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How to buy shares online in India? January 19 2022Stock Market Trading

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How to buy shares online in India?

You might have heard that stock investment can make you rich easily, but with all the ease, the amount of high risks stays the same. Which is why, you must know the financial needs, wants and risk-taking capacity before investing into stock market. Once the research is ready to implement upon, you need to pick suitable companies to invest and buy the shares. Picking a company comes with anticipated profits and fewer loses instead when you choose for any random shares.

The prospect of investing in stocks may seem daunting to someone who has only read about it in newspapers, heard from friends or watched about it on any TV shows or movies. Despite the fear, there are lakhs of individual Demat and trading accounts opening every year for investing in stocks. It is only because of the high amount of returns that share’s online trading offers to you.

As an investor, there are a wide range of assets that one can invest in such as equity, gold, properties, mutual funds. But, it has been trusted by people that share market offers you more return than any other investments out there.

In present times, being digitally well-versed is essential. While everything is digital, buying shares online has also become easy and convenient.

Here are the steps to buy shares online in India.

1) Get a Pan Card:-

Getting a (Permanent account Number) PAN card is the first step to trade in stock market. You cannot buy shares if you don’t have a PAN card.

As per the norms of government, an individual needs to furnish his/her PAN to execute financial transactions in India.

Which is why, you must apply for a PAN Card if you don’t have one.

2) Open Demat and trading accounts:-

These are the accounts that you will mandatorily require to buy stocks online. The Demat account assists to hold all the securities you possess in a particular form, while the trading account facilitates buying and selling of stocks. Store the unique Demat and trading account numbers, which you will need to quote while buying equity shares online.

3) Select a Stock Broker:-

You can invest in stocks only through SEBI registered brokers and investment platforms. These intermediaries levy a brokerage charge to facilitate the service. It is either a flat fee or it’s charged on percentage basis of the total transaction value.

Also consider the range of securities alongside stocks a broker offers before registering a value.

4) Link Bank account with trading account:-

When you place an order to buy stocks through the trading account, the payment for it is processed via your bank account. Hence, it is advised to link all three accounts- Demat, trading and savings.

5) Acquire UID:-

You will need to get a Unique Identification Number (UID) if your transaction value exceeds RS. 1 lakh. SEBI mandates this for all the market participants, including investors.

Once you’ve fulfilled all the necessary proceedings, you’re all set to buy shares online.

Thus, for purchasing shares online, you have to follow the SEBI mandated rules. You must also remember to choose a trusted financial partner for trading in stock markets.

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Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Shivkumar P. Email: compliance@indiratrade.com. Call : 0731-4797275

Investors Grievance Email : complaint@indiratrade.com