Fair Intermediate Demat Account – Find Opening Process, Charges, AMC & more

When it comes to a standalone stock trading company, Fair Intermediate Investments, likewise the Fair Intermediate Demat Account  is one of the notable names that most people are aware of. It is primarily a full-service stockbroking company with more than 16 years of experience in this industry.

They are not only a premier stock trading company, but also offer numerous relevant products and services like Commodity Trading, Mutual Funds, and even IPO-based services. One of their biggest USP is the brokerage fees they charge. It is reasonable and affordable.

There are tons of benefits if you are considering opening a Demat account with Fair Intermediate Investments. So, in this article, we will discuss the ins-and-outs of Fair Intermediate Trading account and Demat account in detail.

Fair Intermediate Demat Account

If you are considering opening a Fair Intermediate Demat Account, then it would be best that you take a look at the most prolific reasons to open the account. Here they are:

• The Depository Participants are both CDSL & NSDL, where in most cases, it only has one of them.
• The Fair Intermediate Trading account is free to open & there is no further AMC for that as well.
• One of the compelling reasons to open a Fair Intermediate Demat Account is the minimum margin money threshold level, which is Zero.
• The account is easy to open, with fast processing of KYC verification. They require minimum documents to do that. In fact, just the Aadhaar Card is good enough to do so.
• The brokerage fees they charge is very competitive, and to some extent, very aggressive.
• Fair Intermediate is a reputed stock trading company that also provide several other lucrative products and services that deals with Mutual Funds, IPO, and Commodity Trading.
• The company is a full-service stock broking company with a total of more than 16 years of experience. Therefore, it is ideal for traders who have limited trading experiences.

Open Fair Intermediate Demat Account – Fill up the Form Now!

How to Open an Fair Intermediate Demat Account?

As committed, we will discuss the steps to open the Fair Intermediate Demat account. Please note, this is a composite account which typically consists of a Demat account and a Trading account.

Now, to open a Fair Intermediate Demat account, there is a fee involved, which is Rs.200, whereas the Trading account is free to open.

Another fee that you will also need to pay is Rs.250 per annum for the AMC of the Demat account, whereas, for the Trading account, it is free of cost. Now, here are the steps:

1. Click on the below mentioned “Open Demat Account” button.
2. A Pop-up form will appear, Fill up that form with your details.
3. You will receive a call from Fair Intermeddiate KYC Team.
4. You have to submit details like Aadhaar card, PAN card and Date of Birth.
5. A representative of Fair Intermediate will call you to verify your details. They will do the needful and ask you to make a payment of Rs.200, which is the account opening fee. Also, they will process the KYC verification. For that, you need to submit relevant documents.
6. The relevant documents include your Passport size photo, scanned copies of Aadhaar card and PAN card, including some additional Bank Account details, alongside a cancelled cheque.
7. Once they confirm the payment and verify your KYC, they will send you a welcome email containing all the necessary login credentials to access your Demat and Trading accounts.
8. You can start trading there after.

Check out Demat Account Opening Process of other Brokers

Fair Intermediate Demat Account Charges

The Fair Intermediate Account Opening Charges can be considered ‘okay’ when compared to other stock trading companies.

The charge is Rs.200, taken in as the account opening fee. Here, you need to understand the Depository participants are not only CDSL but also NSDL, which is not the case for a ton of stock trading companies.

When it comes to the margin money threshold, Fair Intermediate charges absolutely nothing. Now, people who have sound industry knowledge will know the benefit of no margin money threshold.

Another factor in relationship with Fair Intermediate Demat Account Charges is they are impeccable with Dematerialization offer of physical shares, which again, is not available in every stock trading company.

Fair Intermediate AMC or Annual Maintenance Charges

The general fees structure of Fair Intermediate has a vibe of reasonable pricing. So, when we are discussing the Annual Maintenance Charge (AMC) of the Fair Intermediate Demat account, we think it would be sensible too.

Well, they charge Rs.250 per annum, which we can say is not cheap and not too much as well. Some companies offer zero account opening, whereas some charge more than Rs.500. So, the amount the Fair Intermediate levied is just industry standard.

Now about the Fair Intermediate AMC of the Trading account; they do not charge anything additional. In fact, it is free of cost. Again, this is good for the traders as many companies charge additional AMC fee for the Trading accounts as well.

Check out Demat Account Opening Charges of other Brokers

Fair Intermediate Trading Account

Just like the Demat accounts, you can take advantage of using the Fair Intermediate Trading account as well.

You can be benefited from numerous trading options that are available when you open an account with Fair Intermediate Investments. Here are some notable benefits:

• Anyone who performs stock trading knows that with a Trading account, you can’t really purchase or sell stock shares. Even if you wish to cancel a trade, you need a Trading account along with its instruments to do so.
• If you are interested in Mutual Funds trading, you will need a Trading account to do so.
• Another significant reason why you should own a Fair Intermediate Trading account is the fact that you can check out all the relevant stock trading information. You can see the stock that you are holding right now as well as its position. Alongside, you can check out a ton of other critical information too.
• Of course, one of the biggest reasons that you should avail Fair Intermediate Trading account is the fact that it is absolutely free to open, and there are no further costs involved with it, not even an AMC fee.

Fair Intermediate Demat Account Conclusion

Fair Intermediate is one of the reputed house names when it comes to a reliable stock trading company. It has been int he industry for more than 15 years; so, we can expect the Demat and Trading account services to be as precise and efficient.

The costs involved in Fair Intermediate Demat account is reasonable, and the fact that the Trading account is free to use makes the service lovable. So, it would be best if you gave the service an honest try.

Open Fair Intermediate Demat Account – Fill up the Form Now!

Find out Demat Account details of other Stock Brokers

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