Streamline Your Investments: How To Add Stocks To Your Paytm Money Portfolio

What is a Demat Account ?

A Demat account is a digital account that is used to hold and manage securities such as stocks, bonds, and exchange-traded funds (ETFs) in electronic form. While a mutual fund account allows you to invest in mutual funds, it does not allow you to invest in individual stocks or other securities.

Why should you open a Demat account?

• Safe and Secure: A DEMAT account is a safe and secure way to hold your securities. It eliminates the need for physical certificates, which can be lost, stolen, or damaged.
• Convenience: Holding securities in a DEMAT account is more convenient than physical certificates. You can buy and sell securities online through your Paytm Money mobile app.
• Access to IPOs: With a DEMAT account, you can apply for initial public offerings (IPOs) online. This makes it easier to invest in new companies and take advantage of early bird pricing.
• Automatic credit of bonus stocks, rights issues, and split shares for holdings in your DEMAT account

Below is the step-by-step guide to start investing in stocks using the Paytm Money mobile app. 

Step 1: Go to the Stock section post logging into the Paytm Money app

Step 2: Complete your KYC details by entering your Aadhaar details on the DigiLocker step. 

Step 3: Upload your Selfie and Signature

Step 4: Complete the verification of your mobile and Email

Step 5: Digitally e-sign your application form with your Aadhaar

Post-completion of the application, we will take 24 hours to activate your account. This would be needed to ensure that you are registered with the depository and exchanges, to have a smooth investing experience. Once your account is active, you will receive a confirmation email as well as an App notification. Alternatively, you can check the status of the application by logging into your Paytm Money app.