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Open Mirae Asset Sharekhan Account (Mirae Asset Sharekhan Account Opening Process, Documents and Charges)

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Mirae Asset Sharekhan Account Opening Charges 2025

Mirae Asset Sharekhan account opening charges are Rs 0 (Free) for a trading account and Rs 0 (Free) for Demat account. Mirae Asset Sharekhan charge Rs 400 (Free for 1st year) AMC for Demat account.

TransactionCharges
Trading Account Opening ChargesRs 0 (Free)
Account AMC ChargesRs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)
Demat AMC (Yearly)Rs 400 (Free for 1st year)

Designed for investors and traders who are serious about entering the markets, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service broker that is also one of the pioneers of online trading and investing in India. Through its in-house research team, dedicated relationship managers, cutting-edge platforms, and other personalized products and services, it helps investors and traders who are committed to market analysis and research achieve their financial goals.

Mirae Asset Sharekhan Core Offerings

Through its full-service model of in-house expert research, products and personalized services, Mirae Asset Sharekhan provides advice and guidance to traders and investors in the form of research-backed recommendations and other research services.

Its primary offering is the 2-in-1 account (Trading + Demat Account). The Demat Account is not mandatory with Mirae Asset Sharekhan for investors who trade only in the derivatives segment (F&O).

The 2-in-1 Account also comes in the below two types:

1. Classic Account:

This signature account allows an investor to buy and sell stocks online and also avail multiple watch lists, integrated Banking, demat and digital contracts, real-time portfolio tracking and other features such as:

  1. Online trading account for investing in Equities and Derivatives
  2. Free trading through Phone (Dial-n-Trade):
    1. 2 dedicated numbers to placing orders through mobile phone telephone.
    2. Automatic fund transfer with phone banking (for Citibank and HDFC Bank customers).
    3. Simple and Secure Interactive Voice Response basedsystem for authentication.
    4. Trusted advice and guidance from tele-brokers.
    5. After-hours order placement facility between 8.00 am and 9.30 am
  3. Integration of: Online trading + Bank + Demat Account
  4. Instant cash transfer facility against purchase & sale of shares
  5. IPO investments
  6. Instant order and trade confirmations by Email.
  7. Single-screen interface for Cash and Derivatives

2. TradeTiger Account

This is a fully online and executable application for active traders who trade frequently during the day's trading session. The following are some popular features of the TradeTiger account:

  1. A single platform for multiple exchanges BSE & NSE (Cash & F&O), MCX, NCDEX.
  2. Multiple Market Watch available on Single Screen.
  3. Hotkeys are similar to a traditional broker terminal.
  4. Tie-up with 12 banks for online transfer of funds.
  5. Different tools are available to gauge the market such as Tick Query, Ticker, Market Summary, Action Watch, Option Premium Calculator, and Span Calculator.
  6. Graph Studies are available including Average, Band- Bollinger, Know Sure Thing, MACD, RSI, etc.

Mirae Asset Sharekhan also has a few attractive prepaid trading plans for high-volume customers which reduces brokerage fees significantly as you trade more.

Mirae Asset Sharekhan Account Opening

You need a trading account with Mirae Asset Sharekhan to trade in equity, commodities or currencies. If you are planning to invest in Equity (hold the shares you are buying for a few days or months), then you also have to open a Mirae Asset Sharekhan Demat account.

Account opening with Mirae Asset Sharekhan is a reasonably simple process. There is also a pan-India network of branches, sub-brokers and franchisees to cater to the neighbourhood of most of the prospectus customers in India.

Open an Account in Mirae Asset Sharekhan -

To open an account in Mirae Asset Sharekhan, an investor or trader can follow the following ways:

1. Request a Call Back - Online

Visit the Mirae Asset Sharekhan website and click on the 'Open an Account' button. On the right side of the page, provide your contact information. The Mirae Asset Sharekhan Sales advisor will contact you within a few hours and arrange a personal visit of a local sales representative to your home or office. You could also ask for a detailed demo of Mirae Asset Sharekhan offerings and trading platform.

2. Visit Local Branch or Sub-broker Office

Find the local branch or office of a Mirae Asset Sharekhan sub-broker and contact them through a call. They will arrange a personal visit to help you open an account. They will also provide a detailed demo of the products they offer.

3. Online Account Opening

Mirae Asset Sharekhan allows you to open a Trading and Demat account online in just 15 minutes.

All you have to do is follow the below-mentioned 3 easy steps to open a Demat and Trading Account with Mirae Asset Sharekhan:

  1. Open the Mirae Asset Sharekhan website.
  2. Click on Open Demat Account.
  3. Enter your mobile number and click on Start/Resume Application.
  4. Enter the OTP received on your mobile number and click continue.
  5. Enter your Name, your city, and email address.
  6. Fill in your basic personal details.
  7. Upload a few KYC documents (like PAN, Aadhaar, cancelled cheque).
  8. The Demat & Trading account is activated post verification.

