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How To Open Demat Account

How To Open a Demat Account?

A demat account is one of the prerequisites required for trading in a stock market. While you can buy or sell securities with a trading account, your demat is important for holding these securities. The way a demat account stores your securities is similar to how a bank account works, where you can credit and debit your securities as per your convenience.

To get started with opening a demat account, here’s what you need to do.

  • Choose Depository: Firstly, choose the depository organization with which you want to open an account. The main depositories in India are National Securities Depository Limited (NSDL) or Central Depository Services (India) Limited (CDSL), which are registered with SEBI.
  • Choose Broker-Next, you need to choose the broker or depository participant, registered with the depository organization where you want your demat account to be opened. You can refer to the list of brokers provided by NSDL and CDSL.
  • Documentation- You have to fill up the account opening form of your DP and submit it along with documents such as PAN card, identity proof, residential proof, income proof and passport-sized photographs. If you are an HUF or body corporate, additional documents of legal existence and Directors’ will be required.
  • Allocation of ID: After submitting the documents, there may be an in-person verification carried out by your DP. Once your application is processed, you will be allotted a 16-digit Demat account number and 8-digit Client ID.

You can track all your investments and returns with your brokerage house using the unique 8-digit Client ID.

Demat and Trading Accounts:

A demat account can only be used to store shares and securities in digital format. However, you need to have a trading account to buy/ sell shares and securities.

If you are opening a demat account for the first time, you will certainly be opening a trading account along with it. If you are opening only a demat account with your selected DP, you will be asked to link it to a trading account externally. It is always convenient and cost-effective to have demat and trading account with the same provider.

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Head Office

Bajaj Financial Securities Ltd.

Mantri IT Park, Wing B, Viman Nagar,

Pune, Maharashtra 411014

Contact No: +91 020-48574443

Email Id:connect@bajajfinserv.in

  • SEBI Registration No.: INZ000218931

  • BSE Cash/F&O (Member ID: 6706)

  • NSE Cash/F&O (Member ID: 90177)

  • DP registration No : IN-DP-418-2019

  • CDSL DP No.: 12088600

  • NSDL DP No. IN304300

  • AMFI Registration No.: ARN – 163403

Compliance officer: Bineet Jha,   Tel: +91 20 48574486; Email: compliance_sec@bajajfinserv.in For any complaints pertaining to securities broking please write to compliance_sec@bajajfinserv.in , for DP related to Compliance_dp@bajajfinserv.in , for any investor grievances write to investcare@bajajfinserv.in
Attention Investors:

"Prevent Unauthorized transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL/NSDL at the end of the day. Issued in the interest of investors.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker."

“Investments in securities market are subject to market risk, read all the related documents carefully before investing.
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Bajaj Financial Securities Limited (“BFSL”) is a subsidiary of Bajaj Finance Limited and is a corporate trading and clearing member of Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd. (NSEIL), and also a Depository participant with National Securities Depository Ltd (“NSDL”) and Central Depository Services Ltd. (“CDSL”).

BFSL is engaged in the business of Stock Broking and as a Depository Participant. BFSL does not provide any advisory services to its clients. BFSL may share updates from time to time (through various electronic communication modes) which are sourced from public domain and the same are NOT to be construed as any advice or recommendation from BFSL. Client is requested to independently evaluate and/or consult their professional advisors before arriving at any conclusion to make any investment. The decision to invest shall be the sole responsibility of the Client and shall not hold BFSL, its employees and associates responsible for any losses, damages of any type whatsoever.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in Vernacular Language: BSE | NSE

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Registered Office:

Bajaj Auto Limited Complex , Mumbai –Pune Road
Akurdi Pune 411035.
CIN: U67120PN2010PLC136026

Corporate Office:

Unit 2 , Tower B 2nd floor , Mantri IT Park ,
Opposite Inorbit Mall Nagar Road , Viman Nagar,
Pune 411014.
Telephone: +91 020-48574443,
Monday to Saturday – 9:00 AM to 6:00 PM ( Excluding 2nd & 4th Saturday of the Month),
Contact us at : connect@bajajfinserv.in