KIFS Trade Demat Account – Find Opening Process, Charges, AMC & more
Last Updated Date: Nov 17, 2022KIFS Trade represents the KIFS Group as a flagship company. The company was founded in 1995 and, its customers have responded amazingly towards them ever since.
In short, KIFS Trade believe in innovation and, they are keen on serving their customers with the best possible services by medium of KIFS Trade Demat Account.
However, this article has no concerns about the company’s achievements or offers. It concerns only with KIFS Trade Trading Account and Demat Account.
So, we’ll elaborate the benefits of each of these accounts. We’ll tell you about the process to get access to both of the accounts. And, we’ll even establish the specific charges they incur for providing various services.
Kifs Trade Demat Account
KIFS Demat Account is developed to benefit the customers a lot. And, we have enlisted all the benefits they grant right below this part. So, just take a few moments for a quick glimpse:
- The company offers free account opening to the customers. This means that the customers do not have to bare any charges at all to begin trading and investing.
- KIFS Demat account can be used to invest across several exchanges. And, by several, we are referring to BSE, NSE, USE, OTCEI and MCX-SX.
- Each of the account comes integrated with usage applicable on multiple platforms. These platforms include a terminal based platfrom and a mobile app. Each of these platforms come integrated with unique features. And, these features enable the investors to easily spot opportunities, analyze situations and implement appropriate actions for better profit.
- Estabilished as the believer of speed and agility, all the trading solutions provided by the company are swift and hassle free for the customers. This enables the customers to enjoy optimum trading environment.
- Claim placed by the company is of serving over 1,00,000 customers in the last few years. Therefore, they have a huge experience of serving a versatile clientele.
- They offer all of their clients with flexible brokerage plans. This helps the customers to choose their own way of paying the company in terms of their investment criteria.
- Accessing research reports, free stock tips, company stock review, monthly and weekly reports and offline advisory can be enabled with a KIFS Trade Demat Account.
- Relationship Manager is always on line to provide dedicated support to the customers.
Open Kifs Demat Account – Fill up the Form Now!
How to Open KIFS Trade Demat Account?
Here’s a set of actions that you must take in order to open KIFS Trade Demat Account. We must tell you that the entire process is rather easy to execute. And, you’ll be able to execute all the steps mentioned below with utmost ease. So, here’s how the instructions follow:
- Commencing with the first step, locate and click on a very specific button. The button we’re talking about in gren and has “Open Demat Account” written over it.
- Once you do that, you’ll find a pop up on your computer screen. And, you’ll be shown an unfilled form, asking you to fill up your contact details.
- Next step will be to wait for an executive from the company to call you, who will then share the EKYC link. Read the entire form thoroughly from top to bottom. This will help you understand the relevance of the form in the first place.
- Link must be filled with Id proof details such as Aadhaar number, PAN number, and date of birth, and bank details such as Account number and the IFSC
- In order to verify all the information you provide, you must even share a few documents as scanned copies. These documents will include Aadhaar, PAN card & Cancelled cheque.
- Next comes the sign process, where you need to sign the form digitally with the use of Aadhaar or in person.
- The next step will be to simply wait for a call from the company.
- A company representative will then call you to help you through all further formalities.
- You may expect to get the access to your new Demat Account in a day.
Check out Demat Account Opening Process of other Brokers
Kifs Trade Demat Account Charges
Kifs Trade Demat Charges | |
Rs 0 (Free) | |
Trading AMC [Yearly] | Rs 0 |
Demat Charges [One Time] | Rs 0 |
Demat AMC [Yearly] | Rs 330 |
Margin Money | Rs.25,000 – Rs.100,000 |
Dematerialization Available | Yes |
There are no specific KIFS Trade account opening charges. What we’re trying to say that the customers need not pay any KIFS Trade Demat Acount charges whatsoever. And, the clients need to maintain a minimum margin money.
Such a margin balance is subject to the selected brokerage plans. Nonetheless, the range varies from Rs.25,000 to Rs.1,00,000 for the customers. The company even provides the customers with Dematerialization facility.
Kifs Trade AMC or Annual Maintenance Charges
AMC or annual maintenance charges are incurred upon the customers on a recurring basis. And, these charges are incurred even if the customers do not commence any trades whatsoever.
Most of the financial services providers incur these charges and it helps the companies to further improve their services towards the customers.
KIFS Trade AMC does not incur any sort of Trading AMC upon their customers. However, they do charge Rs.330 per annum for Demat AMC.
Check out Demat Account Opening Charges of other Brokers
Kifs Trade Trading Account
The KIFS Trade Trading Account acts as an addon towards the KIFS Trade Demat Account. This helps the customers to transact the stocks.
In short, it enables the account holders to trade across different exchanges. It even allows the customers to engage with other traders. Here are some of benefits of these accounts: –
- Customers are not required to provide any additional documents for availing the KIFS Trading Account. In fact, the customers are not required to commence any specific formalities either. All the formalities are taken care of during the Demat Account Registration procedure itself.
- KIFS Trade Trading Accounts are provided to the customers without any recurring AMCs.
- Having a KIFS Trade Trading Account enables the customers to enjoy a lot of additional benefits. In fact, the accounts can be used to enjoy upto 15 times the average trade exposure on trade values.
Kifs Trade Demat Account – Conclusion
We highly recommend the KIFS Trade Demat Account. The accounts come with a lot of added advantages. They are easy to get access to. And, they provide services that are more than a match for the industry leaders.
In fact, KIFS Trade claims to be the second best in its class afterall. Moreover, you must even understand that the Demat and Trade Accounts of KIFS Trade come integrated to be used with various platforms.
Open Kifs Trade Demat Account – Fill up the Form Now!
Find out Demat Account details of other Stock Brokers
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