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Angel One Demat Account Charges, Review, Opening


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Angel One is Mumbai India based stock broker offering trading, investment and advisory services to retail customer. Angel One has a network of over 8,500 branches, sub brokers and franchisees.

Angel offers products and services including Equity Trading, Currency Trading, Commodity Trading, Mutual Funds, IPO, Life Insurance, Depository Services (Demat Account) and NRI Trading Account. Angel also provide services like Portfolio Management Services (PMS) and Investment Advisory.

With over 10 lakh customers and presence in over 900 cities in India, Angel is among the most popular stock broker in India.

Depository services or demat account is one of the key services offered by Angel through a 2-in-1 account. The 2-in-1 account include trading and a demat account.

Demat account holds shares, mutual funds, bonds, etc. electronically, in a very similar manner to where a bank account holds money. The demat account allows customers to buy or sell shares electronically without any paperwork.

Angel is registered as a Depository Participant with Central Depository Services Limited (CDSL).

Angel One Demat Account Schemes

Angel One offers 2 demat account schemes:

  1. Life Time AMC Scheme

    In this scheme, with a one-time upfront payment of Rs 1250, customers can get a lifetime zero AMC demat account.

  2. Investor Scheme

    In this scheme, the customer does pay any upfront money but Rs 300 is charged yearly as Annual Maintenance Charge (AMC).

All other fees remain the same for both plans.

Angel One Demat Account Key Features

  1. Wide network of branches for personalized customer service.
  2. Easy online and offline transfer of shares
  3. Pledging facility to avail loan
  4. Option to freeze the demat account for a certain time, if required, to avoid misuse.
  5. Demat account can be accessed through branches, mobile trading app, desktop trading app, and from Angel One website.
  6. Direct deposit of dividends in a linked bank account.
  7. Bonus issues, right shares, or stock splits are automatically updated in the Demat account
  8. Hold mutual funds in the same demat account.
  9. Facility to convert physical share certificate to demat through branches.

Angel One DP Account - Additional Charges

  1. Rs 11 per debit transaction within Angel. Rs 21 per debit transaction outside Angel.
  2. Rs 25 for pledge creation and pledge closure.
  3. Any extra statement is charged at Rs 25 per statement.

Angel One Demat Account Opening Charges

To open a new Demat account with Angel One, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

ServiceCharges
Demat Account Opening FeeRs 0 (Free)
Demat Account Annual Charges (AMC)Rs 240

Angel One Demat Charges

Angel One trading and demat account opening fees are Rs 0 (Free). Angel One charges Rs 240 per year demat account AMC. Angel One demat debit transaction fee of Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client) per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0 (Free)
2 Transaction Charges (Buy)
3 Transaction Charges (Sell) Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
4 Annual Maintenance Charges (AMC) Rs 240 per year (Rs 20 per month)
5 Demat + Courier charges Rs 50 per certificate
6 Remat Rs 50 + Actual CDSL charges
7 Pledge Creation Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
8 Pledge Creation Confirmation Nil
9 Pledge Invocation Nil
10 Failed Transactions Nil
11 Other Charges Rs 25 per request for additional DIS

Angel One Special Offer

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay flat Rs 20 brokerage for equity delivery, Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Frequently Asked Questions

  1. 1. How to open Angel One demat account online?

    Angel One offers an instant online demat account opening facility. The online account opening takes just 5 minutes. It is for people who have their Aadhar number linked with their current phone number for OTP verification. Other people have to open the account offline by filling, signing and sending the paper account opening form to the Angel office.

    Steps to open Angel One Demat Account

    1. Visit the Angel One website
    2. Fill the name and email address in the account opening form.
    3. Verify OTP.
    4. Enter personal details (Email, DoB and Bank Account Details).
    5. Verify and submit your application.

    You will soon receive the details of your demat account on your registered email ID.

     

     

  2. 2. What is BO ID in Angel One?

    The BO ID in Angel One is the customer's CDSL demat account number. It is a 16 digit number that consists of 8 digits DP ID and 8 digits Client ID. The BOID (demat account number) can be found in demat statements or by login on to the Angel One website's profile section.

    Sample BO ID for Angel One: 1203320001244818

    The first 8 digits (12033200) is the Angel One DP id (same for all customers). The last 8 digits is a unique client ID.

     

     

  3. 3. How to delete Angel One account?

    Angel broking account can be deleted by submitting a signed paper form for account closure to the company. Angel One account cannot be deleted online, on phone or by email.

    Before initiating the account closure process, please do the following for a smooth and quick account closure process:

    • Clear all pending dues including demat AMC.
    • Close all your open positions in Intraday and F&O.
    • Withdraw money held in your trading account.
    • Sell or transfer all the securities from the demat account.

    Steps to delete Angel One Account

    1. Download the Account Closure Form
    2. Take a printout of the form, fill & sign it.
    3. For a joint account, make sure that all account holders sign it.
    4. Submit or Courier the form to your respective Angel One office.

    Once your application is submitted, you will receive a call and email from Angel broking. Make sure to follow-up with Angel until you get a confirmation of account closure.

     

     

  4. 4. Is Angel One NSDL or CDSL?

    Angel One is a Depository participant (DP) of CDSL, one of the two central depositories in India. Its CDSL DP ID is 12033200.

