How can I open account online with Share India?

Visit www.shareindia.com to open the account.

Does Share India charge anything for opening of clients' account?

No, the online account opening process at Share India is absolutely free.

Which are the documents/information that I should keep handy for hassle free account opening process?

A copy of your PAN card, Aadhaar Card/Address proof, A mobile number linked to Aadhaar (mandatory, to receive an OTP and esign the account opening form.), For bank account verification, enter the account details, i.e. account number and IFSC, Share India will deposit an amount between ( ₹ 0.01 to ₹ 1) to the bank account and proceed, A scanned copy of your signature. The signature must be with ballpoint or ink pens. Markers or sketch pens are not allowed, Income proof (Only in case of proposed F&O Currency Derivatives transactions)

What should I do in case I face any issues during my account opening journey?

Contact our support team on 011-41194100

What should I do if there is a name mismatch in my PAN and Bank account?

In case of a name mismatch between your PAN and address proof - You’ll have to submit a self-declaration letter in order for us to verify this.

How will I know about activation of my account?

You will receive an email from ShareIndia confirming your account activation along with relevant login credentials.

How and when shall I receive my login id and password for trading purposes?

Upon activation of your trading account, Share India will send your login credentials to your registered email Id. You can start trading immediately thereafter.

What type of accounts am I required to open for trading purposes?

To facilitate smooth trading operations, a client is required to open two type of accounts i.e. a trading account and a demat account.

What is the difference between trading and demat Accounts?

A demat account facilitates holding the shares and securities (bonds, ETFs, mutual fund units, etc.) in digital mode, while a trading account provides the interface to buy and sell shares in the stock market.

Can I open trading accounts with Share India?

No, clients aren't allowed to open mutiple trading accounts with any brokerage firm in India

Can I link my already existing Demat account with my Share India's trading account?

We encourage clients to open both trading as well as demat accounts with Share India for hassle free trading experience

Can I open a trading account with Share India without opening a Demat account?

We encourage clients to open both trading as well as demat accounts with Share India for hassle free trading experience

Will I be required to provide any additional information/documents for activativation of derivatives' trading facility?

As per SEBI's directives, clients intending to trade in F&O and/or Currency Derivatives Segments must provide their income proof to the brokerage firm

Why am I required to provide income statement for trading in derivatives' segments?

The Income proof would act as a reference to the amount of turnover executed by the client in the FO/CDS segment and would serve as a benchmark in case any irregularity is observed.

How to add additional segments in my trading accounts? List of documents required for the purpose?

You can request through mail with the income supporting documents e.g. Bank Statement for last 6 months / latest salary slips / ITR / Form 16 (Only in case of proposed F&O Currency Derivatives transactions)

My request for segment activation got rejected , what do I do next?

You can request it again with valid documents or call our support team at 011-41194100

When is a trading accounts' status changed from 'Active' to 'dormant' category by Share India?

Your account will be marked dormant or inactive if you have not taken any trades for a continuous period of 12 months.

My account has become dormant. How to reactivate my account and which documents are required for it?

To make the account active again, you are required to renew your KYC. You can do so by visiting the e-KYC page

How do I unblock my blocked account?

Contact our support team on 011-41194100

Can a Minor open a account with Share India?

Minors are allowed to open demat accounts only that too in offline mode. Documents required- minor stamp, minor KYC and gaurdain KYC alongwith cheque of Rs 1150 towards lifetime AMC

Can a sole proprietorship open an account at Share India?

No, an account cannot be opened in the name of a sole proprietorship firm with Share India as it is not a separate legal entity like a partnership or corporation.

How can one open non-individuals' e.g. HUF, Partnership, LLP, Company, Trust etc. accounts with Share India?

The accounts for non-individual entities can only be opened in offine mode. Please call xxxxxxxxx for further details

Can I add a joint account holder to my existing account?

No, you will not be able to add another person as a joint holder to your existing account with Share India

How can I transfer my existing trading/demat account with other broker/bank to Share India?

