Do you want to know How to Open PhonePe Demat Account Online don’t worry you are in the right place I will explain the steps that you need to follow then you can Open PhonePe Demat Account Online or you can say How to Open Share.Market Demat Account Online.
As you know, recently phonepe introduced share.market stockbroker product that help trader and investor buy and sell share (stock) index and mutual funds.
If you think of opening a demat account in share.market phonepe app and start your investment journey then this article for you to know share.market demat account process in detail.
How to Open PhonePe Demat Account Online
To open share.market phonepe demat account online, follow the below steps:
- Open the PhonePe Share.Market App or You can download App > Direct Link
- Next, need to enter your mobile number, and click on the “Verify” option. A 5-digit OTP needs to be entered and click on the “Verify” option.
- Then, enter your personal email ID and click on the “Proceed” button.
- Next, enter the 5-digit OTP that’s sent to your email ID and click on Verify.
- Then, click on Open Account, now need to enter your PAN card number, tick the checkbox, and click on the “Proceed” button.
- Tap Confirm your name and proceed.
- Now, click on Proceed to DigiLocker. Once your documents are fetched from DigiLocker, enter or select all relevant details in KYC Details and tap the “Proceed” button.
- Check your declarations, select the settlement type for your unused funds, and click on Proceed.
- Enter or select your bank details and tap Proceed. We will verify your bank account details by crediting ₹1 to your bank account. Tap the “Proceed” button.
- Tap Open Camera to capture the selfie and click on “Submit”.
- Draw your signature and click on the “Submit” button.
- Then, click on “Proceed to E-sign” to e-sign the account opening form.
- Tick the checkbox, enter your Aadhaar number, and click on Send OTP. Enter the OTP sent on your Aadhaar registered mobile number and click on the “Verify OTP” option.
Once you have done the above steps, your account will be opened within three (3) working days. and all your User ID and login credentials are sent to your registered Email ID and mobile number.
Read Also:
- PhonePe Demat Account Charges
- Share.Market Account Charges
- How to PhonePe Share Market App Download – [Direct Link]
FAQs of How to Open PhonePe Demat Account Online
Can I open more than one demat and trading account on Share.Market?
No, you can open one account.
Can I use my email address to create more than one demat and trading account?
You can only create one account using one Email ID.
Share.Market account temporarily blocked?
Share.Market login failed. Incorrect passcode or OTP. Please try again in 30 minutes.
Conclusion of How to Open PhonePe Demat Account Online
I hope you guys have understood the above steps as to How to Open PhonePe Demat Account Online. If you have any queries then don’t hesitate to ask me by commenting in the below comment box.