Aditya Birla Money Account Opening, Trade with ABM 2024

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Aditya Birla Money (ABM), is a composite organization offering brokerage and wealth management services. In addition to allowing trade in Equity, Derivative, and Currency Derivative, ABM offers attractive services such as company deposits, insurance, mutual funds, alternate investments, and structured products for domestic and HNI clients.

Aditya Birla Money: Account Opening Process

Aditya Birla Money has gone out of its way to make the account opening process easy for individual clients and corporates alike. ABM offers account opening services through online and offline modes.

• Online

  To open your Aditya Birla Money account through online channels, you need to complete your eKYC. The account opening method is completely paperless and you can have your account ready in 15 minutes!

  Following are the steps to complete eKYC and initiate the account opening procedure:

  • Head over to https://onlineaccount.adityabirlamoney.com/
  • Enter your personal details, such as Name, Email ID, Mobile Number, and choose your city from the drop-down menu.
  • Click on “Submit”
  • You will be directed to the document verification page, so it would be advised to keep the following documents to allow quick and easy account opening.
    • PAN Card
    • Aadhar Card (containing the updated mobile number to enable digital signature)
    • A scanned copy of a canceled cheque leaf, which should contain the signatures and preprinted client’s name.
    • Scanned or Digital version of passport size photos
    • Income proof, such as Bank Statement (for trading in Derivatives)
    • 16-digit Virtual ID (VID), which is generated by UIDAI (VID can be generated in case you don’t have it)
  • One by one, all your documents will be verified and information related to your documents will be fetched and linked to your account. You may have to upload information such as the scanned copy of your cheque and passport size photo.
    • Start with entering your PAN details along with your date of birth.
    • Verify the contact details (mobile number and email ID) that you registered
    • Input the personal information data, upload the necessary documents, map the account with your bank account, and eSign the entire process by authorization via OTP.
  • Within minutes, you will get a communication conveying you the login ID and password associated to your Aditya Birla Money trading or demat account.
  • Once all your information is submitted, it will be scrutinized by an Aditya Birla Money executive. In the event of any discrepancies, ABM will reach out to you on the contact details submitted by you.
  • You are also required to courier the copies of the above mentioned documents to the nearest Aditya Birla Money branch to make the process simpler.

• Offline

  To open your account with Aditya Birla Money over the offline mode, you may have to visit any ABM Ltd. Branch Office. Upon visiting the branch, you can request for an account opening form from an executive and fill up the mandatory details. Do remember to carry valid ID proof and other documents along with your passport size photograph, cancelled cheque, and photocopies of all documents. On confirmation of your bank mandate, your account will be up and running.

• Account Opening Through Customer Support

  Another way to apply for an Aditya Birla Money trading or demat account is by contacting the customer care:

  • Visit Open An Account Page.
  • Enter your personal details, such as:
    • Full name
    • Email ID
    • Mobile Number
    • City
    • Product or Service
  • Enter the authentication code and accept to the terms of usage of personal data and click on “Submit”
  • You will then be contacted by an Aditya Birla Money customer relationship agent, who will help you in opening your ABM account.
  • You can also contact Aditya Birla Money customer care executives over call or email.

• Branch Network

  Aditya Birla Money has a robust network of more than 40 offline  branches present all over the country in major cities. In addition to the dedicated branches, a number of sub brokers provide the services offered by Aditya Birla Money. ABM has branches in the following states and cities:

  • Andhra Pradesh - Ongole, Secunderabad, Vijayawada and Visakhapatnam
  • Chhattisgarh - Bhilai
  • Delhi
  • Gujarat - Ahmedabad, Baroda, and Surat
  • Haryana - Gurgaon
  • Karnataka - Bangalore, Mysore, and Shimoga
  • Kerala - Cochin
  • Madhya Pradesh - Indore
  • Maharashtra - Mumbai, Nagpur, and Pune
  • Punjab - Chandigarh and Ludhiana
  • Rajasthan - Jaipur and Jodhpur
  • Tamil Nadu - Chennai, Coimbatore, and Madurai
  • Uttar Pradesh - Agra, Allahabad, Ghaziabad, Kanpur, and Lucknow
  • West Bengal - Kolkata

  Aditya Birla Money Branches Near Me

Types of Accounts Offered by Aditya Birla Money

Aditya Birla Money offers a 2-in-1 account, which includes trading and demat accounts. However, it is not mandatory to open a demat account along with your trading account.

List of Documents Required to Open an Account with Aditya Birla Money

As mentioned above, the following documents are necessary to open an Aditya Birla Money trading and demat account:

• PAN Card
• Aadhar Card
• Address/Residential Proof
• Updated Bank Statement (for Derivatives)
• Documents acting as income proof (for Derivatives)
• Photocopy of the front page of the Bank Passbook containing the Account number, Name, Address, and IFSC and MICR codes
• Cancelled cheque leaf
• Passport size photograph (2)
• Self-attested photocopies of all the documents

Aditya Birla Money Account Opening Status

For online account opening, the account is opened within the same day of application. The account can be opened instantly only when you have all the documents readily available. On the other hand, offline bank account opening process may take about 7-10 working days.

You may check the ABM account opening status by connecting with customer support or visiting the nearest branch.

Aditya Birla Money Account Opening Form

A physical copy of the account opening form may be collected from your nearest ABM branch. As for the online account opening process, you can access the form over (self account opening) or (assisted account opening).

How to close Account with Aditya Birla Money?

Aditya Birla Money Account Closure Process

If for some reason, you choose to terminate your ABM account, you need to ensure the following things first:

• All dues with the company must be settled
• Futures and Options positions must be closed
• Switch or sell the purchased securities and empty the demat account before closing it

Steps for Aditya Birla Money account closure:

1. Depending on the type of account that you hold with ABM, visit any of the following links:
   1. for CSDL DP and Trading Account Closure ; or
   2. for NSDL DP and Trading Account Closure
2. Download and print the form. Fill out all the mandatory information and sign it.
3. Enclose the necessary documents and submit it at the nearest ABM branch or mail it to the address mentioned in the form.
4. Upon the successful closure of your account, you will receive the final account statement and intimation. The balance funds will be transferred to the account mentioned by you in your closure forms.
5. In case the formalities mentioned above are not completed within 14 days from the submission of your account closure form, you may contact the customer care to follow up on the closing status.

How to Reactivate Aditya Birla Money Account?

Reactivating your ABM account is extremely easy. You need to:

1. Download and print the forms given below:
   1. Aditya Birla Money Reactivation of commodities account
   2. Aditya Birla Money Reactivation of equities account
2. Fill out the requisite information
3. Submit it at the branch office closest to you or at the address mentioned in the forms