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Open SAS Online Account (SAS Online Account Opening Process, Documents and Charges)


-2.23% 21,257 Clients

SAS Online Account Opening Enquiry

Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

SAS Online Account Opening Charges 2024

SAS Online account opening charges are Rs 200 for a trading account and Rs 0 for Demat account. SAS Online charge For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 AMC for Demat account.

TransactionCharges
Trading Account Opening ChargesRs 200
Account AMC ChargesRs 0
Demat Account Opening ChargesRs 0
Demat AMC (Yealy)For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000

SAS Online is a discount stock broker. It offers to trade in stocks, commodities, currency, futures and options on NSE, BSE and MCX. SAS Online is an online brand of South Asian Stocks Ltd. The company started its discount brokerage services in 2013. It operates from its centralised office in Delhi.

SAS Online offers 3 different plans to suit the varied trading needs of its customers. It offers both, flat brokerage and unlimited trading plans. There is a Rs 9/trade flat brokerage plan for all segments. They also offer unlimited monthly trading plans of Rs 999 for equity and commodities and Rs 499 for currency. SAS Online also offers a Rs 1999 Pro Plan (monthly plan) that offers 199 orders per day.

SAS customers can trade using its trading platform ALPHA. It was built by Tradelab. The popular brokers in India use the Tradelab trading platform. The platform is available in desktop, web and mobile versions. It offers good trading features for fast and reliable trading.

SAS also offers Omnesys NEST trading software for free to all its customers.

Key Facts about SAS Online

  • Offering discount brokerage services since 2013.
  • Member of NSE, BSE, MCX, NSDL and SEBI
  • 55,000+ traders through referrals, and 1 Lac Cr+ Daily Turnover and 3 Lac+ Executed Orders Daily.
  • Get 4X Exposure on Delivery Trades
  • Trade unlimited under the 1999 PRO PLAN or opt for Rs 9 per order plan
  • Refer friends and earn 20% to 50% of the brokerage your friends pay.
  • Offers NFO and BFO (NFO is for Nifty (NSE) Futures and Options, while BFO stands for BSE Futures and Options)
  • Pledge from a list of 4000+ scripts including Stocks, Mutual Funds, Bonds, ETF's and SGB.
  • Get margin against collateral for Intraday or Positional Trading.

Product Offered by SAS Online

  • Online Trading
    • Equity Trading at BSE, NSE
    • Commodities Trading at MCX
    • Currency Trading at NSE
  • Depository Services (Demat Account)

SAS Online Account Opening

You can open an account with SAS Online in 2 simple ways.

Online and offline account opening process:

Opening an account online with SAS Online is instant and paperless. It takes about 24 working hours for account activation after all the mandate checks are done.

Steps to open a SAS Online account online:

  1. Open the website and click on Sign up.
  2. Enter your cell phone number and e-mail address.
  3. Enter the OTP you received via email and mobile.
  4. Enter your PAN number and date of birth.
  5. Enter all mandatory fields like father's name, mother's name, Aadhaar number, address and other details.
  6. Fill in the mandatory FATCA fields and provide your reference details (if any) (occupation, annual income, residential status and other details).
  7. Select Yes if you are referred by someone.
  8. Enter your bank details, and you can add multiple banks to your trading account.
  9. Select the segments in which you want to trade with brokerage plans (equities, currencies and commodities).
  10. Select Yes if you want to open a demat account.
  11. Click on Proceed.
  12. Upload the required documents such as the Cancelled cheque, the latest bank statement and a copy of the passbook.
  13. Check your account details.
  14. Please pay the account opening fees by selecting the payment option.
  15. Register with NSDL and complete the e-signature.
  16. Enter your Aadhaar number and verify it with the OTP you receive on your mobile.
  17. The account opening process is complete.
  18. You can download your electronic account opening form which will also be sent to you via registered email.

Note:

  • Account opening information will be sent to you via Mail & SMS within 24 working hours.
  • Note-Demat Account is mandatory for the Equity cash segment.
  • Upload documents in PDF or JPEG format only.
  • Rediffmail ID Is Not Allowed Here for security purposes.

The offline process with SAS Online. You will have to fill out the paper forms to open an account with them.

  1. Download a PDF Account Opening Form

    To open an account:

    • Download Account Opening Forms from the website under Downloads >> Account Opening option.
    • Print it, fill in the required information and sign the form in marked places.
    • Send the signed forms and documents to the address provided in the form.
  2. Request an Account Opening Form

    You can request an account opening form from SAS Online via phone/email. The broker sends the printed form to you. You have to pay Rs. 100 as charges for the courier services.

    Once you get the form, fill it out as required, sign at the marked places, attach the necessary documents and send it to the company via courier.

