How to open a Mirae Asset Sharekhan account
Documents, online onboarding steps, time to activate, F&O activation, and the common reasons Mirae Asset Sharekhan KYC gets rejected — for the Mirae Asset Sharekhan demat and trading account.
What you’ll need
Keep these handy before starting — saves backtracking mid-flow.
- PAN card.
- Aadhaar with the mobile number linked (for OTP-based e-KYC).
- Bank cancelled cheque or recent statement showing name, account number and IFSC.
- Passport-size photo (front-facing, clear background).
- Signature on a blank white sheet of paper.
- Income proof (salary slip, ITR, or 6-month bank statement) — needed only if you want to activate F&O.
Mirae Asset Sharekhan account opening — step by step
Fully online for resident Indians with Aadhaar. No branch visit, no paperwork courier.
- 1Open www.sharekhan.com and start the account-opening application.Enter your registered mobile and email — both will receive OTPs through the flow.
- 2Verify PAN, fetch Aadhaar via OTP and confirm your address.Mirae Asset Sharekhan pulls your address from the UIDAI Aadhaar record — make sure the Aadhaar address is current.
- 3Add bank details and upload the cancelled cheque or bank statement.Your name on the bank account must match the PAN exactly. Joint accounts and minor accounts have separate flows.
- 4Record the in-person verification (IPV) video and upload your signature.A short selfie video proves you’re a real person. Good lighting and a steady camera prevent retries.
- 5e-Sign the account-opening agreement using Aadhaar OTP.The e-sign is legally equivalent to a physical signature under the IT Act, 2000.
- 6Wait 1–3 working days for Mirae Asset Sharekhan and the depository (CDSL or NSDL) to activate the account.You’ll receive client ID, user ID and login credentials via email when it’s ready. After that, log in and start trading.
Activating F&O on Mirae Asset Sharekhan
Equity delivery and intraday work the moment your account is live. Futures & options trading needs a separate activation step — SEBI requires brokers to verify that F&O applicants can absorb the leverage. Mirae Asset Sharekhan asks for one of the following as income proof: latest salary slip, latest ITR acknowledgement, latest Form 16, six months of bank statements, or a holding statement showing existing investments. Upload via the F&O activation flow in your Mirae Asset Sharekhan profile; activation typically completes in 1–2 working days.
Things to watch with Mirae Asset Sharekhan
Broker-specific catches worth knowing before you start — the details that trip people up on Mirae Asset Sharekhan specifically.
- Demat AMC is free only for the first year; Rs 400 per year applies thereafter unless the account qualifies as a BSDA
- F&O income proof is an annual requirement, not one-time, to keep the derivatives segment active
- Account opening is via the DIY portal (diy.sharekhan.com); login credentials are sent to the registered mobile and email after activation
After your Mirae Asset Sharekhan account is open
Once activated, the natural first steps:
- Log in at Mirae Asset Sharekhan login and set up biometric / PIN for the app.
- Review the Mirae Asset Sharekhan charges so you know what every trade costs end-to-end.
- Use the Mirae Asset Sharekhan brokerage calculator to compute the all-in cost on a sample trade.
- Transfer funds from your linked bank via UPI for the fastest settlement.
Frequently asked
What people ask about opening a Mirae Asset Sharekhan account.
Online (DIY) account opening can be completed in about 15 minutes Aadhaar e-KYC, in-person video verification (IPV) and e-sign are done online; depository activation follows. If KYC verification fails or a document needs re-upload, allow an extra 1–2 days.
For a resident Indian Mirae Asset Sharekhan account: PAN card (mandatory, with limited exceptions), Aadhaar / identity proof, Address proof (Aadhaar, passport, voter ID, driving licence, utility bill, or bank statement), Bank proof (original cancelled cheque showing name, account number, IFSC/MICR), Photograph and signature, Income proof (required for derivatives/commodity segment activation). F&O activation also needs income proof — a salary slip, ITR or a 6-month bank statement.
Account opening: Zero (free account opening). Demat AMC: Demat AMC zero for the first year, then Rs 400 per year for non-BSDA clients. The recurring cost to watch is the demat AMC — see the Mirae Asset Sharekhan charges page for the full schedule.
Mirae Asset Sharekhan's account is a Standalone trading and demat account (not a bank 3-in-1 account). A 3-in-1 account bundles a bank, trading and demat account so funds move automatically; a standalone account links to an external bank that you fund via UPI / net banking.
Activate the F&O segment online (app/website) by uploading any one income proof: latest demat holding statement valued >= Rs 25,000, latest ITR acknowledgement (annual income > Rs 1.20 lakh), Form 16 (annual salary > Rs 1.20 lakh), monthly salary slip > Rs 10,000, CA net-worth certificate > Rs 1.20 lakh, annual account statement (income > Rs 1.20 lakh), or recent 6-month bank statement; income proof must be resubmitted annually to continue F&O trading
Yes. The entire flow is digital for resident Indians with Aadhaar — you fill the application, capture a quick video for in-person verification, and e-sign the agreement via Aadhaar OTP. No paperwork or branch visit.
Common reasons: name mismatch between PAN and Aadhaar, blurry document photo, IPV video failing to capture face / surroundings clearly, signature mismatch, or Aadhaar mobile not being current. Mirae Asset Sharekhan flags the specific reason in the rejection notification; fix and resubmit.
Mirae Asset Sharekhan typically offers an NRI demat + trading account separately from the resident product, with heavier documentation (PIS letter, NRE / NRO bank link, passport, OCI / PIO card if applicable). Confirm NRI account availability and onboarding flow on the official Mirae Asset Sharekhan site.