If you've already opened a new demat account, submit at an Axis Bank branch (with IPV/OSV stamps): a signed Common Modification Form, a Demat Debit and Pledge Instruction (DDPI), self-attested PAN copy, SMS alert registration form (if needed), and a self-attested demat proof/CML. If you haven't opened a demat account yet, submit the demat account opening form, PAN copy, and DDPI. Documents can also be mailed to Axis Securities Ltd, Thane Belapur Road, Ghansoli, Navi Mumbai-400710. Linking/reactivation typically takes about 2 working days once documents are received without rejections.

Per SEBI's April 2022 circular, DDPI replaced the earlier POA that authorized brokers to sell securities on a client's behalf. It's needed for seamless online trading/settlement. It can be set up online (guide linked) or offline via a form (Resident or NRI version) submitted at an Axis Bank branch.

You receive a statement of account confirming the update.

Transferring securities between demat accounts held with two different depositories. It's possible only for ISINs active in both depositories.

A DIS is an offline instruction used to transfer securities from your demat account to another demat account; each slip allows up to 5 securities. You can request a DIS booklet online (via the Axis Direct portal for NSDL, or Axis Bank internet/mobile banking) or offline via a requisition form mailed to Axis Securities Ltd, Ghansoli, Navi Mumbai. A fee of Rs. 100 + 18% GST applies per DIS (Rs. 200 + 18% GST for BSDA accounts). You'll need to verify the request via a call and OTP.

It's preferred but not mandatory. Providing bank details at account opening is mandatory though, since they're used to credit dividends, interest, maturity or redemption amounts directly to your bank account.

Committing shares you hold (as pledgor) in favor of another party (pledgee) as collateral, typically to take a loan against shares.

In the depository system there's little difference, except a pledge can be invoked by the lender (pledgee) alone, while hypothecation requires the borrower's (hypothecator's) consent to invoke.

Yes - it's easier than pledging physical securities. Guides for pledging via Swift Trade and the RING app are linked on the FAQ page.

The pledgor remains the beneficial owner during the pledge period and receives corporate benefits declared in that time. The pledgee only benefits if the pledge is invoked and the shares are in the pledgee's account on the record date.

A regular demat account with no or low Annual Maintenance Charges per SEBI's June 2024 circular. Eligibility: you hold (or propose to hold) only one demat account as sole/first holder, only one BSDA across depositories, and holdings value doesn't exceed Rs. 10 lakh at any time. Charges: no AMC if holdings are up to Rs. 4 lakh; AMC up to Rs. 100 for holdings between Rs. 4 lakh and Rs. 10 lakh.

A form (separate versions for individual and non-individual holders) required at account opening, filled alongside the demat application form.

Once your demat account is open, you can buy/sell shares electronically through any broker by providing your DP account details so bought shares are credited (or sold shares debited) accordingly.

Securities are transmitted to legal heirs as determined by a competent court, requiring a transmission form, attested death certificate, and (depending on value) a succession certificate, court order, probate of will, letter of administration, or - for holdings below Rs. 5 lakh - a letter of indemnity, affidavit, and NOC/family settlement deed, plus the claimant's CML if held with a different DP.

Transferring securities to surviving holders/legal heirs on the death of a holder. If shares were held physically, surviving holders open (or use an existing) demat account, and physical certificates plus a Demat Request Form and Transmission form are submitted for dematerialization and credit. Required documents vary by claimant type (nominee, joint holder, or legal heir) and claim value.

Nomination must be updated to avoid account deactivation. For single-holder accounts, log in, go to My Account > Add Nomination, choose to opt out or add a nominee, fill in details online, review and accept the disclaimer, then submit. You can track status (Submitted/Rejected/Downloaded) under the same tab. Multi-holder accounts must submit a Multiple Nomination Form at a branch instead.

Converting dematerialized holdings back into physical certificate form. You submit a request, which is verified against your balances, forwarded to NSDL, and then to the company's registrar, who prints and dispatches the certificates.

Rearranging the order of joint holders' names to match an existing demat account (e.g., holding certificates in "A & B" order but the demat account is in "B & A" order) without needing to open a new account - done via a transposition form alongside the demat request form.

Yes, by the DP or the company/RTA - common reasons include signature mismatch, incorrect holder name, certificate/DRF detail mismatch, missing call-paid receipt, wrong format, or surrendering old/defunct certificates. Rejected DRFs are returned to the submitting branch or the registered address, and rejections are communicated via periodic demat statements.

They are cancelled by the company's RTA.

Since April 2019 (per SEBI LODR rules), listed companies can't process transfer requests for physical securities - only transmission/transposition. To transfer, you must first dematerialize by submitting a Dematerialization Request Form (NSDL or CDSL), original certificates, and self-attested PAN/Aadhaar at an Axis Bank branch or by mail. The process typically takes 20-30 days.

