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KARVY broker Accounts

  

Karvy Account Types

  Karvy Stock Broking Ltd. offers several types of accounts to cater to different investor needs:

  • Karvy Demat Account: This account allows investors to hold securities in a dematerialized form, including shares and bonds.
  • Karvy Trading Account: This account enables users to trade in stocks and can be opened alongside a demat account.
  • Karvy NRI Account: Specifically designed for Non-Resident Indians (NRIs), this 2-in-1 account allows trading in equity, derivatives, commodities, currency, IPOs, and mutual funds while holding securities in a demat account.
  • Karvy Mutual Fund Account: This account facilitates mutual fund investments, with partnerships with over 35 Asset Management Companies (AMCs).
  • Karvy Corporate Account: Tailored for corporate entities, this account requires a minimum initial margin of ₹20 lakh.
  • Karvy Trust Account: Designed for trusts, this account requires a minimum margin of ₹10 lakh.
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    Karvy Broker Account Opening Process

      Opening an account with Karvy is a straightforward process:

    • Visit the Official Website: Go to the Karvy website and locate the account opening section.
    • Fill Out the Application Form: Provide necessary details such as name, email, phone number, etc.
    • Submit Required Documents: Upload documents for identity verification, including:
      • Aadhaar Card
      • PAN Card
      • Bank Account Statement
      • Cancelled Cheque
      • Verification: After submitting the application and documents, a representative will contact you for further assistance.
      • Receive Account Details: Once your documents are verified, you will receive your trading and demat account login details via email and SMS.
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        Account Opening Charges

        • Demat Account Opening Charges: ₹0
        • Trading Account Opening Charges: ₹0
        • Annual Maintenance Charges (AMC):
        • Demat Account: ₹500 per annum (free for the first year)
        • Trading Account: ₹0

          For more details, you can refer to the official source: Karvy Account Opening Process.

KARVY accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
KARVY Account