Mirae Asset Sharekhan Account Opening Specials

Mirae Asset Sharekhan has a special offer for Chittorgarh.com visitors using which you can open an Online Trading + Demat Account for FREE (zero account opening charges).

Mirae Asset Sharekhan also adjusts the AMC charges against brokerage which reduces the cost further.

Mirae Asset Sharekhan Account Opening Status

To check the account opening status, please call your sales representative who helped you with filling out the form or visit the local Mirae Asset Sharekhan branch.

Mirae Asset Sharekhan Account Opening Forms

Mirae Asset Sharekhan demat account opening form pdfs are not available online. Please contact the sales advisor of Mirae Asset Sharekhan or visit the local branch to get the account opening forms.

Mirae Asset Sharekhan Account Closure Procedure

Mirae Asset Sharekhan customers pay an annual maintenance fee of Rs 400 + taxes each year. If you no longer need the account or moved to another broker, it is recommended to avoid these charges by closing the Mirae Asset Sharekhan account.

Please Note:

  • The AMC amount keeps getting accumulated every year with additional interest charged on it if you do not pay.
  • Mirae Asset Sharekhan doesn't accept or process your demat account closure request until all dues are clear.
  • Phone calls or email are not entertained for account closure. A personal visit to the Mirae Asset Sharekhan office is required in almost all cases.

To close an account with Mirae Asset Sharekhan, the customer has to visit the nearby Mirae Asset Sharekhan branch, clear all dues, return all unused offline demat transaction slips and fill out the account closure form. Make sure to keep a copy of your account closure request as 100's of customers every year complain that they have submitted the request but continue getting charged AMC as an account years after.

It takes 7 working days for Mirae Asset Sharekhan to process the account closure request. Customers receive a confirmation letter within 15 days.

The customer needs to get a confirmation of the account closure to avoid surprises later. If you do not receive any information in 15 days, contact the local branch where you submitted the closure request.

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Frequently Asked Questions

There are 2 easy ways to open an account with Sharekhan

  1. Request callback from Sharekhan representative for account opening.
  2. Visit Local Branch or request a call back and their sales representative will call you in few hours.

Sharekhan offer 4 types of accounts to suite customers need:

  • First Step (for Beginners)
  • Classic (for Investors)
  • Trade Tight (for Active Traders)
  • Advisoty (for HNI's)

No, Sharekhan doesn't allow to have multiple trading accounts with the same.

But you could open a trading account with a different stockbroker with the same name.

For Example;

  1. Sanjiv Singh (PAN # AHAPK1900J) cannot have 2 trading or demat accounts with Sharekhan.
  2. Sanjiv Singh (PAN # AHAPK1900J) can have a trading and demat account with Sharkhan and another trading and demat account with ICICI Direct.

Sharekhan offers 2-in-1 account which includes a demat and a trading account. To open a demat account and trading with Sharekhan, leave your phone number and one of their sales representative will contact you. They will also arrange a brief demo on your request.

Yes, customer can have as many demat account as they want with Sharekhan. But note that only 1 trading account is allowed to an individual.

Sharekhan is among the most trusted mutual fund providers in India. They assign a personal relationship manager providing investment advice and tips to the individual clients.

Here are a few things that make Sharekhan mutual fund a good platform-

  • It doesn't charge any brokerage, entry load and commission.
  • Quick invest section helps to search the best mutual funds with various screening criteria.
  • Fund selector to make selection easy, convenient and super fast.
  • Superfund screener with more than 3 filters for smart fund selection
  • Investors can open an instant paperless Sharekhan Mutual Fund Account and start investing instantly.
  • Sharekhan provides Robo advisor, NEO tool to offer the best fund advice to meet financial goals
  • It provides in-depth research analysis to help you create better investment strategies.
  • Sharekhan doesn't charge additionally on SIP transactions as compared to banks and other distributors.
  • Investors get timely recommendations on their investment portfolio based on the risk profile.
  • Customers can visit 157 branches and 2450+ network partners for investment advisory.
  • It offers dedicated online customer support to promptly solve your investment-related problems.
  • It has Sharekhan Classroom which is an online resource to learn the basics of investing in mutual funds.

On the other side, they do not offer Direct Mutual Funds unlike discount brokers Zerodha and 5paisa. Direct Mutual Funds give additional benefits to investors (around 2% yearly) as the Mutual Fund AMC doesn't have to pay commission to the agents like Sharekhan.

The Sharekhan demat account involves brokerage fees, transaction fees and maintenance fees. So it's wise to close inactive demat account. Closing a demat account is a very simple process. It involves visiting the DP office or branch and submission of the form and supporting documents.

