Prabhudas Lilladher Account Type

　　Prabhudas Lilladher offers two main types of accounts for traders: Demat Account and Trading Account.

• Demat Account:
• Purpose: Holds securities in electronic form, facilitating easy buying and selling of stocks.
• Charges:
• Account Opening Fee: ₹0
• Annual Maintenance Charges (AMC): ₹450 (free for the first year)
• Trading Account:
• Purpose: Enables buying and selling of shares and securities.
• Charges:
• Account Opening Fee: ₹0
• AMC: ₹0

　　Both accounts can be opened simultaneously and are essential for trading in the stock market.

　　

Prabhudas Lilladher Broker Account Opening Process

　　The process to open an account with Prabhudas Lilladher is straightforward and can be completed online or offline. Here are the steps involved in the online account opening process:

• Visit the Website: Go to the Prabhudas Lilladher official website.
• Click on ‘Open an Account’: Find and click the button to initiate the account opening process.
• Mobile Verification: Enter your mobile number and submit. An OTP will be sent to verify your number.
• Email Verification: Enter your name and email address. Verify your email with the OTP received.
• PAN Card Details: Input your PAN card number and accept the terms and conditions.
• Select Trading Segment: Choose the trading segments and brokerage slab that suits your needs.
• Bank Details: Provide your bank account information.
• Document Upload: Upload scanned copies of required documents (e.g., PAN card, Aadhaar card, address proof).
• Photo Capture: Allow the system to capture your photo (a webcam is required).
• Submission: Review your details and click on ‘Submit’.

　　After submission, the verification team will contact you to confirm your details. Once verified, you will receive an email and SMS to complete your e-sign using your Aadhaar. The entire process is user-friendly and can be completed within a few minutes if all documents are ready.

　　For offline account opening, you can download the form from the website, fill it out, and submit it at the nearest branch along with the required documents. The account will be activated within a few business days.

　　Documents Required:

• PAN Card
• Aadhaar Card (or other identity proof)
• Address Proof
• Bank Account Proof (cancelled cheque or bank statement)
• Income Proof (for trading in derivatives)

　　This comprehensive process ensures a seamless experience for new traders looking to start their investment journey with Prabhudas Lilladher.