Federal Bank Account Type

Federal Bank offers various types of trading accounts to cater to different client needs, including:

• Demat Account: This account allows you to hold shares and securities in electronic form, making it easier to buy and sell on the stock market.
• Trading Account: This is essential for executing buy and sell orders for stocks, derivatives, and other securities.
• 3-in-1 Account: A seamless integration of a savings account, demat account, and trading account, allowing for easy fund transfers and management.

Federal Bank Broker Account Opening Process

To open a trading account with Federal Bank, follow these steps:

• Eligibility: Ensure you are a resident Indian citizen above 18 years of age.
• Account Opening:
• Online Method:
• Fill out the online account opening form (AOF) and print it.
• Submit the application along with a photograph and KYC documents at the nearest branch.
• Collect your account opening kit from the branch.
• Offline Method:

• Download and fill out the account opening form (AOF) manually.

• Submit the application with required KYC documents at the branch.

• Receive your welcome kit, debit card, and fednet pin mailer at your address.

• Required Documents:

• KYC documents (ID proof, address proof, and photograph).
• Permanent Account Number (PAN) or Form 60 if you do not have a PAN.
• Form DA-1 (optional) for nomination.

• Account Activation: The account will be activated within 7 days after submission and verification of documents.

• Start Trading: Once activated, you can start trading using the Federal Bank trading platforms such as FedMobile and FedBook.

For more details, visit Federal Bank's official website.