How to open SAMCO Account?

SAMCO is one of the india’s leading and 4^the largest discount broker. New account opening process with SAMCO is easy and quick.

Before answering this question, let us discuss how SAMCO works.

SAMCO is an online discount broker. The company has an office in Mumbai and operates from only one location. The broker is DP with CDSL. If you are “Do By Your Self” kind of trader or investor, SAMCO is best fit for you.

Steps to open an account with SAMCO:

SAMCO offers online account opening but you need to send the physical copy of the form to SAMCO Mumbai office. SAMCO offers a 2-in-1 account which includes Trading and Demat Account. For banking transaction, you can link any nationalize bank account with SAMCO. As you need to physically send the account opening form to SAMCO office, the process usually takes 3 to 7 working days to activate your account.

1. Register online on SAMCO.in and fill the account opening details which include account holder name, PAN details, Aadhar details, address proof, bank information and general information.

2. Once you complete registration process, You can take printout of account opening form.

3. Sign the documents.

4. Self Signed copy of PAN Number, Aadhar Card, Address Proof, Bank Proof need to submit with account opening form.

5. Post the documents to SAMCO Mumabi Office.

6. Once Support team receive your documents, they will complete the account opening process and send the welcome kit with user id and password to your registered email address.

After you receive your welcome kit, you can initiate fund transfer and start trading from day one.

List of Documents to open an account with SAMCO:

1. PAN Card (signed copy).
2. Address Proof – Aadhar Card (signed copy)
3. Bank proof (signed copy)
4. Canceled cheque
5. KYC form (signed copy)
6. Account Opening form(signed copy)