Nuvama Account Type

　　Nuvama offers two main types of trading accounts to cater to different trading needs:

• Nuvama Lite:
• Designed for customers looking for a low-cost trading platform.
• Charges a flat brokerage rate of ₹20 per order.
• Suitable for intraday trades and trading against collateral.
• No hidden charges.
• Nuvama Elite:
• A full-service brokerage plan for frequent traders.
• Includes all features of the Lite plan without additional charges.
• Provides a dedicated relationship manager and access to exclusive products.
• Offers customized leverage and portfolio monitoring with proactive advice.

　　

Nuvama Broker Account Opening Process

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

• Visit the Online Account Opening Page:
• Go to Nuvama's website or mobile app.
• Enter Profile Information:
• Fill in your personal details and select your brokerage plan.
• Video IPV:
• Record a video for identity verification.
• Document Upload:
• Upload soft copies of required documents like PAN card, Aadhaar card, and bank statements.
• E-sign:
• Complete the e-signing process for the application.
• Activation:
• Accounts are typically activated on the same day if all documents are in order.

　　Required Documents:

• PAN Card
• Address Proof (Aadhaar Card)
• Bank Statement (latest 3 months)
• Signature Image
• Passport Size Photograph

　　Additional Notes:

• The entire process can take as little as 15 minutes if all documents are ready.
• Nuvama allows you to open an account without a minimum deposit, encouraging new traders to start without significant financial commitment.