You will have to open a new trading/demat account with Share India through ekyc.shareindia.com. Thereafter, you will have to submit a request with your old brokers for payment of money lying in your trading account as well as transfer of securities, if any, from your old demat to your new demat account with Share India

What is In-Person Verification (IPV) and why is it needed?

Securities and Exchanges Board of India (SEBI) has mandated that all clients' identity and documents be verified. To comply with this directive, PAN card details are verified from the Income Tax (IT) departments' database, Aadhaar is verified by Digilocker, and the bank account information is verified by making a test transfer between ?0.01 to ?1 to the client's bank account. Further, Share India is also required to verify that the account is opened by the client themselves; hence a In-Person Verification (IPV) is performed.

Why is a Demat Debit and Pledge Instruction(DDPI) needed for a demat account?

DDPI is required to facilitate hassle free trading experience and avoid the requirement for physical movement of documents for each transaction relating to sale/pledge of securities

What happens if I don’t give the Demat Debit and Pledge Instruction(DDPI) of my Demat account?

You will have to provide a physical delivery instruction slip after each transaction involving sale of shares as well as for pledge of securities for margin purposes

How will I know about procsseing status of my account modification request?

You will receive a mail from Share India for the update

Does Share India charge anything for modification of account particulars?

For online it is Rs 0 and For offline it is Rs 100

What should I do in case I face any issues during account modification process?

Please raise it to the support team at support@shareindia.com

What should I do in case my account modification request gets rejected?

You can again raise it with the valid documents

What are the different modes in which I can make payment to Share India?

UPI, Net Banking and Vitural transfer

Can I make payment from any of my bank accounts?

You can only transfer funds from bank accounts in your name that are linked to your trading account as mandated by SEBI regulations.

How do I update my registered bank account details with Share India?

You can update the bank details by going into my account and clicking on Edit personal info on the web, go to bank details , update the details and save it.

How many days does it take to reflect the funds transferred by using Cheque?

The funds will be added to your trading account within 3 to 5 working days, once the cheque is cleared.

Can I make payment through my credit card/wallet accounts?

Funds cannot be transferred to ShareIndia account using credit card.

Can I make cash payment also?

No, funds cannot be transferred using cash

Will there be any processing charges w.r.t. payments made by me to Share India?

Transfer of funds from registered account UPI is charged ar Re1 + GST. 2. Instant payment gateway- This comes at a charge of ₹7-11 depending on the banks plus 18% GST with the convenience of instant credit

Lists of banks available on Share India's online platform for the payment gateway facility?

We use Razorpay to power the fund transfers You can find the list of supported banks under the ' TPV flow via Netbanking' column on this link .

Can I ask for release of payment to any of my bank accounts?

The payment is only credited to the registered bank account

In how much time shall the funds be credited to my bank account after submission of funds release request?

The payment is processed the same day if the request is done before 5PM.

Will there be any processing charges w.r.t. payments made to me by Share India?

No, there are no charges on withdrawal of funds

Under which circumstances shall Share India release my credit balance without my request?

According to the policy, brokerage firms are required to transfer back all unutilized sums of money kept in the client’s trading account back to the client’s bank account at least once, in a period of 90 days.

What is the meaning and purpose of Demat Debit and Pledge Instruction(DDPI)?

SEBI has introduced a new document to replace Power of Attorney (PoA) for the purpose of pledging and repledging of stocks for margin purpose.Clients can use DDPI to authorise the stock broker and depository participant to access their beneficiary ownership account (BOA) only to meet pay-in obligations for settlement of trades executed by them

When shall I receive delivery of shares bought by me?

The shares you purchased are short-delivered. Ideally, when you purchase shares, you will receive the delivery of those shares on T+2 days.

What is the meaning and pupose of CUSA Account?

The regulator has asked brokers to start separate client unpaid securities accounts (CUSA), which will hold shares of clients who have not paid for the purchases. Such shares cannot be held for more than seven trading days, after which they have to be sold if the client does not bring in money.

Frequently Asked Questions (FAQs)

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What are the account opening charges for a Demat account with Share India?

Are there additional charges for the dematerialisation or rematerialisation of shares?

Is there an annual maintenance charge (AMC) for the Demat account? If so, how much is it?

