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Axis Bank broker Accounts
Axis Direct Account Type
Axis Direct offers a variety of account types to cater to different trading needs:
- 3-in-1 Account: This account combines a savings account, trading account, and demat account, providing a seamless trading experience. It allows investors to manage their investments efficiently.
- NRI Account: Specifically designed for Non-Resident Indians (NRIs), this account offers access to Indian stock markets with features tailored to NRI needs, including a 4-in-1 account that combines a PIS and non-PIS bank account, trading account, and demat account.
- Brokerage Plans:
- Fixed Plan: Charges 0.50% for equity delivery, 0.05% for intraday, and ₹100 per lot for options.
- Investment Plan (AP1500): Charges 0.35% for equity delivery and ₹100 per lot for options, with an annual fee of ₹1500.
- Now or Never Plan (NN5555): Charges 0.20% for equity delivery and ₹50 per lot for options, with a validity of 10 years and an upfront fee of ₹5555.
- Premium Investment Plan: Charges 0.10% for equity delivery and ₹50 per lot for options, with an annual fee of ₹10000.
Axis Direct Broker Account Opening Process
Opening an account with Axis Direct is a straightforward process. 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.
- Enter Your Details: Provide your mobile number and email address to receive an OTP for verification.
- Fill Out the Registration Form: Enter your PAN number, date of birth, and personal details, including your address.
- Bank Details: Provide your bank account number, IFSC code, and MICR code to link your bank account.
- Select a Brokerage Plan: Choose the brokerage plan that suits your trading needs from the available options.
- Upload Required Documents: Submit scanned copies of your PAN card, Aadhaar card, canceled cheque, and any income proof if needed.
- Complete KYC Process: You can complete the KYC process online through e-sign or by submitting physical documents at a branch.
- Account Activation: Once your application is verified, your account will be activated within 48 to 72 hours.
By following these steps, you can successfully open a trading account with Axis Direct and start your investment journey.
Axis Bank Account info similar to that of a broker
Axis Bank accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .