For a smooth operation of your account and to avoid any penalties in case of delivery we recommend you to open a demat account with us.
AMC is charged only towards demat account and is free for the first year. Rs.300 plus GST (Goods & service Tax) @ 18% is charged annually from second year. For applying Demat AMC, a year (365 days) is calculated from the day of account opening. Kindly note there is no AMC for trading account. Demat AMC is […]
If you already have a demat account with some other DP, even that can be linked to your trading account with us. However there are limitations with an outside DP demat account. Hence it is preferable to have a demat account with us for a smoother experience.
For regulatory reasons like audit etc., we only accept hard copy of DIS.
Demat account is like bank’s saving account, demat account is used only for depositing shares. We use trading account to buy and sell shares on stock exchanges.
Demat account is not required for trading in futures and options only.
If you are trading in equity segment, it is mandatory to have a DP demat account. If you are trading only in F&O, demat account is not required.
A trading and demat account may be opened with us in any of the below 3 ways: Online Account Opening (most preferred) Download pdf from website: Please take a print out after downloading the account opening form (Equity/F&O/Currency, Commodities) and fill it with BLACKINK only. The signatures are numbered so that you do not miss any signature. For […]