Aditya Birla Demat Account – Find Opening Process, Charges, AMC & moreLast Updated Date: Mar 25, 2023
The Aditya Birla 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 traders.
Aditya Birla Money is a very seasoned player in the financial services industry and has been in inception for the last 20+ years. Its strong legacy and experience in the domain have 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 the association are listed below.
Aditya Birla Demat Account
As mentioned above, the Aditya Birla Demat Account brings 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 within 24-48 hrs without even the need to visit any branch or deposit 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 with 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 whether you are a rookie or an expert in trading.
Open Aditya Birla Money Demat Account – Fill up the Form Now!
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 the “Open Demat Account” button available below followed by which you will be prompted to fill out a form.
- Fill out 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.
Check out the Demat Account Opening Process of other Brokers
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 the exposure of up to 15 times 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 accounts. Yes, you can enjoy free AMC for a 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.
Check out the Demat Account Opening Charges of other Brokers
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 trading in your stocks.
- The inflow and outflow of all funds happen 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 log in from anywhere.
Aditya Birla Demat Account – Conclusion
Aditya Birla Money is a self-proficient and seasoned organisation which has been dealing with financial services for a long time now and hence, its tenacity and experience have enabled its growth over the years.
The Aditya Birla Money Trading Account & Demat account offers 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
Check out various FAQs related to Aditya Birla Money:
How can I open Aditya Birla Money Demat Account?
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 colour. 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.
Is Aditya Birla Money Demat Free?
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.
What are Aditya Birla Money Demat Charges?
There are two charges the 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 are not required to pay a yearly fee.
Is AMC levied on Aditya Birla Money Demat?
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.
Is Aditya Birla Money’s Demat Account the best?
This stock broking house carries a brand significance which is one of the many reasons and assurance of their quality. You get access to multiple financial products and services via the demat account alongside trading in equities and hence, they are a good choice.
Does Aditya Birla Money provide Demat a/c?
Yes, the demat account is the prime facilitation of this stock broking house which is the medium of rendering all kinds of financial solutions. They provide all the services of demat accounts with the account to minimal charges which is what people seek.
What Documents are required for Aditya Birla Money’s Demat?
There are certain documents you need to cater for and this includes an Aadhaar card, PAN card, passport-size photograph and cancelled cheque. You need to scan these documents and upload them in order to provide proof of identity.
Is Aadhaar Compulsory to Open Aditya Birla Money Demat?
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.
Is PAN required for Opening Aditya Birla Money Account?
Yes, PAN Card goes through the process of creating a demat account 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 proof of identity.
Do they Charge a Demat Account opening Fee?
Yes, there is an applicable account opening fee for the purpose of opening a demat account with the stockbroking firm – Aditya Birla Money. So, the investors have to pay a one-time charge of Rs.750 at the beginning of the opening of an account.
Open Aditya Birla Demat Account – Fill up the Form Now!
Find out Demat Account details of other Stock Brokers
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