Angel One Account Opening Process (Step By Step)
Angel One is one of the top stock brokers in India established back in 1987. They started offering free Demat & trading Angel One account opening as they ventured into the discount broking space recently. If you have all documents are ready you can open your Angelone Demat & trading within 15-20 minutes without any charges.
You can open a fully online paperless demat & trading account with Angelone. For this, you just need your aadhar card link with a mobile number. In case, if you don’t have your aadhar linked with your mobile you can still open your demat account through offline mode.
Angelone Account Opening
In this article, we’ll discuss how you can open a demat & trading account with Angelone. So let’s start & understand what are prerequisites for opening an account in Angelone.
Required Documents for Angelone Demat Account
You need to provide the below-mentioned documents for Angelone account opening. In online mode, you can take a photo through a mobile phone for convenience.
- PAN Card
- Signature (Same as PAN Card)
- Aadhar Card
- Bank Proof (First Page mentioned IFSC & MICR Code & Other Details)
- Last 6 month Bank Statement (Optional- For Derivative Segment)
Note: You need to upload all the above in JPEG(image)/PDF format with a maximum size of 5 MB. Make sure you provide all valid documents otherwise your demat account request will be rejected.
Angelone Demat Account Opening Charges
You can open Angelone free Demat account. However, you will be charged for the annual maintenance of Rs. 300/- yearly after 1 one year. For the first year, you will not be charged by account maintenance charge. You can avail of free account opening just by clicking here.
While trading with Angelone under the I-Trade Prime Plan, equity delivery trades are free of cost. For intraday trading on BSE, NSE and MCX, and F&O you will be charged Brokerage 0.01% or up to Rs. 20 per order traded. irrespective of the order size, the brokerage charges is Rs. 20 per order (Maximum).
Online Angelone Account Opening Process
You need to follow step by step process to open an online account with Angelone through aadhar.
Time required for applying Angel Broking Account Online is 15 minutes
Angelone Account Opening
First, you have to signup for demat & trading account opening. Just visit the Angelone Account Opening landing page & fill up contact details. You can open a new account by clicking here.
Pan Card Verification
Then you have to provide PAN Card Details, Date Of Birth, Email Id & Bank Details.
Fill Personal Basic Details
You have to provide basic details as Annual Income, Occupation, Mother’s & Father’s Name.
Sharing Aadhar Details
You have now 3 options to share your aadhar details. You can choose any option. We opted for ‘Share via Digi-Locker’ as it’s easy & online. Then click on ‘Share via DigiLocker’. You will be redirected to the DigiLocker website
Creating Digilocker Account
Click on ‘Issued documents’ and select the Aadhaar card. Click on ‘Share‘. You will be redirected to the Angel account opening form.
Share Aadhar Details
Click on ‘Issued documents’ and select the Aadhaar card. Click on ‘Share‘. You will be redirected to the Angel account opening form
Upload required documents
Now you need to Upload Pan Card, Signature & Bank Proof to process further account opening process. In case if you want to activate the derivative segment you need to Upload Bank statement. This is Optional & requires a 6-month bank statement to activate Future Options, Commodity & Currency.
Angelone demat account openingm Documents
Now you need to digitally signature Angelone account opening documents through Aadhar E-sign.
In-Person Verification (IPV)
Now you have to take a clear video of yourself holding PAN Card just next to your face. If you are using Desktop you can also share the IPV link to your mobile phone.
Sharing POA Form
Now you have to share POA form as it is mandatory for opening an account with Angelone. Now you have 2 options either courier POA form or arrange pickup from the executive. You can choose the option as per your preference.
You can follow above procedure to open account with Angelone.
Angelone Account Opening Status
In the meantime, you can check Demat & Trading account opening status after contacting customer support. Registered email id and Mobile number are required to check the application status.
In order to sell share from your demat account, you must submit a duly filled POA form available. For printing POA forms on your side, collecting the required documents and sending it back to Angelone may take 3-5 days.
Once you apply for the Angelone account opening application, you can expect the account to be activated within the next 24 – 48 hours. The processing time depends on the verification of details provided in the Account Opening Form.