For closing the Demat account, you need to fill up an Account closure request form. You can download it on your DP's website or from your broker website. There are a few conditions which need to be fulfilled:

  1. There should not be any security in your demat account, else transfer them before submitting closure request.
  2. All account holders must sign the request letter.
  3. Any negative cash balance of your account, non-payment of the previous account, maintenance charges needs to be cleared.
  4. Also, you need to submit back your unused delivery Instruction booklet slips.

Once submitted, mostly it takes 2 to 3 days for the account to be closed. There are no charges for account closure.

Mirae Asset Sharekhan is among the oldest and most popular stock brokers. It offers a wide range of trading and investment products to retail investors. To trade or invest with Mirae Asset Sharekhan, you have to open an account with Mirae Asset Sharekhan.

Mirae Asset Sharekhan Trading Account

It is a 2-in-1 account (trading + demat account) that can be used for online and offline trading. All customers need to link their savings bank account with the 2-in-1 account. This account offers trading in equity, commodity and currency IPOs, Mutual Funds and Portfolio Management Services (PMS).

The Mirae Asset Sharekhan trading account gives traders access to various stock exchanges and places orders in securities of their choice. The Demat account is an online repository that holds all the securities bought through the trading account. Mirae Asset Sharekhan is a depository participant with NSDL and CDSL.

Mirae Asset Sharekhan Account Types

Mirae Asset Sharekhan offers a variety of accounts to its customers. Each account is meant for a certain trader type- beginner or experienced. The popular Sharekhan account includes:

To open an account in Mirae Asset Sharekhan, an investor or trader can follow the following ways:

  1. Request a Call Back - Online

Visit the Mirae Asset Sharekhan website and click on the 'Open an Account' button. On the right side of the page, provide your contact information. The Mirae Asset Sharekhan Sales advisor will contact you within a few hours and arrange a personal visit of a local sales representative to your home or office. You could also ask for a detailed demo of Mirae Asset Sharekhan offerings and trading platform.

  1. Visit Local Branch or Sub-broker Office

Find the local branch or office of a Mirae Asset Sharekhan sub-broker and contact them through a call. They will arrange a personal visit to help you open an account. They will also provide a detailed demo of the products they offer.

  1. Online Account Opening:

Mirae Asset Sharekhan allows you to open a Trading and Demat account online in just 15 minutes.

All you have to do is follow the below-mentioned 3 easy steps to open a Demat and Trading Account with Mirae Asset Sharekhan:

  1. Open the Mirae Asset Sharekhan website.
  2. Click on Open Demat Account.
  3. Enter your mobile number and click on Start/Resume Application.
  4. Enter the OTP received on your mobile number and click continue.
  5. Enter your Name, city, and email address.
  6. Fill in your basic personal details.
  7. Upload a few KYC documents (like PAN, Aadhaar, cancelled cheque).
  8. The Demat & Trading account is activated post verification.

You could open a Mirae Asset Sharekhan account in 2 ways:

  1. Request a Call Back Online

    Click here to fill a callback request form. You will receive a call from Mirae Asset Sharekhan in a few minutes. The customer representative will answer all your questions and help you with account opening.

  2. Visit Local Branch or Partner Office

    Mirae Asset Sharekhan has local branch offices or sub-brokers in many cities across India.

    • Go to https://stockbroker-branch.sharekhan.com/
    • Enter state, city and locality
    • Click on the Mirae Asset Sharekhan icon nearest to your location and get details on branch office/sub-broker
    • Call them and express interest in opening an account
    • A representative will visit you to complete the formalities.

A login ID is an alphanumeric (a combination of characters and numbers) word which you need to enter along with the password to login to your Mirae Asset Sharekhan account. The login is provided in the welcome kit sent while opening the account.

Alternatively, you can use the email ID registered with the company in place of login ID.

Steps to get Login ID

  1. Open sharekhan.com website in a web browser.
  2. Click the Login/Trade button in the top right.
  3. Click on the Forgot ID link
  4. Check on login ID
  5. Enter your Mobile number or Email.
  6. Validate the captcha code
  7. Click the SUBMIT

Mirae Asset Sharekhan customers can get the login ID or change their password by submitting an online request.

Steps to change Sharekhan password

  1. Log in to the Sharekhan.com website or mobile app.
  2. Click 'Change Trading Password' in the My Profile section.
  3. Enter the required details like the new password and click Submit
  4. Re-login with the new password

In the Mirae Asset Sharekhan website or mobile app, if you enter an incorrect password 3 consecutive times, your account will get locked. You can unlock your account by sending an email to myaccount@sharekhan.com from your registered email address requesting to unlock the account. Your account will be unlocked which you can access by entering the correct password.

