Any Doubts?
Why should I provide my email id?
Email id is required while opening a demat account. All the transaction details and statements related to your account are shared on the email. We also share alerts and information of the transactions made through your demat / trading account.
Interesting Facts
- Smart investors take just 30 seconds to cross this stage
- Watch carefully while entering PAN number. Some people jumble up the characters and hence get the error
- 5th character in the PAN number is the 1st character of your surname or 1st letter of the name incase of HUF
Any Doubts?
Why PAN detail is important?
It’s a mandatory requirement for opening a Demat account as per market regulator SEBI.
Are my PAN details safe with your website?
Yes. We use accredited partners such as NSDL and UTI. This sensitive information is stored in an encrypted format and not shared with anyone.
Interesting Facts
- Bank account numbers are difficult to remember. Most of cheque leafs have account no printed. You may refer that as well.
- We credit ₹1 to your bank account and verify your account number.
Any Doubts?
Why bank details are required for opening a Demat account?
Your bank details are linked to your Demat and trading account, so you can add money and start trading.
Which banks are supported for the fund transfer by 5paisa?
5paisa supports fund transfer from all major banks like Axis Bank, HDFC Bank, ICICI Bank, Bank of India, IDBI Bank,SBI etc.
Are my bank details safe with 5paisa?
Yes, 5paisa is a safe stock broker and registered member of SEBI, BSE, NSE, MCX and CDSL. We are audited regularly by the exchanges.
Interesting Facts
- “DigiLocker is a digital locker facility provided by the government. It allows all Indian citizens to store scanned or digital formats of their documents.”
- "Digilocker is an online digitisation service provided by the Government of India under its Digital India Initiative to access authentic documents from cloud storage."
DigiLocker : A Government Recognised Paperless Storage for all Documents
Any Doubts?
Should I allow 5paisa to access my Digilocker account?
Allowing access to your Digilocker account makes the account opening process seamless. It is 100% safe and just another way of validating your details.
Is it safe to give access to DigiLocker?
Your documents issued in DigiLocker are secure and you need to validate them with your Digilocker login credentials or use your Aadhar number and OTP.
Trivia!
Documents stored in DigiLocker are considered to be legally at par with original documents
Your documents are fetched and verified in real time with your consent
Quick Tips
- We are strongly committed to protecting your personal information that you submit to us
- We ensure strict confidentiality of the information shared and this will be used in manner related to your benefit
- We may use this information to keep you updated with our new products or information which is of interest to you
Quick Tips
- Please ensure that the address details provided match with your KYC address
- Address proof is one of the important documents to kickstart your account opening process
Any Doubts?
Why do I need to do In Person Verification?
In Person Verification (IPV) is a process where the broker verifies the client and his documents in person, as per the circular set by SEBI. Technology allows completing the IPV process online using a webcam or your phone camera.
We need your signature as it is a depository requirement.
Quick Tips
- Do not change your signature. Keep it similar to other documents
Upload all your documents in one place!
Quick Tips
- Click or scan clear images of your documents
- Please scan both the front and back sides of any document that has stamps, seals, or writing on the back
Any Doubts?
Is esign secure?
Esign is a safe and secure way of signing documents digitally. We ensure that the privacy of the signer is maintained. We also ensure usability of secure online services.