Open Free Demat Account

Documents To Be Kept Handy
  • PAN Card
  • Aadhaar
  • Cancelled Cheque
  • Latest 6 month Bank Statement (Only for Derivatives Trading)

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Why Open Free Demat Account With Us

50 Years

Heritage of JM Financial Group

Quick Onboarding Process

Open your account in 15 minutes

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Use our user friendly platforms across web and app

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Daily, weekly & monthly recommendations from our experts

Deep Research & Solid Insights

Insightful reports across 200 companies and over 20 sectors

Dedicated Advisory Support

Call & Trade facility giving dedicated advisory support for every trading need

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Demat Account FAQs

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Account Opening Terms & Conditions

  • The Free Demat & Broking Account ("Welcome Offer") is being offered by JM Financial Services Ltd. ("JMFS") to new clients.
  • *Tariff Structure for DP Services will be applicable as per the scheme/plan opted for.
  • Execution of trades shall be governed as per the Terms and Conditions and KYC policies and Procedures agreed at the time of account opening and as amended from time to time.
  • The Welcome Offer is not available/applicable to any employee of JM Financial Group and Business Affiliates ("Franchisees") of JMFS and the clients who are opening account with JMFS through their Franchisees.
  • The Welcome Offer is subject to terms and condition as prescribed by JMFS. Please read the same carefully before opting for the Welcome Offer.
  • JMFS reserve the rights to modify/amend the welcome Offer and its terms and conditions or withdraw the Welcome Offer at any time before the completion of the validity period by giving 15 days’ notice and the same shall be binding on the client.
  • The brokerage will not exceed the SEBI prescribed limit.
  • Demat cum trading account with JMFS will be opened after all the procedures relating to IPV and client due diligence are completed.
  • In case of any dispute, the decision of JMFS management shall be final and binding on all the parties concerned.
  • The above information is only for consumption by the client and such material should not be redistributed.

Investments in securities Market are subject to market risk, read all the related documents carefully before investing.

Declaration

  1. I understand that my account would be opened as per name appearing in Income Tax records and the same would be activated after all procedure relating to client due diligence in accordance with regulatory guidelines is completed.
  2. I authorize JMFS to contact me and send promotional communication via SMS & Whatsapp even though I may be registered under National Do Not Call Registry established under the Telecom Unsolicited Commercial Communications Regulations, 2007 or registered or may be registered under the National Customer Preference Register established under new regulations viz. the Telecom Commercial Communications Customer Preference Regulations, 2010.
  3. I authorize JMFS to undertake my KYC online through KRA/Aadhaar/Digi locker based on authentication of opening Trading and Demat account with JMFS.

Registered Office

  • Address - JM Financial Services Ltd. 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
  • Phone - +91 22 6630 3030
  • Fax - +91 22 6630 3223

Corporate Office

  • Address - JM Financial Services Ltd. 5th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
  • Phone - +91 22 6704 0404
  • Fax - +91 22 6704 3139

Administrative office

  • Address - JM Financial Services Ltd. 1st & 2nd Floor, Suashish IT Park, Plot No. 68 E,Off. Datta Pada Road, Borivali (East), Mumbai - 400 066.
  • Phone - +91 22 4505 7000
  • Fax - +91 22 4505 7222
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Registration Details

JM Financial Services Ltd. | Corporate Identity Number: U67120MH1998PLC115415 | https://www.jmfinancialservices.in Corp. Off.: 5th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. Tel.: (022) 6704 0404. Fax: (022) 6704 3139 Regd. Off.: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. Tel.: (022) 6630 3030. Fax: (022) 6630 3223 Compliance Officer: Amar Agrawal, Tel: (022) 4505 7165, Email: amar.agrawal@jmfl.com Reg. Nos.: Stock Broker - INZ000195834 (NSE Membership No. 10548 | BSE Membership No. 325 | MCX Membership No. 56555 | NCDEX Membership No. 1282) | Depository Participant - IN-DP-541-2020 | PMS - INP000000621 | AMFI - ARN0002 | Investment Adviser - INA000012351 | Research Analyst - INH000001196 | IRDA - Composite Corporate Agent CA0761 (valid till July 1, 2024)

All Products Standard Disclaimer

  • Investment in securities market are subject to market risks, read all the related documents carefully before investing.
  • MTF is subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017 and terms and conditions mentioned in rights and obligations statement issued by JM Financial Services Ltd.
  • U.S. Investing is offered through the digital trading platform of Stockal, JM Financial Services (JMFS) is merely referring/introducing the Stockal Platform. Client details will be shared with Stockal with expressed consent from clients. All dealings including KYC will be executed by Stockal directly with client and JMFS will not incur any personal financial liability. This product is governed and regulated by the U.S. Securities and Exchange Commission and exchanges based in Unites States of America. The transactions executed in this product are not governed and regulated by SEBI and the Indian stock exchange and the disputes with respect to the said transactions shall not have access to Indian exchange investor redressal forum or Arbitration mechanism.
  • We are distributor of structured products of various issuers including our group/associate companies.
  • Investment in a Mutual Fund scheme is NOT a DEPOSIT product and is not an obligation of, or guaranteed, or insured by the Mutual Fund or its AMC. Due to the nature of the underlying investments, the returns or the potential returns of a mutual fund product cannot be guaranteed. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. Investment in Mutual Funds are subject to market risk. Please read all scheme related documents carefully before investing.
  • Insurance is the subject matter of solicitation.
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