Before you open Demat Account and Trading Accounts remember these points.(especially for young Traders who doesn't hold any knowledge with financial products. )
- Some youngsters would not be having a proper signature to be repeated. so they should Practice perfect Signature. While applying for Demat Account you need to sign nearly 40 to 50 Signatures. This signature will be used for future verifications if needed. If signature mismatch happens then investor has to face problems.
- Your Demat account number and Trading ID and all passwords would be sent to the address available on your address proof. No kit would be given in hand so please give the proof of your current residence. If you can handle it, then no problem. There would be no inquiry about your current residence.
- Be careful when you are giving cheque to Particular Company's Representative. Don't ever give blank cheque to anybody. Always write the Name of the Company and the amount. to be paid. Don't leave any gaps while writing the amount, before the amount in the words and also in figures in the Amount field.
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