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      • An Investment Plan for those with >7LPA packages
      • Complete Guide: Investing In Indian Markets
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      • How And What To Research Before Investing
      • Pro Investing Tips To Secure And Maintain A Large Pool Of Wealth
      • 5 Reasons Why You Should Invest 20% of Your Income
      • 10 Golden Rules Of Investing
      • 10 Reasons why you should start investing in your 20s
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Upstox

Upstox Free Demat account Offers – Zero brokerage delivery

April 16, 20210 Comment1.8k

Upstox , India’s second largest discount broker brings you never before Offer on Demat and Trading Account. Get benefits worth upto 4000rs on opening upstox demat account free

upstox demat account - upstox offer
click to open
Click to Open a free Demat account with 4000rs benefits

How to Open Upstox demat account

Table of Contents

  • How to Open Upstox demat account
  • Also Read : How to Open Zerodha Demat Account
  • Documents needed for free demat account
    • Proof Of Identity
    • Proof of address
    • Proof of bank
  • Fields that are to be filled in the demat account form:

Lets understand simple steps to open upstox demat account

Step 1 : Click the link here and enter details like Name ,Email and Phone

Still Confused about which demat account to open , click below to send us whatsapp message and we will help you

Chat on WhatsApp

Also Read : How to Open Zerodha Demat Account

Learn stock markets – call 9838479931 now!

Documents needed for free demat account

  1. If your phone number is linked to your Aadhaar Card then you can open a demat account online–completely paperless.

Proof Of Identity

  • PAN Card
  • UID (Aadhaar)
  • Driving Licence
  • Passport
  • Voter Identity Card
  • NREGA Job Card
  • Any document notified by the central government

Proof of address

Lastly, you’ll need to submit a proof of address in India. There can be some overlap of address proof and ID proof documents. The full list includes:

  • Passport
  • UID (Aadhaar)
  • Voter Identity Card
  • State issues Driving License
  • NREGA Job Card
  • Utility bill which is not more than two months old of any service provider (electricity, telephone, post-paid
    mobile phone, piped gas, water bill).
  • Bank account or Post Office savings bank account statement.
  • Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India.

Proof of bank

You’ll have to show proof of the bank account that you wish to connect with your account. If you have a canceled cheque that has your name on it then you can send it to your broker along with the account opening forms. Or, if you’re opting for the online account opening process you can upload the canceled cheque with the bank’s IFSC code to the online portal.

In a bank proof a broker needs the following from you:

  • Your name
  • Bank’s IFSC Code
  • MICR

Some brokers allow you to submit your bank statement which has your name, MICR and bank’s IFSC code or the front page of your passbook as long as it has all the above details clearly visible.

Fields that are to be filled in the demat account form:

  1. Type of account (Ordinary, NRI, NRI-Non-Repatriable or HUF)
  2. Account holder information (name, address, telephone no., email id etc.)
  3. Second holder details
  4. Guardian details
  5. Extra information for NRIs (foreign address, RBI reference no. and RBI reference date)
  6. Bank details (Account no. , account holder’s name etc.)
  7. Financial details (PAN number)
  8. Photograph
  9. Declaration (Holder’s name and signature)
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  • A Complete Guide: An Investment Plan With Your Partner
  • An Investment Plan for those with >7LPA packages
  • Complete Guide: Investing In Indian Markets
  • Sebi Guidelines And Rules For Opening A Demat Account
  • How And What To Research Before Investing
  • Pro Investing Tips To Secure And Maintain A Large Pool Of Wealth
  • Demat: Basics, Types, and Benefits
  • 5 Reasons Why You Should Invest 20% of Your Income
  • 10 Golden Rules Of Investing
  • 10 Reasons why you should start investing in your 20s
  • What Is A Demat Account?
  • 5 questions To Ask Yourself Before Opening A Demat Account
  • 10 Reasons You Should Begin Investing
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  • 5 Habits Of A Successful Investor 

New Posts

  • A Complete Guide: An Investment Plan With Your Partner
  • An Investment Plan for those with >7LPA packages
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  • Sebi Guidelines And Rules For Opening A Demat Account
  • How And What To Research Before Investing
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