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Put all your money to work by opening a demat account.

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Step 1

Create a PennyPal trading account to begin your journey.

Step 2

Verify your identity conveniently through our online process.

Step 3

Securely fund your account to enable seamless transactions.

Step 4

Start Investing and save more with reduced brokerage fees.

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Take leverage of a Pal Tech platform to invest and trade your money in a smart way.

Pal Tech

Access our pal tech platform to achieve your investment goals, built upon algorithms capable of processing vast amounts of financial data, identifying patterns, and extracting insights that might be challenging for humans to discern. This platform has been designed to adapt strategies in response to changing market conditions, ensuring that your investments stay aligned with your objectives.

Stocks

Stay ahead of the curve with our daily market insights that offers a range of tools designed to enhance your investment journey. Make informed investment decisions by accessing real-time stock quotes, historical data, and interactive charts to analyze stock performance. Invest with ease and manage your portfolio by getting access to our customizable watchlists.

Futures & Options

Personalized investment strategies can be created after understanding how futures and options can play a vital role in managing risk. Diversify your investment portfolio to mitigate potential losses and enhance your overall financial stability.

Commodities & Currency

Create informed investment strategies by engaging with our content on currency and commodities. Our coverage encompasses currency exchange rates, uncovering the drivers behind fluctuations. Furthermore, we delve into essential economic components, analyzing supply-demand dynamics, pricing trends, and influential factors within precious metals, energy resources, and agriculture.

With every investment, save* an extra penny

^₹ 0

Account Opening & AMC

Demat + Trading Account &
Annual Maintenance Charges

^₹ 10

Brokerage

For Equity in Delivery
& Intraday

^₹ 10

Brokerage

For Futures & Options,
Currency Derivatives &
Commodity Derivatives Trading

PennyPal: Your trusted companion for every investment choice.

- Together, we'll create an epic tale of financial success.
- Whether you're a seasoned investor or just starting out, we'll be your trusted companion, helping you make informed decisions and achieve your goals.
- Like the unbreakable bond between Savings and Investment, we prioritize your financial well-being above all else. With our user-friendly platform, cutting-edge tools, and personalized services, we empower you to conquer any financial challenge that comes your way.

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FAQs

What documents are required to open a Demat and Trading Account?

The documents required to open a Demat and Trading Account includes:
- Proof of identity (PAN card is mandatory),
- Proof of address (Aadhar Card or Passport or Voter id card or Bank statement of last 6 months)
- Bank Details (cancelled cheque, bank account statement)
- Income Proof (6-month bank statement, 3-month salary slip, ITR acknowledgement slip)

Can I transfer securities between Demat Accounts?

Yes, you can transfer securities between Demat Accounts through a process called Inter-Depository Transfer. This allows you to move securities from one Demat Account to another, provided both accounts are linked to different depositories (NSDL or CDSL).

Is there any cost involved in opening a Demat Account with PennyPal?

With PennyPal, Opening a Demat Account is Absolutely Free! There are no charges for opening a Demat Account, making it accessible and cost-effective for investors like you. Start your investment journey with PennyPal today.

PennyPal

PennyPal is a discount broking platform meticulously crafted and proudly presented by LKP Securities Ltd., Penny Pal is your gateway to affordable and efficient trading in the financial markets with Paltech driven investment solution platforms.

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LKP Securities Ltd: Single SEBI registration number for NSE/BSE/MSEI: INZ000216033 | CIN L67120MH1994PLC080039 and Maharashtra GSTIN No: 27AAACL0963A1ZZ Research Analyst registration number: INH00001758 | DP registration number: CDSL No.-IN-DP-705-2022 | PMS registration number: INP000005299 | Registered Office : 203, Embassy Centre, Nariman Point, Mumbai - 400021. | Telephone No: +91 22 4002 4785 / 4002 4786 | Fax No.: +91 22 2287 4787

Attention Investors

Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your

Stock Brokers Can Accept Securities As Margin From Clients Only By Way Of Pledge In The Depository System W.E.F. September 1, 2020.
Update Your Mobile Number & Email Id With Your Stock Broker/Depository Participant And Receive OTP Directly From Depository On Your Email Id And/ Or Mobile Number To Create Pledge.
Pay 20% Upfront Margin Of The Transaction Value To Trade In Cash Market Segment.
Investors May Please Refer To The Exchange's Frequently Asked Questions (FAQs) Issued Vide Circular Reference NSE/INSP/45191 Dated July 31, 2020 And NSE/INSP/45534 Dated August 31, 2020 And Other Guidelines Issued From Time To Time In This Regard.
Check Your Securities /MF/ Bonds In The Consolidated Account Statement Issued By NSDL/CDSL Every Month. .......... Issued In The Interest Of Investors

