BAJAJ BROKING

Notification
No new Notification messages
One Mobikwik Systems IPO is Open!
Apply for the One Mobikwik Systems 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 Nellore

pan-card pan-card

PAN Card

This is a mandatory requirement

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

Identity and Address Proof

Voter ID, Driving Licence, Aadhar Card, or Passport

Bank Proof Bank-Proof

Bank Proof

A cancelled cheque, passbook, or a six-month bank statement

Photo Photo

Photo

A recent 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 Nellore

  • 1

    Convenience

    Hold and manage your investments electronically without the hassle of physical certificates.

  • 2

    Safety

    Reduce the risk of theft, loss, or damage of physical shares.

  • 3

    Easy Transfer

    Transfer securities effortlessly with a few clicks.

  • 4

    Cost-Efficiency

    Save on stamp duty costs compared to physical certificates.

  • 5

    Accessibility

    Access your account and trade from anywhere, anytime.

  • 6

    Dividend Benefits

    Dividends are automatically credited to your account.

  • 7

    Increased Efficiency

    Faster settlement cycles and reduced paperwork.

  • 8

    Portfolio Monitoring

    Track and manage your investments in real-time.

  • 9

    Nomination Facility

    Easily appoint a nominee for your account.

  • 10

    Loan Facility

    Pledge your securities for loans without selling your investments.

Charges to Open Demat Account Online in Nellore

When you open a Demat account online, it's important to be aware of the fees. Bajaj Broking offers a free Demat account opening with its freedom pack, and the annual maintenance charges (AMC) are free for the first year. We also provide various subscription packs tailored to your requirements.

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 Nellore

  1. Regular Demat Account: Suitable for Indian residents, this account allows for holding and trading equities in electronic form. Annual maintenance charges apply, but the Basic Services Demat Account (BSDA) offers a free account with minimal fees.
  2. Repatriable Demat Account: Designed for NRIs, this account links to an NRE account, facilitating investment in Indian markets with the option to repatriate funds. It's ideal for those needing a flexible account for both local and international transactions.
  3. Non-repatriable Demat Account: Also for NRIs, this account links to an NRO account and restricts fund transfers outside India. It suits NRIs who wish to invest within India without repatriating funds.

Things to Know Before You Open Demat Account Online in Nellore

  • Credibility of the Provider: Verify the provider's reputation through reviews and ratings.
  • Platform Security: Ensure the platform has strong security measures to protect your investments.
  • Customer Service: Evaluate the quality and responsiveness of customer support.
  • Terms for Free Account: Understand the terms and conditions for free account openings and future fees.
  • Brokerage Fees: Choose a broker with low fees to maximise your returns.
  • Investment Goals: Ensure the account aligns with your investment 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