Karvy Stock Broking Ltd is among popular stock broker in India. Karvy Stock Broking business is part of Karvy Group, a Hyderabad based diversified financial products and service provider in India since 1982. Karvy is famous for its services as registrar and securities transfer agent.
Karvy started its brokerage business in Year 2004. Karvy's stock broking business has grown quickly through a network of branch offices, sub-brokers and franchises.
Karvy offers products including Equity, F&O, Currency, Commodity, Mutual Fund, Exchange Traded Funds, IPOs, Bonds / NCDs, Corporate FDs and Margin Funding.
Services offered by Karvy also include Equity Research, Investment Banking, NRI Trading and Depository Services (Demat Account).
To trade or invest with Karvy, investor need a trading and demat account with Karvy. Karvy offers online trading in equity, commodity and currency derivatives at BSE, NSE and MCX.
Karvy account opening process is simple and quick. Karvy offers both online and conventional way (by signing paper forms) to open an account. Karvy has local presence (through branch offices, sub-brokers and franchisee) in the neighborhood of most of the prospectus customers in India.
If you are interested in opening an account with Karvy, you could follow one of the below two options:
Karvy is among few stock brokers in India offering 15 minutes online account opening. Customer who choose this way of account opening gets total Rs 5000 brokerage credit (Rs 1100 max in each trading segment) against trading done in first 30 days.
The online account opening process uses e-KYC (Know your customer) facility which allows customer to complete KYC process either through AADHAAR number validation or through video verification.
Note that to open account online using eKYC facility, person should have valid mobile number registered in AADHAAR database. A one-time-password is sent to the mobile number registered with AADHAAR to validate your identity and create digital signature on your behalf.
Steps to open Online Trading Account with Karvy:
If everything in place, it takes just few minutes to open and activate an account online with Karvy.
Find the local Karvy branch office or a sub-broker. You could visit the office or give them a phone call. They will arrange a personal visit to open an account for you. The representative will help you understand the offerings, fill the forms and collect required documents required for account opening. A passport photograph and personalized cheque is required.
Karvy offers 3 type of accounts:
Key features of Zero Account:
Key feature of Express Account:
Key features of Priority Account:
Karvy offering Rs 5500 brokerage credit on account opening.
To check the account opening status, please call your relationship manager who helped you with filling the form or visit local Karvy branch.
The account opening application can also be tracked on its website by providing application number and PAN Number.
Karvy demat account opening form in pdf are not available online. Visit Karvy branch or sub broker office to get the account opening forms.
Karvy charge AMC for Trading and Demat Account based on the plan you choose. If you are not using the account, it is recommended to close it. This saves on the charges and also reduce chances of your account misuse by someone else.
Steps to close the trading and demat account with Karvy:
Customer pays account opening fee for trading account opening with Karvy. The account opening fees are as below:
Karvy offer 3 types of accounts.
No, it's against the law to have multiple account with same name with the same broker.
Yes, customer can have as many demat account as they want with a broker.
Information about Karvy account opening, Karvy open account, Karvy opening charges, Karvy account opening charges, Karvy account opening status, Karvy amc charges, Karvy account charges and Karvy account closure.
Current IPOIPO Dashboard Current Mainline IPO Current SME IPO IPO Calendar Performance Tracker DRHP / RHP Docs
Live IPO InformationIPO Subscription IPO Listing Date IPO Allotment Status IPO Reviews IPO Rating Basis of Allotment
Stock Broker ComparisonCompare Share Brokers Side-by-Side Comparison List of Stock Brokers Broker Complaints Monitor Articles / Tutorials Glossary
Discount Brokers5paisa (Flat ₹10) Zerodha (Flat ₹20) ProStocks (Flat ₹15) Upstox RKSV (Flat ₹20) Trade Smart Online More Discount Brokers >>
Full-service BrokersICICI Direct Motilal Oswal Angel Broking Edelweiss Broking Aditya Birla Money More Full-service Brokers >>
More About BrokersSpecial Offers Broker Reports Top 10 Discount Brokers Top 10 Full-Service Brokers Top 20 Share Brokers
History of ChittorgarhHistory of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)