Introduction
Opening a Demat & Trading Account is the first step to invest or trade in equity shares, mutual funds, IPOs, ETFs, and derivatives. Sharekhan is a well-established full-service stockbroker in India, known for its research-backed advisory, multiple trading platforms, and strong offline branch presence.
This Saving Mantra guide explains the step-by-step process for opening a Sharekhan Demat & Trading Account in India, ideal for beginners, long-term investors, and professional traders.
Step 1: Understand What a Sharekhan Demat & Trading Account Is
A Sharekhan account includes:
- Demat Account – Holds shares and securities in electronic form
- Trading Account – Used to buy and sell securities on stock exchanges
Both accounts are linked under a single client ID.
Step 2: Check Eligibility for Sharekhan Account Opening
You can open a Sharekhan account if you:
- Are an Indian resident individual
- Are 18 years or older
- Have valid KYC documents
Sharekhan also supports NRI, HUF, and corporate accounts with additional compliance.
Step 3: Keep Required Documents Ready
Mandatory Documents
- PAN Card
- Aadhaar Card
- Passport-size photograph
- Bank account proof (cancelled cheque or bank statement)
- Signature
Ensure all documents are clear and updated to avoid rejection.
Step 4: Choose Online or Offline Account Opening
Sharekhan offers:
- Online account opening (e-KYC based)
- Offline account opening via branch
- Assisted onboarding through Saving Mantra
Offline mode is preferred by investors seeking personal relationship manager support.
Step 5: Complete KYC & Personal Details
Fill in:
- Personal and contact details
- Address and bank details
- Employment and income information
This step is mandatory under SEBI and exchange compliance norms.
Step 6: In-Person Verification (IPV)
IPV is completed through:
- Video verification (online) or
- Physical verification at Sharekhan branch
This confirms your identity as per regulatory guidelines.
Step 7: Sign Account Opening Forms
You must sign:
- Demat account agreement
- Trading account agreement
- Power of Attorney (optional but recommended)
Digital signatures enable paperless processing.
Step 8: Account Activation Timeline
After document submission:
- Verification takes 2–4 working days
- Client ID and login credentials are shared via email/SMS
- Demat & Trading Account gets activated
You can then access Sharekhan trading platforms.
Step 9: Understand Sharekhan Brokerage & Charges
Indicative Brokerage Structure
- Equity Delivery: Percentage-based (higher than discount brokers)
- Equity Intraday: Percentage-based
- F&O: Fixed or percentage as per selected plan
- Mutual Funds: ₹0 (Direct & Regular options)
Other charges include DP charges, exchange fees, GST, and stamp duty.
Step 10: Start Investing & Trading with Sharekhan
Once active, you can invest in:
- Equity shares
- Mutual funds
- IPOs & bonds
- ETFs
- Futures & options
Beginners benefit from research reports, market insights, and advisory services.
Benefits of Opening a Sharekhan Account
- Strong research and advisory support
- Offline branch & relationship manager access
- Multiple trading platforms (web, desktop, mobile)
- Suitable for beginners and conservative investors
- Wide range of investment products
Common Mistakes to Avoid
- Not understanding brokerage structure
- Submitting incomplete documents
- Trading without advisory guidance
- Ignoring tax implications
- Overtrading due to easy access
How Saving Mantra Helps with Sharekhan Account Opening
- Assisted Sharekhan Demat & Trading Account opening
- KYC and documentation support
- Broker comparison & plan selection
- Capital gains & trading taxation support
- Income Tax Return filing for investors and traders
Conclusion
Opening a Sharekhan Demat & Trading Account is ideal for investors who prefer research-driven investing, professional advisory, and offline support. By following this step-by-step account opening process, you can ensure smooth onboarding and confident investing.
For assisted onboarding, compliance support, and taxation advisory, Saving Mantra is your trusted partner.
Disclaimer
Stock market investments are subject to market risks. Brokerage charges, features, and policies may change as per broker and regulatory guidelines. Past performance does not guarantee future returns. This article is for educational purposes only and should not be considered investment advice. Please consult a qualified financial advisor before investing or trading.