Angel One Account Opening
Angel One Account Opening To invest in stocks or trade in stock or derivatives with 5paisa, an individual has to open a 2-in-1 account including a trading account and a demat account. If you only interested in investing Mutual Funds, you could open Angel One Mutual Fund Account. 5paisa offers 2 types of accounts: 2-in-1 Account (Trading + Demat Account) Mutual Fund Investment Account How to open an account with Angel One? Angel One offers paperless account opening. In most cases it takes 1 hour to get your account activated after you submit the online application and supporting documents. To open account with Angel One, simply visit its website and fill the online account opening form. If you need assistance with account opening, leave your mobile number on its website and Angel One representative will contact you in next few hours to guide you. The online account opening is integrated with Aadhar card and required correct mobile number setup in Aadhar database for your information validation. In case the Aadhar validation fails, the account opening has to be done by filling the forms manually, printing them and sending them through courier. 5 Steps to open Angel One account Fill in your Personal details Just fill in your PAN number, Date of Birth and Aadhar number. All other detail is pulled from eKYC database, so can just verify it. Fill in your Bank details Enter your Account Number and IFSC. Upload your Documents Upload your Photo, Aadhaar Card and Cancelled Cheque. Make Payment You will be prompted to pay towards your account opening charges. Also, you can enter a amount you wish to start trading with. You will be redirected to a payment gateway where you can make payment. E-sign your form Once you have filled all the details, you can review the complete form and sign the form digitally. Your application process will be complete. If you do not have an Aadhar physical signature will be required Angel One Account Opening Status In case of online account opening, it takes between 1 to 4 hours to get the account activated if all the information and supporting documents are in right order. If paper form is couriered to Angel One, it takes maximum 2 working days to open the account after forms are received. Customer receive an email confirmation after the account is opened. If you do not receive a welcome email after 2 days, please give a call you 5paisa support team and they can tell you the status of account opening. Angel One Account Opening Form Angel One Account Opening Forms are available on its website to download in PDF format. You could also fill the online account opening application, print it, sign and courier to Angel One Mumbai office. Angel One Account Closure Angel One all-in-1 account gets deactivated if you do not use them for 6 months. This dormant trading account can be activated by calling Angel One. If you are a 5paisa customer and not using the account or moved to another stock broker, it is recommended to close the account to avoid paying AMC charges and maintaining minimum balance. It also reduces the chance of misusing the account by someone else. 5paisa customer may close the accounts at any point of time. Easiest way to close the account with 5paisa is by submitting an application for Account Closure. The form can be downloaded from 5paisa’s website. Customer can fill the form, sign it and courier it to the Mumbai office. Note that after the application for account closure is received, it may take up to 2 working days to close the account. Customer receive the email notification with the status updates on account closing procedure. Customer has to clear all the balances before closing the account. Fail to do so result in to delay in closure. 5paisa do not charge any fee for account closure.