Yes, you can open a corporate Demat account with Angel One for companies or LLPs. The account allows efficient holding and trading of securities under the company’s name, managed by authorised signatories.
Can a company or LLP open a Demat account with Angel One?
Yes, Angel One allows corporate entities like Pvt Ltd, LLP, public companies, trusts, HUFs, banks, and FIs to open Demat accounts. These accounts are opened under the company’s name and controlled by authorised signatories.
What documents are required for corporate Demat account?
You need the company’s PAN card, certificate of incorporation, MOA/AOA or LLP agreement, board resolution authorising account opening, and KYC of all authorised signatories. Proof of registered office, directors’ PAN & Aadhaar, cancelled cheque of company bank account, and passport-size photos are also needed.
What is the process to open a corporate Demat account?
1. Download the corporate account opening form from Angel One.
2. Fill it with company details, authorised signatories, and board resolution.
3. Attach all required documents and KYC proofs.
4. Submit signed physical form with documents to Angel One branch.
5. Angel One verifies documents and does in-person verification.
6. Once approved, your corporate Demat account is activated and you can hold securities under the company name.
Who can operate the corporate Demat account?
The account is operated by authorised signatories named in the board resolution. Each transaction requires signature or digital signature by these authorised persons. Angel One ensures only approved individuals can do trades, transfers, or corporate actions.
What can the corporate Demat account be used for?
Corporate Demat accounts can hold shares, bonds, mutual funds, ETFs, IPO allotments, rights issues, and bonus shares under the company’s name. It helps streamline treasury, investment, and financial activities of the organisation.
What are the charges for corporate Demat account?
The account opening fee is approx ₹500 + GST. Annual maintenance charge is ₹900/year or ₹3,500 lifetime. Charges for corporate actions, delivery, or transfers may apply as per Angel One’s schedule.
What are the key benefits of a corporate Demat account?
A corporate Demat account gives ready access to capital market investments. It helps track investments, manage treasury, receive corporate action benefits automatically, and increases transparency in financial statements. It’s ideal for companies holding investments under one roof.
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