Angel Broking Demat Account Review – Account Opening, Features, Charges, Offers & more

Started in 1986, Angel Broking is a renowned firm in the financial industry. Dinesh Agarwal launched the company and has their headquarters in Mumbai.

Currently, they have more than 42 lakh active clients in the country. The broker has more than 8,5000 branches, franchises and sub-brokers.

Their fees are reasonable, and they offer one of the best services in the market.

The Angel Broking account opening will help you in currency trading, IPO, equity trading, Life Insurance, NRI trading account, Depository services and mutual funds.

This article discusses Angel Broking demat account review, their charges, how to close and open your account, etc. Let’s look at the following.

Angel Broking Demat Account – Top Features

You should know its key features to open an Angel Broking Demat account. We list some pointers you should know:

• There are no account opening charges, and the AMC is also nil for the first year. The charges for the account are applicable from second ear onwards. This is an excellent opportunity for beginners who are just entering the industry.
• The organization also provides free trading and research reports to their users. The users can access them to learn about their portfolios and create their strategies for the future.
• Having decades of experience and more than 4 million clients, this broking house is a big brand name in the finance sector.
• Also, They allow the user to earn money on a referral basis. Every user can earn upto 1000 INR for successful referral. This is, again, an excellent opportunity to have a second income.

Before initiating your demat account opening procedure, you should know its opening charges.

So, they are not charging any fee for account opening, and the AMC is also free for the first year. For Angel Broking AMC, you must pay 240 INR every year from the second year, and GST is additional.

There are no account closing and reactivation charges. The dematerialization charge with Angel Broking is 50 INR for every certificate. The trade and call charges are about 20 INR trade.

Open Free Demat Account Now!

Invest with Zero Brokerage

Submit

Loading...

Thank you for sharing your details, We will connect with you Shortly!

Check out Business Opportunities with Similar Brands

SMC Global Demat Account

Alice Blue Demat Account

Fisdom Demat Account

Ventura Demat Account

Anand Rathi Demat Account

Religare Broking Demat A/C

Reliance Securities Demat A/C

Bajaj Securities Demat Account

NJ Wealth Demat Account

Samco Demat Account

Angel Broking Demat Account Opening Process – Step-by-Step

Angel Broking demat account opening process is simple. In this section, we will be helping you with online and offline modes for opening your demat account.

KYC needs to be submitted for both procedures, and verification is required.

The confirmation is provided once the verification is complete and the login details are sent to the user. Have a look.

How to open a Demat Account in Angel Broking? – Online Process

Anyone can open their demat account without issues. In this section, we will learn how to open a demat account in Angel Broking.

1. You can start by clicking on the tab below, “Open demat account”.
2. A form will open; the user must fill it out and submit it. Once you submit, you will receive a call shortly from the company executive.
3. They will guide you in filling out the account form and document submission.
4. Your account will be approved once you submit the details in a few hours.
5. Your Demat account confirmation mail will be received along with the login details.

How to open a Demat Account in Angel Broking? – Offline Process

The stockbroker has thousands of branches all across the country. Their sub-brokers are very helpful in opening the account you need.

Here are some steps you need to follow to know how to open a demat account in Angel Broking.

1. Visit Angel Broking’s nearby branch or any sub-broker’s office.
2. They will provide you with an account opening form.
3. Fill it up and submit it along with the KYC documents listed in the form.
4. Wait for the IPV verification.
5. Once all the procedures are completed, and your form with documents is submitted, your account confirmation will be received within four days.

Check out Business Opportunities with Similar Brands

Finvasia Demat Account

Astha Trade Demat Account

Edelweiss Demat Account

Moneylicious Demat Account

Nirmal Bang Demat Account

Marwadi Shares Demat A/C

Jainam Broking Demat Account

Duck Broking Demat Account

Swastika Investmart Demat A/C

Tradebulls Demat Account

Open Free Demat Account Now!

Invest with Zero Brokerage

Submit

Loading...

Thank you for sharing your details, We will connect with you Shortly!

To open your demat account, the KYC is vital. The documents are very much required to open your Angel Broking account. Here we list the documents for you:

• Pan Card photocopy submission is compulsory
• Passport-size photographs
• Bank account verification is required. You must submit documents like cancelled cheques, passbooks, etc.
• For address and identity proof, you can present an Aadhar card, Passport, voter ID, etc.

If you keep these documents ready, your account will be opened ASAP.

How to close an Angel Broking Demat account?

Submit a signed paper closure form to the company to close an Angel Broking account. Online, phone and email closure options aren’t available.

Before initiating closure:

• Clear all pending dues, including demat AMC.
• Close Intraday and F&O positions.
• Withdraw funds from the trading account.
• Sell or transfer all demat securities.

Steps to close Angel Broking Account:

• Download the Closure Form.
• Print, fill, and sign the form.
• For joint accounts, all holders must sign.
• Submit or courier the form to nearby office.

After submission, expect a call and email from the broker. Follow up until you receive confirmation of account closure.

Angel Broking Demat Account Review – Conclusion

Angel Broking has helped many clients with their best Demat services. Anyone can open and close their demat account with then without any issues.

Also, their pricing is very reasonable. Overall, they have everything investors can look forward to in the best service provider for demat services.

If we check the ranking provided by Finec to them, it is above 9 in all the sections.

Angel Broking Demat services can be availed by anyone eligible and have proven helpful for those who start their career in the trading industry.

FAQs on the Angel Broking Demat Account Review

Here is the list related to the Angel Broking Demat account.

How to create a Demat Account in Angel Broking?

Anyone looking to open a Demat account can do so online or offline at their convenience.

For offline, you need to visit their office. For online, you can put up your request from your home itself.

How to delete an Angel Broking Account?

To close or delete your Angel Broking account, you need to pull out the closure from the website, or it can be brought up from the office itself. Reach out to the executive for further assistance.

What is AMC in Angel Broking?

The broker does not charge any fee for AMC for the first year. The user needs to pay 240 INR plus taxes for the AMC every year from the second year.

What are Angel Broking Account Opening Fees?

The organization does not charge any money for account opening procedure.

How to find a demat account number in Angel Broking?

The initial eight digits represent your DP ID, and the final eight are your customer ID. Refer to the email or letter received during account opening.

Log in to the Angel One website or mobile app, and review the My Profile section to locate your Demat account number.

How to get a Statement of Demat Holdings in Angel Broking?

Log in to the Angel One platform to view your demat account holdings statement. You can hit a tab named “reports” and then “security holdings” from your dashboard.

It will allow you to open up the Demat account holding statement; now, you can download it or view it as your preference.

What documents are required to open a demat account here?

The standard KYC documents are required to open the demat accounts. The KYC documents, like Identity, PAN card, and income proof, need to be submitted.

How long does opening a Demat Account in Angel Broking take?

For online procedures, the demat account will open in a single day. If you try to open it offline, it can take up to 4 to 5 days.

How to change your bank account in Angel Broking?

You can follow the below-listed instructions to change your bank account in Angel Broking:

• Once you log in, hit the profile icon to find the “Add bank account” tab and click on it.
• Now you will be redirected to a new web page and then hit on a button next to the tab named ‘Your Bank Registered With Us’
• Fill in new bank account details and submit.
• Now upload your document and then submit, followed by hitting continue.
• You will receive an OTP to complete the procedure.

How to transfer shares from one Demat Account to Angel Broking Demat?

The customer can look for the DIS document, fill it out, and submit it to transfer the demat account to Angel Broking; the signatures should be verified, and after a review, the account will be successfully transferred.