Quick Facts on How to Open an Online Trading and Demat Account
| Trading and Demat Account Opening Fees: | You can open a FREE trading and demat account with SAMCO Securities, one of India’s leading discount brokers offering a low brokerage of Flat Rs. 20 per executed order irrespective of the order size. |
| Trading and Demat Account Opening Process: | 1. Register Online 2. Complete the online application 3. E-sign your documents 4. Post the mandatory documents |
| Trading and Demat Account Opening Charges: | Charges associated with a Trading account – Brokerage and other trading related expenses Charges associated with a Demat Account – Annual Maintenance fees, Demat Charges, and other transaction charges |
Special Offer on Account Opening:
Free brokerage trading for 1st month on all trades for a month done through the Samco web and mobile app.
The account opening process has become much easier these days with the help of technology. You only need to spend 5 to 10 mins on the account opening process and have your trading account ready within 24 to 48 hours.
Samco is the pioneer in the account opening process with our complete digital process. Following are the steps to open an account with Samco
Step 1: Visit www.samco.in and click on Open An Account button on the top.
Step 2: Fill in the registration form. The registration form has 3 fields – Name, Email ID, Mobile Number. Fill in these details carefully.
Step 3: Enter your PAN info and your date of birth as per your PAN.
Step 4: Fill your personal info in the given fields.
- First Name
- Last Name
- Father’s Name
- Gender
- Marital Status
- Annual Income
- Occupational Details
And click on Next.
Step 5: Enter your residential address as per your address proof.
Step 6: Verify your registered email ID either with OTP or using Facebook or Google login.
Step 7: Enter the bank details that you wish to register with your trading & demat account. After submitting the proper details, we’ll credit you with a small token amount to verify your bank account. (Please enter the decimal values, too)
Step 8: Choose the segment/ instruments in which you wish to operate. With Samco’s 3-in-1 account, you can even hold mutual fund units in your demat account.
And if you have been referred by your friends/ colleagues/ family members to Samco, you can get rewards like Free Trades by using their referral code (Example of a referral code: RP30453). Your introducer earns cash rewards and free trades, too. Check out Samco’s Referral Program.
Step 9: Upload the mandatory documents where required.
Keep the photocopies of the following documents handy while opening account:
- Photograph
- PAN
- Bank Proof (Cancelled cheque/ Passbook Front Page)
- Address Proof (Aadhar Card/ Electricity Bills/ Ration Card/ Phone Bills/ Voter’s ID)
- Income Proof (Bank Statement/ Demat Holdings Statement/ Form-16)
- Signature (Should match the one on PAN)
You may upload the documents in either jpg or pdf format.
Note:
- If your bank verification is successful in the previous stage (vide step 9), you need not upload the bank proof.
- For an F&O account, please submit the latest 6-month bank statement as the income proof.
Step 10: Review your submitted details and digitally sign your trading/ demat account application.
Route 1:
If you choose to proceed with the Aadhaar, you’ll be redirected to the following screens.
Click on Agree and proceed to the next stage, wherein you’ll need to enter the OTP received over SMS.
Route 2:
If you choose to proceed without Aadhaar verification, you need to digitally draw your signature on the e-signature pad with the help of a mouse (if you’re on PC) or with your finger (if you’re on your mobile phone).
After drawing your signature, you need to place your signature within the yellow fields to digitally sign your trading/demat account form. You can simply click on the yellow boxes and your signatures will be placed instantly.
Next, record an ‘in-person verification’ video with the help of your mobile phones or webcam.
Hold out your PAN or Aadhar card in front and record the video in your preferred language – Hindi or English. Then recite the following words as shown on your screen.
And that’s it!
You will have successfully registered for a trading and demat account with Samco.
To complete the entire account setup, you need to submit a signed copy of the POA (Power of Attorney) in order to sell your shareholdings in Samco.
As soon as your POA documents are received, you shall also be able to track your trading and demat account opening status on the Samco Account Opening Status Tracker.
In case you have any questions, feedback, or need support, you can contact us at +91 – 22 – 2222 7777 / +91-22-6169 900 or raise a ticket in our Support Help Desk.
Watch this video to know how to open demat and trading account
Important Links
Why Samco is the Best Demat Account in India?
Advantages of a Demat Account
Understanding a Demat Account statement
Do’s & Dont’s of a Demat Account
How to use a Demat Account?
Detailed Demat Account charges
—-
Visit the Samco Knowledge Centre for more such useful articles
Learn StockMarkets for free on www.tradeflix.com
Was this article helpful?
Share
Hello SAMCO,
Do u have any plans for NRI customer?
Regards
Javad
How to open account in Mohali Punjab 9988855776
I want open a account here, 9451200843
I don’t have internet banking.
May I open demate account in Samco.
i want open a account here.9649353449
Thank you for getting in touch with us. We are glad to see you show an interest in opening an account with us. We at SAMCO provide clients with the opportunity to invest money in stocks with minimum brokerage charges. We’ll arrange a call from our sales executive to guide you through the account opening process. Thank you for your time. Have a great day!
Your contact no not useful. No one receives call regularly. I have some problem regarding account opening. Plz contact me
Dear Mr. Tushar, we are sorry for the inconvenience caused by this. Please accept our apologies. We assure you that we work for the sake of our clients, and it isn’t, in any way, our intention to neglect the cries of our customers. Kindly do write a mail at support@samco.in with your mobile number and we’ll arrange a call from our sales department to assist you with the account opening process. Thank you for your time & patience. Have a great day ahead!
How we can upload a video in opening an account
Dear Manisha, thank you for getting in touch with us. To upload the video, log in with your saved password on to this webpage. https://www.samco.in/samco_account
You may video directly from your phone, or you may record live video using your mobile phone. Here’s a short demo video. https://www.youtube.com/watch?v=akDVEqb8PoI
We hope this resolves your query. If you have any more queries or issues, feel free to contact us; we’re happy to help you. Thank you for your valuable time. Have a great day ahead!
I am trying to open an account but facing problem. Please help
Hi, Please drop in an email on sales@samco.in and our team will get in touch with you for all the assistance you need…
Hi
Please tell me the email where i can send the signed copy of the POA document
Thanks & Regards,
Andal S
Dear Sir,
With regards to your query, we request you to kindly send the scanned copy of POA & Acknowledgment page on kycsupport@samco.in.
For any other queries/information, you can mail us on support@samco.in or raise a ticket on https://www.samco.in/support, our executive shall assist you on the same.
Looking forward to serving you soon.
Thanks & regards,
Team Samco
How can i get my ID again? I just forgot my Samco ID or Client ID!
Hello Sir,
Thank you for reaching out to us!
This is to inform you that your email id thapaabhijeet6219@gmail.com is registered with us & your account opening process was completed on 17th March 2021. If any deficiency, we shall inform you about the same.
For any other queries/information, you can reach out to us on +22 2222 7777, our executives will assist you on the same.
Looking forward to serving you soon.
Thanks & regards,
Team Samco
Phone call Castomercare
i have try a 3,4 times but my document was not proper rejected the document…how can i my my open account
Hello Sir, we have arranged a call for you from the concerned department. They’ll get back to you as earliest as possible.