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Espresso Sharekhan Account Opening Guide

Espresso Sharekhan (2.9)

Discount Broker Depository: NSDL

Espresso is a company established by Sharekhan in September 2020 that focuses on providing discount broking services.

Espresso Sharekhan Demat Account Opening Process Step by Step.

How to open a Demat Account online:

A request to open a Demat Account with any DP can be applied for online as well.

  • Click on the above tab ‘Open Demat Account and submit the following details,
  • Name,
  • Email address,
  • Mobile Number,
  • Enter a one-time password (OTP) that you will receive,
  • City,
  • You will receive communication from the DP to get in touch with you for completing the above-mentioned formalities and opening a Demat Account.

    Full details will be updated soon.

Espresso Sharekhan Demat Account Opening - Documents Required.

Documents List

- A scanned copy of your PAN card,
- A scanned copy of Aadhar Card,
- Cancelled Cheque/Bank statement to link your bank account,
- A scanned copy of your signatures - Income Proof (Only required if you wish to trade in Futures & Options).

Additional terms and conditions

- You must have an active mobile number linked with your Aadhaar card. This is to complete the eSign process which requires OTP verification. 
- Make sure that the bank statement you are uploading has your Name and Account number, IFSC and MICR code printed on it. If these are not clearly visible, then your application may be rejected.
- The cheque must have your name clearly inscribed on it along with IFSC Code and bank account number.
- Signature should be done with a pen on blank paper and should be clearly visible. Use of pencils, sketch pens or markers will get your application rejected.
- You can submit any of the following documents as income proof:
Form-16,
Latest 6-month Bank statement,
Latest salary slip,
Networth certificate from a CA,
Income Tax Return Acknowledgment.