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Terms & Conditions

1. Applicability

These Terms and Conditions (“Terms”) apply to Non‑Resident Indian (“NRI”) clients, Overseas Citizens of India (“OCI”) and clients or potential clients of Angel One Limited (“AOL”) opening and operating demat and trading accounts under the Portfolio Investment Scheme (“PIS”) and/or Non‑PIS routes.

2. Account opening and charges

  • Account opening fees for clients opening demat account via Non-PIS route shall be INR 500 as one-time fees, the brokerage for equity delivery trades is 0.50% of the transaction value, or ₹0.05 per unit for shares priced below the prescribed limit and the annual Demat Annual maintenance charges shall be INR 125 per quarter for Non-Basic Services Demat Account (“BSDA”) accounts. The commercials are subject to change as per AOL’s internal policy or/and as required under applicable laws. The commercials are subject to change as per AOL’s internal policy or/and as required under applicable laws.
  • The account opening fee for clients opening demat account via PIS route shall be NIL, the brokerage for equity delivery trades is 0.50% of the transaction value, or ₹0.05 per unit for shares priced below the prescribed limit and the Depository Participant (“DP”) Annual Maintenance Charges (“AMC”) - Free for 1 year shall be INR 60 per quarter for Non-Basic Services Demat Account (“BSDA”) accounts from 2nd year onwards. The commercials are subject to change as per AOL’s internal policy or/and as required under applicable laws.
  • AOL reserves the right to increase the Tariff Charges from Time to Time at its sole discretion, under 30 days prior intimation to clients either by means of email or any other means of electronic communication including but not limited to SMS on the registered number of the client, website notification etc., or an ordinary post and by notification on the back office interface and shall be further subject to applicable regulatory requirements as the case maybe.
  • Stamp Duty, Goods and Service Tax (“GST”), Education Cess & Statutory Levies will be charged as applicable. Details of such charges are provided here https://www.angelone.in/exchange-transaction-charges. The said levies are subject to statutory and regulatory changes, as notified by the Government/Regulators/Exchanges from time to time. Above tariff is subject to change. Price Changes, if any, (other than statutory/regulatory price changes as stipulated above) will be notified 30 (thirty) days in advance.
  • For availing “Easiest” facility of Central Depository Services (India) Limited (“CDSL”), the charges as levied by CDSL would be collected from client at actuals.
  • # If applicable, account would be opened after all procedures relating to In-Person Verification (“IPV”) and client due diligence are completed including NRI-specific verification, bank account validation (Non-Resident External (“NRE”) and Non-Resident Ordinary (“NRO”)), and document checks as per applicable laws.

3. Standard Terms and Conditions

  • For Non-Resident Indian (“NRI”) clients, additional documentation and compliance under the Foreign Exchange Management Act, 1999 (“FEMA”) and Securities and Exchange Board of India (“SEBI”) regulations is mandatory.
  • This message is for the named addressees' use only. It may contain AOL confidential, proprietary, or legally privileged information. If you receive this message in error, please immediately delete it. 
  • Users are encouraged to review AOL’s documentation and risk disclosures available on its official website before undertaking any transaction.
  • For any queries, complaints, disputes or grievances relating to trading, account opening, order placement, execution or regulatory matters, users must contact AOL directly through its official channels as set out on https://www.angelone.in/.
  • Nothing contained hereunder shall be construed as an offer, recommendation, endorsement, or solicitation by AOL to buy or sell any securities or financial instruments. Users remain responsible for their investment decisions and should rely only on information and disclosures provided by AOL through its official channels.
  • You must not, directly or indirectly, use, disclose, distribute, print, or copy any part of this message if you are not the intended recipient. This communication is for educational and informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. 
  • It does not constitute an offer, solicitation, or recommendation to buy or sell any securities or financial products in any jurisdiction where such offer or solicitation is not permitted. Investments by NRIs are subject to applicable provisions under FEMA, rules, and regulations framed thereunder, and guidelines issued by the Reserve Bank of India (“RBI”) and SEBI. Investments through the Non-PIS route are permitted only in specific securities and on a non-repatriation basis, subject to applicable regulatory conditions. Clients are responsible for complying with applicable requirements including PIS / Non-PIS routes, bank account classifications (NRE/NRO), and reporting obligations. 
  • Clients are advised to consult their legal, financial, and tax advisors before investing. This communication is not intended for distribution to, or use by, any person in any jurisdiction where such distribution would be contrary to local laws or regulations. 
  • All investments in the securities market are subject to market risks. Past performance is not indicative of future returns. Please read all relevant offer documents and terms carefully before investing. AOL does not provide any guaranteed returns and shall not be liable for any losses arising from investment decisions taken based on this communication. 
  • All market prices, data, and other information are not warranted as to completeness or accuracy and are subject to change without notice. 
  • This website is not directed at persons in jurisdictions where access to such services is restricted or prohibited. Users are responsible for ensuring compliance with the laws of their country of residence. 
  • Investment products, trading segments, and features available to NRI clients may be restricted based on regulatory requirements, account type, and country of residence. Certain segments may not be available to all NRI clients. 

