JM Financial Account Types

JM Financial offers a variety of account types to cater to different trading needs. The primary account types include:

• Individual Account: Designed for single traders, allowing them to manage their investments independently.
• Joint Tenants Account: Suitable for two or more individuals who wish to hold assets together, allowing shared access and control.
• Joint with Rights of Survivorship Account: Similar to the joint tenants account, but with the added benefit that in the event of one account holder's passing, the remaining holder(s) automatically inherit the assets.
• Power of Attorney Account: Allows a designated person to manage the account on behalf of the account holder, providing flexibility for those who may not wish to manage their investments directly.

JM Financial Broker Account Opening Process

Opening an account with JM Financial is a straightforward process that can be completed online. Here are the steps to follow:

• Visit the JM Financial Website: Go to the official JM Financial website and click on the "Open Account" option.
• Fill Out the Application Form: Enter your personal details, including your mobile number and email address. You will receive an OTP to verify your mobile number.
• Complete KYC Process: Submit your PAN card details, date of birth, and other required identity proof documents such as Aadhaar card, voter ID, or driving license.
• Upload Supporting Documents: Provide necessary documents, including bank account proof (passbook or canceled cheque) and income proof (salary slip or account statement).
• E-sign and Verification: Complete the e-sign process using your Aadhaar number and OTP. An in-person verification video may also be required.
• Account Activation: Once your documents are verified, you will receive confirmation via email, and your account will be activated, allowing you to start trading.

This process is designed to be quick and efficient, enabling traders to access the financial markets with ease.