Product Details
Brokerage and Fees
Brokerage Charge For Normal Trading: (Normal trading is non-intraday trading where the buyer takes delivery of the stocks): 0.10%.
Brokerage Charge For Intraday Trading: 0.01%.
Brokerage Charge For Options Trading: INR 20 per lot.
Annual Maintenance Charge: INR 499 one time for first 5 years.
Account Opening Charges: INR 0.
Payment Gateway Charges Netbanking: INR 0.
Payment Gateway Charges UPI: INR 0.
Overdue Interest Charges: N.A.
Monthly Platform Fee: INR 0.
Digital KYC Charges: INR 0.
Physical Settlement Charges: N.A.
Call & Trade Order: Free.
Account Opening Fees
Free.
Eligibility
Any Indian Individual/Corporate/ NRI can apply
Annual Fees
499 (one time fee - for 5 years)
Aditya Birla Money Review
Special Features
Deep research tools and reports for stock selection.
Features
Cons
App interface is dated.
Brokerage is higher relatively.
Pros
Deep research tools and reports for stock selection.
Part of Aditya Birla Group.
Free call and trade facility.
Pros and Cons
How to Apply?
Aditya Birla Money allows you to open a demat and trading account entirely online in a convenient and efficient process. Here's a step-by-step guide:
1. Visit the Account Opening Page:
Head over to the official Aditya Birla Money account opening page: https://stocksandsecurities.adityabirlacapital.com/
2. Enter Your Details:
Provide your basic information like name, mobile number, and email address.
3. Mobile Number Verification:
You'll receive a One-Time Password (OTP) on your mobile number for verification. Enter the OTP to proceed.
4. PAN Details and Date of Birth:
Fill in your PAN Card number and Date of Birth.
5. Detailed Online Application:
The platform will guide you through a comprehensive online application form. Here, you'll need to provide personal information like address, occupation, and income details.
6. Document Uploads:
Scan and upload scanned copies of the following required documents:PAN Card (mandatory)
Proof of Address (Aadhaar Card, Driving Licence, Voter ID, or Passport)
Cancelled Cheque from your bank account (linked to your trading account)
Passport-sized Photograph
7. KYC Verification (Optional):
KRA Verification (Optional): If your KYC (Know Your Customer) details are already registered with the Central KYC Registry (CKYC), you can opt for instant verification, eliminating the need for physical document submission.
e-Sign (if not KRA verified): If not KRA verified, you'll need to e-sign the online account opening form electronically.
8. Account Opening Confirmation:
Once all steps are completed and your information verified, your Aditya Birla Money account will be opened. You'll receive confirmation and login credentials via email.
Documents Required
Account Opening and Procedures
How to Apply?
Aditya Birla Money allows you to open a demat and trading account entirely online in a convenient and efficient process. Here's a step-by-step guide:
1. Visit the Account Opening Page:
Head over to the official Aditya Birla Money account opening page: https://stocksandsecurities.adityabirlacapital.com/
2. Enter Your Details:
Provide your basic information like name, mobile number, and email address.
3. Mobile Number Verification:
You'll receive a One-Time Password (OTP) on your mobile number for verification. Enter the OTP to proceed.
4. PAN Details and Date of Birth:
Fill in your PAN Card number and Date of Birth.
5. Detailed Online Application:
The platform will guide you through a comprehensive online application form. Here, you'll need to provide personal information like address, occupation, and income details.
6. Document Uploads:
Scan and upload scanned copies of the following required documents:PAN Card (mandatory)
Proof of Address (Aadhaar Card, Driving Licence, Voter ID, or Passport)
Cancelled Cheque from your bank account (linked to your trading account)
Passport-sized Photograph
7. KYC Verification (Optional):
KRA Verification (Optional): If your KYC (Know Your Customer) details are already registered with the Central KYC Registry (CKYC), you can opt for instant verification, eliminating the need for physical document submission.
e-Sign (if not KRA verified): If not KRA verified, you'll need to e-sign the online account opening form electronically.
8. Account Opening Confirmation:
Once all steps are completed and your information verified, your Aditya Birla Money account will be opened. You'll receive confirmation and login credentials via email.
Account Opening and Procedures
Aditya Birla Aditya Birla Money Standard Plan Review
ABM charges a low brokerage for equity deliver trades (normal stock purchase). However, it charges a high demat debit charges (fee charged whenever you sell a security). ABM offers a number of hand holding services for 1st time investors, it also offers several research reports and market insights. Overall it is a good app for first time investors.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Recommedation For Stock Market Investment
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