Team Espresso
We care that you succeed
Bringing readers the latest happenings from the world of Trading and Investments specifically and Finance in general.
IN 15 MINS*
A Demat account and a trading account give you the freedom to invest in success and prosperity. With the assistance of a renowned stockbroker, you can complete the process of opening a paperless Demat account in just a few minutes. All you need to do is fill out an application form along with the digitized versions of your documents.
Published on 10 January 2023
IN 15 MINS*
Most financial organizations require simple documents like your PAN Card, Aadhar Card, bank statement, passport size photo, etc., and a little bit of your time to open a Demat and trading account. With the penetration of the Internet, the entire process is now online and paperless. This means that you do not have to step out, and you can start your account opening process from within the comfort zones of your house.
A personalized relationship manager will get in touch with you to assist with the various steps as and when required. The activation of the account also does not take very long. The team usually processes the application within 24 hours, making it possible for you to start trading on the same day.
Demat is the short form for dematerialization. Thus, it is the process of converting your physical shares into a digital form. A Demat account holds financial securities like mutual funds, bonds, shares, etc. The objective of opening a Demat is to eliminate all the risks attached to holding securities in physical form.
You need to open a trading account to execute your stock trading activities. When a company lists its shares on the stock market, you can use this account to trade the same on an electronic system.
With a Demat account, investors get the authorization to trade and hold their financial securities conveniently. Moreover, it lets traders access the account online using their smartphones or laptops.
It is not easy to monitor your shares in physical form. The task is tedious and time-consuming. However, when shares are converted to a dematerialized form, you can efficiently access and monitor them. The account is of great importance in several cases.
Inflation reduces the value of money lying idle over time. By trading in the stock market, you can put this money to use and enjoy a favourable opportunity to grow it in due course. A trading account enables you to buy or sell securities. It is linked to your bank account, from which all the necessary liquid cash is used.
You can open a Demat and trading account online by following the steps mentioned below:
Once your application form is submitted, you can sit back and relax. There is no need for any kind of paperwork. The entire process is digitized and can be completed online. You will soon receive the login details for your Demat and trading account. You can use the same to log in to your account, deposit funds from your bank, and start trading.
We care that you succeed
Bringing readers the latest happenings from the world of Trading and Investments specifically and Finance in general.
If you are thinking of opening multiple Demat accounts online, then you are on the right page. While the Securities and Exchange Board of India (SEBI) permits the opening of multiple Demat accounts by one investor, there are many other things that you need to know before you get going. In this article, we will talk about everything that you need to know about opening multiple Demat accounts in India.
...Read More
If you don’t have a demat account and prefer to hold physical shares for the sake of investment, you might have to re-think your decision. The 2019 mandate of the market regulator Security and Exchange Board of India (SEBI) states that only the shares available in electronic format (i.e., dematerialised form) can be sold or transferred in the stock market.
...Read More
Dematerialisation of securities can be a great method to keep your physical securities safe and convenient. Apart from this there are several other benefits of dematerialising your securities. Here is everything you need to know.
...Read MoreIf you are an Indian resident and have all the required documentary proof, you can open the accounts for trading.
To open an individual trading and Demat account, you need the following documents:
When you open a Demat and trading account online by submitting only the digital copies of your documents, the process is known as paperless account opening.
The functions of a trading and Demat account are different. The former is used for placing orders to buy and sell stocks, while the latter holds the stocks and securities in an electronic form.
A Demat account is a repository for digitally storing and managing your stocks. In other words, the account lets investors hold securities and shares in the digital format and facilitate easy, safe, and convenient trade for users.
If you are thinking of opening multiple Demat accounts online, then you are on the right page. While the Securities and Exchange Board of India (SEBI) permits the opening of multiple Demat accounts by one investor, there are many other things that you need to know before you get going. In this article, we will talk about everything that you need to know about opening multiple Demat accounts in India.
...Read More
If you don’t have a demat account and prefer to hold physical shares for the sake of investment, you might have to re-think your decision. The 2019 mandate of the market regulator Security and Exchange Board of India (SEBI) states that only the shares available in electronic format (i.e., dematerialised form) can be sold or transferred in the stock market.
