demat account online, follow these steps:

• Visit Religare’s online Demat account opening website (click here)
• Then, fill in your “mobile number”, “email id”, “city name”
• An OTP will be sent to your mobile. After completing the OTP verification you will get a call from the firm’s associate who will share a KYC link
• Visit the KYC link and fill in all the required details and click on “submit”
• Then, upload a picture/scan of all the supporting documents like PAN, Aadhar, income proof, bank proof as and when prompted
• Once you are done with uploading your personal details along with supporting documents, you will again receive a call from the broker to verify the details
• After the verification, your Religare user id and password will be sent to your registered email

The best part about the online procedure is that your Demat account is opened instantly. After you receive your login credentials, you can immediately start trading.

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How To Open Demat Account In Religare Offline?

If you prefer filling out and sending your form manually or do not have a stable system/internet to opt for the instant method, you can open your Religare Demat account via the offline method.

In this method, you need to locate and visit the nearest Religare branch to avail of and submit your account opening form. Alternatively, you may also download the form first and then submit it with supporting documents at the broker’s branch office.

You can also arrange a personal visit by calling the Religare branch/customer support to know more about the requirements and steps of the Religare Demat account opening process.

It may take about 2 to 3 working days for your request to be processed via this method.

To open the account offline, you may choose to fill in the account opening form manually and send it to the broker’s office. For this, you need to download Religare’s Demat account opening form by visiting their website’s “download section.

Alternatively, you can also visit the local branch in your proximity or even arrange a personal visit to avail of the account opening form. 

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In Summation

Religare Securities is among the oldest tock brokers of India and the firm has maintained its legacy by providing decent stockbroking services to date.

Once your Demat account with Religare is opened, you can trade seamlessly across various segments. For logging in, use the user id and password sent to you by the firm on your registered mail. You may also change the initial password after logging in for the first time.

If at all you do not receive your Religare login id and password, contact Religare’s Customer Care /nearest branch office.

Hope this article helped you in understanding the Religare Demat account opening procedure. Open your account now to explore the stock trading world. 

Happy trading!

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