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Got Questions? No Problem
A Demat Account (short for "Dematerialized Account") is an electronic facility to hold and manage your financial securities, such as stocks and bonds. It eliminates the need for physical certificates, ensuring safer and more efficient trading and investing. You need a Demat Account to participate in the stock market, whether you want to buy shares, apply for IPOs, or hold other financial securities.
A Demat Account acts as a digital locker for storing your financial securities in electronic form. On the other hand, a Trading Account is used to place buy or sell orders for these securities in the stock market. Think of the Demat Account as your secure storage space and the Trading Account as your gateway to access the market.
Any individual over the age of 18, can open a Demat Account on Sahi.
To open a Demat Account with Sahi, you'll need the following: 1. Aadhaar Card 2. Pan Card 3. Bank Details 4. Income Proof
Opening a Demat Account with Sahi is quick and effortless. Follow these steps: 1. Download the Sahi App from playstore or Appstore 2. Sign Up: Provide your mobile number and email ID for verification 3. Upload Documents: Submit the required documents digitally 4. E-Sign: Complete the process with Aadhaar-based E-sign Once approved, your Demat Account details will be shared with you, and you can start trading right away!
Buying and selling shares with Sahi is super simple: 1. Log in to your Sahi account 2. Add funds to your trading account 3. Select the stock or security you want to transact in 4. Enter the quantity and price 5. Place your Buy or Sell order Your shares are safely stored in your Demat Account post-settlement (T+1).
Yes, your securities are safe with Sahi via CDSL. As a SEBI-registered broker and a trusted Depository Participant (DP), we adhere to stringent safety protocols to ensure the security and integrity of your investments.
With our completely digital process, you can open a Demat Account in under 10 minutes.
Yes, having a Demat Account is mandatory for stock market transactions, including IPO applications.