HELP & SUPPORT

Opening an Account

Opening an Account

What is a DEMAT account?

Demat Account is a digital vault that holds shares and securities in electronic format.

A demat account is an electronic account that holds securities like stocks, bonds, mutual funds, and exchange-traded funds (ETFs) in digital form. You need an active trading and demat account to trade options on Punch.

Why do I need an F&O trading account with Punch?

Punch lets you trade both stocks and F&O (NSE & BSE) — but to trade options, you’ll need an F&O-enabled account.

Just open your DEMAT account on Punch — it takes under 5 minutes. Upload your income proof to activate F&O trading, and you’re all set to trade options.

What documents do I need to open an account with Punch?

To open an account with Punch, you'll need your Aadhaar number, linked phone number, PAN card, and income proof documents like bank statements or salary slips.

  • Your Aadhaar number and the phone number linked to it.

  • Additional documents like PAN card, if not available on DIGILOCKER.

  • For income proof, you may need a Bank or DP statement, or alternate documents like salary slips, Form 16B, or an ITR acknowledgement.

How long does it take to open an account with Punch?

You can open an account on Punch in under 5 minutes.

Once done, your application is sent to the exchange for approval — this usually takes up to 24 hours.

⏳ Delays can happen due to:

  • KRA agency response time

  • Exchange approvals

  • Weekends (processing is paused)

  • Incorrect document submissions

 

Need help?

📞 Call us at +91 79410 57311

📧 Or email us at writetous@punch.trade

What are the charges for opening an account with Punch?

We charge a fixed fee of ₹200 for opening a Demat account.

We charge a brokerage fee of ₹1 per executed order, along with any applicable transaction or statutory charges levied by the exchange.