How long does it take to open a Demat Account on Almondz?

Modified on Mon, 25 Dec, 2023 at 11:04 PM

The Almondz account will be opened within 48 hours if the KYC is verified and the documents submitted are correct.

If the Almondz account is opened for the first time, or if the client chooses to update their KYC details in the account opening flow, the KYC details have to be verified by the KYC Registration Agency (KRA) before the account is opened as per SEBI guidelines (WEB). KRA can take up to 48 hours to verify the KYC details, which could delay the account opening.


If the KYC information is not approved by the KRA, Almondz will send an email explaining why and the documents required. The login credentials will be sent to the registered email once the account is opened.


If the account opening is delayed for more than 48 working hours, you can contact us. To track the account opening status, log in to almondztrade.com/ekyc. You can complete your eKYC on Almondz within minutes. However, it may take up to 48 hours to get your Demat account created, verified by the exchanges, and ready for you to trade.

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