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Why Open Free Demat Account With YES SECURITIES?

Documents Required to Open Demat Account Online

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Identity Proof

Pan Card

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Address Proof

Aadhaar Card

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Nominee addition

Proof of identity

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Signature

Self-attested

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Cancelled Cheque

If bank verification fails

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Research and Sales

Our dedicated team provides in-depth market research and actionable strategies, empowering institutional investors with insights to make informed decisions.

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Comprehensive Research Report

Access detailed market analyses and practical research reports designed to help clients navigate ever-evolving financial markets confidently.

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Product
Distribution

Explore a diverse array of investment products through our robust distribution platform, curated to suit varied financial needs and goals.

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Alternative Investment Fund (AIF) Management

With expertise in managing Alternative Investment Funds, we focus on identifying strategic opportunities and implementing effective risk management strategies.

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What is Demat Account?

A Demat account is a digital platform that makes it simple to trade online by enabling users to keep shares and assets electronically. The NSE launched it in 1996, and since then, it has greatly digitised the Indian stock market, lowering the risks of fraud, theft, destruction, and storage. Dematerialisation is transforming paper share certificates into digital ones that are more easily maintained and available anywhere in the globe. Investors must first register as Depository Participants (DPs) and then submit a Dematerialisation Request Form (DRF) with all their physical assets to create a Demat account. Once activated, they can indicate "Surrendered for Dematerialisation" on the DRF to transform paper certificates into digital versions. When share certificates are turned in, an acknowledgement slip is obtained.

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Hear From Our Customers

Ritika Sharma
Ritika Sharma
32 YrsMumbai

3-in-1 account from Yes securities is the best. No more switcing apps or logging into different places. Everything’s right there, super easy to handle. Now I can just chill and focus on trading.

Manoj Yadav
Manoj Yadav
27 YrsPune

Whenever I’ve had doubts or questions, the Yes app team actually answers the call quickly. They’re helpful and don’t make you feel lost. That kind of support really makes things smoother for me.

Shalini Joshi
Shalini Joshi
38 YrsMumbai

I’ve been checking out their research reports, and honestly, yes securities team make a difference. Helped me take better trading calls—short-term and long-term. It’s clear and straight to the point, not complicated.

FAQs on Open a Demat Account

Why is a Demat account necessary?Minus

A Demat account is essential for holding securities in electronic form, ensuring safe and convenient transactions, quick transfers, and easy management of investments without the need for physical certificates.

Who can open a Demat Account?Plus

Anyone who lives in India and has the necessary identity proof, address proof, and income proof can open a Demat account to buy and sell stocks and other financial products on Indian stock exchanges.

Can I open a Demat account for free?Plus

Some brokers offer free Demat account opening, but there may be annual maintenance charges or other fees for managing the account, depending on the brokerage firm.

How much time does it take to open a Demat account with YES SECURITIES?Plus

Opening a Demat account with YES SECURITIES typically takes 2-3 business days, depending on document verification and processing time after submission of necessary details and forms.

What are the charges to open a Demat account with YES SECURITIES?Plus

Opening a Demat account with YES SECURITIES is free of charge.

Do I need to open a demat account for SIP?Plus

A Demat account is mainly used for buying and selling shares on the stock market. Mutual fund investments, including SIPs, can be done directly by the investor or through a bank or financial institution without needing a demat account.

Can I apply for IPOs using a Demat Account?Plus

To get IPO shares, a Demat account is required. You can open one by submitting your PAN, Aadhaar, address proof, identity proof, and bank details. Since the process is entirely online, you can open and activate your Demat account within 24 hours.

Can a Demat Account be transferred?Plus

Yes, you can transfer your Demat account to another. This can be done by sending a transfer request. The transfer can happen within the same depository or between different depositories. You can do this using delivery instruction slips (DIS) or through online methods.

Can I open a Demat account without opening a trading account?Plus

No, a Demat account cannot be opened without a trading account as both are linked for buying, selling, and holding securities in the stock market.

Is a Demat account mandatory for trading?Plus

Yes, a Demat account is mandatory for trading in the stock market as it is needed to hold the securities purchased through your trading account in electronic form.

Can I have two Demat accounts?Plus

Yes, you can have multiple Demat accounts, but you must ensure compliance with regulatory requirements and declare them to the relevant authorities for transparency.

Is the Demat account part of a 3-in-1 account?Plus

Yes, in a 3-in-1 account (offered by some banks), the Demat account is integrated with a trading and savings account, allowing seamless trading, fund transfers, and investment management.

Can an NRI open a Demat Account?Plus

Yes, NRIs can open a Demat account in India through a designated NRI account with a bank or brokerage firm, following specific guidelines and documentation for non-resident investors.

Can a Demat account be opened in the name of Joint Holders?Plus

Yes, a Demat account can be opened in the name of joint holders, and the account will be jointly managed with rights of ownership and access divided as per the agreement.

Can I link Demat and trading accounts?Plus

Yes, a Demat account can be linked to a trading account for smooth and efficient transactions, allowing seamless buying, selling, and holding of securities through the trading platform.
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