SHCIL Services Demat Account – Find Opening Process, Charges, AMC & more
Last Updated Date: Nov 24, 2022SCHIL Service is a SEBI registered stockbroking company which assures to deliver productive Demat and trading account services to their customers. The broking company strongly focuses on confidentiality and integrity in dealing with the customers who own SCHIL Service Demat account.
SHCIL Services ensures to execute every transaction of their customers only after complete verification. This article is written to make you aware about SCHIL Service trading account, demat account and every other detail about them. We have also included the steps to open a demat account.
SHCIL Services Demat Account
Here, we are discussing SHCIL Services Demat account benefits. They will basically encourage you to invest in the account as you will be the sole bearer of the benefits.
- The Demat shares will not be retained in the paperwork furthermore, rather listed in the back office section of the account. It is accessible at all times.
- Demat shares can be transferred without any transfer deeds, making it easy and convenient for you.
- Trade settlement will be done speedily as the company is a depository participant with both the authorities, CDSL and NSDL.
- With the help of SHCIL Services Demat account, corporate benefit such a bonus or rights will be disbursed immediately.
- There will be the minimization of handling paper works for broker’s stock exchanges etc.
- Traders will be facilitated with periodic research reports, holdings and transaction reports.
- By holing Demat shares in electronic format, customers are not needed to be concerned about the receipts and payments slips as well as delivery instruction slips.
- The SHCIL Service Demat account opening charges are economical and so are the account annual maintenance charges.
Open SHCIL Services Demat Account – Fill up the Form Now!
How to Open a SHCIL Services Demat Account?
If you are searching to open your Demat account with a renowned stock broking company, then SHCIL Services is one of the most reliable stock broking company engaged in delivering exemplary Demat account services to their customers.
Customers of SHCIL Services can open their Demat account both online and presenting in the nearby branch office. If you prefer taking up the online medium, refer to the steps given below, to open SHCIL Services Online Demat account.
Give a read up to the steps, in order to understand the documents necessity as well.
- The predominant point which is to be carried is to, click on the green button “Open Demat Account”.
- As you will download the Demat account from, multiple questions will be asked by you to fill such as your name, address, age, etc. Do the needful and the company will call you back to share a link of EKYC with you.
- Open the link to find the form, and fill in the details of identity and back, i.e. Aadhaar number, Pan number, date of birth, bank account number and IFSC code.
- You must mention you complete name, as it is in your official documents.
- Every question you answer and ever detail you fill will be validated by the officials of the company.
- After validating your answers, you will be further asked to upload your documents, and the documents you will need are mentioned below.
- The documents will also be sent for the validation, after you sign the form using your Aadhaar card.
- After the successful validation procedure, you will be able to access your Demat account
- You can be able to operate your Demat account easily by mentioning the login details offered by the SHCIL Services.
Here are KYC Documents you are required to submit to SHCIL Services.
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- Address proof
- DOB proof
- Pan card
- Aadhar card
- Passport size photos
- Bank account details
SHCIL Services Demat Account Charges
Here is the reference of SHCIL Services Demat account charges. Demat account opening charge is the cost paid by the customers of the SHCIL Services to the company, while they approach to open their Demat account.
SHCIL Services Demat Account Charges | |
Depository Participant | CDSL & NSDL |
Account Opening Charges | Rs.399 |
Demat AMC | Rs.229 per Annum |
Trading AMC | Free |
Margin Required | Minimum Rs.5,000 |
Dematerialization Available | Yes |
The SHCIL Services account opening charge levied on the customers of SHCIL Services are Rs.399. It is a single payment customers need to pay. The SHCIL Services is linked with the Depository Participant of CDSL & NSDL.
SHCIL Services even intends to deliver Dematerialization services to their customers
Find Account Opening Charges of other Stock Brokers
SHCIL Services AMC or Annual Maintenance Charges
Moving on to the SHCIL Services AMC for both demat and trading account:
The trading and Demat annual maintenance charges are paid by the customers along with account opening charges to maintain their both the account simultaneously.
SHCIL Services Demat account annual maintenance charges are Rs.229 per annum. SHCIL Services trading account annual maintenance charges are Free of cost
The minimum margin money maintained by the customers of SHCIL Services is Rs.5000. Without which, you will not be able to carry out any transactions.
SHCIL Services Trading Account
Let us walk you through the SHCIL Services trading account benefits, so you can make a fixed decision of opting for this company’s account.
- Transparent and cost-effective trading service and transactions.
- 24 hours of customers’ assistance service.
- Easy, fast and secure trading platform.
- Investment trading platform backed by robust technology.
- Research and advisory services offered can be customized to your needs.
- SHCIL Services ensures to maintain, protect or grow your wealth.
- Web trading platform offered by SHCIL Services can be operated without downloading any software.
- A relationship manager will be available to assist the customers during their trades.
- Including user-friendly trading platforms, the clients of SHCIL Services will even be facilitated with other exemplary services.
- The best approach to transfer your funds or shares from one account to another account.
- The SHCIL Service trading account opening charges are Zero and so are the trading account annual maintenance charges also free of cost.
SHCIL Services Demat Account Conclusion
SHCIL Services is a SEBI registered corporate company, which offers the most reliable and secure trading and Demat account service to its customers. This service is being carried out through both the renowned stock exchanges such as BSE and NSE.
While opening the SHCIL Services trading account, traders will be free from all the paperwork formalities as every transaction will be done electronically and will be permanently saved. At last, it can be concluded that SHCIL Services Demat account and trading account services are highly effective.
Open SHCIL Services Demat Account – Fill up the Form Now!
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