    All demat accounts opened with Angel One are managed by CDSL. Angel One only acts as an intermediary between the customer and the central depository.

     

     

  5. 5. What is my demat account number in Angel One?

    Your demat account number is a unique number consisting of 16 digits assigned by CDSL, one of the two central depositories in India. Angel broking demat account number looks like 1203320012345678.

    The demat account number is a combination of the DP ID and customer ID. The first 8-digits is your DP ID whereas the last 8-digits is your customer ID

    The demat account number has two parts:

    1. First 8 Digits - Angel One CDSL DP ID 12033200
    2. Last 8 Digits - Customer ID

    The first 8 digits remain the same for all Angel One customers. The customer ID is unique to the customer.

    Note:

    • Angel One is a member of CDSL and all demat accounts are opened and managed by CDSL. Angel One works as a servicing agent for demat accounts.
    • The customer ID in demat account number is also known as Beneficiary Owner ID or BO ID.
    • The demat account number is sent along with the welcome kit while opening the account.
    • You can also find your demat account by login into Angel website's 'My Profile' section.

     

     

  6. 6. How to close Angel One demat account online?

    To close your demat account, a customer has to download the Angel One Account Closure Form PDF and print it. Fill the form and sign it. For joint accounts, the signature of all account holders is necessary. Submit or courier the form to your respective branch office.

    You cannot close your Angel One demat account online. The account closure process is completely offline.

    Note:

    • Close all your open F&O positions.
    • Clear all your pending dues.
    • Sell or transfer all the securities held in the demat account.
    • Follow up with the customer care team in case you don't receive any communication from the company on your account closure request.

     

     

  7. 7. How to operate Angel One demat account?

    A demat account is an online repository where securities like shares, Mutual Funds, IPO stocks etc., bought from the stock exchanges are held in the electronic form. A demat account is mandatory to buy shares and mutual funds or trade in F&O.

    A demat account is different from a trading account .

    Once you've opened your Angel One demat account it is linked with your trading and a savings bank account. Securities bought using the linked trading account are credited to your demat account. Whenever you sell any security, it will be debited from your demat account. The entire process happens online and Angel One takes care of it.

    You'll be informed of your demat account transactions through email and SMS.

     

     

  8. 8. What is trade holding in Angel One?

    Trade holding means holding security in your Demat account. The time between the purchase and the sale of this security is called the holding period.

    You can view your trade holdings in Angel One mobile app or web platform under the portfolio option.

     

     

  9. 9. Is Angel One Demat account free?

    Angel One offers free Demat and trading account opening with zero AMC (Account Maintenance Charges) for the first year.

    However, from the second year onwards, the below AMC charges get applicable:

    • AMC for Non-BSDA (Basic Services Demat Account) : Rs. 20 + Tax per month.
    • AMC for BSDA (Basic Services Demat Account): Rs. 100 + Tax per month (if the value of holdings is between 50,000 to 2,00,000)
    • AMC for BSDA (Basic Services Demat Account): Nil (if the value of holdings is less than Rs 50,000)

     

     

  10. 10. How is Angel One Demat account?

    Angel One provides a free Demat account opening with zero maintenance charges for the first year.

    Angel One has depository membership with CDSL through which the company provides depository services to its investors. Like all other brokers, Angel One acts as a facilitator of DP services and thus is safe as the shares lie with the CDSL depository and Angel One has no ownership over them.

    Angel One charges Rs 20 per Debit Transaction in case of a sell trade as DP charges.

     

     

  11. 11. Where is BOID in Angel One?

    The BOID (Beneficial Owner Identification Number) in Angel One is displayed under the profile section of the app or web trading platform. You can also find the BOID in the Demat statement of the customer.

    BOID is a 16 digits number consisting of 8 digits of DP ID and 8 digits of the unique Client ID.

     

     

  12. 12. Where is TPIN in Angel One?

    TPIN is received on the registered email id and mobile number. You can also request a TPIN from your profile on the Angel One app.

    TPIN is used to authorize the sell trades. It is also used to convert your positions from intraday to delivery, modify your sell order, and receive margin benefit on stocks.

    Steps to generate TPIN in Angel One:

    1. Log in to your account and go to the profile section.
    2. Click on the 'Generate TPIN' link that directs you to the CDSL website.
    3. Enter your 16-digit DEMAT account number.
    4. Enter PAN number.
    5. You'll receive an OTP in your registered mobile number.
    6. Enter the OTP to generate your TPIN.

     

     

Angel One Account Opening Enquiry

Flat Rs 20 delivery, intraday and F&O trade brokerage. Free tips. Open Instant Account and start trading today.

Information on this page was last updated on Friday, October 4, 2024

Special Offer: Flat Rs 20 delivery, intraday and F&O trade brokerage. Free tips. Open Instant Account and start trading today.

1 Comments

1. VIRENDRA KUMAR SRIVASTAVA   I Like It. |Report Abuse|  Link|December 29, 2016 3:02:39 PMReply
Dear sir,
i have been transfered 33 share SAINIK FINANCE & INDUSTRIES LTD from physical form to demat a/c . but i am sorry my share not dematlised . what is the reason to dematlised please give me in detail in my mailaddress.