Open Indira Securities Account | Indira Securities Account Opening Online Process Review


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Indira Securities Account Opening Charges 2020

Indira Securities account opening charges are ₹0 (Free) for a trading account and ₹0 (Free) for demat account. Indira Securities charge ₹450 (Free for 1st year) AMC for demat account.

TransactionCharges
Trading Account Opening Charges₹0 (Free)
Account AMC Charges₹0 (Free)
Demat Account Opening Charges₹0 (Free)
Demat AMC (Yealy)₹450 (Free for 1st year)

Indira Securities offers an instant online account opening for free of charge. This is an eKYC and Aadhar based account opening for people who have their Aadhar linked with the current phone number for OTP verification. For others, the account has to be opened with the paper form in the old ways.

Indira Securities online trading account can be opened from anywhere and at any time. The account gets activated within 24 hours of submitting the online application.

Online Account Opening

You can open an Indira Securities trading and demat account from its website and mobile app. The process is simple, easy and it takes a few minutes to apply for an account.

Documents needed for Online Account Opening

Before your being the process, please keep the following documents scanned:

  • PAN Card.
  • Address Proof.
  • Cancelled cheque.
  • Passport Size Photograph.
  • For F&O trading, you need any one of the following documents; the last 6 months Bank Statement/ Passbook /ITR for the last three years/ Last 6 month's salary slip/CA certified net worth certificate.

Steps to open Indira Securities Account

  1. Visit the Online Account Opening Website
  2. Enter Name, Phone Number and Email Address.
  3. Enter PAN Number for eKYC.
  4. Update information if needed.
  5. Upload documents.
  6. eSign with Aadhar Number.
  7. Submit the application.

Note:

  • The mobile number used in the application should be the same as the number linked to your Aadhar.
  • It takes up to 24 hours to open your account after your application is submitted.

Check Account Opening Status

Once the documents are received and verified by the company, your account is opened instantly. In case of a delay, please get in touch with the customer care via call/email or chat enabled on the website to know the status of your account.


Indira Securities Account Closure

Indira Securities offers 2-in-1 trading and demat account facility. Any account where there is no trading activity for more than 2 years is closed automatically by the broker. You can also close the accounts anytime if you no longer want to use it for some reason.

Before initiating the account closure process, please make sure to:

  1. Sell or Transfer all your securities into another demat account.
  2. Close all the open positions linked to the account.
  3. Clear all unpaid dues.

The account cannot be closed online or by contacting customer support. You will have to fill the account closure form and send the paper signed form to the Indira Securities office.

Steps to Close Indira Securities Account

  1. Contact customer care to get a soft copy of the account closure form.
  2. Print, fill and sign the account closure form.
  3. Send it to the Indira Securities office/nearest branch.

You will receive account closure intimation along with the final statement of the accounts. Please contact the customer support to check the status and follow up, in case you do not receive any communication from the company.

Indira Securities Special Offer

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

Frequently Asked Questions

  1. 1. How to open a demat and trading account with Indira Securities?

    Indira Securities offers a 2-in-1 account opening facility where demat and trading accounts are opened together. The 2-in-1 account also facilitates easy trading as all securities brought through the Indira Securities trading account are automatically credited to your demat account. You can open Indira Securities demat and trading account in the following ways:

    1. Online instant account opening
    2. Filling paper account form

    To open an account online, you would need your Aadhar card linked to your phone number for OTP verification. 

    Steps to open demat and trading account with Indira Securities

    1. Visit the Indira Securities website or Install Mobile App.
    2. Click 'Open an Account' link.
    3. Enter the phone number and email. Verify them with OTP.
    4. Enter your Aadhar and PAN Numbers.
    5. Verify Aadhar with OTP.
    6. Update your personal detail.
    7. Upload photocopies of documents.
    8. Submit the application form.

    To open an account offline, visit the download section of the Indira Securities website, download the account opening form PDF, print it, fill it and send it to the broker with supporting documents. Your account is opened within two days once the forms are received.

     

  2. 2. What are the documents required for the Indira Securities account opening?

    The customer has to submit copies of PAN Card, Address Proof, Cancelled cheque, scanned signature and Photograph while opening an account. Additional proofs like income statements are required for enabling derivatives trading segments.

    List of Documents required for Indira Securities account opening

    1. PAN Card
    2. Address Proof
    3. Cancelled Cheque
    4. Signature Scan
    5. Passport size Photo
    6. Income Proof (For trading in F&O)

     

  3. 3. How much time does it take to open a new account in Indira Securities?

    Indira Securities offers both, online and offline account opening facility, to its customers. It takes 15 minutes to open an account online. The account is activated as soon as the verification process is complete.

    Offline account opening facility takes time depending on the submission of all the required documents. Usually, the account is activated within 1 to 2 days of receipt of the signed forms by the broker.

     

  4. 4. How to close Indira Securities Demat Account?

    To close the Indira Securities demat account, you need to fill a paper form and submit it at the Indira Securities office. The Indira Securities demat account cannot be closed online or on phone/email/chat. The same form is used to close both trading and demat accounts.

    Steps to Close Indira Securities Demat Account

    1. Call Indira Securities customer service.
    2. Request the account closure form in an email.
    3. Download the Demat Account Closure form PDF.
    4. Print and fill it.
    5. Attach unused DIS slips, if any.
    6. Send it to the address provided in the form.

    Note:

    • Clear all your dues before sending the form. Your account closure request may be rejected due to unpaid dues.
    • Close all open positions and transfer existing securities to your other demat account before initiating the account closure process.

     

  5. 5. How to close the Indira Securities account online?

    You cannot close the Indira Securities demat or trading account online. It is completely a paper-based process wherein you have to courier a filled account closure form to the company's head office.

    You can get the 'Account Closure form' by calling customer support. The form can be used to close both trading & demat accounts or either of the accounts. You need to download, print, fill the form and send it to the company's head office. In the case of joint accounts, all account holders need to sign in the form.

     

Indira Securities Competitors Review

Information on this page was last updated on Wednesday, June 17, 2020


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