Can I open a Demat account with Angel One using my Aadhaar number?

By PriyaSahu

Yes, you can open a Demat account with Angel One using your Aadhaar number. Angel One offers an easy, paperless process to open a Demat account through eKYC (Electronic Know Your Customer), which uses your Aadhaar number for verification. This method simplifies the registration process and ensures quick verification, making it convenient for you to get started with your investment journey. All you need is a valid Aadhaar card and other basic details like PAN card, photograph, and bank account details.



What is eKYC for Demat Account?

eKYC is a paperless process that allows you to complete your Know Your Customer (KYC) verification online using your Aadhaar number. By linking your Aadhaar with your Demat account application, the verification is done instantly, which saves time and reduces paperwork.



Documents Required to Open a Demat Account with Aadhaar

To open a Demat account with Angel One using Aadhaar, you need to have the following documents:

  • Valid Aadhaar card (linked to your mobile number)
  • PAN card for tax-related purposes
  • A recent passport-sized photograph
  • Bank account details, such as a cancelled cheque for verification
These documents are essential to complete the eKYC process smoothly and ensure that your account is activated quickly.



How Does Aadhaar Help in Demat Account Opening?

Your Aadhaar number plays a key role in simplifying the Demat account opening process. By linking Aadhaar to your account, the eKYC process becomes faster and more secure. Aadhaar helps verify your identity and address, making the entire process paperless and hassle-free. This is a great option for those who want to skip the lengthy documentation process and get started with their investment journey quickly.



Advantages of Using Aadhaar for Demat Account Opening

Using Aadhaar for opening a Demat account offers several advantages:

  • Instant verification through eKYC
  • Paperless and hassle-free process
  • Faster account activation
  • Secure and verified identity
This process saves you time, making it ideal for people who want to quickly get started with trading and investing without any complications.



How Long Does It Take to Open a Demat Account Using Aadhaar?

Opening a Demat account with Aadhaar through eKYC is a fast process. It usually takes around 1-2 business days for verification and account activation, provided that all your documents are correct and valid. This is much quicker than the traditional method, which may require physical verification and paperwork submission.



Contact Angel One Support at 7748000080 or 7771000860 for Demat account opening or trading queries.

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