Multiplex Capital Account Type

Multiplex Capital offers several types of accounts for investors looking to trade in various markets. The primary account types include:

• Regular Demat Account: Designed for Indian citizens residing in India, this account allows users to hold securities in electronic form.
• Repatriable Demat Account: This account is specifically for Non-Resident Indians (NRIs) and must be linked to a Non-Resident External (NRE) bank account, enabling the transfer of funds abroad.
• Non-Repatriable Demat Account: Also for NRIs, this account is linked to a Non-Resident Ordinary (NRO) bank account, which does not allow the transfer of funds out of India.

The account opening charges for a trading and demat account with Multiplex Capital are ₹239, and the annual maintenance charge (AMC) for the demat account is also ₹239 per annum. The trading AMC is free, and a minimum margin of ₹1,000 is required to start trading.

Multiplex Capital Broker Account Opening Process

Opening an account with Multiplex Capital involves a straightforward process:

• Visit the Official Website: Go to the Multiplex Capital website and click on the option to open a demat account.
• Fill Out the Form: Provide details such as your name, mobile number, and city. An executive will then contact you via phone to guide you through the e-KYC process.
• Submit Required Documents: You will need to upload documents for identity verification, including:
• Aadhaar Card
• PAN Card
• Address Proof (e.g., bank statement or cancelled cheque)
• Passport-sized Photograph
• Verification: After submitting the documents, Multiplex Capital will verify them, including PAN verification and physical verification of your documents.
• Account Activation: Once the verification process is complete, you will receive your trading account information, including your username and password, via your registered email.

This process ensures that you can start trading with Multiplex Capital efficiently and securely.