Skung Tradelink Account Type
Skung Tradelink offers a variety of trading accounts to cater to different investor needs. The primary types of accounts available are:
- Regular Demat Account: Designed for Indian citizens residing in India, allowing them to hold shares and securities in electronic form.
- Repatriable Demat Account: For Non-Resident Indians (NRIs), this account must be linked to an NRE bank account, enabling the transfer of funds abroad.
- Non-Repatriable Demat Account: Also for NRIs, but linked to an NRO bank account; funds cannot be transferred abroad.
Key Features:
- Account Opening Charges: Free
- Demat AMC (Annual Maintenance Charges): ₹300 per annum
- Trading AMC: Free
- Margin Required: Zero margin
- Depository: CDSL & NSDL
Skung Tradelink Broker Account Opening Process
Opening an account with Skung Tradelink is a straightforward process that can be completed online. Here are the steps:
- Visit the Official Website: Navigate to Skung Tradelink's website and look for the "Open a Demat Account" button.
- Fill in Contact Details: Provide necessary details such as your name, email address, and phone number to initiate the process.
- E-KYC Process: You will be directed to complete the e-KYC, which involves entering your Aadhaar number, PAN number, and date of birth for identity verification.
- Bank Details: Enter your bank account number and IFSC code to link your demat account with your bank.
- Document Submission: Upload scanned copies of required documents, including Aadhaar card, PAN card, a passport-size photo, and a canceled cheque.
- Verification: After submitting your application, Skung Tradelink will verify the information provided.
- Account Activation: Once verified, you will receive your account credentials via email and SMS, allowing you to log in to the trading platform.
By following these steps, you can successfully open a trading and demat account with Skung Tradelink and start your investment journey.
Tradelink accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .