Anand Rathi offers a variety of account types tailored to meet the needs of different investors. The primary account types include:
- Trading Account: This account is used for buying and selling securities in the stock market. It allows investors to trade in equities, derivatives, commodities, and currencies.
- Demat Account: This account holds securities in electronic form, allowing for easy management and transfer of shares. Anand Rathi provides a 2-in-1 account that combines both trading and demat services.
- NRI Account: Specifically designed for Non-Resident Indians, this account facilitates trading in Indian stock markets, enabling NRIs to invest in stocks, mutual funds, and other financial instruments.
Anand Rathi Broker Account Opening Process
Opening an account with Anand Rathi is a straightforward process that can be completed online or offline. Heres a step-by-step guide on how to open an account:
- Visit the Website: Go to Anand Rathi's official website.
- Select 'Open Account': Click on the 'Insta Account' link available on the top menu.
- Enter Mobile Number: Input your Aadhaar-linked mobile number and click 'Continue'.
- Email Verification: Sign in using your email ID and continue to the next step.
- Provide Personal Details: Fill in your PAN card details and proceed to verify through DigiLocker.
- Bank Details Verification: Link and verify your bank details either via UPI or manually.
- Upload Documents: Upload scanned copies of required documents, including your PAN card, Aadhaar card, and a cancelled cheque.
- E-sign the Application: Complete the e-sign process by entering your Aadhaar number and the OTP received on your registered mobile number.
- Final Submission: Review the provided information and submit your application.
After submission, your application will be verified within 48 hours, and you will receive an email with your login credentials once your account is active.
Documents Required for Account Opening:
- PAN Card
- Aadhaar Card
- Proof of Address
- Latest Bank Statement
- Cancelled Cheque
- Income Proof (if trading in derivatives)
Anand Rathi does not charge any fees for account opening, making it an attractive option for potential investors.
ANAND RATHI accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .