Monarch Networth Capital Account Type

　　Monarch Networth Capital offers several types of accounts for traders, including:

• Trading Account
• Opening Charges: Free
• Annual Maintenance Charges (AMC): Free
• Features: Allows trading in equities, derivatives, commodities, and currencies.
• Demat Account
• Opening Charges: ₹1000
• Annual Maintenance Charges (AMC): ₹300
• Depository: CDSL (Central Depository Services Limited)
• Features: Holds securities in electronic form, making trading more efficient.
• Margin Account
• Margin Requirement: Minimum ₹2500
• Leverage: Up to 10x for intraday trading.

　　

Monarch Networth Capital Broker Account Opening Process

　　To open an account with Monarch Networth Capital, follow these steps:

• Visit the Official Website: Go to the Monarch Networth Capital website.
• Provide Personal Details: Enter your name, email address, and phone number.
• Verify Your Identity: Complete the KYC process by submitting:
• PAN Card
• Aadhaar Card
• Income Proof (e.g., bank statement)
• Link Your Bank Account: Enter your bank details, including account number and IFSC code.
• Complete the Application: Click on the "Submit" button.
• E-sign the Application: Use Aadhaar OTP for e-signing.
• Receive Account Details: After verification, you will receive your account credentials via email and SMS.

　　This streamlined process allows you to open a trading and demat account quickly and efficiently, enabling you to start trading in various financial instruments.