Are there any additional charges for a Demat account at Share India apart from the AMC?

Do I have to pay yearly maintenance charges at Share India even if I do not hold any shares in my demat account?

What is the procedure to open a Demat account or trading account with Share India?

What are the different types of demat accounts that I can open with Share India?

What are the documents required to open an account on Share India?

What are the fees or charges for opening an account?

Is digital e-signature available for the application?

What is the process for activating my Demat account after opening?

How long does it take to open a new account?

How do I check the status of my account opening application?

How many Demat accounts can be opened with Share India?

Is there an activation fee for a Demat or trading account?

Can I activate my trading account separately from my Demat account?

Are there any specific eligibility criteria for opening an account on Share India?

How do I initiate the process for closing my Demat or trading account?

How long does account closure typically take?

What happens to my securities upon account closure?

Can I reactivate open my current demat account in the future after closing it?

What types of corporate entities are eligible to open a trading account with Share India?

How can I open a corporate trading account with Share India?

How long does it typically take to open a corporate account?

What are the different fee structures and brokerage plans available for corporate accounts?

Do corporate accounts get assigned dedicated relationship managers?

What are the margin requirements for different types of trades?

Can I convert my individual trading account to a corporate trading account?

What are the mandatory documents required for opening a corporate account?

How do I sign into my Demat account?

Where do I find my login credentials?

How do I reset my password if I’ve forgotten it?

How do I enable two-factor authentication (2FA) for extra security?

Why is two-factor authentication required?

What should I do if I suspect unauthorised account access?

How can I review and manage devices linked to my account?

Why is there a multi-login restriction on Share India?

What happens if I log in to my account both on a new device or browser?

Can I log in simultaneously on different Share India platforms?

What documents are required to open an account for a Limited Liability Partnership (LLP) at Share India Securities?

What documents are required to change a director, partner or authorised person in a corporate, partnership or LLP account?

Do the partners need to complete the KYC again in case they already have an individual account with Share India?

What is a dividend yield calculator?

How does a dividend yield calculator work?

What are the benefits of using the Share India dividend yield calculator?

Does dividend yield rise when stock price falls?

What factors are considered in calculating the dividend yield?

How to interpret the dividend yield calculator?

Can I compare different investment options using a dividend yield calculator?

How accurate is the dividend yield calculator in predicting future dividends?

How does MCX ensure transparency in trading?

What is the difference between MCX and NCDEX?

What is the importance of MCX in the Indian economy?

What is the significance of the MCX iCOMDEX indices?

What is the impact of global commodity markets on MCX trading?

What is an HUF trading account, and who can open it?

Can multiple family members trade using the HUF account?

Can multiple HUF accounts be opened under the same Karta?

Is it mandatory for all HUF family members to provide their KYC documents?

How is an HUF trading account different from an individual trading account?

Can coparceners trade independently using the HUF account?

Can the HUF trading account be transferred to another family member?

What is the process to open an HUF trading account with Share India?

How long does it typically take to activate an HUF trading account?

How are profits from HUF trading accounts taxed?

Is a separate demat account required for an HUF trading account?

Do we need to submit an HUF deed when opening the account?

How can we add or remove members from the HUF trading account?

What types of investments can be made through an HUF trading account?

Are there any restrictions on trading patterns for HUF accounts?

How are dividends handled in an HUF trading account?

Can the HUF account be linked to multiple bank accounts?

Who are the Karta and coparceners in an HUF, and what are the conditions to become a Karta/coparcener?

What happens to the HUF trading account if the Karta passes away, and how is the new Karta chosen?

What are T-bills?

How do I buy T-bills from Share India?

How does Share India help in investments in T-bills?

Is there any minimum investment requirement for purchasing T-bills on Share India?

Are T-bills available for both individual and non-individual investors on your platform?

What is the process for raising a query or resolving issues related to T-bill transactions?

How do T-bills differ from other government securities?

Why are T-bills considered zero-risk investments?

Why are T-bills issued at a discount?

Can I sell T-bills before maturity?

What happens when T-bills mature?

Is there an automatic rollover facility for T-bills?

How do T-bills fit into a diversified portfolio?

