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Elite Wealth Demat Account Services | Garv Thakur

 
 
 

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Elite Wealth Demat Account Review 

Elite Wealth is one of the oldest stock brokerage firms and has been operating its financial investment and wealth advisory services for almost 33 years. Elite Wealth has membership in all popular Indian stock exchanges, such as the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and National Commodity and Derivatives Exchange (NCDEX). Elite Wealth is a depository participant with CDSL and NSDL. Elite Wealth offers a trading platform to cater to the investor's trading and investment needs. Investors can access these trading platforms by opening demat and trading accounts with Elite Wealth. By opening a demat account with Elite Wealth, investors can start their investing and trading journey in the Indian stock market. 


Elite Wealth Demat Account Opening Charges 

Elite Wealth offers multiple account opening plans, which also depend on the account opening method selected by the customers. Elite Wealth demat account opening plans are mentioned here.


Elite Wealth Demat Account Opening Charges for Online Method
Account TypeCharges
Demat Account Opening Charges₹0
Demat Account AMC ChargesFirst Year Free then Rs. 399 + GST per Year (Online method)
or
Rs. 599 + GST One Time Charges for Lifetime (Online method)


Elite Wealth Demat Account Opening Charges for Offline Method

With this method, customers need to pay Rs. 1200 for opening accounts with Elite Wealth. In this account opening charges, customers will open five investment accounts. This account includes:

1. Demat Account 

2. Trading Account

3. Mutual Funds Account 

4. National Pension System (NPS)

5. E-Insurance (NIR)


Documents Required for Opening Demat Account with Elite Wealth

  • Pan Card

  • Address Proof ( Aadhaar card, Driving license, Voter ID card, Passport)

  • Bank Statement for income proof

  • Passport size photograph

  • Nomine ID proof ( Pan / Aadhaar)

  • Canceled cheque

  • Passport size photograph (offline method)

  • Signature on white paper (online method)


Elite Wealth Demat Account Benefits

The benefits of opening a demat account with Elite Wealth are mentioned below:

  • Lifetime AMC: Elite Wealth provides a demat account with a lifetime Annual Maintenance Charge (AMC), eliminating the worry of periodic fees. This ensures cost-effectiveness and long-term convenience for investors.

  • Mobile App: With the Elite Wealth mobile app, investors gain access to their demat account anytime, anywhere. The user-friendly interface allows for seamless trading and monitoring of investments on the go.

  • Low Brokerage Plans: Elite Wealth offers competitive and affordable brokerage plans, enabling investors to execute trades while minimizing transaction costs.

  • Trade in Equity, Derivatives, and Currency: The demat account facilitates trading across various asset classes, including equity, derivatives, and currency markets. This diverse range of investment options allows investors to diversify their portfolios and explore different trading strategies.

  • Excellent Research: Elite Wealth provides robust research and market insights to its clients. These research reports and analyses help investors make well-informed decisions backed by reliable data.

  • Delightful Trading Experience: The seamless transition between the Trading, Demat, and Bank accounts creates a smooth trading experience. This integration streamlines the process of buying and selling securities, making it convenient for investors to manage their investments efficiently.

  • Call & Trade Facility: For those who prefer the human touch, Elite Wealth offers a Call & Trade facility. Investors can place trades over the phone with the assistance of dedicated customer support.

  • Upcoming IPO Updates: Staying up-to-date with upcoming Initial Public Offerings (IPOs) can be crucial for investors seeking new investment opportunities. Elite Wealth keeps its clients informed about upcoming IPOs, allowing them to participate in potentially lucrative offerings.

  • Dedicated Customer Care: Elite Wealth ensures that its customers receive top-notch service. The availability of a dedicated customer care team ensures prompt resolution of queries and concerns.

  • Online Access on All Days: Investors can access their demat account online on all days, including weekends and holidays. This flexibility empowers investors to manage their investments and stay connected to the financial markets at their convenience.


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Frequently Asked Questions


Elite private wealth management limited AMC Charges is First Year free, then Rs. 399 + GST per Year (Online method).
Absolutely! Elite Wealth Broker allows trading in stocks, commodities, currencies, mutual funds, IPOs, and more.
Elite Wealth Broker is a brokerage firm offering a range of financial services, including investment advisory, trading, and wealth management.
There are no Account opening Charges in Elite Wealth.
Yes, Elite Wealth Broker caters to both beginners and experienced investors, providing educational resources and guidance for new investors.
Elite Wealth Owner's name is Dheeraj Bhatia.
This broker is reliable and has established a distinct reputation in the brokerage industry for its credibility and uniqueness.
Yes, Elite Wealth Broker is known for its reliability and credibility in the financial industry with a track record of serving clients effectively.
Elite Wealth Broker believes in transparency, and there are no hidden fees. All charges are clearly mentioned in the fee structure.
Elite wealth Contact number is 011-42445717.
Yes, Elite Wealth Broker offers a mobile app, enabling you to access your account and trade on-the-go.
Yes, Elite Wealth Broker provides excellent customer support through various channels, including phone, email, and online chat.
To open an account, visit their website or office, fill out the necessary forms, provide the required documents, and complete the registration process.
Yes, Elite Wealth offers online IPO applications to customers.
Yes, Elite Wealth Broker provides regular research reports, market insights, and investment recommendations to assist clients in making informed decisions.