Consortium Securities Account Type

Consortium Securities offers various types of accounts to cater to different investors' needs. The primary accounts available are:

• Demat Account: This account allows investors to hold their securities in an electronic format, making trading more efficient and less cumbersome compared to physical certificates. The demat account is essential for trading on stock exchanges like NSE and BSE.
• Account Opening Charges: ₹0
• Annual Maintenance Charges (AMC): ₹200 per annum
• Minimum Margin Required: ₹1,000
• Depository Participants: CDSL & NSDL
• Trading Account: This account enables investors to buy and sell securities. It is usually linked with the demat account for seamless transactions.
• Account Opening Charges: ₹0
• Annual Maintenance Charges (AMC): ₹200 per annum

Consortium Securities Broker Account Opening Process

Opening an account with Consortium Securities involves a straightforward process. Here are the steps to follow:

• Visit the Official Website: Go to the Consortium Securities website and look for the account opening section.

• Fill the Application Form: Click on the "Open Demat Account" button and fill in the required details such as your name, phone number, and city.

• KYC Verification: After submitting the form, you will receive a call to provide KYC details. You need to submit documents for identity verification, including:

• Aadhaar Number
• PAN Number
• Date of Birth
• Bank details (Account Number and IFSC Code)
• Documentation: You may be required to submit scanned copies of:
• Voter ID
• Aadhaar
• PAN Card
• Passport-sized photograph
• Canceled cheque

• Signature: Sign the form electronically through your Aadhaar or in person.

• Verification: A verification process will follow, and you will receive a call from the company, usually from a relationship manager.

• Account Activation: Once the verification is successful, your demat and trading accounts will be activated within a few hours, and you will receive your login credentials via email and SMS.

By following these steps, you can quickly set up your trading and demat accounts with Consortium Securities.