If you want to start trading quickly, Anand Rathi Demat Account is your go-to. Anand Rathi Account Opening is quick and easy and free of charge for the first year.
After that, an Annual Maintenance Charge (AMC) of Rs 450 is applicable. You can open an Insta Account online through eKYC and Aadhaar in 15 minutes.
If you prefer going offline, visit one of their 1200 branches. Closing the account is a simple form submission process.
This Anand Rathi Demat Account Review will help you know various aspects to consider before choosing it.
Broker Type | Full Service Broker |
Active Demat Accounts | 1 Lakh+ |
Account Opening Charges | Free |
AMC | Rs.450 per Year (1st Year Free) |
Free Account Opening | Yes |
Free AMC | Yes, Limited |
Anand Rathi Demat Account Review by Finec.in
Overall Rating
Account Opening Process
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Anand Rathi Demat Account – Top Features
Anand Rathi Demat Account is a full-service broker offering a Demat account with various features, making it an excellent choice for beginners and experienced investors.
It is particularly appealing thanks to its:
- You can start with an Anand Rathi Account with no upfront fees.
- Open your account in 15 minutes through eKYC and Aadhaar.
- The user needs to pay only Rs 450 per year for AMC. Although it is free for the first year.
- The broker offers a user-friendly platform for efficiently trading stocks, options, and mutual funds.
- This broker has an Extensive network of over 1200 branches across India for in-person support.
Anand Rathi Demat Account Opening Charges
Account Opening Charges
Annual Maintenance Charges (AMC)
DP Charges
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges
Anand Rathi Demat Account charges won’t cost you much! They don’t charge anything to open the account, which is excellent for people who want to start trading without spending much money initially.
After the first year, Anand Rathi AMC, the yearly fee is 450 rupees, but guess what? The first year is free! So, you save money in the beginning.
The broking house also has a simple fee plan – just 20 rupees for each scrip when you sell it.
This makes it affordable for everyone, and its easy-to-use platform makes it a good choice for new and experienced investors.
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Anand Rathi Demat Account Offers
Free Account Opening
Free AMC
Free Brokerage
Free Research Reports
Free Trading calls
Referral Offers
Anand Rathi Demat Account Opening Process – Step-by-Step
Anand Rathi Demat Account opening is easy and quick. You can do it online, and it usually takes about 15 minutes.
For online account opening, enter your basic information, such as your birthdate, PAN, and Aadhaar number. Make sure your Aadhaar info is correct.
Then, upload the necessary documents, pay the account opening fees, and confirm everything with an Aadhaar OTP.
But wait, if you like going to real offices, there’s another way. You can visit one of the 1200 branch offices nationwide for the same in-person process.
So, whether you like doing things on the internet or seeing a real office, this company has a way for everyone to open an account!
How to open a Demat account in Anand Rathi? Online Process
Opening a Demat account online is easy and smooth. Here is how to Open a Demat Account in Anand Rathi in a few hours.
- You must hit the “open Demat account” option at the bottom of the webpage.
- A form will open on your screen. Please fill it out with your details. You will receive a call from the company executive.
- The executive will call you and tell you the details for filling out the account opening forms and submitting KYC documents.
- Upon submission of documents, you will receive a confirmation email with the login details.
By following these steps, you’ll be all set up with your Demat Account in no time!
How to open an Anand Rathi Demat account? Offline Process
If you like doing things the traditional way, the stockbroker has a way for you, too! You can open an account offline at Anand Rathi Demat by going to one of their 1200 branch offices. Here’s how.
- To start, head to the branch nearest your home. The folks there will help you through the account opening steps.
- Before you go, make sure you have all your documents. These include your PAN card, Aadhaar card, address proof, the latest bank statement, and a cancelled cheque.
- Doing things personally can be more individual. You can talk directly to the Company’s representatives at the branch. If you have any questions, they’ll be there to help you.