...Read More
Dematerialisation of securities can be a great method to keep your physical securities safe and convenient. Apart from this there are several other benefits of dematerialising your securities. Here is everything you need to know.
...Read MoreIf you are an Indian resident and have all the required documentary proof, you can open the accounts for trading.
To open an individual trading and Demat account, you need the following documents:
When you open a Demat and trading account online by submitting only the digital copies of your documents, the process is known as paperless account opening.
The functions of a trading and Demat account are different. The former is used for placing orders to buy and sell stocks, while the latter holds the stocks and securities in an electronic form.
A Demat account is a repository for digitally storing and managing your stocks. In other words, the account lets investors hold securities and shares in the digital format and facilitate easy, safe, and convenient trade for users.
Sharekhan Comtrade Private Limited (TM) operates the web site accessible from the URL www.myespresso.com (the “web site”').
Sharekhan Comtrade Private Limited is committed to protecting your privacy and utilising technology that gives you the most powerful, safe, online experience that you can get anywhere else.
Sharekhan Comtrade Private Limited does, however, gather certain information that is provided by you to the Web Site. Sharekhan Comtrade Private Limited believes that by collecting this information Sharekhan Comtrade Private Limited is able to provide you with a personalised web experience, and to assist its own sales team and advertisers in efficiently reaching an appropriate audience.Sharekhan Comtrade Private Limited does, however, gather certain information that is provided by you to the Web Site. Sharekhan Comtrade Private Limited believes that by collecting this information Sharekhan Comtrade Private Limited is able to provide you with a personalised web experience, and to assist its own sales team and advertisers in efficiently reaching an appropriate audience.
Sharekhan Comtrade Private Limited requests the minimum information it believes necessary to achieve this goal.
The following discloses Sharekhan Comtrade Private Limited's information gathering and dissemination practices for the Web Site:
Sharekhan Comtrade Private Limited uses your IP address to help diagnose problems with our server and to administer the web site. Your IP address is used to identify you and your shopping cart and to gather broad demographic information.
The Web Site's registration form may require users to give us contact information (like their name, phone number and e-mail address), unique identifiers (like their PAN Number) and demographic information (like their pin code, age or income level). The Web Site uses customer contact information from the registration form to send the users information about Sharekhan Comtrade Private Limited and promotional material from some of Sharekhan Comtrade Private Limited's partners. The customer's contact information is also used to contact the visitor when necessary. Unique identifiers (such as PAN numbers) are collected to verify the user's identity. Demographic and profile data is also collected at the Web Site. We use this data to tailor the visitor's experience at the Web Site, showing them contents that we think they might be interested in, and displaying the contents according to their preferences. This information is shared with advertisers on an aggregate basis.
This site contains links to other Web Sites which are not necessarily been screened or reviewed by www.myespresso.com. Sharekhan Comtrade Private Limited is neither responsible for the privacy practices or the contents of such Web Sites nor shall be held answerable for the inaccurate, inappropriate or offensive data, material, information, products and services that may be viewed on those sites.
Sharekhan Comtrade Private Limited may operate a number of co-branded sites. Policies regarding information collection and sharing may differ on some of these co-branded sites. If you have any particular questions, you should check the privacy statement that appears on each co-branded site.
The Web Site uses an order form for customers to request information, products and services. The Web Site collects visitors' contact information (like their mobile number or e-mail address), unique identifiers (like their PAN number) financial information (like their account or credit card numbers) and demographic information (like their pin code, age or income level). Contact information from the order form is used to send orders, information about Sharekhan Comtrade Private Limited, and promotional material from some of Sharekhan Comtrade Private Limited's partners to the visitors of the Web Site. The visitor's contact information is also used to get in touch with the visitor when necessary. Financial information that is collected is used to check the users' qualifications and bill the user for products and services. Unique identifiers (such as PAN numbers) are collected from Web Site visitors to verify the user's identity.
