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Axis Direct offers a range of account types to cater to different trading needs, including:
3-in-1 Account: This account combines a savings account, a trading account, and a demat account, making it convenient for customers to manage their investments. It allows seamless fund transfers and access to a variety of investment options such as equities, mutual funds, IPOs, derivatives, bonds, and NCDs.
Standard Brokerage Plan: This plan charges a brokerage fee of 0.50% for equity delivery and 0.05% for intraday trading. It is suitable for investors who prefer a traditional brokerage model.
Investment Plus Plan: This plan requires a complimentary delivery turnover of ₹3,00,000 and charges a subscription fee of ₹1,500 per year. It offers lower brokerage rates of 0.35% for equity delivery and 0.035% for intraday trading.
Now or Never Plan: This plan comes with a complimentary delivery turnover of ₹12,00,000 for 10 years and charges a subscription fee of ₹5,555. It offers reduced brokerage rates of 0.20% for equity delivery and 0.02% for intraday trading.
Premium Investment Plan: This plan requires a subscription fee of ₹10,000 per year and offers a complimentary delivery turnover of ₹25,00,000 for 1 year. It charges 0.10% for equity delivery and 0.01% for intraday trading.
Opening an account with Axis Direct is a straightforward process that can be completed online. Here are the steps to follow:
Visit the Axis Direct Website: Go to the official Axis Direct website and click on the "Open an Account" button.
Fill Out the Registration Form: Enter your mobile number and email address to receive an OTP. Complete the registration form with your personal details, including PAN card number and date of birth.
Provide Address and Bank Details: Fill in your address as per your Aadhaar card and enter your bank account details, including account number and IFSC code.
Select a Brokerage Plan: Choose the appropriate brokerage plan that suits your trading needs.
Upload Required Documents: Upload scanned copies of necessary documents such as your PAN card, Aadhaar card, cancelled cheque, and signature.
Complete the KYC Process: Use the Aadhaar authentication option for e-signing. You will receive an OTP on your Aadhaar-linked mobile number to complete the verification.
Submit the Application: Once all details are filled and documents uploaded, submit your application.
Account Activation: Your account will typically be activated within 48 to 72 hours of document submission, and you will receive confirmation via email.
For more details on account types and the opening process, visit the official Axis Direct website.