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Beeline Open Account | Account Opening Process Review


Beeline Broking is SEBI registered online stock broker offering trading & investment services at BSE, NSE and MCX. Ahmedabad, Gujrat based Beeline Broking offers discount brokerage plans across trading segments and exchanges (except equity delivery and intraday).

The discount online brokerage services of Beeline are 60% to 90% cheaper in comparison to traditional brokers in Equity F&O, MCX Futures and Currency F&O.

Beeline is popular for its flat rate brokerage plan. Beeline charge Rs 18 per executed order brokerage regardless of the size of the trade or exchange. This price is applicable for segments including Equity F&O, Currency Derivatives and MCX Futures.

Beeline is trading member of BSE, NSE, MCX and NCDEX.

Beeline Account Opening

Customer has to open a trading account with Beeline to trade in equity, currency or commodity. If you are planning to invest in equity (take delivery of shares), you also need a Demat Account offered by Beeline.

Unlike most other broker in discount brokerage category, Beeline doesn't offer eKYC / Aadhar based paperless instant account opening.  Despite that, the account opening with Beeline is simple and easy.

Open an Account in Beeline

To open an account in Beeline, you could:

  1. Request Application Forms
    • Visit Beeline website and click on 'Open an Account' button.
    • Provide your Name, Email address and phone number.
    • Beeline sales team will contact you to walk you through the account opening process.
    • You could also down the application forms from its website in PDF format.
  2. Visit Beeline Ahmadabad Office (at Navrangpura)

    If you live in Ahmadbad, visit the office of Beeline to fill the application form or request a sales representative to visit you at your location.

Beeline Account Opening Special Offer

Beeline has a special offer for account opening. Using this limited time exclusive offer, you could open an Online Trading Account for FREE (zero account opening charges). The account opening charge for Demat Account with Beeline is Rs 876.

Beeline Account Opening Status

Once Beeline team receives your signed account opening forms along with the required documents, it takes one day to open the account. If you would like to know the status of your account opening form, you could call the customer care number 079 66664040.

Customer receives a welcome email with detail about the account once it's opened.

Beeline Account Opening Forms Download

Beeline Trading and Demat PDF Account Opening Forms are available online on Beeline website for download and print. Customer could download the PDF forms, print it, fill it, sign it and send it through courier.

You could also call Beeline and get the PDF form in email or paper form mailed to you.

Beeline Account Closure Procedure

Beeline customer could close Demat Account, Trading Account or both the Accounts by submitting a signed Account Closure Request Form. The form is available to download on Beeline website under Download section.

Customer has to ensure to transfer the shares or money out of the account before proceeding to closure. The demat holding can be transferred to another demat accounts using off-market instruction slips.

Once the account closure application form is received, you will receive a call from customer service to confirm the account closing request.

Note:

  • Beeline doesn't process your demat account closure or trading account closure request until all dues are clear.
  • Phone calls or email are not enough for account closure. A signed application is required.

Beeline Account Opening Charges

Customer pays account opening fee for trading account opening with Beeline. The account opening fees are as below:

  • Beeline Account Opening Charges (Trading Acct): Nil
  • Beeline AMC Charges (Trading Acct): Nil
  • Beeline Account Opening Charges (Demat Acct): Nil
  • Beeline AMC Charges (Demat Acct): Zero AMC with one time ₹876 fee

FAQ's

  1. Explain step-by-step process of account opening with Beeline?

    Step 1: Download and print 'Account Opening Form' from Beeline Broking website or get it from Beeline. The form includes KYC Form, Account Opening Form and Tariff Sheet.

    Step 2: Fill and sign the application from, attached required documents and send it to Beeline or ask for the form pickup.

    Discuss this question

  2. What documents are needed to open an individual account with Beeline?

    Following supporting documents are required to open individual trading & demat account with Beeline:

    • PAN Card (Permanent Account Number)
    • Aadhaar card
    • Bank Proof

    Discuss this question

  3. What are different trading plans offered by Beeline?

    Beeline Broking offer 2 trading plans:

    1. Discount Trading Plan (Rs 18 Per Order Brokerage)

      In this trading plan brokerage is charged at flat rs 18 per executed order irrespective size of the trade in Equity F&O, Currency F&O and Commodity Futures at MCX.

    2. Traditional Plan (Brokerage in percentage)

      Beeline gives you an option to choose your own % based brokerage.

    Discuss this question

Information about Beeline account opening, Beeline open account, Beeline opening charges, Beeline account opening charges, Beeline account opening status, Beeline amc charges, Beeline account charges and Beeline account closure.

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