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5paisa Account Opening

5paisa offers to open a demat account free of cost and charge Rs 540 (charged as Rs 45 per traded month) AMC for a Demat account. The broker provides a 2-in-1 account which includes a demat and trading account. This is an all-in-1 investment account where you can trade-in equity, derivatives, commodity, currency, and other segments.

To open an account with 5paisa, you need the following documents:

  • Colour PAN Card
  • Any of your Address Proof, eg., Passport, Driving License, Voter Identity Card, Bank Statement/Passbook, UID, etc.
  • Any Bank Proof, Cancelled cheque with Name printed on it, or bank statement first page with customers’ name
  • Any Income Proof, Copy of ITR Acknowledgment, Copy of Annual Accounts, Copy of Form 16, etc.
  • Specimen Signature: Required for offline transactions in case of digitally signed applications

For more details please visit : 5paisa Account Opening

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