Online Account Opening
Who all are eligible to open a Trading and Demat account with mastertrust?
Anyone who wishes to trade in securities market can open a Trading and Demat account with mastertrust. *Presently we offer online account opening to resident individuals only.
In which segments can I open an online trading account with mastertrust ?
At mastertrust, we offer an all-in-one Online trading account which offers Trading, Demat, Commodity as well as Mutual Fund account: The segments that you can select are: • Equity • Equity Derivatives • Currency Derivatives • Mutual Funds • Commodity
How long does it take to open an account ?
An Online Demat & Trading Account gets active for trading within 24 hours subject to successful authentication from Depository & Exchange whereas an Offline Account becomes active in 24 hours subject to receipt of complete set of documentation & ...
How much does it cost to open a Trading and Demat account with mastertrust ?
Account Opening is free of cost; however, we offer customized AMC schemes for maintaining your demat account which is determined basis the scheme chosen while opening the account with us.
What if I already have a Demat account with another Depository ?
While opening an Account through online mode (e-KYC process), opening a Demat account is mandatory along with a Trading account. You can map your other Demat account with our Trading account once your account is activated.
Can I open a trading account without opening a DEMAT account ?
No, you cannot open a trading account without opening a DEMAT account with mastertrust through online mode.
How do I open a Trading and Demat Account Online?
Visit our website i.e. www.mastertrust.co.in and click on “Open Demat Account”, choose a plan according to your requirement and click on “Initiate KYC”. On the next page, authenticate your mobile number and email ID through OTP authentication. You’ll ...
What is DDPI and why is it needed?
Demat Debit and Pledge Instruction (DDPI) is a document that allows a broker to debit the securities from the client’s demat account and deliver them to the exchange. SEBI introduced DDPI which limits debiting shares from a client’s account only if ...
Offline Account Opening
Specific types of accounts cannot be opened online as they require offline processing. Unlike regular retail online accounts, these accounts have to processed offline due to requirement of additional verification and legal submissions. Joint Accounts ...
What is In Person Verification (IPV) ?
In-Person Verification (IPV) is a process where the broker verifies the physical existence of the applicant. IPV is not required for Applications processed through online mode (e-KYC) as Digilocker is used for the same. This process requires clicking ...
What documents are required to open an online account with mastertrust ?
For opening an Individual Trading and Demat Account you must have: • Copy of PAN and Aadhar Card (Application will be processed through Aadhar based E-sign) • Signed Cancelled Cheque/bank statement of last quarter having Bank Name, address of the ...