The Web Site's online surveys ask visitors for contact information (like their mobile number or e-mail address) and demographic information (like their pin code, gender, age or income level). The Web Site uses contact data from its surveys to send the user information about Sharekhan Comtrade Private Limited and promotional material from some of Sharekhan Ltd.'s partners. The customer's contact information is also used to contact the visitor when necessary. Users may opt-out of receiving future mailings; see the choice/opt-out section below. Demographic and profile data is also collected at the Web Site. The Web Site use this data to tailor its visitor's experience at the Web Site, showing them content that it thinks they might be interested in, and displaying the content according to their preferences. This information is shared with advertisers on an aggregate basis.
Sharekhan Comtrade Private Ltd run contests on the Web Site in which we ask visitors for contact information (like their e-mail address). Sharekhan Comtrade Private Limited uses contact data from its contests to send users information about Sharekhan Comtrade Private Ltd. and promotional material from some of our partners. The customer's contact information is also used to contact the visitor when necessary. Users may opt-out of receiving future mailings; see the choice/opt-out section below.
Sharekhan Comtrade Private Limited engages the services of an outside advertisement company to display advertisement on the Web Site. These advertisements may contain cookies. While Sharekhan Comtrade Private Limited uses cookies in other parts of the Web Site, cookies received with banner advertisements are collected by the Advertisement company, and Sharekhan Comtrade Private Limited does not have access to this information.
The privacy and protection of your data and information provided to us is of vital importance. Sharekhan Comtrade Private Limited shall ensure to safeguard the security and confidentiality of any information you share with us. Any personally identifiable information of the customers obtained by us shall not be used or shared other than for the purposes to which the customers consents. However security and confidentiality of information cannot be guaranteed cent percent. Hence despite our utmost efforts to protect your personal information, Sharekhan Comtrade Private Limited and www.myespresso.com cannot warrant the security of any information you transmit to us through our online services. Such transmission of your personal information is done at your own risk.
Sharekhan Comtrade Private Limited and www.myespresso.com shall not deliberately disclose customer's personally identifiable information to any unauthorized third person, save and except where such information shall be disclosed in good faith and for the purpose of law for the time being in force or to protect the rights and property of Sharekhan Comtrade Private Limited and www.myespresso.com.
The Web Sites makes chat rooms, forums, message boards and/or news groups available to its users. Please remember that any information that is disclosed in these areas becomes public information and you should exercise caution when deciding to disclose your personal information.
The Web Site supplements the information that you provide with information that is received from third parties.
The Web Site DOES NOT entice by the prospect of a special game, prize or other activity, to divulge more information than is needed to participate in the activity.
Further to the above, in light of the recently notified Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011. (Hereinafter referred to as the Rules)
provided that, any information that is freely available or accessible in public domain or furnished under the Right to Information Act, 2005 or any other law for the time being in force shall not be regarded as sensitive personal data or information for the purposes of Rules.
Such information may be collected in a manner that the client is always aware of the collection and purported usage of the same. The client shall have an option to withdraw consent to share the information. However such intimation shall be required in writing. Such intimation shall only be taken into account from the date on which the same is received. Sharekhan Comtrade Private Limited may choose to stop services to such a client in case such intimation is received. Such information shall only be used for the purpose it is collected.
Clients would be allowed an option not to disclose any information to be collected, provided the same is in compliance with regulatory requirements.
Sharekhan Comtrade Private Limited shall maintain reasonable security practices and procedures and maintain a comprehensive documented information security programme. In the event of an information security breach, Sharekhan Comtrade Private Limited or a person on its behalf shall be required to demonstrate as and when called upon to do so by the agency mandated under the law, that there have implemented security control measures as per their documented information security programme and information security policies and information security policies that contain managerial, technical, operational and physical security control measures that are commensurate with the information assets being protected with the nature of business.
Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Note: "This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail."
By accepting the Terms & Conditions, you authorise Espresso, its representatives and agents to provide information about various products, offers and services provided by Espresso through any mode, including telephone calls, SMSes, emails, letters and any other mode of communication. You also confirm that laws in relation to unsolicited communication referred in "National Do Not Call Registry" as laid down by "Telecom Regulatory Authority of India" will not be applicable for such information/communication.
You can file complaints on SCORES through https://scores.gov.in/scores/Welcome.html