ZERO account opening charges

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Open a Demat Account with YES Securities
 

 
 
 

How to Open a Demat Account with YES Securities?

STEP-1

Click on the "Open Demat Account" button

STEP-2

Verify your mobile number and email by entering the (OTP) sent to you

STEP - 3

Fill out the online application with your personal and financial details

STEP-4

Scan your PAN card and take a live selfie to verify your identity

STEP-5

Electronically sign the application using your Aadhar card

STEP-6

Once your application is approved, you will receive a confirmation email

Why Open a YES Securities Demat Account?

  • Research-Backed Advice: Daily recommendations for informed investments
  • Cost Effective Plans: High Value, Low Brokerage Plans
  • Anywhere Access: Trade from your computer, laptop, or mobile phone with equal ease
  • Bouquet of Offerings: Trade & invest across equity, derivatives, commodities and currency
  • Call & Trade: Enjoy call and trade service at zero cost
  • IPO Counter: Apply for IPOs in three clicks
  • Global Investments: Access to 30+ global markets and 35000+ investment instruments
  • Mutual Funds: Choose from multiple AMCs under a single window
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Testimonials

Demat Account - FAQs

A Demat account is like a digital locker that holds all your shares, bonds and other securities in electronic form. You need one because it's a safer, faster and more convenient way of holding your investments compared to physical certificates.

You will need a copy of the following documents:
  • Identity Proof: Aadhaar Card, Driver’s License or Passport
  • Address Proof: Ration card, Passport, Rent Agreement, Recent Electricity or Telephone Bills
  • Bank Proof: A cancelled cheque, bank passbook or bank statement
  • Income Proof: Income Tax Return or Salary Slip
  • PAN Card
  • A Photograph

  • Account opening fees: Rs. 0
  • Annual maintenance charges: Rs. 25 (monthly)
  • Other charges as applicable.

It would not take more than 15 mins. The process may take longer if the documents are not in order.

Yes, you can. You need to submit the physical shares to your broker along with a Dematerialization Request Form (DRF) and they will convert it into electronic form.

A POA is a document that authorizes your broker to operate your Demat account on your behalf. It's required for smooth and hassle-free transactions.

According to SEBI regulations, demat account holders are required to appoint a nominee for their account. You can nominate one or more persons as your nominee(s) who will receive the securities held in your Demat account in the event of your death.

YES, demat accounts can have up to three joint account holders, with one designated as the primary holder and the other two as joint holders.

You can expect to receive delivery of the stocks in your demat account by the end of the second day after the transaction date (T+2 day), excluding market holidays.

It is not possible to directly withdraw money from a Demat account since it is primarily used for holding and trading. You can withdraw money from your trading account if the funds are available in it.