BAJAJ BROKING

Notification
No new Notification messages
Inventurus Knowledge Solutions IPO is Open!
Apply for the Inventurus Knowledge Solutions IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Documents Required to Open Demat Account Online in Jamshedpur

pan-card pan-card

PAN Card

Mandatory requirement Amin

Identity-and-Address-Proof Identity-and-Address-Proof

Identity and Address Proof

Voter ID / Driving License / Aadhar Card / Passport

Bank-Proof Bank-Proof

Bank Proof

Cancelled cheque / Passbook / 6-month Bank statement

Photo Photo

Photo

Take a Selfie

What is a Demat Account?

Our Learning Centre

An Online Demat Account, short for "Dematerialized Account," is an electronic platform that holds and stores an investor's financial securities in digital format. It allows individuals to buy and hold various financial instruments like stocks, bonds, mutual funds, and government securities electronically, eliminating the need for physical share certificates.
 

Demat accounts transformed India's securities landscape, bringing faster, more secure transactions and reducing paperwork. You can now enjoy the ease of managing your investments conveniently and within the comfort of your own home. Online Demat Accounts have played a crucial role in attracting more retail investors to the Indian share market, thereby contributing to its growth and development over the years. Today, Demat accounts have become an essential part of the Indian financial eco-system, empowering millions of investors to participate in the capital market seamlessly. You can also open Demat account for free!

Advantages of Opening a Demat Account in Jamshedpur

  • 1

    Efficient Trading

    Demat accounts simplify the trading process by converting physical shares into an electronic format.

  • 2

    Safety

    Protects against the risks of loss or damage associated with physical share certificates.

  • 3

    Easy Management

    Streamline the management of investments with electronic records.

  • 4

    Quick Transactions

    Facilitates swift transfer and trade of securities.

  • 5

    Convenience

    Enjoy the convenience of managing your investments from anywhere.

  • 6

    Reduced Costs

    Avoid costs related to physical documentation and storage.

Charges to Open Demat Account Online in Jamshedpur

  • Free Opening: Bajaj Broking provides a free Demat account opening service.
  • Annual Maintenance Charges (AMC): No AMC for the first year with the Freedom Pack. Subsequent years may incur fees based on the chosen subscription plan.
  • Subscription Packs: Various packs are available to match your trading needs and preferences.
Type of ChargeCharges
Demat Account Opening ChargesNIL
Demat Annual Maintenance ChargesNIL for 1st Year
Applying for IPONIL (Brokerage will be charged when customer sells the allotted units)
Brokerage Charges (Delivery)NIL
Brokerage Charges
(Intraday, Futures and Options)
Freedom Pack: ₹20/order
Professional Pack: ₹10/order

Types of Demat Account in Jamshedpur

  1. Regular Demat Account: Suitable for Indian residents, this account is used for holding and trading equities electronically. It generally has annual maintenance charges, but the Basic Services Demat Account (BSDA) offers a free option with reduced fees for new investors.
  2. Repatriable Demat Account: For Non-Resident Indians (NRIs), linked to an NRE account, allowing investments in Indian stock markets with the ability to repatriate funds up to one million USD annually.
  3. Non-repatriable Demat Account: Also for NRIs, linked to an NRO account, restricting fund transfers outside India. Ideal for investing within India without repatriation needs.

Things to Know Before You Open Demat Account Online in Jamshedpur

  • Credibility of the Provider: Ensure the provider is reputable by checking reviews and ratings.
  • Security of the Platform: Verify the platform’s security features to safeguard your investments.
  • Customer Service Quality: Assess the responsiveness and quality of customer support.
  • Terms for Free Demat Account Opening: Review the terms and conditions for free account openings and any potential future fees.
  • Brokerage Fees: Choose a broker with low fees to optimise your trading costs and returns.
  • Investment Goals Alignment: Ensure the Demat account aligns with your investment goals and objectives.

Common Terms of a Demat Account

  • ISIN (International Securities Identification Number): A unique code assigned to each security for trading and settlement.
  • DP (Depository Participant): Acts as an intermediary for account services including dematerialisation and rematerialisation.
  • Dematerialisation: Converting physical share certificates into electronic form for easier management.
  • Rematerialisation: Converting electronic securities back into physical certificates.
  • BOID (Beneficial Owner Identification Number): A unique number for each Demat account holder used for transactions.
  • Corporate Actions: Company events like dividends and stock splits affecting securities in your Demat account.
  • DP Charges: Fees for services provided by the Depository Participant.
  • Pledge: Securities can be pledged as collateral for loans.
  • Account Nomination: Appointing a nominee to receive holdings in the event of the account holder’s demise.
  • Transaction Statement: Periodic statements detailing all transactions in your Demat account.

We have something for everyone

Explore More Investment Options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon
Bajaj Broking Info

Bajaj Broking: Empowering India with Financial Freedom

Elevate your investing and trading with Bajaj Broking. From novices to HNIs, our user-friendly platform, expert guidance, and diverse products simplify your stock market journey. Join us to make investing easy and accessible for all Indians!

img

Users love Bajaj Broking 

Real Stories, Real Results

Ajit Thakrey

Title
Ajit Thakrey
Sub Title
Mumbai
Image
stories client dp
Investor Story

Easy-to-Use Interface

I've found this trading app perfect for my needs as an F&O trader. Its intuitive interface, analysis tools, real-time updates, and supportive team have helped me along my trading journey.

Vidyut Singh

Title
Vidyut Singh
Sub Title
Delhi
Image
stories client dp
Investor Story

Easy to Navigate

Bajaj Broking Trading App is easy to navigate. You can easily keep a record of all your transactions. 

Shwetha Gowda

Title
Shwetha Gowda
Sub Title
Mangalore
Image
stories client dp
Investor Story

Good Platform to Invest in US Stocks

Good investing platforms if you are looking to invest in US stock. The user-friendly interface helps you to place orders in no time.

Ananya Chatterjee

Title
Ananya Chatterjee
Sub Title
Kolkata
Image
stories client dp
Investor Story

Easy for Beginners

The app is easy to navigate, especially for beginners. The app's wide range of investment options helps you to diversify your portfolio.

Frequently Asked Questions

No results found

search icon

Get the latest updates and insights on Demat account

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text