A demat account holds your shares in electronic form. A trading account is what you use to buy and sell them. In practice they are opened together, in one application, and you need both before you can invest in listed securities.
The application itself is online and takes most people under half an hour. What takes longer is everything around it — knowing which documents are acceptable, what to do when a name on a bank record does not match a PAN, and what the segment choices on the form actually commit you to. That is the part we do with you.
What we do
We take you through the Angel One application from start to activation, and we check it before it is submitted rather than after it is rejected.
- Confirm which documents you need, and whether the ones you have will be accepted
- Sit with you through the application and the verification steps
- Explain the segment choices — and which ones you do not need
- Follow up on the application if it stalls, so you are not chasing it yourself
- Walk you through the platform once the account is live
What you need
The list is short and set by the broker, not by us. Requirements can change, so we confirm them before you start.
- PAN card
- Aadhaar linked to the mobile number that will receive the OTP
- A cancelled cheque or recent bank statement showing name, account number and IFSC
- A passport-size photograph and your signature on plain white paper
- Income proof, only if you intend to trade in the derivative segment
How long it takes
Where the documents are in order and Aadhaar is linked to your mobile, accounts are usually activated within a working day or two. Where something needs correcting — a mismatched name, an unclear bank proof — it takes longer, and we tell you that at the outset rather than after.
Common questions
- Does it cost anything to open?
- Account opening and maintenance charges are set by Angel One and published on its official website. We will tell you exactly what applies to you before you apply, rather than after.
- Can I open an account if I have never invested before?
- Yes. Most of the people we help are opening a first account. There is no minimum you must invest to hold one.
- Do I have to trade in derivatives?
- No. The derivative segment is optional, requires income proof, and carries risks that are different from buying shares. If you are starting out, you do not need it.
Account opening is subject to the applicant meeting Angel One's eligibility and KYC requirements and to applicable laws and regulations.