Open Your
Free Demat Account
₹0 AMC. No Platform Fees. No Hidden Charges!
or write to us at
[email protected]
Open Your
Free Demat Account
₹0 AMC. No Platform Fees. No Hidden Charges!
or write to us at
[email protected]
Why Open a Demat Account with Us?
Dedicated Support 24×7
Our support team is always on standby to help you on call & text
Online Account Opening
Start using Dhan in less than 10 minutes from your phone or desktop
We’re #MadeForTrade
Building industry first features for India’s traders & investors
Reliable & Transparent
SEBI registered – Millions of users already trust us
How to Open Demat Account?
Verify Mobile & Email
This takes less than a minute and is super convenient!
Digital Account Opening
Submit required documents using your phone, laptop, or desktop!
E-Sign
The final step before your online demat account is active!
Documents Required to Open a Demat Account
Identity Proof
PAN card is mandatory (Please ensure your photo and sign on the card are clearly visible)
Bank Proof
Bank account statements of last 6 months, cancelled cheque and passbook (Any of these)
Address Proof
Aadhaar, passport, driving licence, voter ID, or bank account statements of last 6 months (Any of these)
Income Proof
Bank account statements of last 6 months, 3 months salary slips or ITR (Any of these)
Signature
Photo of your signature on a white paper (The signature must match the one on your PAN card)
Photograph
One passport size photograph is a must (Provide clearly visible and latest photograph)
Things to Know About Demat Account
What is a Demat Account?
A Demat Account, short for “Dematerialized Account,” is an essential component in the Indian stock market. It holds your shares and securities electronically, eliminating the need for physical certificates. This account simplifies the process of buying, selling, and transferring shares, ensuring a seamless and paperless experience for investors. By converting physical shares into electronic form, a Demat Account provides enhanced security and reduces the risks associated with loss, theft, or damage of paper certificates. It also facilitates faster transactions, making it a vital tool for modern-day trading and investment.
How Does a Demat Account Work?
A Demat Account works similarly to a bank account, but instead of holding money, it stores your securities. When you buy shares, they are credited to your Demat Account in electronic form. Conversely, when you sell shares, they are debited from your account. Managed by depositories like NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited), the account ensures secure and efficient handling of securities. The transactions are facilitated through Depository Participants (DPs), who act as intermediaries between the investor and the depository. This system provides a streamlined and efficient way to manage your investments.
MinorMinors can open a Demat Account with the assistance of a guardian. The account is managed by the guardian until the minor reaches adulthood (18 years of age), ensuring their investments are handled responsibly.
IndividualAny individual above the age of 18, with valid identification and address proof, can open a Demat Account. This is suitable for both resident and non-resident individuals.
NRINon-Resident Indians (NRIs) are eligible to open a Demat Account, either repatriable or non-repatriable, allowing them to invest in Indian securities while residing abroad.
CorporateCorporates and other entities, such as partnership firms and trusts, can open a Demat Account. They must provide the necessary documentation and comply with regulatory requirements for their investments.
Contact Us
PCJ has corporate membership with National Stock Exchange of India Ltd. (NSE), Bombay Stock Exchange Ltd. (BSE), Multi Commodity Exchange of India Ltd (MCX) and National Securities Depository Limited. (NSDL)
Registered Office
Address: 803, Nirmal Tower, Barakhamba Road, Connaught Place, New Delhi - 110 001.
Phone: 011 - 4351 2500 To 04
Fax: 011 - 4707 2626
Email:[email protected]
Investor Grivences: [email protected]
Compliance Officer
Mr. Phool Chand Jain
Address:803, Nirmal Tower, Barakhamba Road Connaught Place, New Delhi - 110 001.
Phone: 011 - 4351 2500
Email:[email protected]
CUSTOMER SERVICE
QUICK LINKS
PARTNER WITH US
COMPANY
Support related queries
(9:00 am – 5:00 pm)
Call in for technical support and to access your account information
011 43512502
011 43512503
ATTENTION INVESTORS :
- KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- For Stock Broking Transaction ‘Prevent unauthorised transactions in your account – update your mobile numbers/email IDs with your stockbrokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.
- For Depository Transaction ‘Prevent Unauthorized Transactions in your demat account – Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day.
- If you are subscribing to an IPO, there is no need to issue cheques. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
- Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.
- Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
- Pay 20% or “var + elm” whichever is higher as upfront margin of the transaction value to trade in cash market segment.
- Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
Risk disclosures on Derivatives :
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to ₹ 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost
Advisory For Investors :
- Ensure that pay-out of funds/securities is received in your account within 1 working day from the date of pay-out.
- Register for online applications viz Speed-e and Easiest provided by Depositories for online delivery of securities as an alternative to DDPI/POA.
- Ensure that you receive Contract Notes within 24 hours of your trades and Statement of Account at least once in a quarter from your Stock Broker.
- If you have opted for running account, please ensure that the stock broker settles your account regularly and in any case not later than 90 days (or 30 days if you have opted for 30 days settlement).
- Do not keep funds idle with the Stock Broker.
- Regularly login into your account to verify balances and verify the demat statement received from depositories for correctness.
- Check messages sent by Exchanges on a monthly basis regarding funds and securities balances reported by the trading member and immediately raise a concern if you notice a discrepancy.
- Always keep your contact details viz Mobile number / Email ID updated with the stock broker. You may take up the matter with Stock Broker / Exchange if you are not receiving the messages from Exchange / Depositories regularly.
- If you observe any discrepancies in your account or settlements, immediately take up the same with your stock broker and if the Stock Broker does not respond, with the Exchange/Depositories.
- Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
- Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.
As per advisory issued by exchanges, while dealing in options, clients/investors shall avoid the following :
- Sharing of trading credentials – login id & passwords including OTP’s.
- Trading in leveraged products like options without proper understanding, which could lead to losses.
- Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks.
- Dealing in unsolicited tips through WhatsApp, Telegram, YouTube, Facebook, SMS, calls, etc.
- Trading in “Options” based on recommendations from unauthorized / unregistered investment advisors and influencers.
Awareness regarding guidelines of margin collection :
1)Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020.
2)Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge.
3)Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.
Issued in the interest of investors