Knowledge Base

Demat account opening process with RKSV


in Opening an Account with RKSV
Tags: demat

In order to trade equities, you will need a Demat account.

If you already have a Demat account with an existing broker and you trade in equities ONLY intraday, you can link it to your trading account with RKSV (as explained in our Account Opening Procedure article).

If you do not have a demat account or if you trade delivery based then we recommend you to open new demat with RKSV, as buying & selling of shares will be done smoothly.

What is the Demat account opening process?

We have tried to streamline the process so that you can quickly and efficiently open a Demat account with us. All you need to do is follow the following steps.

  1. The first thing to is to inform RKSV that you require a Demat account to trade in  equities (intraday and/or delivery).
  2. We will email you the form, or alternately you can also print the same from our website.
  3. You have to take printout and manually fill all the necessary details. Along with the form, you need to send us the supporting documents ( all should be self Attested ) with Rs. 300/- cheque in favour of ‘RKSV Securities India Pvt. Ltd.’
  4. Once we receive the documents, you have to undergo In person verification,  once IPV get completes, Demat Account will opened at the earliest.

Are there any fees involved with opening a Demat account with RKSV

RKSV does not charge any fees for opening an account nor does it charge any AMC for maintaining the account.