Anugrah Stock Account Type

Anugrah Stock offers two main types of accounts for its clients: Demat Account and Trading Account.

• Demat Account:
• Purpose: Holds securities in electronic form.
• Charges:
• Account Opening Fee: ₹400
• Annual Maintenance Charges (AMC): ₹250 per annum
• Depository: CDSL & NSDL
• Features:
• Allows trading on various stock exchanges like BSE, NSE, MCX, and NCDX.
• Dematerialization of physical shares available.
• Trading Account:
• Purpose: Used for buying and selling securities.
• Charges:
• Opening Fee: Free
• Annual Maintenance Charges (AMC): Free
• Margin Requirement: ₹0 – ₹300,000
• Features:
• Seamless trading experience on both BSE and NSE.
• Access to various trading products and services.

Anugrah Stock Broker Account Opening Process

To open an account with Anugrah Stock, follow these steps:

• Visit the Official Website: Go to Anugrah Stock's website.
• Fill the Application Form: Click on the "Open Demat Account" button and fill in your details like name, email, and phone number.
• Verification Call: After submitting the form, a representative will call you to verify the details.
• Document Submission: You will be required to upload KYC documents such as:
• Aadhaar Card
• PAN Card
• Address Proof
• Income Proof (like bank statement or cancelled cheque)
• Passport-sized photographs
• Account Activation: Once your documents are verified, you will receive your account credentials (username and password) via email and SMS, allowing you to access your trading account.