What is the process to open trading account?
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The process to open trading account is very easy and is explained in the following steps:
Provide your Aadhaar-linked mobile phone number for OTP verification
Please read through the terms and conditions before proceeding.
Choose your preferred language to start the eKYC and account opening process.
(Optional) You may also setup the MIRA voice assistant now or at a later time.
(Optional) You may choose to mute the MIRA voice assistant via the mute button during the entire process.
Once your preferred language is set, press the continue button.
Please verify your email ID to receive a 3-digit OTP for verification. This email ID will be used for further communication between m.Stock and you.
Provide your PAN Card number (mandated as per SEBI guidelines).
Enter your date of birth to authorize m.Stock to fetch/update your KYC details and open your demat and trading account.
Capture a selfie from your camera, preferably in front of a plain wall without any photo filters or glasses. Remember to face the camera directly and follow the instructions provided by MIRA.
Provide a signature within the box provided. Remember that it needs to match the signature on your PAN card.
Link your bank account to your trading account. Provide the IFSC code, bank account number and hit the verify button.
Fillin in your personal details, and provide information about your occupation, and trading experience.
(Optional) Provide nominee details now or at a later stage.
(Optional) Congratulations! You can now trade equities on m.Stock. However, trading in derivatives requires filling in one additional document, which you can choose to do now or at a later stage.
Complete your application by e-signing your application via Aadhaar OTP or Emudra PAN service. Alternatively, download your completed form, sign it and courier it to the registered address provided below: