Sahi Account Opening Process

Open a Free Sahi account (demat and trading) at zero fees. Yes, Sahi, owned by Aaritya Broking, charges no account opening fees and offers a free AMC demat account for a lifetime. The account setup process is streamlined via DigiLocker and eSign.

Want to open an account with Sahi? Find everything about Sahi demat account opening process, charges, brokerage fee, account activation, and more.

Sahi Demat Account Charges

How to Open Sahi Demat account online?

Open your Sahi demat and trading account using the Sahi app. With just a few simple steps, you can verify your contact details, complete your KYC, and link your bank account.

Let’s review the step-by-step Sahi demat account opening process:

1. Download the Sahi Trading App and complete sign-up

• Download Sahi app from the Google Play Store (Android) or the Apple App store (iOS) and open it.
• Enter your mobile number, enter the OTP, and tap on Continue.
• Enter your email ID and verify with the OTP.

2. Document verification using DigiLocker

Sahi uses DigiLocker for Aadhaar verification for the onboarding process.

• Allow access to DigiLocker and click on Proceed.
• Enter your Aadhaar card number and tap on Next.
• Enter the OTP sent to the registered mobile number.
• Tap on Continue and enter the DigiLocker Security PIN.
• The system will auto-fetch your PAN card details.
• Click on Yes, confirm.
• Your Aadhaar and PAN are

3. Add your Bank account to Sahi trading account

• You can add your bank details via UPI or enter bank details manually. Select any option of your choice and enter details.
• If you choose to link bank account manually, you have to enter bank account number, IFSC code, account type (Saving or current), and click on Yes, confirm.

4. Enter personal details

Enter below required personal details:

• Select the income range is from the drop-down
• Marital status: Married, Unmarried, Divorced, Widowed
• Trading Experience from the drop-down
• Father’s full name
• Select the checkbox and tap to proceed.

5. Take a Selfie for Identity verification

Take and upload a selfie for in-person verification (IPV) as per the instructions given on the screen. Ensure your face is visible with good lighting, and avoid wearing masks, caps, or eyewear.

Allow access to the camera, and click on proceed to capture and upload your selfie.

6. Setup account preferences

• Select trading segment: Equity (by default selected), select equity F&O (if you want to trade in the equity derivatives segment).
• Your Nominee: Enter nominee details like nominee name, date of birth, and share to add the nominee to your Sahi Demat account.
• Money transfer of unused funds: Two-options are available i.e., quarterly or monthly.

7. Submit income proof to enable F&O

If you want to trade F&O, you must upload income proof like a salary slip, bank statement, ITR, etc. to activate the F&O segment. You can choose to:

• Auto-fetch bank statement (Faster process): Enter the mobile number linked with your bank account, OTP and select the bank account. And the bank statement will be auto-fetched.
• Upload income proof manually: Bank statement, ITR, etc.

8. Proceed to E-sign

• Click on Proceed to e-Sign.
• Enter the Aadhaar card number, select the checkbox, and click on Get OTP.
• Enter the OTP and tap on Verify OTP.
• Document Signed Successfully message will be displayed.

9. Account Activation

Your Sahi demat and trading account will be activated after document verification. If you’ve correctly entered all the details and submitted the required documents, your Sahi demat account will be verified. The account activation process typically takes 48 working hours (2 days).

10. Sahi Demat Account Login

• Open Sahi app or web portal.
• Enter your login credentials (sent in the welcome email).
• Create a 4-digit PIN for faster access.
• Your Sahi account will be logged in.

Sahi Trading Account F&O Activation

If you’ve already opened a Sahi equity trading account and now wish to trade in F&O segment too, you can activate the F&O segment conveniently via the Sahi app.

• Log in to the Sahi account.
• Go to Profile.
• Click on Manage Segments.
• Tap on the Activate F&O
• Upload the required income proof.
• You can auto-fetch banks statement via account aggregator or upload it manually.

Sahi Demat Account Refer and Earn

Earn commission by referring Sahi demat account to others. Here’s how you can refer Sahi account to others:

• Share your unique referral code or link with the new user (referee)
• The referee must use the code during the Sahi app Sign-up
• Once the referee opens Sahi account within 30 days, you will get a payout of Rs 250 on each referral, restricted to a maximum payout of ₹1,250 per month.
• Referee will enjoy commission-free trading for the first 30 days, and after that, can trade at just ₹10 flat fee.

Sahi Demat Account is the Best for you, if you’re:

• Looking for zero initial charges: Sahi charges ₹0 for opening a demat account and ₹0 AMC (Annual Maintenance Charges).
• Low-cost trading: Sahi brokerage plan charges Flat ₹10 per trade fee, cheaper than Zerodha, Angel One, and 5paisa.
• Fully online account opening process via DigiLocker, Aadhaar e-sign and Selfie verification.
• Beginner-friendly platform for investors
• Advanced tools for traders – like Sahi options scalper, Auto-trailing Stop-loss, Trade directly from charts.

Final Thought

Sahi stands out as a cost-effective, user-friendly trading platform for traders and investors. No opening fee or AMC, with competitive brokerage, especially with the free-brokerage first 30 days offer comes as a cost-effective choice for you.

Open a Sahi Demat account if you want zero fixed cost, low brokerage, and advanced equity and options trading tools – useful for beginners, traders, and investors.