How to Open A Trading and Demat Account With Aditya Birla Capital: The Aditya Birla Capital Demat Account is very popular among young and budding traders as they see a lot of benefits in getting associated with them.
Varied product range, 24*7 customer support, robust analytics assistance and competitive rates are some of the company’s talking points for the traders.
Aditya Birla Money is a very seasoned player in the financial services industry and has been in inception since last 20+ years. Its strong legacy and experience in the domain has made them one of the top leaders.
Their business strategies and core principles infused into the Aditya Birla Money Demat Account are based on customer experience which has taken them a long way in their journey.
If you wish to get associated with them and get your Aditya Birla Trading Account & Demat account opened, you surely must read through this article as critical points of association are listed below.
Aditya Birla Capital Demat Account
As mentioned above, the Aditya Birla Demat Account brings for you many benefits which could make your trading experience smooth and hassle free. Let’s have a look at what all they have to offer:
Easy Account Opening: The Aditya Birla Money Demat Account could be opened within a matter of 5-10 mins and it gets activated with 24-48 hrs without even the need to visit any branch or depositing any documents.
Low Brokerage Charges: Being a discount broker, Aditya Birla Money ensures that all their brokerage charges as well as other admin related charges are under the bay and competitive to what others offer.
Research & Analytics benefit: Aditya Birla has developed a robust and expert team in their Research & Analytics department to ensure that their customers get accurate and important data on a timely basis.
Personalised Service & Support: With Aditya Birla Money, you also get a dedicated Relationship Manager who could assist you in all your trading related issues; irrespective of you being a rookie or an expert in trading.
How to Open Aditya Birla Demat Account?
If you want to be associated with them, the first thing you need to do is open Aditya Birla Demat Account. All you need to do is follow some simple steps and your account will be opened:
- Click on “Open Demat Account” button available below followed by which you will be prompted to fill a form.
- Fill the form carefully and accurately. All details like your name, mobile no & city.
- Then you will receive a call from Aditya Birla KYC Team, They will share a link. Open this link & you will be able to process further.
- You need to also upload your documents like an address proof, PAN Card, Adhaar Card and photograph as well on the website itself, and then sign in the form using your Aadhaar card, or physically for an alternative.
- Once you have completed the registration process successfully, the system will generate a temporary id for you and prompt you that you will receive a verification call from them soon.
- This verification will be done by the Aditya Birla Money team and they will validate all your credentials successfully with you.
- On completion of this verification, you will receive your Aditya Birla Money Demat Account number soon from them. You could access the account immediately and start trading as well.
Aditya Birla Demat Account Charges
The broking house – Aditya Birla Demat Account charges are given below, in detail –
|Aditya Birla Demat Charges|
|Trading Charges [One Time]||Rs 750|
|Trading AMC [Yearly]||NIL|
|Demat Charges [One Time]||NIL|
|Demat AMC [Yearly]||Rs 426|
Aditya Birla Money is a Depository participant with both the exchanges i.e. CDSL and NSDL; hence you can open up your Demat account with either of them.
The Aditya Birla Account opening charge is Rs.750 and you can get your Trading account also opened along with it. It is definitely a bit on the higher side but the kind of benefits you get with them are worth this investment.
However, their margin money requirement is as well quite high; they have a minimum amount of Rs.20,000 that needs to be maintained as the Margin Money.
Again, this is totally dependent on the customer. If you wish to put in more money as the Margin amount, you could only enjoy a larger exposure or leverage. With Aditya Birla Money, you could enjoy an exposure of up to 15 times on your Margin amount.
Aditya Birla AMC or Annual Maintenance Charges
The Aditya Birla Money AMC is something you can save on as they don’t charge anything towards the AMC of both account. Yes, you can enjoy free AMC for lifetime for your Demat Account as well as your Trading account, by paying a one time charge of Rs.999. If you pay Rs.426 you can enjoy free AMC for 5 years.
This is quite unlike most of the competitors as most stock broking companies charge an annual maintenance charge for their Demat & Trading accounts.
Aditya Birla Trading Account
Just like the Demat Account, the Aditya Birla Trading Account also encompasses some exciting benefits for its customers. Let’s have a look at them:
- The trading account is essential to deal with and trade in your stocks.
- The inflow and outflow of all funds happens smoothly as your bank account is very closely integrated with the Trading account.
- Aditya Birla Money offers some great Trading Tools which have been designed for easy trading and hassle free transactions.
- Portfolio Management, Real time market updates, Live Streaming of Stocks, Robo Advisory Services, Monthly and quarterly reports etc are some of the benefits that you can enjoy with these Trading tools
- The Trading Tools can be accessed through any channel – laptop, Desktop, Tablet or Mobile or you could just use the Browser based tool to login from anywhere.
Aditya Birla Demat Account – Conclusion
Aditya Birla Money is a self-proficient and seasoned organisation which has been dealing with financial services since a long time now and hence, their tenacity and experience has enabled their growth over the years.
The Aditya Birla Money Trading Account & Demat account offer a power packed service to all its customers and hence, the stickiness of their customer base is also much higher as compared to other organisations.
If you are planning to get started with them for your trading requirements, you will surely enjoy their services and facilities and have a good trading experience.
Aditya Birla Money Demat Account FAQs
Ques – How can I open Aditya Birla Money Demat Account?
Answer – For the first step, you have to click on a button which is provided at the bottom of the page. The button is named “Open Demat Account” and is in green color. Click on it and then fill in the quick pop up form that you see. This shall be enough to get started, and then you need to go through the KYC process.
Ques – Is Aditya Birla Money Demat Free?
Answer – No, the demat account which is offered by this stock broking house is not free. There is an applicable account opening charge of Rs.750, which has to be paid prior to opening an account. On the other end, there is a one time AMC levied on the account.
Ques – What is Aditya Birla Money Demat Charges?
Answer – There are two chargesthe clients of Aditya Birla have to pay to the firm and it is the sum of Rs.750 as the account opening charges. There is one time AMC charged by the broker and then it is cleanly waived off, and the investors arr not required to pay a yearly fee.
Ques – Is AMC levied on Aditya Birla Money Demat?
Answer – Yes, AMC of one time nature is levied on the demat account holders, post which the investors are free to hold their demat account for as long as they want, absolutely for free. This is a perk offered by the broker as the yearly occurring expenses are cut short.
Ques – Is Aditya Birla Money’s Demat Account best?
Answer – This stock broking house caries a brand significance which is one of the many reasons and assurance of their quality. You get access to multiple financial products and service via the demat account alongside trading in equities and hence, they are a good choice.
Ques – Does Aditya Birla Money provide Demat a/c?
Answer – Yes, demat account is the prime facilitation of this stock broking house which is the medium of rendering all kind of financial solutions. They provide all the services of demat account with account to minimal charges which is what people seek for.
Ques – What Documents required for Aditya Birla Money’s Demat?
Answer – There are certain documents you need to cater for and this includes Aadhaar card, PAN card, passport size photograph and cancelled cheque. You need to scan these documents and upload them in order to provide the proof of identity.
Ques – Is Aadhaar Compulsory to Open Aditya Birla Money Demat?
Answer – Yes, you need the assistance of the Aadhaar card as you must prove your identity and also your address. The Aadhaar card does the needful, while also letting you get your account verified, as you need to digitally sign the KYC process, which is done via the Aadhaar card.
Ques – Is PAN required for Opening Aditya Birla Money Account?
Answer – Yes, PAN Card goes in the process of creating a demat account and as it is required for financial aspects. The main objective of the pan card is to link the saving account to your demat account and it also serves as the proof for identity.
Ques – Do they Charge Demat Account opening Fee?
Answer – Yes, there is an applicable account opening fee for the purpose of opening a demat account with the stock broking firm – Aditya Birla Money. So, the investors have to pay a one time charge of Rs.750 at the beginning of the opening an account.