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User-friendly 3-in-1 account for seamless trading and banking integration.

Access to quality research and advisory services for informed trading decisions.

Strong customer support with multiple communication channels and extensive branch network.

Higher brokerage fees compared to discount brokers, which may deter cost-sensitive traders.

Account opening fees can be considered high, especially for beginners.

Limited options for flat discount brokerage plans, which may not appeal to frequent traders.

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.

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.