Anand Rathi Demat Account – Find Opening Process, Charges & moreLast Updated Date: Apr 17, 2023
Anand Rathi Demat Account comes from a very popular and esteemed broking organization Anand Rathi Wealth Management Pvt Ltd which is into HNI and UHNI customer servicing.
They are the pioneers in the stockbroking industry who have decided to service high-value and high-net-worth customers to provide them exemplary trading services.
The Anand Rathi group establishes in 1994 and is a complete bank of financial services and various product portfolios ranging from Equity to Banking products to investment instruments and much more.
If you are looking at partnering with them for your trading and investment requirements, it will surely be advantageous for you. Anand Rathi Trading account will surely give you an edge over other broking houses.
Anand Rathi Demat Account
The Anand Rathi Demat Account will certainly hold true to your expectations once given an opportunity.
Anand Rathi can bring all your investment desires to reality with the Top Demat Account in India. Let’s have a look at seeing what benefits you can get out of it:
Private Wealth Management services: Since the company specializes in HNI and UHNI servicing, its customer experience quotient is very high.
You get a dedicated Relationship Manager who would assist you throughout your trading journey irrespective of whether you are a professional at trading or an amateur.
Robust Research & Analysis: Their motto of making the complicated uncomplicated is extremely beneficial for their customers.
Their wealth management services enable customers to get a complete view of stock trends and analyze which investments could be profitable and which would not.
Lowest Brokerage: Their low brokerage charges are also an added advantage for customers wherein they save while they trade
Advanced Trading Platforms: Their advanced trading terminals and platforms enable customers to trade faster and smarter, thus enabling complete transparency and efficiency during their transactions.
Understand every feature and access it through the Anand Rathi platform. Explore it with our Anand Rathi Review.
Open Anand Rathi Demat Account – Fill up the Form Now!
How to Open an Anand Rathi Demat Account?
If you want to open an Anand Rathi Demat Account, it is not a very complicated task at all; you need to enrol your details online, and they will assist you through it. Let’s have a look at the entire process:
- Click on the button below that says “Open Demat Account.” A Pop-up form will appear; fill up that form.
- You will receive a call back from their sales team shortly after filling up the form.
- If you wish to open up a Demat account with them, they will take down all your details like Employment status, annual income, address, and bank account details.
- Post that, they will also ask you for your KYC documents; either you can upload that online, or they could send an executive to collect them from you.
- Post the KYC documentation is done, your Demat account is activated within 48-72 hrs.
- And once your Demat account is active, you will get login details and you can immediately start trading with Anand Rathi Wealth Management.
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Anand Rathi Demat Account Charges
|Anand Rathi Demat Charges
|Trading Charges [One Time]
|Trading AMC [Yearly]
|Demat Charges [One Time]
|Demat AMC [Yearly]
|Rs 299 from the second year onward
Since the Anand Rathi Wealth management company deals with only HNI & UHNI customers, their Demat account opening and other related services are also higher.
The Anand Rathi Account Opening Charges are only Rs. 750 one time. They have partnered with CDSL as a depository participant; hence your Demat account will also be a CDSL one.
They have a Margin money requirement of Rs. 25000, which is quite economical as compared to their other competitors.
This margin money will act as a shield for you while you are trading, and the company will provide you certain percentage exposure over and above your margin money kept with them.
Anand Rathi AMC or Annual Maintenance Charges
There is an Annual Maintenance charge for the Demat account, i.e., Rs 299 + s. tax (2nd year Onwards), but the trading account does not have any AMC charge.
This maintenance charge is levied on the customer as a part of the various services they offer to the customers.
There are no exceptions to this charge, but the good part is that there is no charge for the Anand Rathi AMC levied for the Trading account; that’s free.
To know more, also check out Anand Rathi Brokerage Charges.
Anand Rathi Trading Account
The Anand Rathi Trading Account is as important as the Demat Account as it is the platform from where all the transactions will happen and reflect.
Every organization will create a separate trading account and a separate trading one before you start to trade with them.
A trading account with Anand Rathi will surely give you some benefits; let’s have a look at it:
- It will enable you to buy, sell and hold shares and perform all your transactions. It is a mandate for any financial trading and investment requirements.
- All information about all your transactions will be recorded in your trading account and can be retrieved for monitoring purposes as well.
- There are no charges of maintenance whatsoever for your Ananda Rathi Trading Account.
- It will also provide you with all available information about your entire portfolio, margin money usage, stock holdings, etc.