Disclaimer for Articles or Blog Posts

  • AOL is writing these articles/blogs exclusively for educational purposes only.
  • We do not provide any advice/tips on Investment or recommend buying and selling any stock via this blog.
  • AOL does not endorse investment and trade in cryptocurrencies. This article is only for education and information purposes. Discuss with your investment advisor before making any risky calls.
  • Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
  • The views, opinions, and information expressed in any blogs, articles, or other content published are solely those of the respective author(s) and do not represent the views of AOL. AOL does not verify, endorse, or guarantee the accuracy, completeness, or reliability of such content. The author(s) shall be solely responsible for the content, including any claims, representations, or conclusions made therein. AOL shall not be liable for any loss, damage, or claim arising out of or in connection with the use of or reliance on such content, and no claims shall lie against AOL in this regard.

Disclaimer for Android and IOS Applications

  • The account would be open after all procedures relating to IPV and client due diligence are completed.
  • The applicable Terms and Conditions for Android and iOS platforms shall govern the use of the services. Certain features, products, or offerings may not be available across all platforms or devices. AOL shall have no responsibility or liability for any such unavailability or for any consequences arising therefrom. Certain products are offered by regulated third-parties. AOL acts solely as a referrer for third-party products and does not exercise control over such products or services. For any concerns regarding such products you agree to the respective grievance redressal mechanisms available for such products and you hereby agree that you would not have access to SEBI Complaints Redress System (“SCORES”) / Online Dispute Resolution (“ODR”), Exchange investor redressal forum or Arbitration mechanism. 

