How to trade with Sharekhan?
With its foundation dating back to 2000, Sharekhan has emerged as a pioneer amongst full-service brokers available in India. Sharekhan features prominently amongst market leaders like ICICI Direct, HDFC Securities. Headquartered in Mumbai, the firm caters to over 1.4 million clients located all over. In fact, its reach extends to even the Gulf nations like Oman and UAE.
Through Sharekhan, you can trade and invest in - equities, derivatives, currency, mutual funds and commodities. Sharekhan operates Insta MF for individuals interested in putting their money in mutual funds. Sharekhan also extends advisory services, depository services, and portfolio management services. These products and services are available to individuals, traders, corporate, NRIs, and institutions.
Opening a Sharekhan account is a hassle-free experience. The company offers its potential clients the option to open an account in the following two ways:
Locate a local Sharekhan branch or a sub-broker office closest to your residence. Navigate to to download and print an account opening form. Enter all the details and visit the office. A customer care executive will guide you through the process of opening the account.
Alternatively, you may give a call to the nearest branch or sub-broker office and request a personal visit. The customer care executive will pay you a visit at a convenient time and open the account for you. In addition to opening your account, they will also offer a demo of the products offered by Sharekhan.
Sharekhan is not offering Online Account Opening.
To open a free online trading account, leave your contact information with us. On clicking on "submit" the details will transfer to Sharekhan and allocated to a relationship manager to get in touch with you. The relationship manager will then walk you through the account opening process.
The strongest suit of Sharekhan is the widespread offline branch network. It has a strong presence in about 600 cities with 170 branches and more than 2200 sub-brokers and franchises.
Sharekhan has a massive network of branches present all over the country. You can find your closest branch office in your locality through the branch locator.
Sharekhan offers an online trading cum DEMAT account to all its users. Following are the various types of accounts offered by Sharekhan:
The Sharekhan Beginner First Step account is perfect for those who are stepping into the stock market. The account offers assistance, even for the basic jargons and the nuances of the stock market. It provides research on various products and services in the form of demo CDs, booklets, and seminars, which will offer confidence to the investor. A Sharekhan customer care executive will guide you through all the steps and get you started. In fact, they will assist you in carrying out your first trade, from there on, you can start investing by yourself.
The Investor Classic Account offers hassle-free investments available at the click of a button. Participate in the live action without having to deal with any paperwork and formalities. Through this account, you can get real-time prices and execute orders instantly. You also get access to live analysis carried out by experienced pundits even before and after the market hours.
The Active Trader Trade Tiger is an integrated platform where you can invest in BSE, NSE, MCX, NCDEX, IPOs, and Mutual Funds. This account offers a professional layout where you can keep a watch on multiple indicators through various charts on a single screen. You can define your own alert settings based on a stock price gradation. In addition to all these, an Active Trader Trade Tiger account will give you access to a range of professional tools to ensure that you don’t miss a beat!
The HNI Advisory Account is directed for those seeking advice related to personal investment. Each client is assigned a Relationship Manager, who is responsible for maintaining constant touch with you and send all the updates and alerts regularly. The most attractive feature offered by an HNI Advisory account is the Portfolio Doctor tool that can analyze, realign, and create a model portfolio.
To open a Sharekhan account, you need to have the following documents and self-attested copies of the same:
In addition to the above, NRE and NRO account holders will have to produce the following documents:
To know about your Sharekhan account opening status, you may contact your relationship manager who helped you in opening the account. Alternatively, you may visit the closest Sharekhan branch to know the status. If you have your unique customer ID, give a call on 022 6115 1111 and contact a Sharekhan agent.
Sharekhan Account Opening Form >> download
Another way to get the account opening form, you can call on 022 6115 1111 or give your contact details. The form will be mailed to you on your address. Visiting the closest branch is another way to get the Sharekhan account opening form.
We have covered this topic in separate section, Please refer detail about Sharekhan Account Closure.
Tarding Account Opening Charges: Free
Time to Open an Account: 7 days to 15 days
Opening an account is an offline process with Sharekhan. You need to submit all documents and form to the nearest branch office or receive and send the application form from the corporate office. As Sharekhan is not allowing online application process is a bit slow compared to online application processing. Below are the steps to open an account with Sharekhan:
Wait for a sales representative call from Sharekhan. He will arrange a local representative to visit you or courier you the physical form.
On receiving the form, you need to fill the application. Local sales representative can help you to fill the application. Sign the required document.
You need to include a cheque with your application form Payable to Sharekhan for account opening fees, if any.
KYC will be done offline on the behalf of documents you have submited.
Sign required documents and courier back to corporate/registered office of Sharekhan. Local sales representative can also collect your application form.
Documents verification by Sharekhan support team or sales representative.
On approval/ account activation, you will get an email with user id and password from Sharekhan support team. you will also get user id and password detail with courier service.
Download Sharekhan mobile app or login using web-based trading platform.
Do online fund transfer into your Sharekhan trading account.
You are all set to start your first trade with Sharekhan.
Sharekhan is one of the oldest online brokerages as well as having PAN India presence. The Company has a stronghold in research and customer service providing best in class service to its clients. Excellent Trading Tools and customer service, Free Mutual Fund account, and competitive margin/leverage is the main key to becoming a success in broking industry. Sharekhan has offering for beginners, investors, Pro traders and HNI’s.
To enjoy the products and services offered by a premier full-service broker such as Sharekhan is easy. The company has made itself completely accessible over various channels. You can open an account through online and offline modes. The elaborate steps on account opening have been mentioned above.
To open a new trading account with Sharekhan, Please provide your contact details and Sharekhan representative will connect you ASAP to explain the process.
To open a new account with Sharekhan, currently no offer is available.
Unfortunately, Sharekhan does not have any promo code available for new users.
Unfortunately, no. Sharekhan does not run any referral program for you to include your friends and family on the platform.
Last Updated on 2019-07-08