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India Securities Pvt Ltd, one of the most prominent brokers in India facilitates its customer base to trade-in equity, derivatives, commodity, currency, IPO, and mutual funds. The full-service broker is a registered DP with CDSL to offer depository services to people. The brokerage firm provides free demat and trading account opening facility to clients, thus, one can open a 2-in-1 account with IndiraTrade at zero account opening charges. Indira Securities Demat Account authorizes clients to hold and maintain securities converted into electronic balances in their account. However, Indira Securities Trading Account enable person to place buy or sell trade orders across various financial products offered by the broker. The brokerage house only facilitates Indian citizens to open an account online or offline and doesn't provide NRI services. Here, we are providing a thorough review of Indira Securities Account including account opening process, account opening charges, documents requirements, and other key aspects.
Before opening an account, the first question that comes to everyone’s mind is that why to open demat and trading account with Indira Securities, then, its justified answer in terms of the associated account benefits are noted below:
Broker provides both the online as well as offline account opening facility to customers, each of them are discussed here as follows:
Undoubtedly, every broker in today’s era of advanced technology, provides online process to facilitate clients to open demat and trading account instantly. Indira Securities is not at all an exception because opening an account with Indira Securities is completely paperless or online. The online procedure is a hassle-free process because of absence of physical documentation formalities.
Not all the customers are familiar with online account opening therefore, may willing to open an account offline by filling physical forms. To open a demat and trading account offline, you have to submit the duly filled Indira Securities account opening form and submit it to the broker.
All the required forms to open an account with IndiraTrade are available on the broker's website from where users can download the necessary form.
Every brokerage firm takes several documents from clients to comply with the regulatory requirements. The list of account opening documents to trade with Indira Securities is pointed below:
Unlike other stockbrokers that provide an online account status check facility by entering client ID or PAN number, at Indira Securities, to know the status of your account, you need to call the customer service staff for depository desk or write at [email protected].
Check here the complete list of Indira Securities Pvt Ltd demat and trading account Opening Charges;
Transaction | Charges |
---|---|
Trading Account Opening Charges | Free |
Trading AMC | Free |
Demat Account Opening Charges | Free |
Demat AMC | Rs 400 PA |
No-doubt, sometimes investors may require to modify/add/delete their account details such as bank details, address, and contact details such as mobile number or email id. Many brokers offer only offline account modification facility wherein investors need to download, print and submit the duly filed account modification form to the broker to successfully change their account details. However, this is not the case with Indira Securities as the broker facilitates clients through both the online as well as offline route to update their account details such as bank account, mobile number, e-mail address etc. Thus, Indira Securities customers can instantly modify their details online and in hassle-free manner. Clients are also allowed to add segments such as MCX and others for trading online. However, people unfamiliar with the method can select offline route by submitting physical forms to the broker and change their account details.
To download the Account Modification Form, follow these steps;
Download Indira Securities Account Modification Form
The broker doesn’t provide online account closure facility. Anyone who is either not satisfied with the services offered, or not actively engaged in trading activities, or opening an account with another broker, then he or she may close an account with IndiraTrade. To close the account, person needs to send the account closure application letter and thereafter, Indira Securities customer service staff will make telephonic call to the customer to know the account closure reasons. Prior to closure, all funds and securities must be settled. After the exit interview, the broker send a confirmation letter and a copy of it is preserved for future reference. Notably, any account where there is no trade over the last 2 years and also doesn’t have sufficient balance then on the closure of annual books, the account will be closed.
You can check the account closure policies and procedure of Indira Securities account through following these provided steps;
The broker doesn’t provide account closure form online on its website. You have to call the customer service desk or write to the broker at [email protected].
There is no account closure charges means Indira Securities doesn’t charge any fee for account closure.
Indira Securities Pvt Ltd offers a number of financial products such as equity, F&O, commodity, currency, IPO, and mutual funds. Individuals can open a free demat and trading account with the Indira Securities to trade-in various financial offerings. The brokerage house also has an expert team that provides free research and stock recommendations services to customers. Researchers also provide the facility to create a customized portfolio for clients based on their financial objectives. Further, it provides advanced trading application i.e. IndiraTrade Insta mobile app and web trading platform, people can access any platform, and login to trade with Indira Securities online.
You can join the community of happy traders at Indira Securities by opening a 2-in-1 account including trading and demat account online.
Currently, there is no new account opening offer with the broker, however, customers are allowed to open a free demat and trading account with IndiraTrade.
There is no promo code available to open an account with Indira Securities.
The full-service brokerage has a refer n earn program that enable clients to win an exciting rewards up to Rs. 5,000.
Individuals can open a free demat and trading account online with IndiraTrade. Below are the steps to open an account online with Indira Securities;
For the KYC verification, you’ll be required to provide following set of documents to the IndiraTrade.
No, the brokerage firm IndiraTrade doesn't provide only demat account opening service as users are only allowed to open a 2-in-1 account - demat and trading account. Residents can open a free demat and trading account with Indira Securities at zero charges.
Last Updated on 2023-09-14