Standard Disclaimers

  • We collect, retain, and use your contact information for legitimate business purposes only, to contact you, and to provide you information & the latest updates regarding our products & services and regarding your trading account. By providing your contact details, you hereby give your consent to such collection, use, and processing of your personal data for the aforesaid purposes, in accordance with applicable data protection laws.
  • We do not sell or rent your contact information to third parties.
  • Third party products are not Exchange traded products, and AOL is just acting as Referrer and all disputes with respect to the distribution activity, would not have access to SCORES/ODR, SEBI/Exchange investor redressal forum or Arbitration mechanism.
  • In the event you submit your contact details with AOL, you are authorising us to Call/SMS you even though you may be registered under Do Not Disturb (“DND”) and authorises AOL to contact you via channels including but not limited to call, SMS, Email, WhatsApp.
  • Please do not share your Trading User Name, Password or OTP with anyone.
  • Investment in securities market are subject to market risk, read all the related documents carefully before investing. AOL, its employees, officers, and affiliates shall not be liable for any direct, indirect, incidental, or consequential losses arising from reliance on content published on the Platform.
  • Users are strictly prohibited from posting, uploading, transmitting, or otherwise making available on the platform any content that infringes or violates the intellectual property rights of any third party
  • All questions, comments, and posts submitted by users on the platform shall be subject to moderation by AOL before being published. This process is intended to ensure compliance with applicable laws and regulatory requirements. As a result, user submissions may not appear immediately and AOL reserves the right to remove, disable, or restrict access to any content at its sole discretion if such content is found to be unlawful, misleading, defamatory, or otherwise does not meet the required standards as per applicable laws.
  • Any offer/product/service provided hereunder by AOL is subject to sole discretion of AOL and AOL reserves the right to reject/modify/discontinue the same. 
  • I/We agree to receive Contract Note and Statement of Accounts in Electronic mode.
  • I/We wish to opt for Electronic delivery Instruction Slip (“E-DIS”) at the time of account opening. However, the physical DIS booklet should be issued to me/us on my/our request at any later date. In the event the Client requests physical copies of any documents, including but not limited to KYC documents, account statements, annual reports or other communications, such documents may be provided at the discretion of AOL, subject to payment of additional charges as may be specified by AOL from time to time. Such charges shall be borne solely by the Client.
  • I agree that AOL may appoint Authorised Person or other agents for carrying out the acts mentioned in or in relation to rendering its services and for this purpose give my consent to share my account related information to the Authorised Person or agents for providing the services availed by me.
  • I agree to AOL’s Terms and Conditions and authorise AOL to disclose my information to any person /entity or to any broker's Association or organisations in case of dispute to take informed decisions, as required under the law.
  • AOL will provide the DP statement as per the SEBI requirement.
  • AOL will share the email ID with the RTA and capture the default mode as electronic for receiving Annual reports.
  • Dividend/interest will be received directly into the client's NRE or NRO bank account through Electronic Clearing Service (“ECS”), subject to applicable Tax Deducted at Source (“TDS”).
  • In case You are an NRI or OCI, who wishes to open a Demat account with AOL, the following terms and conditions shall be applicable to You in addition to the above-mentioned terms and conditions. By your continued use, you hereby undertake the following:
  1. I agree to duly sign the account opening form and photocopies of the KYC documents and PAN card before submitting the same to AOL.
  2. I agree to provide the photocopies of the KYC documents and PAN Card which have been duly attested by the Indian Embassy/Consulate General of my country of residence as and when required.
  3. I agree that all the attested documents as mentioned above have been verified with the originals of the said documents.
  4. I agree to furnish a (US) Foreign Account Tax Compliance Act (“FATCA”)/CRS self-certification declaration form (for NRIs residing in the United States of America) or any equivalent documentation as required by the local laws of the country of residence (for NRIs residing in a country apart from the United States of America) along with their KYC documentation for the account opening process.
  5. I agree to provide a declaration stating I have complied and will continue to comply with FEMA regulations.
  6. I agree to provide a copy of the PIS Permission Letter / Bank Investment Letter from an Authorised Dealer bank, if applicable for my account type or a copy of the RBI approval letter (if specifically required for acquiring securities under exceptional circumstances). I agree to be in compliance with all the law/rules/regulations/acts/circulars/master directions issued and applicable to me as mandated by the local regulatory authorities of my country of residence including but not limited to the data protection laws as well as the Indian regulatory authorities including but not limited to FEMA Act, 1999, the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, the RBI Master Direction on Foreign Investment in India, 2018, the Depositories Act, 1996, the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, byelaws issued by the NSDL, CDSL, NSE, and BSE.
  7. I agree to notify AOL of any and all notices received by me from the regulatory authorities of India or of my country of residence which are in relation to my demat account.
  8. I shall comply with all the applicable laws of the jurisdiction I am presently residing in at all times.
  9. I/We shall be subject to their compliance with all applicable laws, regulations, orders and other legal or regulatory requirements, in India and abroad, that are relevant to our onboarding and availing of services from Angel One Limited, including, where applicable, updating our residential status as “Non-Resident” on the Income Tax portal for purposes of PAN-Aadhaar compliance. We shall be solely responsible for any discrepancy or non-compliance in this regard, and Angel One Limited shall not be liable for any loss, damage or expense incurred by us arising therefrom
  10. Onboarding of NRI clients shall be subject to their compliance with all applicable laws, regulations, orders and other legal or regulatory requirements, in India and abroad, that are relevant to their onboarding and availing of services from Angel One Limited, including, where applicable, updating their residential status as “Non-Resident” on the Income Tax portal for purposes of PAN-Aadhaar compliance. NRI clients shall be solely responsible for any discrepancy or non-compliance in this regard, and Angel One Limited shall not be liable for any loss, damage or expense incurred by such clients arising therefrom.
  11. Subject to Applicable Laws and procurement of relevant consent by AOL, I agree to be contacted by AOL Limited and its group entities or partners for cross-selling purposes, including products and services offered by third parties https://www.angelone.in/privacypolicy-digital-lending.
  12. I hereby acknowledge that I have read, understood, and agreed to the terms outlined in AOL's Privacy Policy. I hereby provide my consent for AOL to collect, use, store, and process my personal data in accordance with the provisions set forth in the Privacy Policy.
  13. For detailed T&C, please visit Terms and Conditions | Angel One

Angel One Limited, Registered Office: 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai - 400093. CIN: L67120MH1996PLC101709, SEBI Regn. No.: INZ000161534-BSE Cash/F&O/CD (Member ID: 612), NSE Cash/F&O/CD (Member ID: 12798), MSEI Cash/F&O/CD (Member ID: 10500), MCX Commodity Derivatives (Member ID: 12685) and NCDEX Commodity Derivatives (Member ID: 220), CDSL Regn. No.: IN-DP-384-2018, PMS Regn. No.: INP000001546, Research Analyst SEBI Regn. No.: INH000000164, Investment Adviser SEBI Regn. No.: INA000008172, AMFI Regn. No.: ARN-77404, PFRDA Registration No.19092018. Compliance officer: Mr. Bineet Jha, Tel: (022) 39413940 Email: compliance@angelone.in 
 
For any queries, please contact us on the below details 
18001020 | support@angelone.in