Demat account
This query is : Resolved
23 May 2014
Dear Experts,
please guide me on the following issues:-
1) which account is opened first trading account or demat account ?
2) can i open my demat account with state bank of india and demat account with any of the broker like motilal oswal, angel broking etc.?
Regards & thanks.
please guide me on the following issues:-
1) which account is opened first trading account or demat account ?
2) can i open my demat account with state bank of india and demat account with any of the broker like motilal oswal, angel broking etc.?
Regards & thanks.
Nikhil Kaushik
(Expert)
24 May 2014
these days, the most preferred way to open an account is 3-in-1 accounts with bank, broking and trading account with same entity or entities with collaboration.
I would suggest that you pick institutions like HDFC Bank etc. and even if you want to pick Motilal oswal, they do have tie-up with SBI.
for your own benefit open the accounts together at one place.
I would suggest that you pick institutions like HDFC Bank etc. and even if you want to pick Motilal oswal, they do have tie-up with SBI.
for your own benefit open the accounts together at one place.
Rupesh Jain
(Expert)
31 May 2014
you can open demat a/c and then trading a/c. for trading a/c you want client master of demat a/c.
it is best you open both a/c with single agency.
it is best you open both a/c with single agency.
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