Procedure for account opening
How to open Demat and Trading account online with FE Securities Pvt. Ltd.
An individual demat and trading account can be opened online if the mobile number is linked to the Aadhaar.
As per the regulations, new accounts cannot be opened if the PAN is not linked with Aadhar. Even if Aadhar is successfully linked with PAN, it must still be updated in the IT records, which can take up to 7 working days. To learn more, see How to link PAN with Aadhaar?
To open an account, visit https://kyc.meon.co.in/fesecurities/signup follow the on-screen instructions and complete the e-sign. To open an online account, the following documents are required:
∙ Self-attested copy of the PAN with the signature under Applicant signature. ∙ A scanned copy of the signature. The signature must be with a black or blue ballpoint or ink pen. Markers or sketch pens are not allowed.
∙ Aadhaar card. Ensure a masked Aadhaar is submitted, i.e., black out the first 8 digits of the Aadhaar number. Only the last four digits should be visible. To download a masked Aadhaar online, visit myaadhaar.uidai.gov.in/ and tick the Do you want a masked Aadhaar? option while downloading Aadhaar.
∙ A mobile number linked to the Aadhaar.
∙ A bank proof in the client’s name. The bank proof can be one of the following: A personalised cancelled cheque with the name printed on it, bank statement, bank passbook copy with the bank account number, bank logo, seal, MICR, and IFSC code clearly visible.
∙ An income proof, if a client wants to trade in F&O. The income proof can be one of the following:
∙ Bank statement with the bank logo and seal for the last six months with an average balance of more than ₹10,000.
∙ The latest salary slip with gross monthly income exceeding ₹15,000.
∙ ITR acknowledgement with gross annual income exceeding ₹1,20,000.
∙ Form 16 with gross annual income exceeding ₹1,20,000.
∙ Certificate of net worth more than ₹10,00,000.
∙ Statement of demat holdings with current holdings value exceeding ₹10,000.
How to open Demat and Trading account Offline with FE Securities Pvt. Ltd.
∙ As per the regulations, new accounts cannot be opened if the PAN is not linked with Aadhar. Even if Aadhar is successfully linked with PAN, it must still be updated in the IT records, which can take up to 7 working days.
To open an offline account, the following documents are required:
Application form
∙ Equity trading and demat account form you may download the form by clicking the link (https://www.fesecurities.in/links/).
∙ DDPI, optional (stamp paper). Submitting DDPI is optional.
Supporting Documents
∙ A passport-size photograph to affix and sign across on the equity and Derivatives applications.
∙ Self-attested copy of the PAN with the signature under Applicant signature. ∙ Self-attested address proof. Any one of the following documents: Driving licence, voter ID, passport, Aadhaar card. If Aadhaar is being submitted as proof, ensure that a masked Aadhaar is submitted, i.e., black out the first 8 digits of the Aadhaar number. Only the last four digits should be visible. To download a masked Aadhaar online,
visit myaadhaar.uidai.gov.in/ and tick the Do you want a masked Aadhaar? option while downloading Aadhaar.
∙ A bank account proof in the client’s name. The bank proof can be one of the following: A personalised cancelled cheque with the name printed on it, bank statement, bank passbook copy with the bank account number, bank logo, seal, MICR, and IFSC code clearly visible.
∙ An income proof to trade in F&O. The income proof can be one of the following: ∙ Bank statement for the last six months with an average balance of more than ₹10,000.
∙ The latest salary slip with gross monthly income exceeding ₹15,000.
∙ ITR acknowledgement with gross annual income exceeding ₹1,20,000.
∙ Form 16 with gross annual income exceeding ₹1,20,000.
∙ Certificate of net worth more than ₹10,00,000.
∙ Statement of demat holdings with current holdings value exceeding ₹10,000.
In-person Verification (IPV)
As part of the mandatory In-Person Verification (IPV) requirement for all brokers, Webcam or a physical verification is required. See What is In-Person Verification (IPV), and why is it required?
Need help? Call FE Securities new account opening desk at 011 23350670 / 011 23350670/ 9910334461
Once all the documents are ready, e-mail the soft copy of all the forms to fes@fesecurities.in. The forms will be reviewed in case any corrections are required you will be informed. After the forms are reviewed, courier the documents and a cheque in favour of FE Securities Pvt. Ltd for the following amount:
∙ Individual CDSL Demat Account opening charges ₹250 + GST
∙ Corporate CDSL Demat Account opening charges ₹750 + GST
∙ Trading account opening zero cost
Courier all the documents to: FE SECURITIES PVT LTD 814 Arunachal Building 19 Barakhamba Road
New Delhi-110001