Disclaimer

Investments in securities market are subject to market risk, read all the related documents carefully before investing.
We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services.
We do not sell or rent your contact information to third parties.
Pay 20% Upfront Margin Of The Transaction Value To Trade In Cash Market Segment.
Please note that by submitting the above-mentioned details, you are authorizing us to Call/SMS you even though you may be registered under DND. We shall Call/SMS you for a period of 12 months.

Verify PAN Card

Personal Details

Bank Details

Nominee Details

Select Segment

IPV & Signature

Enter your PAN card details

Enter Your PAN Card Number *

Enter Your Date Of Birth *

Note: Enter Date Of Birth as per Your PAN Card.

By submitting the above I hereby allow LKP Securities Ltd. To send OTP to my specified mobile no. I allow LKP securities Ltd to Whatsapp/send SMS for updates and notifications on the new products and scheme submitting the above I authorize LKP Securities Ltd to open my account through KRA/CKYC/Digilocker.

Verify PAN Card

Personal Details

Bank Details

Nominee Details

Select Segment

Select DP Package

IPV & Signature

Select Your DP Package

LKP 999

Annual Maintenance Charge

Pay ₹999 (plus 18% GST) and enjoy No AMC for Lifetime

Dematerialization Destate

₹50 per request + ₹3 per certificate

Rejection of ORF

₹30

Rematerialization

₹25 per request + ₹3 per certificate

Rejection of RRF

₹30

Postage/ Courier

₹25

Charges for all related Additional DIS Booklet

₹20

Market transactions per ISIN

₹25

Off Market transaction per ISIN

₹25

Margin Pledge/Pledge Creation / Closure / Invocation

₹25

Billing Cycle

Daily

LKP 500

Annual Maintenance Charge

Free for 1st year and second year onwards ₹500

Dematerialization Destate

₹50 per request + ₹3 per certificate

Rejection of ORF

₹30

Rematerialization

₹25 per request + ₹3 per certificate

Rejection of RRF

₹30

Postage/ Courier

₹25

Charges for all related Additional DIS Booklet

₹20

Market transactions per ISIN

₹25

Off Market transaction per ISIN

₹25

Margin Pledge/Pledge Creation / Closure / Invocation

₹25

Billing Cycle

Daily

BSDA Account

Security Type	Holding Value	AMC
Debt	Upto Rs. 1 L	NIL
Debt	Rs. 1 Lac to Rs. 2 Lacs	Rs. 100
Non Debt	Upto Rs. 50,00	NIL
Non Debt	Rs. 50,001 to Rs. 2 Lacs	Rs. 100

Dematerialization Destate

₹50 per request + ₹3 per certificate

Rejection of ORF

₹30

Rematerialization

₹40 per request + ₹3 per certificate

Rejection of RRF

₹40

Postage/ Courier

₹25

Charges for all related Additional DIS Booklet

₹NIL

Market transactions per ISIN

₹40

Off Market transaction per ISIN

₹40

Margin Pledge/Pledge Creation / Closure / Invocation

₹40

Billing Cycle

Daily

GST and other taxes would be extra on actual basis
BSDA (Basic Services Demat Account)
Individuals shall be eligible to opt for BSDA subject to the following conditions otherwise LKP 500 scheme will be applicable.

All the individuals who have or propose to have only one Demat Account where they are the sole or first holder.
Individuals having any other Demat Accounts where they are not the first holder shall be eligible for BSDA in respect of the single Demat Account where they are sole or first holder.
The individual shall have only one BSDA in his/her name across all depositories.
Value of securities held in the Demat Account shall not exceed Rs. 2 Lakhs at any point of time.

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IPV & Signature

Share your aadhar via digilocker

Enter Your PAN Card Number *

Complete The Digilocker Process in 3 Easy Steps

Enter your
Aadhaar number

Enter OTP received in
your Aadhaar linked
mobile nurnber

Give consent to
fetch your details

Note: You need not have a Digilocker account to Complete this process.

