Geojit Demat Account – Find Opening Process, Changes, AMC & moreLast Updated Date: Mar 23, 2023
The company Geojit Finance made a milestone with its outstanding exposures. Today it is one of the most talked-about stock broking companies in India.
It set the foothold with a precise vision of simplifying the two words investment and trade. It did so by allowing users to have full insight into the market through research recommendations and tips.
Users can undoubtedly have the Geojit Demat Account and the Geojit Trading Account because in any case, they are going to benefit a lot more than expected from the said company.
On top of that, the company holds expertise in modifying online accounts according to the demands of the individual.
Geojit Demat Account & Benefits
The Geojit Demat Account has immense goodness in store for the Demat account holders so go through it at once:
Experts in portfolio management
As a Demat account holder, you need to make sure that your portfolio is in the right state, therefore, no need to worry as experts from Geojit is efficacious in dealing with portfolio management.
Brokerage fees less
Investors should like to get the information that the company is liberal with its brokerage fees so, on the whole, the amount is very less.
Professional in mutual fund and life insurance
At the same time, you should like to know that the company is very commanding when it comes to managing the mutual fund as well as life insurance. Therefore, you can expect to get fruitful advice from the research team.
Open Geojit Finance Demat Account – Fill up the Form Now!
How to Open Geojit Demat Account?
To Open Geojit Demat Account, It is necessary to get a glimpse of the steps stated below:
- Find a green “Open Demat Account” button below. Click on it.
- A Pop-up form will appear, Fill up the form.
- You will get a call from the Geojit KYC team & they will guide you for the account opening process
- They will share a link with you. This will contain the EKYC process.
- Remember as the KYC information you need to upload the statement of the bank copy, and along with that give a Passport size photograph.
- Also provide any kind of address proof telephone bill, voter’s id, driver’s license, passport, etc. In addition to that also provide a Pan card as well as an Adhaar card.
- As you are done with the upload, you will receive a verification call from the relationship manager.
Check out the Demat Account Opening Process of other Brokers
Geojit Finance Demat Account Charges
|Geojit Finance Demat Charges|
|Trading Charges [One Time]||NIL|
|Trading AMC [Yearly]||Rs 0|
|Demat Charges [One Time]||Rs 100|
|Demat AMC [Yearly]||Rs 400|
|Offline to Online||Yes|
Unlike other stockbroking companies, the company has formulated the Geojit Account Opening Charges differently. That means here the investors have to pay Rs.100 as the Demat charge initially for having the account. Apart from that, the users will also have to be ready with the amount for the Demat account as well.
Note that the company actually charges Rs.400 as the Geojit Demat Account Charges and the users have to pay this on yearly terms. It is a matter of concern for every investor whether they can dematerialize the substantial capital.
In that regard, it is significant to point out that yes you can dematerialize the fund as you want because the company offers that facility.
Now investors should also be informed that the company has the norm that the investor needs to have at least rs 15,000 as the margin.
Geojit Finance AMC or Annual Maintenance Charges
It is mandatory that to have an account in the company Geojit Finance you need to follow the Geojit Finance AMC charge procedure.
Instead of keeping that free they have made it chargeable, and for that, you have to pay rs 400 for the Demat account. And this has to be paid on yearly basis.
Now talking about the AMC for the trading account, well here is a heart-soothing news for the traders because the company does not charge anything like the annual maintenance charge for having the trading account.
Therefore both investors, as well as traders, would find Geojit an idyllic place to invest and trade.
Check out the Demat Account Opening Charges of other Brokers
Geojit Trading Account
The Geojit Trading Account has extensive benefits which are briefed below:
Multiple platforms for trading
There is great news for traders because the company offers multiple online trading exposures like the Selfie Platinum, Selfie Gold and the Selfie Mobile.
It is again a bumper advantage for the traders as they can catch up with the live news from the market. In addition to that traders can also come across live charts option, which helps them to make the right decision as needed.
Traders can even customize the screen by self-adjusting the market watch window.
Get trading tips
Seriously to overcome trading challenges traders do need to seek advice. But no need to worry as the professional company will give you detailed tips based on in-depth research.
Geojit Finance Demat Account – Conclusion
The Geojit Finance Demat Account has diligently attempted to make the traders and investors satiated with their outstanding performance. Today it is their effort which made them secure a place in both the NSE and BSE listings.
In fact, it was one of the primary stock broking companies in India, which used Social media platforms like Facebook to initiate trading. The stockbroking companies also made great achievements in distant countries as well.
To be precise their NRI trading facility has received momentum over the last few years. On the whole, it has branched to have 480 offices all over India with the sole ambition to have congenial brokerage plans in its offerings.
Geojit Finance Demat Account FAQs
How can I open Geojit Finance Demat Account?
All you need to do is click on a button that says “Open Demat Account”. You will then be directed to the KYC process. Here you will have to upload a few documents, after which your account will be made ready to use.
Is Geojit Finance Demat Free?
Apparently, it is not free. When you open an account, they charge you a total of Rs.100 which sounds just about right. This company has been known to have always catered to the needs of its customer base so investing a meagre sum of Rs. 100 doesn’t hurt.
What are Geojit Finance Demat Charges?
The Demat account opening charges are 100 bucks, followed by the Demat’s AMC which is Rs.400 on a yearly basis. The Trading AMC is fortunately free of cost and there is also dematerialization available. The Margin required is 15,000 bucks which are just as sufficing.
Is AMC levied on Geojit Finance Demat?
There’s nothing more euphoric than knowing that this company provides a substantially leisured AMC. They don’t charge their customers for any maintenance whatsoever, assuring a jovial trader-investor relationship throughout.
Is Geojit Finance’s Demat Account the best?
This company has eased every trade and investor threshold there has ever been. They have made this possible by giving extreme upper-hand tips to the customers and making them knowledgeable about the market.
Does Geojit Finance provide Demat a/c?
As a matter of fact, they do. Customers can have this demat account as well as the trading account and make extravagant profits out of it. This company is an absolute mastermind that aces in changing the face of online accounts in regard to what the customer demands.
What Documents are required for Geojit’s Demat?
A lot of documents are required for the smooth functioning of the account holder. This includes all the KYC documents, namely the bank copy, and a passport-size photograph to go with it. An address proof, mobile number, passport, driving license, PAN and Aadhaar cards are a must as well.
Is Aadhaar Compulsory to Open Geojit Finance Demat?
An Aadhaar card is a pretty necessary document that will ensure your admission into an account-opening portal. An aadhar card is living proof that ensures you’re a human who exists in real-time, making it all the more important for something as beneficial as account creation.
Is PAN required for Opening Geojit Finance Account?
Having spoken about the Aadhaar card as a necessity, a PAN card carries more or less the same weightage when it comes to creating an account. These documents make sure you are a person with an existing record of travelling, domestic expenses, and so on and so forth.
Do they Charge a Demat Account opening Fee?
The opening fee is a total of Rs.300 and the AMC that this company charge is legitimately Rs. 400 which needs to be paid on an annual basis. Herein, they also provide a complete dematerialization which otherwise is a matter of grave concern to the investors.
Open Geojit Finance Demat Account – Fill up the Form Now!
Find out Demat Account details of other Stock Brokers
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