Steps-by-Step Guide on How to Open Paytm Money Demat Account: Paytm Money is one of India’s largest Investment platforms with over 7 Million registered users. Paytm Money is an online discount broker. Being a SEBI registered Investment advisor, Paytm Money offer advisory services in the form of investment packs that consists of 3-5 mutual funds.
In this article, we’ll discuss how to open Paytm Money Demat account within 5 minutes.
For what reason would it be a good idea for you to open a Demat and trading account at Paytm Money?
- 6 million+ users trust us for their Investments and it was launched on September 4 2018.
- Here you can invest in Stock Markets, Mutual Funds, NPS Retirement Funds, IPO, F & O, manage your money and finally you can achieve your financial goals using this Paytm Money.
- You can manage your Watchlist and Market Movers.
- In Paytm Money you can investment offerings give you wide access to products and services to invest, manage money and ACHIEVE your financial goals.
- It’s an AI-powered ‘Voice-Based Trading’ Platform.
- You can view the financial News and Stories.
- Paytm Wealth Community
- Daily you can attend the webinars by Stock Market experts, Fund Managers, Investors, etc. and also you can add them to your calendar.
- Paytm Wealth Community will help you to learn learn, discuss, and explore in the capital markets. Paytm Wealth Community (PWC) is India’s first investing community based on Video and will enable users to attend live from SMEs.
Paytm Money account opening charges are Rs 0 for a trading account and Rs 0 for a Demat account. Paytm Money charges Rs 0 (Free) AMC for the Demat account. Platform fees of Rs. 354 will be charged after 3 Months.
Documents Required to Open Paytm Money Demat/Trading account list below:
Savings Bank Account Proof: (Bank passbook front-page photo/ Scan copy or online statement or cancelled cheque. [If you are submitting cancelled, Your name should be PRINTED ON IT, then only it’s accepted]).
PAN CARD (Card not valid without a sign, screenshot here).
AADHAR card should be linked to a mobile number, but you can signup with any mobile number.
Signature (Photo or Scan copy).
Proof of Income (If you wish to trade in F&O or commodity it’s required) and acceptable documents are recent salary slip or last six months bank statement or ITR.
Note: You should have an email address as well which will be required while filling the application.
To get started, here is the direct link to the account opening page at Paytm Money.
Note: If the link does not work click here copy and paste this link into your browser
PAYTM MONEY EQUITY ACCOUNT KYC
STEP 1: Once you click on the above link through computer/laptop it will be redirected to the PAYTM Money website or Google Play Store if you are opening it on a mobile device. Install the app & proceed to see the features.
STEP 2: Now Log in using the existing ‘Paytm’ credentials. In case you do not have a Paytm account, sign up afresh to create a Paytm account with an email id or mobile number.
STEP 3: In the next step you have to click on the ‘Equity’ tab to start the online KYC process.
STEP 4: As you proceed, the below screen will appear. Click on the ADD PERSONAL DETAILS button.
If you have a signed copy (copy for your signature) you can upload it or you can take a photo of the signature and upload it. Then take your photo inside the app only and upload it. Once signature and photo are uploaded, then click on the next button to proceed.
If you would like to add the nominee details you can add or else you can SKIP.
STEP 5: In this step, add your savings bank account details, then click on the Next button.
STEP 6: Click on open my account as shown below, then a document will appear online as shown below. Click on the check box and then submit. You may select the segments which you want to activate.
STEP 7: Provide your additional details as asked in this step, like your experience in the stock market and your communication details.
STEP 8: Proof of income accepted only last six online bank statements, if the statement is protected with a password kindly remove it a password remover tools online and then upload it or you can Skip this step for now.
STEP 9: Proceed to e-sign with the AADHAR number along with the AADHAR linked mobile number.
STEP 10: Once you complete the e-sign process the below screen will appear as ‘Well Done Investor’. Click on Okay for the next step.
STEP 11: After completing the Equity e-sign process, a message will appear as Account under process and within 30 minutes it will be approved.
Finally, once the equity account is activated a message will appear as ‘Equity Investment Ready’.
Congratulations, you’ve completed the Paytm Money Demat account opening process. All the account opening steps are complete by now.
Signup link here: PayTM Money DEMAT Account
Till now, we only discussed How to Open Paytm Money Demat Account. Anyways, once your account is verified and active, you can start investing or trading in stocks using Paytm Money trading platforms. Simply log in using the credentials that you’ve received on your email and start trading/investing.