Apply online, or contact customer service at 022-68515400 / email support.

Converting physical security certificates into electronic form credited to your demat account - it changes the form of holding, not ownership. Requires opening a demat account and submitting a Dematerialization Request Form with original certificates and self-attested PAN/Aadhaar; processing takes about 20-30 days.

Avoids issues like bad delivery, fake certificates, litigation-affected shares, or signature mismatches; no physical transfer forms or stamps needed; and removes risk of losing or fraudulently intercepting certificates.

Agri commodities on MCX: 9:00 AM to 11:30/11:55 PM. NCDEX: 10:00 AM to 5:00 PM. Internationally linked agri contracts start around 9:00 PM.

Existing AxisDirect customers can do a simple one-time online registration; trading rights are typically enabled within 48 hours. New customers should open an AxisDirect account first, then register for commodities. Once enabled, the same login works for the commodities platform with live market data.

AxisDirect offers a comprehensive range of trading products:

• Cash: Delivery-based trading with full payment upfront and T+2 delivery
• Inter-Settlement/IS: Sell shares not yet credited using T+1/T+2 timing
• Encash: Get same-day funds by selling shares (next bank business day if a holiday)
• Intraday: Buy/sell same day with smaller margin (typically 20-50% of order value); auto square-off around 2:45-3:00 PM
• Cover: Simultaneous buy + stop-loss sell orders for lower margin and capped downside
• E-Margin: Leveraged positions held open longer (up to T+30 or T+90) for smaller upfront margin
• Futures: Leveraged derivative contracts, cash-settled in India
• Intraday Futures: Same-day square-off futures with lower margin, auto square-off around 3:00 PM
• Options: Buyer pays premium with limited risk; seller/writer takes margin with unlimited risk; Call/Put, American/European style
• Collateral Management: Use existing shares as margin for products like intraday/futures
• IPO/FPO subscription: Apply online for primary market issues

Investment & Trading Ideas, Portfolio Tracker, Push Notifications, Loans, Online Term Plan, General Insurance, Tax Planning, and Will drafting assistance.

Resident Indians aged 18+; accounts can be opened for individuals, sole proprietors, HUFs, trusts, companies, and partnership firms.

Click "Open an Account" on the website and share your contact details; a representative will assist with the account opening formalities.

Axis Securities Ltd. is a wholly owned subsidiary of Axis Bank and a trading member of the NSE and BSE (Equity and Derivatives). It offers integrated trading via electronically linked Trading, Savings, and Demat accounts.

Log in using Mobile, PAN, or Username plus your password. After entering your password, an Access Code is sent to your mobile and email; enter it to complete login. (NRI customers receive the code by email only.)

A mobile app that lets you trade in Equity and Derivative segments from your phone.

You don't need to research and pick stocks or schemes yourself - AxisDirect's experts curate them - and you can invest in a whole basket of stocks or schemes in just a couple of clicks instead of placing individual orders.

For equities, it's the "smallcase" feature - a weighted basket of up to 20 stocks built around a theme, financial model, or risk profile (e.g., aggressive, balanced, conservative). You pick a smallcase aligned with your view, invest in a few clicks, and track multiple portfolios together (smallcases don't constitute investment advice). For mutual funds, "MF Advisor" helps build an MF portfolio based on your goals, risk appetite, and time horizon.

The portfolio updates on T+1 for most transactions, but certain events aren't auto-reflected: ESOP allotments, IPOs applied through external sources, corporate actions like delisting or rights issues, and (for NRIs) PIS/Non-PIS transfers. In these cases you need to add a manual entry (Portfolio > Add Stock). Manual entries aren't supported for debentures, NCDs, bonds, SGBs, corporate bonds, or corporate FDs. Manual entries can later be edited or deleted via the stock's "All Transactions" view.

Same causes as above (ESOPs, external IPOs, corporate actions, PIS/Non-PIS transfers) when a manual entry hasn't been made yet - add a manual BUY entry to correct it.

Automatic processing of complex corporate actions in the newer portfolio module may now account for something a manual entry was previously added to fix. Edit or delete the old manual transaction via View Details > All Transactions.

Similarly, automatic handling of mergers/demergers may make old manual correction entries appear as duplicates - delete the manual transaction via View Details > All Transactions.

Corporate actions like mergers/demergers can add new stocks on top of your traded holdings. Check View Details > All Transactions for entries marked "MERGERIN" or "DEMERGERIN" to confirm.

No - values for stocks, holdings, and open positions (F&O, E-Margin, etc.) are delayed by roughly 5-15 minutes.

