How to open a 5paisa Demat account offline?

How to open a 5paisa Demat account offline?

If your mobile number is linked to the Aadhaar card, and you are a resident Indian individual then the Demat account process can be initiated online.

Note- As per the regulations, new accounts cannot be opened if the PAN card number is not linked with Aadhar card. Even if Aadhar is successfully linked with PAN, it must still be updated in the IT records, which can take up to 3 working days.

In Offline procedure, we have two ways to open an account-
  1. Manual
  2. Pre-filed
For Manual Process

You have to courier the account opening form by manually filling out the AOF (Account Opening Form) along with the required documents mentioned below to 5paisa Head Office. 

Documents Required:
  1. PAN Card
  2. Address Proof (Aadhar Card preferred)
  3. Bank Proof
  4. Income Proof (For derivatives & currency segment)
  5. Photograph 
Note: If bank verification fails, the user is required to submit another bank proof (passbook, etc)
 
For Pre-filed Process

There is an option to complete the part of the process online. The user needs to complete the steps mentioned below. Then, download the AOF (form will be pre-filled) received at your registered email address. Get it print out and sign the form manually. Then, send the same via courier to 5paisa's head office address.

Step to open a 5paisa Demat Account:

Step 1: Registration
Step 2: KYC verification (PAN Card)
Step 3: Bank Details and Personal Details
Step 4: Upload Documents
Step 5: Download AOF (received on your registered email)

To download the account opening form click here
 
Head Office Address-

5 Paisa Capital Limited
IIFL House
Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane– 400604
 
You can visit the nearest Aadhaar Centre and get your phone number linked to your Aadhaar. 

    • Related Articles

    • What documents do I require to open a Demat account offline with 5paisa?

      You can easily open an account offline with 5Paisa by providing the following supporting documents: A passport-size photograph to affix and sign across the Account opening form. A copy of the PAN card, which is self-attested with your signature. A ...

    • How do I open Demat account online?

      An individual 5paisa Demat account can be opened online only if the mobile number is linked to the Aadhaar card. For opening an account, visit here or download the application from play store Follow the below steps to open your Demat account with ...

    • How to open a joint Demat account with 5paisa?

      To open a joint demat account with 5Paisa, you are required to submit an offline application. Specifications for Opening a Joint Demat Account In a joint demat account, there can be a maximum of 3 account holders which includes the primary account ...

    • How do I open a commodity account?

      If you are already have a trading and demat account with 5paisa, you do not have to bear any further charges for activation of MCX segment i.e. Commodities segment If you wish to activate your commodity segment, we request you to follow the path as ...

    • How to open a minor Demat account at 5paisa?

      5paisa does not currently offer the option to open a minor Demat account; you may need to explore other financial institutions or brokers that provide this service if you want to open an account for a minor. These institutions may have specific ...