- So, whether you prefer the ease of doing things online or the personal touch of visiting a branch, they have a way for everyone to open a Demat account!
Eligibility Criteria to Open Anand Rathi Account
Nationality
Age
Active Bank Account
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Documents required to Open Anand Rathi Account
PAN Card Copy
Identity Proof Copy
Address Proof Copy
Bank Account Proof Copy
Copy of Income Proof for F&O
Passport Size Photo
Signature on White Paper
IPV (In-person Verification)
Investors must send a series of documents for verification to open Anand Rathi Demat Account. Given below is the list:
Mandatory documents:
- PAN card, an Aadhaar card,
- The proof of address
- The latest bank statement from your bank and cancelled cheque.
Moreover, the Company may demand more documents like slips of salaries and Income Tax Return forms for those willing to trade derivatives.
Investors are recommended to have these documents available when opening an account.
Having these documents readily available helps ensure a smooth verification process, reducing the likelihood of delays or complications.
Suppose these documents are available for investors who want to engage with account opening services.
In that case, it follows regulatory requirements and means a good and hassle-free experience for investors.
How to close Anand Rathi Demat account?
You can close it if you don’t want your Demat account anymore. Here are the steps on how to close an Anand Rathi Demat Account.
- Before closing, move all your stocks and close any ongoing trades in Futures & Options (F&O). Also, clear any pending payments with the Company.
- Unfortunately, you can’t close your account online or by email/call. Instead, go to the Company’s website and download the ‘Account Closure Form.’ You can find it under ‘Quick Links’> ‘Downloads.’
- Fill out the form, sign it, and then take it to the nearest branch to submit it. If your Demat account is joint, everyone must sign the form.
Following these steps, you can smoothly close your Demat Account if you change your mind about keeping it.
Anand Rathi Demat Account Review – Conclusion
Anand Rathi Demat Account is an excellent pick if you want. They have many valuable features to make your trading journey easy.
It’s like having a lemonade stand where everything is simple and costs less. The user-friendly platform is easy to navigate, whether you choose to open your account through online or offline channels.
The brokers dedication to transparency is evident in the straightforward experience, with no hidden fees.
FAQs on Anand Rathi Demat Account Review
Check out the FAQs related to Anand Rathi’s Demat Account.
How to create a Demat account in Anand Rathi?
To create a Demat account, look at the tab at the end of the “open Demat account” webpage and follow the on-screen instructions.
How to Delete Anand Rathi’s Account?
Account closure can be started by downloading the ‘Account Closure Form,’ filling it out, signing it, and submitting it to the nearest branch; you must ensure all conditions are met.
What is AMC in Anand Rathi?
AMC stands for Annual Maintenance Charges, This Demat account is Rs 450 annually, and the first year is free.
What is the Account Opening Fees?
The stockbroker does not charge any fees for opening a trading or Demat account, which makes it a cost-effective choice for investors.
How to find the Demat account number in Anand Rathi?
The Demat account number is included in the welcome pack when the account is opened. It can be found in the account statements.
How to get a Statement of Demat Holdings in Anand Rathi?
Investors can get the Statement of Demat Holdings by logging into their online account. They can access the relevant section for statements and reports.
What documents are needed to open a Demat account?
To open a demat account, you will need the following documents:
PAN card, Aadhaar card, proof of address, latest bank statement, cancelled cheque. Additional documents include salary slips and ITR forms for derivative trading.
How long does opening a Demat Account take?
The online Insta Account opening process takes just 15 minutes, supplying a quick and efficient way to start trading.
How to change your bank account in Anand Rathi?
To change the bank account, investors need to send a request form. Along with the necessary documents, they must go to the nearest branch of Anand Rathi for processing.
How to Transfer shares from one demat Account to Anand Rathi Demat?
To transfer a Demat account to Anand Rathi, clients are advised to provide the DIS copies to the branch.
Following signature verification, your account will be smoothly transferred to the designated depository in a short period.