Pantomath Stock Brokers Account Type

Pantomath Stock Brokers offers various types of brokerage accounts to cater to different investor needs. The primary account types include:

• Cash Account: A straightforward account where investors can only trade with the deposited funds without borrowing any money. This account type is suitable for beginners who want to avoid additional risks.

• Margin Account: This account allows investors to borrow funds from the broker to purchase securities, potentially amplifying their returns. However, it comes with increased risks as investors are responsible for repaying the borrowed amount with interest.

• Demat Account: Pantomath provides a demat account for holding securities in electronic form. The annual maintenance charges (AMC) vary based on the chosen scheme:

• Basic Scheme: Individual - ₹200, Corporate - ₹1000
• Zero AMC Scheme: Individual with a deposit of ₹3000, Corporate with a deposit of ₹10000
• One-Time AMC Scheme: Individual - ₹1500, Corporate - ₹5000

• Promoter Account: Designed for promoters, with specific AMC charges: Individual Promoter - ₹1000, Corporate Promoter - ₹10000.

• Escrow Account: This account has an AMC of ₹20000.

Pantomath Broker Account Opening Process

Opening a brokerage account with Pantomath Stock Brokers is a straightforward process. Follow these steps:

• Visit the Official Website: Go to Pantomath Group to start the application process.

• Choose Account Type: Select the type of account you wish to open (Cash, Margin, or Demat).

• Fill Application Form: Complete the online application form with your personal details, including name, address, PAN number, and bank account information.

• Submit Required Documents: Provide necessary documents such as proof of identity (e.g., Aadhaar card, passport) and address verification.

• Review and Agree to Terms: Carefully read the terms and conditions, and agree to the account agreements.

• Fund Your Account: You can fund your account through various methods, including electronic transfer, check, or by transferring investments from another brokerage.

• Account Activation: Once your application is processed and approved, you will receive confirmation, and your account will be activated.

By following these steps, you can successfully open a brokerage account with Pantomath Stock Brokers and begin your investment journey.