Satco Capital Account Type

Satco Capital offers different types of trading accounts to cater to the diverse needs of its clients. 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 intended 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: Similar to the repatriable account, this type is also for NRIs but is linked to a Non-Resident Ordinary (NRO) bank account, which does not allow funds to be transferred outside India.

The account opening charges for a trading and demat account with Satco Capital are ₹500, while the annual maintenance charge (AMC) for the demat account is free. The trading account AMC is ₹100 per annum.

Satco Capital Broker Account Opening Process

Opening a trading account with Satco Capital is a straightforward process that can be completed online. Here are the steps to follow:

• Visit the Official Website: Go to the Satco Capital website and click on the "Open an Account" option.
• Fill in Personal Details: Provide your name, email address, and phone number to register.
• Enter PAN Details: Input your PAN card information for verification.
• Complete Personal Information: Fill in additional details such as your father's name, gender, and address.
• Bank Account Verification: Enter your bank account details, including the account number and IFSC code.
• Select Trading Segments: Choose the segments you wish to trade in, such as equity, derivatives, or commodities.
• Upload Required Documents: Submit necessary documents for identity, address, and income proof (if applicable).
• E-Sign the Application: Verify all entered information and digitally sign the application using your Aadhaar details.
• Video Verification: Complete an in-person verification via a video call.
• Account Activation: Once all details are verified, your account will be created, and you will receive your login credentials via email and SMS.

By following these steps, you can successfully open a trading account with Satco Capital and start your trading journey.