Documents Required For Account Opening

  1. Copy of PAN Card
  2. Copy Of Aadhaar Card
  3. Copy of Address Proof (Aadhaar Card/ Voter ID, Passport / Driving License / Bank Statement / Landline Bill / Electricity Bill / Gas Bill).
  4. Passport size photographs
  5. Canceled cheque with printed name / Latest Bank Statement/ Bank Passbook first & latest transaction page)
  6. Income Proof (If you want to trade derivatives)- Latest Pay slip/Form 16 / IT Returns/ 6 month Bank statement/ Copy of Demat Holding with any other Broker (if any)
  7. A cheque for account opening charges

Check Account Opening Status

Once your Form is received, all documents will be checked and processed. In case of any discrepancy or missing documents, intimation will be sent to you over call/email. Once the documentation is complete you will be ready to trade from the next day.

In case of a delay in account opening, get in touch with customer support via phone/email.

Account Opening PDF Forms

You can download the Account Opening PDF Forms from the website. Visit the section 'Downloads' and then 'Account Opening' to get the PDF form.

You can also request account opening forms via call/email. The company will courier the forms to your requested address.

SAS Online Special Offer

Monthly Trading @ Rs 1999

  • Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per trade +
  • Get margin against your shares +
  • API for alog trading.

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

Frequently Asked Questions

  1. 1. How long does it take to open an account with SAS Online?

    The account opening takes up to 24 hours after they receive of the form. In case of any discrepancy or missing documents, intimation is sent over call/email.

    You will get confirmation, once your account is activated, via email and SMS. You will also receive a Welcome call providing all the details about your account.

     

     

  2. 2. What all documents are required for account opening with SAS Online?

    Following self-attested documents are required:

    • Copy of PAN Card
    • Copy Of Aadhaar Card
    • Copy of Address Proof
    • Passport size photographs
    • Canceled cheque with printed name
    • Income Proof (If you want to trade derivatives)
    • A cheque for account opening charges

     

     

  3. 3. Who can open an account with SAS Online?

    All resident Indians can open an account with SAS Online. Currently, the company doesn't offer services to Non-Resident Indians (NRIs).

     

     

  4. 4. Is there a minimum balance required in my SAS Online trading account?

    No, SAS Online trading account doesn't require you to maintain a minimum balance. You can transfer and withdraw funds into your account as per your needs.

     

     

  5. 5. Why do I have to pay Account Opening charges to SAS Online?

    SAS Online charges one-time account opening fees to cover expenses incurred for processing your application. The Trading + Demat Account opening charges are Rs 400 (inclusive of taxes). For commodities account, you need to pay additional Rs 200 (inclusive of taxes).

     

     

  6. 6. How to update details in SAS Online trading account?

    After your account is opened, you may need to update your details like bank/mobile number etc. SAS Online offers an OTP based modification facility wherein you can update your details online. To update details, you need to login to 'back office' and go to 'requests' section under it. For some modifications, you may be asked to upload soft copies of the documents.

     

     

  7. 7. How do I know if my trading account is opened with SAS Online?

    You will get confirmation email and SMS, once your account is opened. A company representative will also call you to provide details about your account.

     

     

  8. 8. How to close SAS Online Demat account?

    One person can have multiple trading and demat account. If you want to move from SAS Online and planning to open another demat account with some other broker, you can do it anytime. But It's wise to close the existing account because though you are not using it, still you have to pay a maintenance fee on that. Also, there is a risk of misuse of your account. SAS Online doesn't charge anything for account closing.

    Before closing the account an account holder should complete the below formalities:

    1. Transfer all your stocks or holdings from your existing demat to a new demat account
    2. Clear all the debit balance from your account. In case of any credit balance, the money will be transferred in your given account.
    3. Clear all the positions in your trading account

    Steps to follow to close an account with SAS Online:

    1. Get the form from their website
    2. Print it, fill all the required detail and duly sign it
    3. Attach copies of required documents
    4. Courier it to the SAS Online office

    If everything goes well it takes 7-10 days to close the account. But in case you won't hear from them in 15 days, make sure to follow up with the company.

     

     

  9. 9. How to open account in SAS Online?

    Steps to open a SAS Online account online:

    1. Open website and click on Sign up.
    2. Enter phone number and e-mail address.
    3. Enter the OTP you received via email and mobile.
    4. Enter your PAN number and date of birth.
    5. Enter all mandatory fields like father's name, mother's name, Aadhaar number, address and other details.
    6. Fill in the mandatory FATCA fields and provide your reference details (if any).
    7. Select Yes if you are referred by someone.
    8. Enter your bank details, and you can add multiple banks to your trading account.
    9. Select the segments in which you want to trade with brokerage plans.
    10. Select Yes if you want to open a demat account.
    11. Click on Proceed.
    12. Upload the required documents such as the Photo, Cancelled cheque, the latest bank statement and a copy of the passbook.
    13. Pay the account opening fees by selecting the payment option.
    14. Register with NSDL and complete the e-signature.
    15. Enter your Aadhaar number and verify it with the OTP you receive on your mobile.
    16. The account opening process is complete.

     

     

SAS Online Account Opening Enquiry

Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

Information on this page was last updated on Tuesday, January 30, 2024

Special Offer: Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

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