CIL Securities Account Type

CIL Securities offers two main types of accounts for its clients: Demat Account and Trading Account. The Demat Account is used for holding securities in an electronic format, eliminating the need for physical share certificates. CIL Securities provides access to both National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), allowing clients to choose their preferred depository. The Trading Account enables clients to buy and sell securities on various stock exchanges such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Account Opening Charges:

• Demat Account Opening Charges: ₹300
• Demat Account AMC (Annual Maintenance Charges): Free for the first year, ₹400 from the second year.
• Trading Account Opening Charges: ₹0
• Trading Account AMC: ₹250 per annum from the second year.

CIL Securities Broker Account Opening Process

Opening an account with CIL Securities involves a straightforward process that can be completed online. Heres a step-by-step guide:

• Visit the Official Website: Go to the CIL Securities website and navigate to the account opening section.
• Fill in Your Details: Enter your name, email address, and phone number to initiate the account opening process.
• KYC Verification: A representative will contact you and send a KYC (Know Your Customer) link. You will need to fill in details such as your Aadhaar number, PAN number, and date of birth.
• Bank Details Submission: Input your bank account number and IFSC code.
• Document Submission: Prepare and submit the necessary documents, including:
• Aadhaar Card
• PAN Card
• Latest Bank Statement
• Address Proof
• Passport-size Photograph
• Verification: Review and confirm the details, then sign the declaration digitally. If you do not have access to digital signing, you may need to do it in person.
• Receive Credentials: Once your documents are verified, you will receive your account login details via email and SMS, allowing you to start trading.

This seamless process ensures that clients can quickly and efficiently set up their accounts with CIL Securities, enabling them to begin their investment journey.