uTrade AlgosWith Share India, you can open three broad types of Demat accounts:
- Individual Demat Account
- Non-Individual Demat Account
- BSDA account
Individual Demat Account: Individual Demat account is for all individuals who wish to buy, sell, or hold shares in their Demat account. With Share India, individuals of the following status can open an individual demat account:
- Resident Individual
- Non-Resident Indian
- Foreign National
- Person of Indian Origin
- Minor Individual
As a resident individual, you can choose to open a Demat account with Share India through our website. To open your account, refer to this link:
For any other individual account, you need to fill out the required forms, attach supporting documents and courier them to the following address:
Share India Corporate Office,
A-15, Sector 64, Noida,
Distt. Gautam Buddha Nagar,
Uttar Pradesh-201301.
If you need any assistance, feel free to contact our support team at 18002030303 or support@shareindia.com.
For more details on the documents and steps involved, please refer to the following links:
Note: Minors can not open or operate Share India’s Demat account on their own. Only their legal guardian can initiate the account opening process.
Non-Individual Demat Account: A Non-Individual Demat account is for entities other than individuals, such as:
- Hindu Undivided Families (HUFs)
- Corporate Entities (Companies, LLPs, Partnerships)
To open your account as HUF, refer to this link:
To open your account as a corporate entity, refer here:
To open your account as LLP, refer to this link:
BSDA Account: A BSDA is a cost-effective Demat account designed for small investors who hold limited securities. To open a BSDA account with Share India, you need to fill out the required form, attach any supporting documents and courier them all to Share India’s Corporate office to avail of the service. For detailed information on the process, refer here: