Upstox is india’s stockbroker having more than 3.60 Crores clients. Upstox is india’s leading broker which actively give new Account opening offers to users.

Upstox offers a wide range of trading and investment products, including stocks, mutual funds, derivatives, and commodities. It also offers a variety of trading tools and resources, including a trading platform, research reports, and educational materials.

Upstox is a popular choice for investors of all experience levels. It is known for its low fees, easy-to-use platform, and comprehensive educational resources. Upstox is also one of the most regulated stockbrokers in India, which gives investors peace of mind.

How to Open Upstox Demat Account 2023 New Process

To open a Upstox Demat Account, you can follow these steps:

1. Visit the Upstox website: Go to the official Upstox website (www.upstox.com) using a web browser.
2. Click on “Open an Account“: Look for the “Open an Account” or “Get Started” button on the homepage, and click on it.
3. Choose the Account Type: Select the type of account you want to open, such as an individual account, partnership account, or corporate account. Choose the appropriate option based on your requirements.
4. Fill in Personal Details: You will be directed to a form where you need to provide your personal details. This includes your name, email address, phone number, date of birth, and PAN (Permanent Account Number) details. Fill in the required information accurately.
5. Complete the E-Sign Process: After filling in your personal details, you will be required to complete the e-sign process. This involves providing your Aadhaar number and verifying it through a one-time password (OTP) sent to your registered mobile number. Make sure you have your Aadhaar card and registered mobile number handy for this step.
6. Provide Additional Information: Once the e-sign process is completed, you may be asked to provide additional information, such as your address details and bank account information. Fill in the required information accurately.
7. Upload Documents: Upstox may require you to upload certain documents for verification purposes. These typically include a scanned copy of your PAN card, address proof (such as Aadhaar card, passport, or utility bills), and bank account proof (cancelled cheque or bank statement). Ensure that you have these documents ready in the prescribed format for uploading.
8. Pay Account Opening Fees: Upstox charges a nominal fee for opening a demat account. You will need to pay this fee online using a debit card, credit card, or net banking.
9. Complete In-Person Verification (IPV): After successfully completing the above steps, you will need to go through an in-person verification (IPV) process. This involves a video call with a representative from Upstox, during which you may be asked to show your original documents for verification.
10. Wait for Account Activation: Once you have completed all the necessary steps, your Upstox demat account will be activated. You will receive a confirmation email or SMS with your account details and login credentials.

Please note that the exact process and requirements may vary, and it’s always a good idea to visit the Upstox website or contact their customer support for the most up-to-date and accurate information regarding opening a demat account with Upstox.

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