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Open an instant paperless account with Axis Direct. The leading full-service broker offers free demat and trading accounts at zero account opening charges. Its 3-in-1 account is an integrated Axis Direct demat account, trading account, and Axis bank account to offer a seamless trading and investing experience. Here’s the complete step-by-step guide on how to open a demat account with Axis Direct, what the account opening charges are, and the account closure guide.
Here’re the benefits of opening an account with Axis Direct;
Is Axis Direct Free? Though the account opening is free at Axis Direct, but when you trade in any segment (intraday, delivery, futures and options), the broker charges a brokerage fee on every trade.
Axis Direct offers a fully digital account opening process to enable residents to open online demat and trading accounts. Head to the Axis Direct account opening page and follow steps below to open Axis Direct account instantly in less than 15 minutes.
https://digitalaccount.axisdirect.in/register?utm_source=open-an-account&utm_medium=website-header
Here is a list of documents required to open an account with Axis Direct;
You can choose to open Axis Direct trading and demat account offline. To do so, you’ve to download the Axis Direct Account opening form which is available on the broker’s website. Fill the necessary details required in the account opening form such as name, DOB, PAN card details, bank details, etc., affix your photograph and sign it. Submit the duly filled form at any of the nearest branch office or send it via courier.
Axis Direct Account Opening Form
All the details will be verified by the team, and upon successful verification, you will receive the login credentials.
Post you’ve completed the online account setup formalities, it usually takes T+2 working days to activate your account. Once the account gets activated, you will receive the login ID and password, required to log in to the Axis Direct Demat account.
You can activate Axis Direct account online by using mobile number or PAN.
Once the account is activated, you can transact online in equity stocks and derivatives.
Axis Direct provides an offline account closure process means you cannot close your account offline.
If you have no holdings in your demat account or no outstanding dues, you can proceed with account closure. To close your account, write an email to [email protected].
You must enclose the duly filed and signed account closure form with the email with the reasons for closing your account. Here is the link to download Axis Direct account closure form:
