How to open a Demat account with FYERS via WhatsApp?
If you want to open a Demat account with FYERS quickly via WhatsApp, the procedure is as below:
- Send a 'Hi' message to the FYERS official WhatsApp number: 9731162865 or click here to start and give your consent to proceed with the account opening process. Keep soft copies of your PAN card, Aadhaar card, and bank statement handy.
- Click on 'Yes' to proceed with the same mobile number or 'No' to change the number.
- Enter the OTP that you receive on your registered mobile number and click on 'Open Account'.
- Enter your email address and verify it by clicking on the link that you receive in your inbox.
- Upload your PAN card and enter your date of birth, father’s name, mother’s name, marital status and gender.
- Upload your Aadhaar card as proof of address.
- Enter your bank account number, IFSC code and account type. Verify your bank account details by checking the small amount that is credited to your account or by uploading your bank statement in PDF format.
- All the segments will be selected by default. Upload your latest 6 months bank statement in PDF format as proof of income to activate the derivative segments.
- Enter the additional details such as your occupation, income range and agree to the terms and conditions.
- Upload an image of your signature on a blank piece of paper.
- Complete IPV on the FYERS website by clicking on the link that you receive and following the instructions.
That’s it! You have successfully completed the account opening process via WhatsApp. You will receive a confirmation message from FYERS once your account is activated.
Related Articles
Can I open Demat account online at FYERS?
Yes! If you are new to FYERS and want to open a Trading+Demat account, you can open an account online here. The Demat account opening process for existing clients is also completely online. For more details, read this article. For new clients, ...
As an existing client with a Trading Account, How to open a FYERS Demat Account?
Earlier, the procedure to open a Demat for the existing trading account holders was offline. However, as per the feedback received from the community, we've simplified the procedure by making it completely online through the e-signing process. You ...
Can I open a basic services demat account (BSDA) with FYERS?
A Basic Services Demat Account (BSDA) was started by SEBI to promote financial inclusion by encouraging small investors to familiarize themselves with Demat accounts without any Annual Maintenance Charges (AMC). Generally, BSDA can be opened only if ...
Is it mandatory to open a Demat account?
FYERS Demat account is mandatory for all the new clients. Therefore, if you wish to trade or invest in equities or ETFs you will be required a Demat account with FYERS to hold these securities. A Demat account will enable you to trade in the ...
What is the procedure to open a Demat account?
If you already have a trading account with us, kindly follow the instructions given in this article. If you are new to FYERS, you can open an account here. Please note that the Demat Account does not require POA authorization and you can Buy/Sell ...