AIL broker Accounts

Alice Blue Account Types

　　Alice Blue offers various account types tailored to meet the needs of different investors. The primary account types include:

• Trading Account: This account allows you to buy and sell securities, including stocks and derivatives. It is essential for executing trades in the market.
• Demat Account: A demat account holds your securities in electronic form, making it easier to manage and trade. It is mandatory for equity trading and is linked to the trading account.
• 2-in-1 Account: This account combines both trading and demat functionalities into a single account for seamless trading operations.

　　

Alice Blue Broker Account Opening Process

　　Opening an account with Alice Blue is straightforward and can be done in several ways:

• Online Account Opening:
• Instant Paperless Account: You can open a trading and demat account online within minutes using the eKYC process. This requires:
• Personal details (PAN, date of birth, Aadhaar number)
• Bank account details (account number and IFSC code)
• Uploading scanned documents
• E-signing using Aadhaar OTP verification
• The account is typically opened on the same working day after manual verification.
• Branch Visit:
• You can visit any of the 15+ Alice Blue branches located across major cities to complete the account opening process in person.
• Request Account Opening Forms:
• If online or branch options are not feasible, you can call customer service to request the account opening forms. Fill these out, sign them, attach required documents, and send them to the Alice Blue office.

　　

Required Documents for Account Opening

　　To open a trading and demat account, you will need the following documents:

• Aadhaar card (proof of identity)
• PAN card with photo (proof of identity)
• Latest bank statement with IFSC/MICR code (proof of address)
• Canceled cheque (to link the bank account with the trading account)
• Passport-sized photograph

　　Once submitted, the account typically takes up to 2 working days to open, and you can track the status online.