Account Opening
First step for investing in the Indian capital market
DBFS facilitates account opening through its support desks at overseas locations. A Demat-cum-trading account with DBFS enables one to transact in multiple segments and products like equities, ETFs, debt securities, mutual funds and permitted derivative products.
What is a Demat cum Trading Account?
A Demat-cum-trading account with DBFS enables one to transact in multiple segments and products like equities, ETFs, debt securities, mutual fund and permitted derivative products.
Depository services offer secure, efficient, and cost-effective management and transfer of securities, ensuring seamless and convenient investment handling.
- Efficient Transactions
- Dividend & Interest Collection
- Nomination Facility
- Regulatory Compliance
- Convenience
- Transparency
List Of Documents For Opening Demat-Cum-Trading Account By NRI/PIO/OCI
- A demat-cum-trading account with DBFS enables one to transact in multiple segments and products like equities, ETFs, debt securities, mutual funds, and permitted derivative products.
- Self-attested copy of Proof of Status (self-attested copy of Passport)
- Self-attested copy of PIO/OCI Card (in case of PIO/OCI)-Self-attested copy of Overseas Address Proof (Driving License/Foreign Passport/Utility
Bills/Bank Statement (not more than 2 months old)/Notarized copy of rent agreement, etc.) - Self-attested copy of Proof of Bank Account (canceled cheque leaf or copy of account statement)
- PIS permission letter as issued by the PIS bank (for repatriable investment only)
FAQs
Frequently asked questions on Account Opening
Financial planning is creating strategies to manage your money, covering budgeting, saving, investing, and preparing for future financial goals like retirement or education.
Financial planning helps achieve goals, manage risks, and build wealth. It provides financial security, prepares for emergencies, and ensures informed decisions for long-term stability.
Start by assessing your current finances, setting goals, creating a budget, planning savings and investments, and seeking professional advice to tailor your strategy to specific needs.