FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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SAS Online Account Opening 2024

Rated 4/5 by InvestorGain Team
SAS Online Account Opening
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

SAS Online, theĀ discount broker is a registered trading member of NSE, BSE, MCX, and NCDEX to provide equity trading, equity derivatives trading, commodity trading, currency derivatives, and mutual funds investment facility to customers. The broking house is also a depository participant with NSDL to offer SAS Online Demat Account to clients. The discount brokerage firm provides a 2-in-1 account including SAS Online demat Account + SAS Online Trading Account. The broker provides an online paperless process as well as an offline account opening process. The account is accessible on its ALPHA trading platforms such as ALPHA Trader, ALPHA Mobile, and ALPHA Web. Scroll down to check the comprehensive review of the SAS Online Account Opening procedure, charges, documents, and other details.

SAS Online 2-in-1 Account

Individuals can open SAS Online 2-in-1 account, demat + trading account to trade in equity intraday, equity delivery, futures & options, commodity, and currency segment.

SAS Online Account Opening benefits

  • Trade-in equity, derivatives, commodity, currency, and mutual funds.
  • Trading at Low brokerage charges.
  • Referral facilities are available to clients to earn extra benefits.
  • Online as well as offline account opening process.
  • No minimum balance requirements in SAS Trading Account.
  • Free access to ALPHA trading platforms i.e. ALPHA Mobile, ALPHA Trader, and ALPHA Web.
  • Instant SAS fund transfer facility.
  • A dedicated customer service desk that offers value-added services i.e. call n trade and chat facility.

Considerations

  • The 3-in-1 account can't be opened with SAS Online.
  • Only an Indian resident can open SAS Online Account as the broker doesn't provide NRI trading facilities.
  • Unlike other discount brokers such as Alice Blue, a free SAS Online demat account opening facility is not available.

SAS Online Account Opening Process

Taking into account varied customers' preferences and needs, the broker provides both the online as well as offline account opening facility.

Online Account Opening Process

In the tech-savvy period, SAS Online provides a simple, instant, and hassle-free online account opening facility.

To open a SAS Trading and Demat Account in a paperless manner, follow this process;

  • To Start Account opening process, please submit your contact information with us.
  • Go to the broker's website and click on the 'Open an Account'.
  • Enter mandatory fields such as Email, mobile number, password, and click on the 'Register' button.
  • Thereafter, you'll receive two different OTPs, one is mobile OTP and another is Email OTP.
  • Enter details such as PAN number and Birthdate and submit.
  • Fill personal information i.e. name, Aadhar number, address, etc. in the KRA form and proceed with it.
  • Upload FATCA details such as income, profession, etc and click on the 'Proceed' button.
  • Add bank details such as IFSC Code, account type, account holder name, and account number and proceed with it.
  • Select the segments you want to trade-in i.e. equity, derivatives, commodity, and currency.
  • Upload self-attested documents such as bank proof, identity proof, derivative proof, address proof, PAN card, image, and IPV video.
  • Payment of the account opening fee to the broker.
  • As soon as the broker receives the account opening request, your trading account gets activated within 24 hours. Once the account is activated, you'll get a confirmation mail on e-mail as well as mobile SMS. Further, you'll also receive a welcome call from the SAS Online customer representative.

Notably, it is mandatory to send the hard copy of the POA to the broker for equity delivery selling.

Offline Account Opening Process - Download the Form

SAS Online discount broker provides all the account opening forms on its website. Anyone who wants to open an offline account can download the relevant forms, fill it and submit to the broker with the required documents.

Step by step procedure

  • Go to the SAS Online website.
  • Click on the 'Downloads' button.
  • Under the 'Account Opening' tab, you will find all the account opening forms such as Equity Trading + Demat Form, Equity Form, Commodity Account Opening Form, etc.
  • Download and print the relevant form based on your requirements.
  • Fill and sign the documents and send it to the broker's office with self-attested documents.

Offline Account Opening Process - Request the Form

There is also a special facility offered by the discount broker wherein clients just need to fill his personal details such as Name, E-mail, contact number, address, etc. to get the account opening forms at their address via courier. After receiving it, duly filled account opening forms along with the self-attested documents must be sent to the broker's office.

Click here to request account opening forms

Alternatively, one can also request the account opening forms by calling SAS Online customer service desk.

SAS Online Account Opening Charges

TransactionCharges
Trading Account Opening ChargesEquity: Rs 200 and Commodity: Rs 200
Trading AMCFree
Demat Account Opening ChargesRs 200
Demat AMCRs 200

SAS Online Account Opening Forms

SAS Online Account Opening Documents

The account opening with SAS Online requires below provided list of documents;

  • PAN Card.
  • Aadhar Card.
  • Applicant's passport size photograph.
  • Address proof i.e. Driving License, Bank Statement, Passport, Voter ID, Utility Bill i.e. electricity or gas bill.
  • Bank proof i.e. latest bank statement, canceled cheque with printed name, first & latest transaction page of bank passbook.
  • To trade-in derivatives, income proof i.e. latest payslip, form 16, latest IT return latest 6 months bank statement, copy of demat account held with any other broker.