Verify PAN Card

Personal Details

Bank Details

Nominee Details

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IPV & Signature

Tell us a bit about yourself

Name *

Father's Name *

Mother's Name *

What Is Your Gender? *

Are you a politically exposed person *

Are you a citizen of India? *

What is your Annual Income? *

Net worth (As Per Latest Assessment Year)

Education *

Trading Experience *

Occupation *

Description of Occupation *

Marital Status *

Spouse Name *

Do you wish to execute DDPI ?
(What is DDPI?)

Yes

Confirm your Address Details

Permanent Address *

Is this your correct address? *

I hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and I undertake to inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting. I am/we are aware that l/we may be held liable for it.

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IPV & Signature

Enter Your Bank Details

IFSC Code *

Account Holder Name *

Bank Address *

Account Number *

Confirm Account Number *

Select Account Type *

MICR Code *

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Personal Details

Bank Details

Nominee Details

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IPV & Signature

Add Nominee

Would you like to add nominee? *

By clicking on next I confirm that I do not wish to appoint any nominee(s) in my demat account and understand the issues involved in non-appointment of nominee(s) and further are aware that in case of death of all the account holder(s), my legal heirs would need to submit all the requisite documents/information for claiming of assets held in my demat account, which may also include documents issued by court or other such competent authority, based on the value of assets held in the demat account.

Nominee 1

Address same as applicant.

Nominee Full Name *

Date of Birth *

Nominee Email Id*

Nominee Mobile Number*

Relationship with client *

Address1*

Address2*

City*

State*

Pincode*

Country*

Nominee Share % *

Select Nominee Identity Proof *

Nominee Identity Proof Number

Upload Nominee Identity Proof
File types allowed are png, jpg &
the file size should not exceed 4MB
Upload

Add Guradian Details

Guardian Full Name *

Guardian Mobile Number *

Guardian Email Id *

Guardian Date of Birth *

Address of Guardian*

City*

State*

Country*

Pincode*

Guardian Proof Number *

Relationship with nominee *

Upload Guardian Identity Proof (only png, jpg) &
file should be less than 4MB
Upload

Add Another Nominee

Nominee 2

Address same as applicant.

Nominee Full Name *

Date of Birth *

Nominee Email Id*

Nominee Mobile Number*

Relationship with client *

Address1*

Address2*

City*

Nominee Share % *

State*

Pincode*

Country*

Select Nominee Identity Proof *

Nominee Identity Proof Number

Upload Nominee Identity Proof
File types allowed are png, jpg &
the file size should not exceed 4MB
Upload

Add Guradian Details

Guardian Full Name *

Guardian Mobile Number *

Guardian Email Id *

Guardian Date of Birth *

Address of Guardian*

City*

State*

Country*

Pincode*

Guardian Proof Number *

Relationship with nominee *

Upload Guardian Identity Proof
File types allowed are png, jpg &
the file size should not exceed 4MB
Upload

Add Another Nominee

Nominee 3

Address same as applicant.

Nominee Full Name *

Date of Birth *

Nominee Email Id*

Nominee Mobile Number*

Relationship with client *

Address1*

Address2*

City*

State*

Pincode*

Country*

Nominee Share % *

Select Nominee Identity Proof *

Nominee Identity Proof Number

Upload Nominee Identity Proof
File types allowed are png, jpg &
the file size should not exceed 4MB
Upload

Add Guradian Details

Guardian Full Name *

Guardian Mobile Number *

Guardian Email Id *

Guardian Date of Birth *

Address of Guardian*

City*

State*

Country*

Pincode*

Guardian Proof Number *

Relationship with nominee *

Upload Guardian Identity Proof
File types allowed are png, jpg &
the file size should not exceed 4MB
Upload

Congratulations on completing the 1st Step.

Please proceed with E-Signing of the documents to complete the process.

Document Verification

Upload PAN Card

Bank Details

Income Proof

IPV & Signature

Upload Your PAN Card

Upload Proof of Identity (POI)*

Upload

Upload Valid Bank Proof

Select & Upload Document* *

Upload

Document Password*

Upload Valid Income Proof

Select & Upload Document* *

Upload

Please provide password if you are
uploading a password protected file

In-person Verification (IPV)

Let's do a quick in person verification over webcam

Keep your face within the box. Look straight at the camera. Avoid hat, cap or sunglasses. Your face needs to be visible properly

Max Size: 4MB

Having issues with webcam? Switch to mobile for IPV

Upload Your Signature

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upload (.png, .jpg)

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Are You Sure ?

