Icici Bank Kyc Update Online: Fill & Download for Free

Let us start first with the demat and trading account differences. Demat account is a holding account wherein all your share purchases (delivery based) are shown , whereas a trading account as the name suggests is an account through which you login and conduct share purchase/sell transactions.There are many companies, websites and other source which offer services with respect to online trading and holding accounts. But my preference is with Kotak Mahindra Bank, as it is full service provider with the following benefits also, which are not provided by non-bank online account providers.As per my personal experience and since it is excellent, I am sharing it with you. I have used ICICI, HDFC and Kotak. Out of the all the three, I enjoy the best services of Kotak Mahindra Bank without any doubt.I started off with a simple salary account which has later transformed into a three-in-one account, providing me many services with very less expense.I have currently the following services with Kotak:Privy league savings accountFixed DepositsRecurring DepositsPPF accountULIP (Insurance)Investment Account for Mutual fundsTrading AccountDemat AccountMinor AccountCredit CardLoan AccountLocker FacilityFor using most of these services, I use Net Banking facility only and have never had any issues. For any specific needs like KYC Updation, FATCA declarations etc I call the relationship manager and he takes care of all them with utmost ease.I have never visited the branch (except for locker) in 10 years and I plan to continue to do so. Except for the Rs. 115 which I pay for my investment account of mutual funds quarterly, and the usual demat fees along with a brokerage of Rs. 21 for trading transactions & 0.01% for transaction value above Rs. 21,000, I don't spend anything more.

Online address updation has been disabled due to large number of fraudulent activities in the past. You need to visit branch along with your Kyc and get the same updated. 24 hrs required for updating the same.

First of all you should have your kyc updated for any investment online or offline, which you can do by visiting banks , CAMS or Karvy. Once it is done then do a thorough research on some sip which has given descent returns for the past 6–7 years. You can get the data from internet. You can start sip from as low as ₹500 per month. Some funds which you can try areAxis long term equity fundDSP BlackRock tax saver fundICICI prudential value discovery fundSBI blue chip equity fundAs you are teenager you can have greater exposure to equity and always try to stay invested for minimum 10 years and above to have some real growth.