SBI Demat Account

For opening a SBI demat accout, you need to have pan card, as it has become extremely important and necessary to open a demat account and for subsequently investing in Mutual Funds as well.

Hence it is advisable if you want to invest your money in shares and opening the SBI demat accout too, then you need to apply for pan card, because it is one of the vital things which you need to possess. Thereafter, along with your identity, address proof as well as recent passport size photograph which you will need too.

Once you possess the pan card, then you need to make the choice about where to open demat account. This feature is quite similar as you open your bank account in various banks, along the same lines, you can make your own choice from various depositories as well. You can search for more information through various sites where you will get updated and authentic information which will ease you with a lot of information.

The document which is needed for opening of the SBI demat accout is the copy of your pan card and it is important that you carry the original copy and along with it, you need to carry the proof of address as well. While you are in the process of opening your SBI demat accout, if you want to view your holding online, you need to take along the passbook with you too so that you don’t need to face any problem there.