Go to My Portfolio > Reports > Dividend Summary (or the direct Dividend Summary URL after login). It lists all dividend transactions for the current financial year, sorted by stock and date (customizable), with the option to switch financial years.

Yes. Manual entries are meant for shares/MF units from ESOPs, external IPOs, etc. NRI PIS/Non-PIS transfers should instead be reported via Contact Us. IPO allotments via AxisDirect auto-reflect on allotment (sellable once listed). Fixed-income holdings (NCDs/Bonds/FDs) aren't reflected in the portfolio. Cost basis for shares bought before Feb 1, 2018 follows the grandfathering rule under the Finance Act 2018 (Section 112A) - using the higher of actual cost or the lower of Jan 31, 2018 fair market value and actual sale price. Since August 1, 2023, off-market transfers (excluding ESOPs) are auto-updated using the closing price on the transaction day, appearing in the portfolio on T+2. To add manually: log in > Portfolio > Add Stock, fill in transaction type, exchange, stock, date, quantity, price, and charges; it appears within one working day. Entries can later be edited or deleted from View Details > All Transactions.

You can call 022-4050 8080 / 022-6148 0808 (NRI: 022-6148 0809; cyber issues: 022-6148 0808), email support, visit a branch, or reach out via social media. Queries are resolved on first contact where possible; requests/complaints are logged with a reference number and can be tracked via Support > FAQ > Track My Requests. You'll get an email/SMS once it's closed.

This can be done online after logging in (see the "Nomination" section under Demat Account below for the full steps), or via a form submitted at a branch if the account has multiple holders.

Log in, go to Reports & Services > Demat Reports & Services. From there you can download Holding statements, Transaction statements (choose a date range or financial year), and DP Bills - available in PDF, Excel, or via email.

Per SEBI's 2023 circular, every customer must validate KYC via OTP after registration. Check status on the CVL KYC site; if it shows "on hold"/"not registered," submit fresh KYC documents at an Axis Bank branch, then complete OTP validation with the relevant KRA (CVL, NDML, Dotex, Karvy or CAMS). Accounts are reactivated within about 4 working days of completion.

Under Reports > Equity Reports you can access: Order Log (all orders in a date range), Trade Details/Trade Book (executed trades, useful for brokerage/tax/PNL), Trade Bills (consolidated brokerage & tax bill), Delivery Details (settled/pending deliveries), Pay-in/Payout Shortage report, E-margin Position report, and E-margin Fund Requirement report. Reports are available for the past year.

A step-by-step visual guide is provided in-app; the general process is available through Swift Trade or the RING mobile app.

This is the Annual Maintenance Charge (AMC) for your demat account - Rs. 750 + 18% GST (or Rs. 562.50 + 18% GST) per year. Customers who link an Axis Bank savings account get the first year free; the AMC then starts from the first anniversary. Non-Axis Bank savings account customers are charged Rs. 350 for year one, then the standard annual AMC thereafter.

A reference PDF explaining ledger narrations is linked on the FAQ page (Ledger Narrations document).

Margin rules mean sell-side margin isn't charged upfront (using Early Pay-in of shares), so buying back the same scrip same-day with fresh funds creates a short-margin/intraday situation. You can use up to 80% of sale proceeds to buy back the same stock same day in Cash, provided you haven't placed any order that day in Intraday, Cover, E-Margin, F&O or Currency segments. The same 80% limit applies to rolling over E-Margin positions.

A visual guide and PDF instructions for downloading the Financial Ledger via Swift Trade are provided on the FAQ page.

Same process as the Holding/Transaction/DP Bill statement steps above: Login > Reports & Services > Demat Reports & Services.

Use the "Activate Your Account" link with your Mobile or PAN: enter mobile/PAN, request OTP, enter the OTP received on mobile/email, set and confirm a password. (NRI customers receive the OTP on registered email only.)

No - as per SEBI rules, you can only transfer funds for trading from your linked primary savings bank account.

View the Order Book on the online trading platforms; a PDF guide on accessing it is linked on the FAQ page.

Minimum brokerage is Rs. 25 per trade (Rs. 20 for equity SIP trades), capped at a maximum of 2.5% of trade value. Whichever is applicable per your plan and the trade value determines the actual charge. Stocks trading below Rs. 10 are charged 3 paise/share.

Realized profit on square-off is credited on T+1. Realized loss is debited on T (the day of square-off).

For 3-in-1 accounts with POA/Bank Mandate Letter, transfers happen automatically for trades/charges/obligations. Step-by-step guides for Swift Trade and the RING mobile app are linked on the FAQ page.

Refer to the Financial Ledger (download guide linked) and the Ledger Narrations document to understand each entry.