ESPRESSO

SHAREKHAN

Step by Step Guide to Open Your Demat Account

How to open a Demat Account online:

A request to open a Demat Account with any DP can be applied for online as well.
• Click on the ‘Open Demat Account’ tab and submit the following details
• Name
• Email address
• Mobile Number
• Enter a one-time password (OTP) that you will receive.
• City
• You will receive communication from the DP to get in touch with you for completing the
above-mentioned formalities and opening a Demat Account.

Full details will be updated soon.

Click Here To Open ESPRESSO Demat Account

Documents required:
1. A scanned copy of your PAN card.
2. A scanned copy of Aadhar Card.
3. An active mobile number linked to your aadhaar card. To complete the eSign in
process, you will need OTP. So, make sure your mobile number is linked with your
Aadhar card. If not, then visit the nearest Aadhaar Seva Kendra to get it updated.
4. Cancelled Cheque/Bank statement to link your bank account. Make sure the bank
statement you are uploading has an Account number, IFSC and MICR code printed
on it. If these are not clear then your application may be rejected. The cheque must
have your name clearly inscribed on it.
5. A scanned copy of your signatures. This should be done with a pen on a blank paper
and should be clearly visible. Pencils, sketch pens or markers will make the application
rejected.
6. Income Proof - It is only required if you wish to trade in Futures & Options, Currency
or Commodities. You can submit any of the following documents as an income proof:
a. Form-16
b. Latest 6-month Bank statement
c. Latest salary slip
d. Networth certificate from a CA
e. Income Tax Return Acknowledgment

Note – Please note that only individual accounts are opened online.

Investment Advisory Disclosure:

In terms of the regulatory requirements, you as a user can either avail our
distribution/facilitation services or investment advisory services and not both.

The Company shall make all endeavours to ensure segregation of the distribution and
advisory activities by not offering both to the same user by placing appropriate post-login
disablement/accessibility blocking checks on the website.

However, as a user, it is your responsibility not to subscribe to / avail the distribution

services of this platform in case any of the following is a user of our group company’s
product “Reserve by Finology” or “Recipe by Finology” -
• You yourself;
• Your dependent family member (i.e. your spouse, parents or children who invest
using your money); or
• family members on whom your is dependent (i.e. spouse, parents or children whose
money you invest)

At any point in time, if it is found that you have been availing services of “SELECT” and
“RECIPE”/ ”RESERVE” or any other advisory product, together in any of the manner
specified above, then in that case the company (including its group companies) have the
sole right to decide upon stopping any one service immediately.