SAS Online Account Opening Status

  • Once any client has submitted all the duly filled documents along with the required forms then the account will be opened, otherwise, in case of missing details, the team will intimate you either over the call or through email. You can check the status of your account by either calling the SAS Online customer service staff or via sending an email to the broker.

SAS Online Account Modification

  • In order to change details such as an address, and others, clients have to submit the account modification form to the broker.

SAS Online Account Modification Form

SAS Online Account Closure Process

  • If you're the one who is not satisfied with the broker's services or planning to open an account with other broker and therefore, wish to close your account then prior to all, firstly, you must clear all your holdings in your demat account and thereafter, send the duly filled account closure form to the broker with the required set of documents. If everything is appropriate then your SAS Online demat and trading account will be closed within 7-10 working days.

SAS Online Account Closure Form

  • SAS Online Account Closure Form is not available online, therefore, you have to call the broker's customer service representative or can either drop a mail on the support desk to get the account closure form over mail.

SAS Online Account Closure Charges

  • SAS Online doesn't charge any fee from clients to close an account with SAS Online means account closure is completely free.

Is SAS Online Good and Reliable Broker?

SAS Online, the low-cost discount broker provides a 2-in-1 account opening facility through both the online as well as offline account opening process. One can use a 2-in-1 account with SAS Online to trade-in equities, F&O, commodities, and currency. The brokerage house provides a range of discount brokerage plans such as flat fee and monthly brokerage plans to customers to offer them low-cost trading benefits. Further, its advanced trading platforms such as ALPHA Mobi, ALPHA Trader, ALPHA Web provides greater level ease and convenience to customers to give them an ultimate trading experience.

New Account Opening - How to join SAS Online?

Clients can open an account instantly with SAS Online following its online/paperless process. Further, users not well familiar with the online process can open SAS Online Trading and Demat Account offline by submitting the duly filled account opening forms with the necessary documents.

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New Account Opening offers with SAS Online

Currently, there is no account opening offers available with SAS Online Trading and Demat Account.

SAS Online Promo Code

There is no promo code available to open a new trading and demat account with SAS Online.

SAS Online Referral Code

Under SAS Online Refer & Earn services, any client can refer SAS Online accounts to fellow traders and get the benefits by earning 20% to 50% of the brokerage as a referral. The brokerage is automatically credited to the client's account. The brokerage house has a different referral plan wherein brokerage increases with the amount of trade executed by referral.

    In this section we have covered most frequest scenario you have about new account opening. Does SAS Online have any promo code? Does SAS Online have any special Offers? What are the refferal benefit with SAS Online if I refer my friends or family? How can I start my trade with SAS Online? Is SAS Online good and reliable?

FAQs

SAS Online offers an online account opening facility wherein clients can complete required details and upload documents to open accounts online. Online account procedure with SAS Online is more simple and easy as it doesn’t require clients to physically visit any of the branches.

  • Provide your personal details such as mobile no. and E-mail that you want to register.
  • Upload FATCA details such as profession, income and other required information.
  • Enter the bank details such as account no. IFSC, account holder name, etc.
  • Select the segment information, in which you want to trade-in.
  • Upload documents such as bank proof, PAN Card, photograph, IPV video, etc.
  • Lastly, the customer has to pay the account opening fee to the broker.
  • Once the account gets activated, login credentials will be sent to your registered e-mail address.

 

To open an account with SAS Online requires following documents to be submitted along with the account opening application.

  • Applicant’s photograph
  • PAN Card.
  • Aadhaar Card.
  • Copy of applicant’s address proof.
  • Canceled cheque for bank proof
  • To trade-in derivatives, income proof is also required.

 

Clients can close their trading account with SAS Online following an offline process. To close the account, firstly account holders must clear his demat account by selling all their securities or transferring it to another demat account. Afterwards, a duly filled account closure form is required to be send to the -broker and thereafter, within 7-10 business days, the demat account will get closed.

 

As the broker facilitates people to open a SAS Online Trading Account by filling online application forms. Therefore, the account will get activated on the same day within 24 working hours and thereafter, the client will receive its confirmation on e-mail and SMS. Further, you will also receive a welcome call from the SAS Online customer representative team. Notably, in case of any discrepancy found, the team will intimate you over either call or email, once it gets fixed, the account will be activated.

 

No, there is no minimum balance or margin maintenance requirement for SAS Online Trading Account. Client can transfer funds to his account as per the trading requirement. The trading account can be opened either online or offline to facilitate traders to place buy or sell orders across equity, derivatives, commodities, and currency segment.

 

Last Updated on 2023-09-14