Bansal Finstock Demat Account – Find Opening Process, Charges, AMC & more

Bansal Finstock has been renowned as one of the most reliable discount brokerage houses in the country.

It is the paramount brokerage house that created the discount brokerage house phenomenon in the market offering the Bansal Finstock Demat Account, though there were a small number of discount brokers at an earlier time as well.

Bansal Finstock Trading Account has a lot of compensations appended to it, and there are loads of investment choices and facilities the company gives to its clients.

In this article, we will review the Demat and the Trading Account and their rates, and the annual fee for maintenance along with a couple of other information associated with the account opening with Bansal Finstock.

Bansal Finstock Demat Account

Bansal Finstock Demat Account is very sorted due to many reasons, and you can also get several benefits when you open a Demat account with Bansal Finstock.

The critical reasons for opening Bansal Finstock Account Opening can be:

• You can trade by giving a brokerage charge, which is almost 90 percent less than what other brokerage houses make their clients pay.
• You can open the Demat account with your AADHAAR card, and there is no paperwork involved whatsoever. It is done entirely online, which makes it safe and secure to some extent.
• With the Bansal Finstock account, you can have all of your investments in one position, which eventually makes your trading simple with the Demat account. One account with all the investment provides you immediate right to use to any of the investments that you want to look into and modify.
• All the investment choices, be it equities or currencies as well as the F&O portion, you get all of it in one account. You can trade all of these investment choices at Rs.10 per order.
• With the Demat account of Bansal Finstock, you also get the right to use the auto-investor, which can help you out with the mutual fund investment at the same time.

Open Bansal Finstock Demat Account – Fill up the Form Now!

How to Open an Bansal Finstock Demat Account?

The manner to Open Bansal Finstock Demat Account is straightforward as you can get it done without the use of any paper or pen. It is a paperless method.

1. Click on the green button that says “Open Demat Account” provided below and fill in the form.
2. You will get a phone call from the Bansal Finstock executive. You will also get a link from them, for Online Account Opening or Bansal Finstock EKYC.
3. Then, you need to fill in the information, which means your PAN number, AADHAAR card number, and date of birth. The system will complete the remaining. You also need to verify the prefilled information given on the form after it’s done.
4. Then you have to fill your bank details onto the form. Here you will give your account number and IFSC; the rest will be completed by them. You don’t need to worry about the safety of this information as they maintain a stringent no sharing policy with the third party.
5. Now upload the documents which need verification. You need to upload the scanned copy of your AADHAAR and PAN card, one passport-sized photograph, and a cancelled cheque. You can finish all of these through the Bansal Finstock app as well, which can be accessed through any android phone.
6. If you have your AADHAAR card, then you can sign the form needed for application, digitally as well. In case you don’t have one, you will have to sign the form personally and then submit the same.
7. Once the documents are passed through verification at the Bansal Finstock firm, you will get a phone call from their officials for the remaining steps.
8. They will start your Demat account and trading account once your documents are checked, and you have made your required payment.
9. At the end of it, you will receive your login details, which will allow you to log in to your Demat account and start trading.

Bansal Finstock Demat Account Charges

The Bansal Finstock Account Opening Charges has always been meagre. Now, it charges only Rs.300 for opening both the Demat and Trading accounts. The Bansal Finstock Demat Account Charges is one of the least amongst the discount brokers in the country too.

The Demat account is linked with the CDSL & the NSDL- the Depository of India, and it gives dematerialization of the physical shares. There also exist a margin money of minimum of Rs.10,000.

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Bansal Finstock AMC or Annual Maintenance Charges

The Bansal Finstock AMC or annual maintenance charge is just Rs.300, which you need to pay every year for the maintenance of your account with Bansal Finstock.

There are no expenses apart from this maintenance charge of the account. However, this charge is only for keeping up the Demat account, whereas there levies no such fee on the Trading account.

Bansal Finstock Trading Account

With the Bansal Finstock Trading Account, you can:

• Trade-in different investment choices ranging from the equities to the Derivatives and the currencies too.
• You can access your Bansal Finstock Trading account very quickly on the different trading platforms provided by the company. You can trade without much hassle on any of the platforms and choose the one which fits you the best.
• There is margin money that you need to maintain in the trading account. Trading shares can be done from the funds you have in the account, and a certain sum is required as the balance in your trading account.
• You can also invest in IPOs with the Bansal Finstock Trading account.
• You can also use bracket orders and various other formats.

Bansal Finstock Demat Account – Conclusion

The Bansal Finstock Demat Account is one of the most sorted Demat accounts, and that is proven from the massive client base.

It shows the quantity and quality of products and services the company offers to the clients. It is mainly because they have a usually low brokerage rate and highly advanced technique terminals.

Open Bansal Finstock Demat Account – Fill up the Form Now!

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