How much time does it take to open a new account in 5paisa?

5Paisa offers instant account opening if you are eKYC Compliant and your Aadhar card is linked to your correct phone number. This paperless account opening is fast and convenient.

Through they advertise account opening in 2 hours, practically it takes up to 2 working days to get your account opened. The challenges come in uploading supporting documents. The account opening software also throws some random error while you filling the form. Once you complete the online account opening process and submit the application, it goes to the 5paisa team for review. Many a time they come up with additional documents required. They sent an email, SMS and call you to get this additional information. But this process takes time on both the side.

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