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How to open Monarch Networth Capital account?

Monarch Networth Account Opening

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Following is the process for opening an account with Monarch Networth Capital Limited:

  1. Verify your mobile number and email with OTP.
  2. Enter PAN and Date of Birth and confirm the details.
  3. Link your Bank Account - using UPI ID or enter details manually.
  4. Complete the transaction pay Rs 1 and confirm the account number and IFSC Code.
  5. Select your annual income range, occupation, and Trading Experience (In years).
  6. Update your gender and marital status.
  7. Add up to 3 nominees for your account. You can add nominees after opening the account.
  8. Check the details of the scheme. If you want MTF services select the MTF option.
  9. Select the exchange segment - click on any exchange segment to unselect it, however, registration in the Equity segment is mandatory.
  10. Click on View Brokerage Traiff details.
  11. Read the Risk disclosures and confirm.
  12. Activate Derivatives (F&O, Currency & Commodities).
  13. Fetch the bank statement through Account Aggregator or Upload financial proof manually.
  14. Click a selfie and proceed to the final step.
  15. E-sign your application & complete KRA validation with Aadhaar OTP.

 

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