In case you have forgotten your ID or trading password, you can change it online on the Mirae Asset Sharekhan website or mobile trading app using the following steps:

Step to get forgotten Mirae Asset Sharekhan User ID

  1. Open the website in a web browser.
  2. Click the Login/Trade button in the top right.
  3. Click on the Forgot ID link
  4. Check on login ID
  5. Enter your Mobile number or Email.
  6. Validate the captcha code
  7. Click the SUBMIT

Steps to reset Mirae Asset Sharekhan password

  1. Log in to the website platform or mobile app.
  2. Click 'Change Trading Password' in the My Profile section.
  3. Enter the required details like the new password and click Submit
  4. Re-login with the new password

Mirae Asset Sharekhan account can be deactivated or closed by visiting the local branch office or by sending a signed paper form to the Mirae Asset Sharekhan office. Note that the Sharekhan account cannot be closed online, over the phone, by online chat or by sending an email.

Sharekhan has branch and franchise offices in most of the cities across India. You can find the location of a Sharekhan office in your city from the 'Contact Us' section on the Sharekhan website.

Steps to deactivate Sharekhan account Offline

  1. Contact your RM or visit the local branch office.
  2. Request for an account closure form.
  3. Fill out the form and sign it.
  4. Attach all the unused DIS slips.
  5. Submit the form in the office or courier it to the address mentioned in the form.

Note:

  • For a joint account, all account holders must sign in the form.
  • It takes up to 7 working days to process the application. You will receive a confirmation letter within 15 days. In case you don't get the confirmation letter in 2 weeks then follow up with customer support.

If you have lost or forgotten your Mirae Asset Sharekhan login id, you can get it delivered on your mobile or email ID at any time by submitting an online request.

Steps to recover Mirae Asset Sharekhan Login ID

  1. Visit the Mirae Asset Sharekhan website.
  2. Click the Login/Trade button in the top right.
  3. Click on the Forgot ID
  4. Check on Login ID.
  5. Enter your Mobile number or Email.
  6. Validate the Captcha Code.
  7. Click the SUBMIT

The login will be sent to your mobile or email as per your choice.

If you are new to Mirae Asset Sharekhan and would like to open a commodity account, please follow one of the steps below:

  1. Request a Call Back Online
    • Click here to fill a callback request form.
    • You will receive a call from Mirae Asset Sharekhan in a few minutes.
    • The customer representative will answer all your questions and help you with account opening.
  2. Visit Local Branch or Partner Office

    Mirae Asset Sharekhan has local branch offices or sub-brokers in many cities across India.

    • Go to https://stockbroker-branch.sharekhan.com/
    • Enter state, city and locality
    • Click on the Sharekhan icon nearest to your location and get details on branch office/sub-broker
    • Call them and express interest in opening an account
    • A representative will visit you to complete the formalities.

If you already have a Mirae Asset Sharekhan trading account, you just need to activate trading in the commodity. Contact Mirae Asset Sharekhan customer care on-call or by visiting the branch. They will help you enable MCX trading.

There are 2 easy ways to open an account with Mirae Asset Sharekhan.

  1. Request a callback from Mirae Asset Sharekhan representative for account opening.
  2. Visit Local Branch or request a call back and their sales representative will call you in few hours.

To open a Mirae Asset Sharekhan Demat account online, you need to follow the steps below:

  • Visit the Mirae Asset Sharekhan website.
  • On the website's dashboard, go to "Open an Account." This is located in the upper right corner.
  • In the pop-up window on the screen, choose how you want to open the account, either 100% digitally or by visiting you at home or work.
  • If you choose the "visit" option, you must provide your name, mobile number, email address ID, location and zip code so that a Mirae Asset Sharekhan representative can call you back to open the account.
  • In case of a digital account opening, click on "Start Now". This will redirect you to the account opening application form.
  • Enter your basic details such as name, mobile number, email ID and city and click on the "Start" button to process your application.
  • Upload the required documents for opening a demat and trading account.
  • The documents will be reviewed by the stockbroker.
  • After your documents are reviewed, your demat and trading account will be opened and activated.
  • A welcome package will be sent to you to set up the account.

Yes, you can apply to open an account with Mirae Asset Sharekhan for investment and online trading. The process is simple and easy. Follow the steps below to open an account with Mirae Asset Sharekhan:

  • Go to the Mirae Asset Sharekhan website.
  • Click on the "Open an account" button.
  • Click on "Start Now" You will then be redirected to the "Open a free* demat and trading account in 15 minutes" page.
  • Enter your basic details such as name, mobile number, email ID and city and click on the "Start" button.
  • Upload some documents and enter information like Adhar, PAN card, signature, photo, address proof, income proof and bank details.
  • Your demat and trading account will be opened and activated after verification.
  • You will receive a welcome package to set up the account and you can start trading through Mirae Asset Sharekhan's online trading platforms like mobile app and desktop app.

Zerodha (Flat Rs 20 Per Trade)

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Information on this page was last updated on Friday, February 16, 2024

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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