Name As Per PAN

Something went wrong

Let's finish the application

Shubham Saini

Father's Name	:	Sushil Kumar
D.O.B	:	15/07/94
Sex	:	M
Address	:	House NO.8/A, Meerut, Uttar Pradesh, India

Select Brokerage Plan

BROKERAGE MODULE-I

Type of Trade I Transaction Amount / Fees / Brokerage / Charges (GST extra)

Equity DeliveryRs 10.00 per executed order

Equity IntradayRs 10.00 per executed orders

Equity FuturesRs 10.00 per executed order

Equity Options Rs 10.00 per executed order

Currency FuturesRs 10.00 per executed order

Currency OptionsRs 10.00 per executed order

Commodity FuturesRs 10.00 per executed order

Commodity OptionsRs 10.00 per executed order

Square Off by System/ LKPRs. 50/- per Executed Order (in addition to brokerage for all segments)

Call & Trade ServiceRs. 50/- per Executed Order

IPO Bid or AllotmentNil

Buyback/ OFS /TakeoverRs 10.00 per executed order

Above charges do not include taxes. GST at applicable rates shall be applied separately.

Payment Gateway Free per transfer via UPI
Rs. 10/- per transfer via Net banking

Above charges do not include taxes. GST at applicable rates shall be applied separately.

Note- Also note that the brokerage will be charged on both side for intraday as well as delivery trades across all segments.

Select Brokerage Plan

COMMODITY BROKERAGE MODULE-I

MCX Futures0.05%

MCX Delivery0.2%

MCX OptionsMin (Rs.) 80

NCDEX Futures0.05%

NCDEX Delivery0.2%

NCDEX optionsMin (Rs.) 80

ICEX Futures0.05%

ICEX Delivery0.2%

ICEX optionsMin (Rs.) 80

Continue

Please follow the steps:
Click on "Continue"
Click on "Others"
Select the "Aadhar card" option from the drop-down, Fill in the details and proceed.

Note: If the client does not remember the PIN, there is an option to change it by clicking on the "Forgot" button.

Your Image

Are You Sure ?

SEBI circular No’s: SEBI/HO/MIRSD/DoP/CIR/2022/44 Dated April 04, 2022

The use of DDPI (Demat Debit & Pledge Instruction) will be limited only for below four purposes to authorize LKP Securities Ltd. to access your Demat account only to meet:

Pay-in obligations for settlement or deliveries of trades executed by you.
To pledge/re-pledge securities to avail margin on trades.
Mutual Fund Transactions being executed on Stock Exchanges order entry platforms.
Tendering shares in open offers through Stock Exchanges platforms.

Kindly note that once you click on ‘Proceed’ button and move forward, you will not be able to change the DP Scheme.

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Penny Invested

Penny Earned

Penny Invested

Penny Earned

Penny Invested

Penny Earned

Penny Invested

Penny Earned

Put all your money to work by opening a demat account.

Step 1

Step 2

Step 3

Step 4

Take leverage of a Pal Tech platform to invest and trade your money in a smart way.

Pal Tech

Stocks

Futures & Options

Commodities & Currency

Simplify Your Investments with our All-in-One App

With every investment, save* an extra penny

Account Opening & AMC

Brokerage

Brokerage

PennyPal: Your trusted companion for every investment choice.

Stay Connected with Exclusive Newsletters from Your Trusted Pals.

FAQs

What documents are required to open a Demat and Trading Account?

Can I transfer securities between Demat Accounts?

Is there any cost involved in opening a Demat Account with PennyPal?

Compliance Officer Details

In case of grievances for Securities Broking /DP

Other Links

Attention Investors

Disclaimer

Enter your PAN card details

Select Segment(S)

NSE

BSE

MCX

Equity

Futures & Options

Commodity Derivative

Currency Derivative

Mutual Fund (MF)

SLBM

Cash-MTF

Equity Plan

Upload Valid Income Proof

Equity Plan

Commodity Plan

Select Your DP Package

LKP 999

LKP 500

BSDA Account

Share your aadhar via digilocker

Complete The Digilocker Process in 3 Easy Steps

Tell us a bit about yourself

Confirm your Address Details

Enter Your Bank Details

Upload Valid Bank Proof

Add Nominee

Nominee 1

Add Guradian Details

Nominee 2

Add Guradian Details

Nominee 3

Add Guradian Details

Upload Your PAN Card

Upload Your Signature

Upload a high-resolution scan of your signature. Make sure your handwritten signature matches your PAN card signature.

The uploaded image must not be distorted, hazy, or blurred.

In-person Verification (IPV)

Max Size: 4MB

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