Broking
To deal in Securities You need a trading a/c. Every trading a/c is mapped with at least one bank a/c & one demat a/c. For the convince of day to day operations a ledger a/c is also maintained. Every registered customer is identified by a unique client code.
This trading account enables you to trade in
- INDIAN Equity Market
- INDIAN Commodity Market
- Participate in US market subject to conditions*
Demat Services
What is Demat Account?
Demat Account came into existence in India in 1996, stocks and shares were issued and traded in physical paper form. With the age of computers and Technology, shares and securities are held electronically in a Dematerialized form (Demat Account), instead of the investor taking physical possession of certificates. It allows you to buy, sell as well as transact conveniently without the need of any paperwork. You can open demat account by registering with a Stock Broker like Angel Broking.
Help us understand what you expect from your trading account?
Is demat account necessary?
Nowadays, practically all trades are settled in dematerialized form. Although the market regulator, the Securities and Exchange Board of India (SEBI), has allowed trades of upto 500 shares to be settled in physical form, however trading using a demat account is widely accepted, hence it is advisable to have a demat account for dealing in Stocks and Shares. .
Advantages of Demat Account?
- Environment Friendly – Less of Paperwork since securities held in electronic form.
- secure and convenient way to keep track of shares
- Quick Settlement
- Saves Time
- No Storage Risk – Unlike paper certificates dematerialized stocks and shares can’t be stolen or damage
- All in ONE – Trade in Equity, gold ETFs and commodity futures
- Effective Management
Tax Rules
| Sr. No. | Nature of securities | Rate of SEBI Turnover fees |
| 1 | All sale and purchase transactions in securities other than debt securities | 0.0001 per cent of the price at which the securities are purchased or sold (Rs.10 per crore) |
| 2 | All sale and purchase transactions in debt securities | 0.000025 per cent of the price at which the securities are purchased or sold (Rs.2.5 per crore) |
Stamp duty is levied on value of shares transferred. In India stamp duty is levied by various states and hence rate of stamp duty varies from state to state. In Maharashtra, the stamp duty rate for Cash Market (other than Government Securities) and Derivatives Market Turnover (non-delivery) is :
| Type of Trade | Stamp Duty Rate |
| Non-delivery trade | 0.002% |
| Delivery trade | 0.01% |
Forms
| Broking Forms | Download Link |
| LifeTime Demat a/c | LifeTime Demat |
| Trading A/c Modification | Modification Form |
To Link AADHAR with Demat @ DHANVRIDDHI WHAT’S UP your AADHAR CARD PHOTO @ 8655157388 or email us @