How can I open a Basic Services Demat Account (BSDA)?

Can an NRI open a BSDA account with Share India?

Can I convert my regular demat account into a BSDA account?

What are the documents required to open a BSDA account with Share India?

What are the benefits of a BSDA?

Can I have two BSDAs?

What is the eligibility criteria for a BSDA account?

What is Online Trading App? How does it work?

Can I access Share India's Online Trading App from any smartphone or tablet?

How secure is Share India's Online Trading App?

What customer support options are available for users of Share India's Online Trading App?

How can I deposit funds in my trading account?

Are there any fees or processing charges for making deposits?

How can I add a new bank account on Share India?

How quickly are the deposited funds reflected in the account?

What payment methods does Share India accept?

Can I make payments from any of my bank accounts?

Can I make payments through my credit card?

Is there a minimum investment amount on Share India?

How does Share India's Trading Software enhance my trading experience?

What are the key features of Share India's Trading Software?

Does your Trading Software offer real-time market data and news integration?

What customer support options are available for users of Share India's Trading Software?

How do I open a trading account with Share India?

Why do I need a Trading Account to invest in the share market?

What documents are required to open a Trading Account?

Can I trade in stocks, derivatives, commodities, and currencies using a single Trading Account?

How do I monitor my portfolio and track my investments through my Trading Account?

Does Share India provide research and analysis tools for Trading Account users?

What is trade by amount?

What are the benefits of using trade by amount?

How does trade by amount affect my risk management?

Is trade by amount meant for experts?

Can trade by amount benefit from algo trading?

Is phone number-based login more secure than using a password?

What happens if I don't receive the verification code on my phone?

Can someone access my account if they have my phone number?

Can MTF be used for intraday trading?

How does MTF differ from a regular loan?

How is taxation managed for NRIs?

What documents do I need to give to open a trading account with Share India as an NRI?

How do I open a trading account with Share India as an NRI?

How can I manage my Share India trading account from outside India?

Is it possible to transfer funds from my Share India trading account back to my overseas bank account?

How are funds in NRI accounts settled after the sale of securities?

Are any stocks restricted for NRIs?

Can an NRI do intraday trades or commodity trading?

Can an NRI trade in futures and options?

Who is eligible to open an NRI trading account with Share India?

Are there restrictions on the types of trades or instruments for NRI accounts?

What Are Capital Gain Bonds?

How Do Capital Gain Bonds Work?

Who Can Invest in Capital Gain Bonds?

Are There Any Limitations or Restrictions on Investing in Capital Gain Bonds?

What Is the Minimum Investment Amount Required for Capital Gain Bonds?

Can minors open an account? If yes, what documents are required?

How long does it take to open a minor account?

Can a minor account be opened if the minor is NRI, and what are the docs required for the same?

Is it necessary for the guardian to have an account with Share India?

What to do if the minor does not have a PAN card?

Can a minor be a joint holder in another Demat account?

Can a trading account be opened in the name of a minor?

Can funds be added and withdrawn from the minor account?

Can buying and selling of securities be done in a minor’s trading account?

Are both the minor and their natural guardian required to complete KYC procedures when opening a Demat or trading account in the minor’s name?

What happens when a minor turns major (18 years old)?

What are the tax implications for a minor account?

Who must sign the form if any details need to be changed in the minor's account after it is opened?

Who is responsible for updating the authorities in case any changes are required in the minor account?

What Is Market Depth in the Stock Market?

How can Market Depth Data Benefit Traders?

What Role Does Market Depth Play in High-Frequency Trading?

How Is Market Depth Calculated in Stock Trading?

How Can I Effectively Use Market Depth for Intraday Trading?

How Can I View Market Depth in Share India?

What Is the Difference between Level 1 and Level 2 Market Depth?

Why Does Market Depth Fluctuate Frequently?

How Does Market Depth Interact with Automated Trading Bots or Algorithms?

How Does Market Depth Help Manage Order Execution in Real Time?

How Can 50 Market Depth Be Useful for Traders Who Use Algorithmic Trading Strategies?

What Limitations Exist When Using Market Depth for Decision-Making?

