DZH Account Type

DZH offers a range of account types tailored to meet the needs of different investors. The primary account types include:

• Individual Trading Account: This account allows individual investors to trade in stocks, derivatives, and other securities. It typically requires basic documentation such as a PAN card and proof of address.

• Corporate Account: Designed for businesses, this account facilitates trading on behalf of the company. It requires additional documentation, including company registration details and authorized signatories.

• HUF (Hindu Undivided Family) Account: This account is meant for HUFs, allowing family members to invest collectively. Similar documentation as the individual account is required, with additional proof of HUF status.

• Demat Account: A demat account is essential for holding securities in electronic form. It can be linked to the trading account for seamless transactions.

• Margin Account: This account allows investors to borrow funds to trade, increasing their purchasing power but also their risk.

DZH Broker Account Opening Process

Opening an account with DZH is a straightforward process that can be completed online. Here are the steps involved:

• Visit the DZH Website or App: Start by navigating to the DZH homepage or downloading the DZH mobile app.

• Account Type Selection: Choose the type of account you wish to open (Individual, Corporate, HUF, etc.).

• Fill Out the Application Form: Complete the online application form with your personal details, including name, address, and contact information.

• Document Submission: Upload required documents for KYC (Know Your Customer) verification:

• PAN Card (mandatory)
• Proof of address (e.g., Aadhaar, passport, or utility bill)
• Bank details (cancelled cheque or bank statement)

• Live Verification: You may need to take a live selfie for identity verification.

• E-Signature: Complete the e-signature process by verifying your Aadhaar number with an OTP sent to your registered mobile number.

• Verification and Account Activation: DZH will verify your documents, which typically takes 1-3 days. Once verified, you will receive your account login details via email.

• Fund Your Account: After activation, fund your account through bank transfer or other available methods.

By following these steps, you can successfully open a trading account with DZH and start investing in the stock market.