How to Open Torus Digital's Trading and Demat Account?

Investing in the stock market has become easier over the years. One of the first and most important steps to begin trading is opening a trading account and demat account India. While both accounts serve different purposes, they work together to ensure smooth and secure transactions.

Torus Digital offers a simple way to open and manage these accounts. With a clear application process and a well-structured platform, it helps individuals begin their investment journey with confidence. This article explains how to open a trading account and demat account on Torus Digital in a step-by-step format, along with helpful details at each stage.

Understanding Trading and Demat Accounts

Before starting the process, it’s important to know the difference between a trading account and a demat account.

What is a Demat Account?

A demat account holds shares and securities in electronic form. When shares are bought, they get stored in the demat account. This removes the need to hold physical certificates and reduces risks such as damage or loss.

What is a Trading Account?

A trading account is used to buy and sell shares in the stock market. It acts as the link between the investor’s bank account and the demat account. All transactions related to stock purchases or sales take place through the trading account.

Together, these two accounts make it possible to invest and manage securities efficiently.

Step-by-Step Guide to Open a Torus Digital Demat and Trading Account

Torus Digital allows individuals to open both accounts through one common process. The steps are clearly defined, and the entire process takes only a few minutes.

Step 1: Start Your Application

Before beginning the registration process, visit the Torus Digital website or download the Torus Digital app from Google Play Store or Apple App Store.

• Open the app or website.
• Tap on ‘Open Account’ or ‘Get Started’ to begin your trading and demat account application journey.

Step 2: Register and Verify Contact Details

• Enter your mobile number and (optional) referral code. Tap ‘Get OTP’, enter the 6-digit OTP received, and tap ‘Login’.
• Enter your email address or tap ‘Continue with Google’ to auto-fetch if using your device.
• Tap ‘Send OTP’, enter the OTP received on your email, and validate.

Step 3: Set Up Security Access

• Set a 4-digit MPIN for secure future logins and confirm it.
• Tap ‘Submit’ to save.

Step 4: Provide Personal and Financial Details

• Tap ‘Proceed’ to continue.
• Enter Marital Status, Source of Income, and select your Annual Income slab.
• Confirm Indian citizenship declaration.
• Tap ‘Proceed’.
• Enter additional details like:
  

1. Father’s or Spouse’s Name
   
2. Trading Experience (No Experience, 0–1, 1–3, 3–5, 5+ Years)
   
3. Running Account Authorisation frequency (Quarterly/Monthly).
   

Step 5: Complete Aadhaar DigiLocker Verification

• Enter your Aadhaar number and tap ‘Next’.
  
• Enter the 6-digit OTP received on your Aadhaar-linked mobile/email and tap ‘Submit’.
  
• Provide your DigiLocker PIN or reset if forgotten. Tap ‘Allow’ to give consent for document fetch.

Step 6: Validate Bank Account

You can validate your bank account via:

a. UPI Verification:

• Select ‘Verify with UPI’, choose apps like PhonePe, Google Pay, Paytm, or BHIM.
  
• Link your bank account and enter your UPI PIN for ₹1 debit & refund confirmation within 24 hours

b. Manual Entry:

• Enter your bank name, IFSC code, and account number.
  
• Tap ‘Verify’ for penny drop ₹1 credit verification.

Step 7: Upload Documents and Set Preferences

• Upload your selfie (no specs/mask, good lighting, only your face, physically in India).
  
• Upload your signature on plain white paper ensuring clarity.
  
• For F&O segment activation (income verification):
  

1. Choose Bank Statement via OTP (6-month fetch using account aggregator) or Upload PDF.
   
2. Alternatively, upload any one income proof document:
   

• ITR Acknowledgement
  
• Form 16 (Part A & B)
  
• Salary Slip
  
• Demat Holding Statement
  
• 6 Months Bank Statement

Step 8: Nominee & e-Sign Process

• Add up to 3 nominees by entering:
  

1. Name, DOB, relationship, PAN, % allocation (1–100%).
   
2. For minors, provide guardian details (PAN, name, DOB, phone, email, address, relationship).
   

• Or skip nominee and confirm declaration.
  
• Proceed to e-Sign:
  

1. Download unsigned AOF to review.
   
2. Enter 12-digit Aadhaar/16-digit VID, tick consent box, send OTP.
   
3. Enter Aadhaar OTP, click ‘Perform E-Sign’.
   

• Once completed, you will see a congratulations message. Your account will be verified within 48 hours, and you will receive your User ID and password on email.

Conclusion

Opening a trading account and demat account India with Torus Digital is simple, secure, and well-guided. The online application process is designed to save time and avoid paperwork. With quick verification, clear instructions, and helpful support, anyone can begin investing without hassle.

By following the steps outlined above, you can complete the process and start trading confidently. The platform ensures a smooth start, helping users focus more on investment decisions and less on operational challenges.

For those looking to open an account now, visit Torus Digital and begin your application in just a few minutes.