What Is the 50 Market Depth Feature on Share India?

How Does 50 Market Depth Differ from Standard Market Depth?

What Benefits Does 50 Market Depth Offer to Traders?

How Can I Access the 50 Market Depth Feature on the Share India Platform?

What precautions should traders take When using Market Depth during high volatility?

Can 50 Market Depth provide better insights into stock liquidity?

Does the 50 Market Depth feature cover all stocks or only specific ones?

How can I use the 50 Market Depth to improve my trading strategies?

What is the significance of viewing 50 levels of bid/ask prices in Market Depth?

Is the 50 Market Depth feature available for all types of trading accounts?

What trading strategies work best with the 50 Market Depth feature?

How does Market Depth behave during after-hours or pre-market trading sessions?

How Does Market Depth Help in Predicting Potential Price Breakouts or Breakdowns?

Can Market Depth predict stock price gaps or sudden volatility spikes?

Are there specific stock sectors where Market Depth analysis is more effective?

What is the advantage of seeing up to 50 levels of market depth in intraday trading?

Does the 50 Market Depth feature give insights into institutional trading activity?

How can I spot potential price reversals using the 50 Market Depth feature?

What does the order book reveal in the 50 Market Depth for large-cap stocks?

How do I access the 50 Market Depth feature on Share India’s trading platform?

What role does the 50 Market Depth play in understanding liquidity in the market?

What common mistakes should traders avoid when interpreting 50 Market Depth data?

Does Share India offer real-time market data on its online trading platform?

Are there any fees for making withdrawals?

How can I withdraw money from my Share India account?

How can I check my withdrawal request?

Can I withdraw immediately after selling shares or closing positions?

Why am I unable to withdraw from my trading account?

Is it possible to withdraw the money I just added?

Why is the withdrawable amount lower than my total balance?

How is VWAP calculated in the share market?

Does Share India's trading platform provide real-time VWAP data?

Can VWAP be used for both short-term and long-term trading strategies?

Can VWAP be customised based on specific trading requirements?

How to pledge securities to get collateral margin?

What is a quarterly settlement or running account settlement?

What is a contract note?

What is Demat Debit and Pledge Instruction (DDPI)?

What details are collected when opening an account with Share India, and why are they collected?

What are the benefits and risks of investing in an NSE IPO?

What happens if an NSE IPO is oversubscribed?

What is the difference between an NSE IPO and a BSE IPO?

What is the role of SEBI in NSE IPOs?

How is the allotment of shares decided in an NSE IPO?

What is the minimum investment required for an NSE IPO?

How does market volatility impact the option chain?

How can one use an option chain to identify market sentiment?

Why do option prices sometimes move differently than expected, even if the underlying stock moves as predicted?

Can option chains reveal insider activity or unusual trading behaviour?

How do corporate actions like mergers, acquisitions, or stock splits impact option chains?

How do nudges differ from regulations in trading?

How do algorithmic and high-frequency traders (HFTs) utilise option chain data?

What role does behavioural economics play in designing nudges for traders?

Are nudges ethical in the context of trading?

Can nudges be counterproductive in trading?

How can visual nudges, like colour coding, influence trading behaviour?

How do automated trading systems incorporate nudges?

What is Web Trading Platform?

How does Share India's Web Trading Platform enhance my trading experience?

How secure is Share India's Web Trading Platform?

What are the key features of Share India's Web Trading Platform?

Can I access Share India's Web Trading Platform from any Internet-connected device?

What customer support options are available for users of Share India's Web Trading Platform?

What are the brokerage rates at Share India?

What is the brokerage structure for equity delivery, intraday, and F&O trading?

Are there any hidden charges or minimum brokerage fees applicable per trade?

What tools does Share India have for calculating my brokerage charges?

What are the charges for F&O trading on Share India?

What are the Intraday trading charges on Share India?

If there's no cash balance in my trading account, but there are shares in my portfolio, how can I trade?

What are the rates of various statutory charges like STT, stamp duty, taxes, etc.?

What are call and trade charges?

What is the rate at which late/delayed payment charges are levied by Share India?

Are there any hidden charges while trading through Share India?