- The trading account is also linked to your trading platforms, and you can easily access all information online and can trade from anywhere at any time.
Anand Rathi Demat Account Conclusion
Anand Rathi Demat Account is an extremely beneficial proposition for someone who wants personalized attention and focuses on their trading portfolio.
This HNI & UHNI servicing company values customer experience the most, and hence all their actionable deliverables are defined around this concept.
They use high-end technology for their operational excellence and also an extremely advanced and agile research & analysis unit, which helps customers meet their end objective, i.e., Wealth management & growth.
Anand Rathi Demat Account FAQs
Here is the list of FAQs related to the Anand Rathi Demat account:
How can I open an Anand Rathi Demat Account?
The steps that lead to opening a new account are as simple as possible. You have to initially click on a button that says “Open Demat Account,” followed by your KYC verification, and your account will be created within the next 72 hours.
Is Anand Rathi Demat Free?
It is not. When you first open the Demat account, they charge you Rs. 750. This seems like a fair share, given how popular Anand Rathi Demat is among its contemporaries.
What are Anand Rathi Demat Charges?
The Demat account opening charges are a solid Rs. 750, accompanied by the AMC being Rs 299 + s. tax (2nd year Onward). The trading AMC is a free giveaway, but the margin that this demat requires you to fulfil is 25,000 bucks which is utterly feasible.
Is AMC levied on Anand Rathi Demat?
The Demat account comes with an Annual Maintenance charge of just Rs 299 + s. tax (2nd year Onward). This charge is imposed due to a variety of services offered to the customers by the Anand Rathi Demat Account.
Is Anand Rathi’s Demat Account the best?
It will be fair to say that they stand unwavering in the stockbroking industry. They are extremely popular, possessing an immense net worth and ranking high when providing one of the finest trading assistance.
Does Anand Rathi provide Demat a/c?
Yes, they provide a Demat Account and not just any, but one of the best-rated ones. Being immensely celebrated among people all over, Anand Rathi is known to have a massive client base, serving the newest Demat account services and assuring absolute customer satisfaction and belief.
What Documents are required for Angel’s Demat?
Every document that proves a person’s existence is a necessity over here. Nothing too extravagant, but an Aadhaar card, a passport-sized photograph, PAN card, a person’s employment status, annual income, bank account details, and address are necessary.
Is Aadhaar Compulsory to Open Anand Rathi Demat?
An Aadhaar card is one of the sole proofs of your identity, so it goes without saying how important it is for you to pave your way through every governmental portal. Given this is a digitally performed KYC, providing your Aadhaar card is mandatory.
Is PAN required for Opening Anand Rathi Account?
Yes, you need your PAN card to open an Anand Rathi Demat account. A digital KYC is necessary to confirm your identity for security purposes. Hence, possessing a PAN Card and an Aadhaar card is a must.
Do they Charge the Demat Account opening Fee?
The opening charges are Rs. 750 for once and for all. And once you’re through with this process, there’s no more money than you need to invest. Nonetheless, there’s a margin money requirement of Rs. 25,000, which is still feeble compared to the rest of the leading companies out there.
How is the Anand Rathi Demat account?
Anand Rathi is one of the entities which has been in business for the longest. It offers smooth and easy operations and is registered with NSDL to act as a depository participant. It charges Rs. 750 for a trading account, and it is a one-time charge.
What is a Demat account?
Demat account is an abbreviation for Dematerialization Account. It makes holding shares and other securities easy in digital form. It eliminates the hassle of keeping the share certificates in physical form.
What does Anand Rathi company do?
Anand Rathi is a financial service provider and investment platform provider. It offers multiple services, including Investment Banking, Brokerage & Distribution services for equity, mutual funds, commodities, and other services. It also serves services like Wealth Management, Corporate Finance & Advisory.
Who is Feroze Azeez?
Feroze Azeez is the Deputy CEO of the entity, Anand Rathi Wealth Ltd.
How can I complain against Anand Rathi?
You can easily reach out to Anand Rathi for any queries at firstname.lastname@example.org. For NRIs, Anandi Rathi has set up a separate desk at email@example.com. And for resolving any grievances, you can reach out to firstname.lastname@example.org.
Is Anand Rathi listed in stocks?
Shares of Anand Rathi are listed on BSE, and it made its debut at Rs 602.05 on the aforementioned stock exchange.
Is Anand Rathi an asset management company?
Anand Rathi Wealth Limited is registered in the form of a Mutual Fund Distributor. Its operations started in 1994, and ever since, it has made great significance in the market. It has clients in India as well as globally.