Open Your Paytm Money Demat Account in Just Minutes!3 min read
Opening a Demat cum trading account has never been easier! With Paytm Money’s revamped and fully automated onboarding process, you can now set up your account in a matter of minutes, all from the comfort of your home. No paperwork, no long waits—just a few simple steps and you’re all set to start your investing journey. Let’s break it down for you:
Step-by-Step Guide to Opening a Demat & Trading Account with Paytm Money
At Paytm Money, we’ve streamlined the process of opening a Demat and Trading account. Here’s how you can complete the registration process in just a few minutes:
Step 1: Log In to Your Paytm Money App Log in to your Paytm Money app to begin the account opening process.
Step 2: Mobile Number & Email Verification Quickly verify your mobile number via OTP and authenticate your email using a single sign-on (SSO) with Google—just one click, and you’re done!
Step 3: Enter Your Name Fill in your name as per your official documents.
Step 4: PAN Verification Enter your PAN number to verify your identity. This step is essential to ensure you’re registered with the correct tax details.
Step 5: KYC Details Complete your KYC by providing details about your occupation, income, marital status, and investing experience. Verify that all information is accurate, then click ‘Next.’
Step 6: Upload Your Signature Your signature is mandatory to open your Demat account. You can either draw it directly on your screen or upload a scanned image. Make sure it’s legible and clear. You can also retake the photo if needed. Once satisfied, click ‘Looks Good’ to proceed.
Step 7: Add Bank Details Seamlessly add your bank using our Reverse Penny Drop Flow. Simply choose your PSP app and complete a 1 Rs transaction to validate your bank details. The deducted amount will be credited back within 24 hours. Alternatively, you can manually enter your bank details or upload a bank proof (like a canceled cheque).
Step 8: Digilocker Aadhaar Authentication Validate your KYC using Digilocker, which automatically fetches and updates your Aadhaar details, including your address and father’s name.
Step 9: Selfie Capture Take a selfie for Aadhaar-based face matching to verify your identity.
Step 10: Income Proof & Segment Activation If you’re opting for F&O trading, upload your income proof. You can either fetch your bank statement using our Account Aggregator flow or manually upload the document.
Step 11: Add a Nominee (Optional) You can choose to add a nominee for your account now or skip this step to add one later.
Step 12: Aadhaar e-Sign To finalize your account opening, e-sign your Account Opening Form (AOF) using your Aadhaar number. You’ll receive an OTP on your registered mobile number to complete the process. Once done, the AOF will be emailed to you.
Step 13: Success Screen After successfully signing, you will see a success screen confirming your registration, along with the activation status of the individual segments of your account.
Benefits of the Process:
- Completely paperless and online: No manual uploads required.
- Quick and seamless: Finish the entire process in just a few minutes.
- Secure: UPI-based verification and Aadhaar-based e-sign ensure a safe onboarding process.
- No break journey: Complete all steps without interruption.
With Paytm Money’s fully automated system, your Demat and Trading account can be opened quickly and easily, allowing you to dive into the world of investing without delay!
Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing..This content is purely for information purpose only and in no way to be considered as an advice or recommendation. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707). Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details, please visit https://www.paytmmoney.com
