Open an Account

Proficient charges Rs 250/- for account opening and additional Rs 150/- if form requested through courier)

Demat account opening is free of cost, however you will be required to pay amc charges as per plan opted (link to Depository page)

The documents required are as follows:

• PAN Card
• Photo
• Proof of Address
• Proof of Income
• Cancelled Cheque
• Cheques for account opening and AMC (amc for demat)
• Last 6 month bank Statement in case of derivative segment trading

All the above documents should be a copy and self attested.

The documents required are as follows

A: Firm’s documentation

• PAN card of company
• Memorandum and Articles of Association
• List of directors on the letterhead of the company
• Form No. 32 alongwith ROC receipt
• Address proof of company (Form No.18 ) alongwith ROC receipt
• Shareholding pattern of company on the letterhead
• Board resolution for trading in securities market
• List of authorised signatories on the letterhead of the company
• Net worth Certificate duly certified by CA (should not be older than 1 year)
• One Cancelled Cheque
• Last 6 months Bank Statement
• Balance Sheet for last 2 financial Years

B: Director’s documentation

• PAN Card (self attested)
• Photo
• Address Proof (Self Attested )
• One cancelled cheque of each director’s bank account (only if opted to work in NCDEX).

Note: All the above documents should be a copy except cancelled cheque and attested by authorized signatories with rubber stamp of the firm.

Your trading account will be opened with 1 working day*

However your demat account will take 7 working days to open* *Provided all documents and signatures are as per requirements.

You can start trading F&O as soon as your equity trading account is opened. To trade equity (delivery or intraday), you will need to wait till the demat account is opened.