What is the process for opening an account at 5Paisa?

What is the process for opening an account at 5Paisa?

Here is a step-by-step procedure for opening a Demat account with 5paisa:

·       Visit the 5paisa website (https://www.5paisa.com/demat-account) or download 5paisa mobile app.

·       Click "Open Account" and enter your phone number.

·       Verify your phone number and click "Apply Now."

·       Enter your email address and verification code.

·       Submit your PAN number and date of birth.

·       Follow the prompts to complete the E-KYC process. This will involve a real-time selfie upload.

·       Electronically sign the account opening form to finalize the process.

Documents Required:

Aadhaar card, PAN card, Voter ID, passport, or

Driving license Ration card, utility bills (electricity, phone), bank statements, property tax receipts.

Note: Proof of income may be required in specific cases. Also, the account activation process typically takes 36 to 48 hours after successful document submission.