111.83% 1,221,008 Clients
Angel Broking is Mumbai India based stock broker offering trading, investment and advisory services to retail customer. Angel Broking has a network of over 8,500 branches, sub brokers and franchisees.
Angel offers products and services including Equity Trading, Currency Trading, Commodity Trading, Mutual Funds, IPO, Life Insurance, Depository Services (Demat Account) and NRI Trading Account. Angel also provide services like Portfolio Management Services (PMS) and Investment Advisory.
With over 10 lakh customers and presence in over 900 cities in India, Angel is among the most popular stock broker in India.
Depository services or demat account is one of the key services offered by Angel though a 2-in-1 account. The 2-in-1 account include trading and demat account.
Demat account holds shares, mutual funds, bonds etc. electronically, in a very similar manner where bank account holds money. The demat account allows customers to buy or sell the shares electronically without any paperwork.
Angel is registered as a Depository Participant with Central Depository Services Limited (CDSL).
Angel Broking offers 2 demat account schemes:
In this scheme, with one time upfront payment of Rs 1250, customer can get lifetime zero AMC demat account.
In this scheme, customer does pay any upfront money but Rs 300 is charged yearly as Annual Maintenance Charge (AMC).
All other fees remain same for both the plans.
To open a new Demat account with Angel Broking, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.
Service | Charges |
---|---|
Demat Account Opening Fee | Rs 0 (Free) |
Demat Account Annual Charges (AMC) | Rs 450 (from 2nd year) |
Sr | Services | Scheme - Lifetime Free AMC | Scheme - Investor |
---|---|---|---|
1 | One Time Upfront Fee | Rs 1250 | Rs 0 |
2 | Annual Maintenance Charges (AMC) | No AMC | Rs 300 per year |
3 | Deliveries/ Debit transaction | ||
a | Within Angel | Rs 11 per ISIN | |
b | Outside Angel | Rs 21 per ISIN | |
4 | Charges for Pledge creation / Pledge closure | Rs 25 per ISIN | |
5 | Charges for applying for certain corporate benefits (e.g. Right issue, Buy back etc) on behalf of client for shares held with Angel |
Rs 11 Request | |
6 | Dematerialization | Rs 10 per certificate and Rs 30 per DRF request for postage charges plus Rs 30 per rejection | |
7 | Rematerialization | Actual CDSL charges plus Rs 30 per request towards postal charges | |
8 | Additional DIS requisition | Rs 25 booklet | |
9 | Additional Request for account statement or Holding with valuation, freeze & Unfreeze etc. | Rs 25 Request |
Get full-service brokerage plan with discount broker pricing. Brokerage free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. To open an account with Zerodha, simply leave your contact information with us and Angel Broking representatives will call you.
Angel Broking offers an instant online demat account opening facility. The online account opening takes just 5 minutes. It is for people who have their Aadhar number linked with their current phone number for OTP verification. Other people have to open the account offline by filling, signing and sending the paper account opening form to the Angel office.
Steps to open Angel Broking Demat Account
You will soon receive the details of your demat account on your registered email ID.
The BO ID in Angel Broking is the customer's CDSL demat account number. It is a 16 digit number that consists of 8 digits DP ID and 8 digits Client ID. The BOID (demat account number) can be found in demat statements or by login on to the Angel Broking website's profile section.
Sample BO ID for Angel Broking: 1203320001244818
The first 8 digits (12033200) is the Angel Broking DP id (same for all customers). The last 8 digits is a unique client ID.
Angel broking account can be deleted by submitting a signed paper form for account closure to the company. Angel Broking account cannot be deleted online, on phone or by email.
Before initiating the account closure process, please do the following for a smooth and quick account closure process:
Steps to delete Angel Broking Account
Once your application is submitted, you will receive a call and email from Angel broking. Make sure to follow-up with Angel until you get a confirmation of account closure.
Angel Broking is a Depository participant (DP) of CDSL, one of the two central depositories in India. Its CDSL DP ID is 12033200.
All demat accounts opened with Angel Broking are managed by CDSL. Angel Broking only acts as an intermediary between the customer and the central depository.
Your demat account number is a unique number consisting of 16 digits assigned by CDSL, one of the two central depositories in India. Angel broking demat account number looks like 1203320012345678.
The demat account number is a combination of the DP ID and customer ID. The first 8-digits is your DP ID whereas the last 8-digits is your customer ID
The demat account number has two parts:
The first 8 digits remain the same for all Angel Broking customers. The customer ID is unique to the customer.
Note:
To close your demat account, a customer has to download the Angel Broking Account Closure Form PDF and print it. Fill the form and sign it. For joint accounts, the signature of all account holders is necessary. Submit or courier the form to your respective branch office.
You cannot close your Angel Broking demat account online. The account closure process is completely offline.
Note:
A demat account is an online repository where securities like shares, Mutual Funds, IPO stocks etc., bought from the stock exchanges are held in the electronic form. A demat account is mandatory to buy shares and mutual funds or trade in F&O.
A demat account is different from a trading account .
Once you've opened your Angel Broking demat account it is linked with your trading and a savings bank account. Securities bought using the linked trading account are credited to your demat account. Whenever you sell any security, it will be debited from your demat account. The entire process happens online and Angel Broking takes care of it.
You'll be informed of your demat account transactions through email and SMS.
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Information on this page was last updated on Friday, January 22, 2021
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i have been transfered 33 share SAINIK FINANCE & INDUSTRIES LTD from physical form to demat a/c . but i am sorry my share not dematlised . what is the reason to dematlised please give me in detail in my mailaddress.