Aditya Birla Money Account Type

Aditya Birla Money offers a variety of account types tailored to meet the diverse needs of investors. The primary account types include:

• Trading Account: This account allows you to buy and sell stocks, derivatives, and commodities. It is essential for active traders who wish to engage in day trading or long-term investments.

• Demat Account: This account holds your securities in electronic form. It is necessary for holding shares and other securities without the need for physical certificates.

• 2-in-1 Account: This is a combined trading and demat account, providing a seamless experience for buying, selling, and holding securities.

Each account type is designed to facilitate different trading strategies and investment goals, allowing investors to choose based on their specific needs.

Aditya Birla Money Broker Account Opening Process

Opening a brokerage account with Aditya Birla Money is a straightforward process. Heres how you can do it:

• Choose Account Type: Decide whether you want to open a trading account, demat account, or a 2-in-1 account.

• Online Account Opening:

• Visit the Aditya Birla Money website.
• Fill in your personal details such as name, email, date of birth, PAN, and Aadhaar number.
• Validate your Aadhaar information through OTP verification.
• Provide bank details including account number and IFSC code.
• Upload necessary documents like a cancelled cheque and income proof.
• Pay the account opening fee online.
• E-sign your application using the Aadhaar OTP received on your registered mobile.
• Offline Account Opening:
• Visit any of the 40+ branch offices of Aditya Birla Money.
• Complete the application process with the assistance of customer service representatives.
• Required Documents:
• PAN Card
• Aadhaar Card
• Address Proof (e.g., ration card, voter ID, utility bill)
• Latest Bank Statement with IFSC/MICR code
• Photocopy of Bank Passbook or Statement
• Cancelled Cheque
• Two Passport Size Photographs
• Account Activation:
• The online account can be activated instantly if all documents are in order.
• For offline applications, it may take up to 7 working days to process.

By following these steps, you can successfully open an account with Aditya Birla Money and start your trading journey.