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Open Espresso Sharekhan Account (Espresso Sharekhan Account Opening Process, Documents and Charges)


Espresso Sharekhan Account Opening Enquiry

Zero Account Opening Fee + brokerage-free Equity Delivery + Pay only when you profit in Intraday. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Espresso by Sharekhan and start trading today.

Espresso Sharekhan Account Opening Charges 2022

Espresso Sharekhan account opening charges are Rs 354 for a trading account and Rs 0 for Demat account. Espresso Sharekhan charge Rs 400 AMC for Demat account.

TransactionCharges
Trading Account Opening ChargesRs 354
Account AMC ChargesRs 0
Demat Account Opening ChargesRs 0
Demat AMC (Yealy)Rs 400

Espresso offers 100% digital and paperless account opening facility. You can open the Sharekhan Espresso account online in just 15 minutes. The process is simple and easy to complete.

Espresso is Sharekhan's online discount brokerage offering. Espresso offers online trading in equity, derivatives, commodities and currency on BSE, NSE and MCX. Customers can invest in Stocks, Debt, IPOs, Bonds, Commodities, and Currency with Espresso.

Espresso offers three trading platforms Espresso App (Mobile Trading App), www.myespresso.com (web platform) and Binge (desktop platform) which are user-friendly and have been tested by several trading experts.


Espresso Account Opening Charges

Espresso charges Rs 354 towards account opening with free Demat AMC for the first year. As a special offer, the account opening charges are waived for a limited time.

Transaction Charges

Account Opening Charges

Rs 354

Demat AMC

Rs 400 per year


Espresso Account Opening Process

Step-by-step guidance on how to open an account with Espresso:

  1. Download the Espresso App/Open the Espresso website.
  2. Fill in the basic details like Name, Mobile Number, Email Address and City. Click on Open an Account.
  3. Verify the mobile number by entering the OTP received on the mobile number.
  4. Enter the PAN Number and Bank Details such as account number and IFSC code. Click on Save and Continue.
  5. Select Plan.
  6. Upload documents like PAN Card and Income Proofs.
  7. For Address Proof upload your Adhar Card or Sign in to a Digilocker account to share your Aadhar details.
  8. Add other information like Personal details, Income, Experience, and Occupation.
  9. Finally, you need to verify your email address through OTP in the E-Sign section.
  10. Account opening process is completed at your end.
  11. The account gets activated in a few hours once the document verification gets completed at the broker end.



Espresso Account Opening Document

Espresso account opening for an individual is an online and paperless process for people whose Aadhar is linked with their current phone number for OTP verification. Based on the segments you select, they may ask for a few documents.

Documents required to open a demat account with Espresso

  1. Proof of Identity (PAN Card, Aadhar, Passport etc.)
  2. Proof of Address (Passport, Voter ID, Ration Card, Driving Licence etc.)
  3. Bank Account Details (Cancelled Cheque)
  4. For Derivatives Trading (F&O Segment). One of the below documents:
    • Form 16
    • IT Acknowledgement Copy
    • Bank statement for the last six months
    • Stock Holding statement
    • Net worth certificate by CA

Espresso Offline Account Opening

If your mobile number and Aadhar number are not linked, you will have to courier a signed physical form to the broker's office to complete the account opening process.


Espresso Account Opening Status

You can check the status of your account opening application from the company website using your mobile number. Espresso account opening is an instant process. It only takes a few minutes to set up an account. Once the account opening procedure is complete, the Espresso team will examine the papers and deliver your account's Login ID and Password to your email address.


Espresso Account Opening Forms

Espresso account opening is entirely an online process. Hence the company does not provide account opening PDF forms on its website for download.

Espresso Sharekhan Special Offer

Free Equity Delivery Trading + Pay only when you profit in Intraday

  • Zero Account Opening Fee +
  • Brokerage-free Equity Delivery and loss making intraday trades +
  • Flat Rs 20 per trade brokerage for Intraday (profit trades) & F&O +
  • Trade with trusted sharekhan brand.

This is a limited-time offer. Open Instant Espresso Account online and start trading today.

Frequently Asked Questions

  1. 1. How to open a new account in Espresso?

    You can open an account by using the Espresso application or website. Espresso allows you to open Trading and Demat accounts together. Demat account charges are Zero and Trading account charges are Rs 345 (currently waived off) with zero maintenance charges for the first year.

    Following are the steps for opening an account with Espresso:

    1. Download the Espresso app or open the Espresso website.
    2. Click on open an account.
    3. Verify mobile number.
    4. Fill out Bank and PAN card details.
    5. Enter details on Upload Page like Adhar Card, Pan Card, Signature, Picture, etc. and save it,
    6. Add details on the Other Information page like personal information, experience, occupation, etc.
    7. Do Email Verification.
    8. Check the Client Information Details and proceed with E-Sign.
    9. Enter the Aadhar number on the NSDL E-sign service portal and click on Send OTP.
    10. Enter the OTP to complete the account opening process.
    11. The account gets activated in a few hours once the document verification gets completed at the broker end.

     

     

  2. 2. How much time does it take to open a new account in Espresso?

    The account opening process of Espresso is fast and convenient. Espresso offers instant account opening if you have your Adhar card linked to your correct phone number and required documents ready.

    Once you complete the online account opening process and submit the application, it goes to the Espresso team for review. If any document or detail is missing Espresso team will send an email, SMS or call you to get this information for approving the account.

    You can open an Espresso account in 15 mins if you are a KRA verified account holder and have processed the account opening procedure within office hours. However, all accounts will be opened after Espresso reviews all the documents.

     

     

  3. 3. Is Espresso safe?

    Yes, Espresso is a safe and trustworthy broker. Espresso is a CDSL Depository Participant. Espresso is a service provider and does not hold your securities such as shares, debentures, etc. CDSL is the Indian central securities depository that holds your securities. Thus Espresso is as reliable as any other broking firm.

     

     

  4. 4. Is Aadhaar Compulsory to Open Espresso Account Opening?

    Yes, all traders must submit the Aadhar card. It is mainly because Aadhar serves as identity proof for traders, which allows one to carry out financial tasks without any stress. The traders also need the help of an Aadhar card to sign the declaration form for opening the account.

     

     

  5. 5. Is PAN required for Opening MyEspresso Account?

    Yes, traders need to submit the PAN card as one of the most vital documents for opening a MyEspresso account.

     

     

Espresso Sharekhan Account Opening Enquiry

Zero Account Opening Fee + brokerage-free Equity Delivery + Pay only when you profit in Intraday. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Espresso by Sharekhan and start trading today.

Information on this page was last updated on Sunday, April 24, 2022

Special Offer: Zero Account Opening Fee + brokerage-free Equity Delivery + Pay only when you profit in Intraday. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Espresso by Sharekhan and start trading today.

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