Indira Securities Account Type

Indira Securities offers a variety of trading accounts to cater to different trading needs. The primary account types include:

• 2-in-1 Account: This account combines a trading account and a demat account, allowing seamless trading and holding of securities in electronic format. It is ideal for investors who wish to manage their trading and holding in one place without the hassle of multiple accounts.

• Full-Service Broker Account: As a full-service broker, Indira Securities provides comprehensive services including research reports, financial advisory, and stock recommendations. This account type is suitable for investors looking for extensive support and guidance in their trading activities.

• Discount Trading Account: Although not explicitly mentioned, typically, discount accounts focus on lower brokerage fees with minimal advisory services. This type is best suited for self-directed traders who prefer executing trades independently.

Indira Securities Broker Account Opening Process

Opening an account with Indira Securities is straightforward and can be done online or offline. Here are the steps involved:

Online Account Opening Procedure

• Visit the Website: Go to the Indira Securities official website and click on the “Open an Account” link.
• Fill the Sign-Up Form: Enter your name, mobile number, and email address.
• OTP Verification: Enter the OTP received on your registered mobile number.
• Set Password: Create a new password and enter your PAN number and date of birth. The system will automatically fetch your details if you are a KRA verified client.
• Provide Personal Information: Fill in your personal details such as address, marital status, etc., and upload your profile picture.
• Bank Details: Provide your bank account details including account number, bank name, branch, and IFSC code.
• Document Upload: Scan and upload the required documents (PAN card, address proof, etc.).
• Digital Signature: Sign the declaration form using e-sign via Aadhaar.
• Receive Login Credentials: If all details are correct, you will receive login credentials via email to activate your account.

Offline Account Opening Procedure

• Download the Form: Download the account opening form from the Indira Securities website.
• Fill the Form: Complete the form with all required details.
• Submit the Form: Submit the filled form along with the necessary documents to the broker's office.

Required Documents

To complete the account opening process, the following documents are typically required:

• Identity Proof: PAN card, Aadhaar card, passport, or voter ID.
• Address Proof: Utility bill, bank statement, or rental agreement.
• Photographs: Passport-sized photographs.
• Bank Details: A cancelled cheque or bank statement.

Indira Securities provides a user-friendly process for account opening, ensuring that both new and experienced traders can easily set up their accounts to start trading in various financial products.