How To Invest Money In Share Market : In today’s time, people want to get maximum returns on their investments.
And the stock market is the best place to get high returns. With this, investing in the stock market has now become a simpler process than before.
In earlier times, only rich and educated people had knowledge about the stock market and the stock market was out of the reach of common people.
But in today’s time, everything has become easy due to cheap internet and technology. In today’s time, every person can invest in the stock market by learning from the internet.
If you are also a person who wants to invest in the share market and want to earn good returns on your investment but you do not know how to invest money in share market.
So today I will tell you through this article how you can invest your money in the share market. By the end of this article, you would have known the entire process of investing in the share market.
How To Invest Money In Share Market.
In recent times, investing in the stock market has become very easy and less expensive. In today’s time, even an ordinary person can easily invest money in the stock market.
To invest money in the stock market, a demat account and trading account are required.
Meaning, if you want to invest your money in the stock market, then first of all you will have to open a demat account and trading account. Both demat account and trading account are opened simultaneously.
Trading account is the account through which you buy and sell shares and demat account is the account where your purchased shares are stored in digital form.
At present, you can open Demat account and trading account both online and offline.
You can open demat account and trading account with full service broker or discount broker.
Full Service Broker – Opening an account with a full service broker is slightly more expensive than a discount broker.
Those who have more money and need more support open their accounts with full service brokers.
Discount Broker – Opening an account in a discount broker is much cheaper than a full service broker, their entire process is online and their offline presence is less.
Any investor who is new and whose investment amount is less, opens his account with a discount broker.
If you are a beginner and your investment amount is not much then you can go with a discount broker and open your account with the discount broker.
There are some following famous and trusted discount brokers in India through which you can open your demat account.
The names of the four brokers mentioned above are among the largest discount brokers in India. Best Discount Broker List Here
Demat and trading online and offline
You can open demat and trading account online and offline, but if you want to open trading account and demat account quickly and with less money.
So you should go online only, most discount brokers provide you the facility of online demat account and trading account opening.
Documents required to open Demat and trading account
To open a Demat account and trading account, basic documents are required, through which you can easily open a Demat account and trading account with a discount broker online from the comfort of your home. The documents required for this are as follows –
- pan card
- Aadhar Card (Link With Mobile)
- Bank Account
- Mobile Number
- Email Id
- Family ID Proof (For Nominee)
How much time does it take to open Demat and trading account?
If you open your demat account and trading account online with a discount broker like Zerodha, Upstox or Groww, your demat account gets opened in 24 to 48 hours. (If the time when you apply is Saturday or Sunday, the process may take a little more time)
Many times your demat and trading account gets opened in just 8 to 12 hours.
How much does it cost to open a Demat and trading account?
How much will be charged for opening a Demat and trading account depends on your broker. If you open your Demat and trading account with Zerodha, then you will have to pay an account opening charge of Rs 200.
Similarly, if you open your demat account with upstox, then opening the account in upstox is free, the charges and offers keep changing with time and this charge is different for different brokers. [How To Invest Money In Share Market 2024]
Demat and trading account process step by step
- First of all choose the broker.
- After choosing a broker, you have to go to the online platform of that broker or search on the internet to open Zerodha demat account.
- As soon as you search this on the internet, Zerodha’s website will appear in front of you, from where when you sign up, you will be asked some basic information like your name, date of birth, mobile number etc.
- As soon as you fill all these basic information, your demat account application will go to the broker company for review where the details and documents of your application are checked.
- If all these documents are correct then your demat account and trading account gets opened within 24 to 48 hours.
- User ID and password for demat account and trading account are sent to the email ID specified by you.
- After this, you can open your demat account and trading account by downloading the mobile application of that broker from Google Play Store and logging in with the given user name and password.
- After this, you can buy shares of any company you want to invest in by adding money to your demat account.
- Suppose you have to buy shares of Reliance and if we assume that the shares of Reliance are being sold at the price of Rs 3000 at present, then in such a situation you will have to add Rs 3000 in your demat account, only after this you can buy the shares of this company. will be able to buy
- As soon as you buy Reliance shares, Reliance shares will start appearing in your holding section.
This is the process of How To Invest Money In Share Market 2024 which has been described above.
Hello friends, My name is Gopeshwar, and I am a stock market investor. I have been investing in the stock market for almost 5 years, and I have good knowledge of the stock market and finance. I provide stock market-related information on my stocksunlight website.