How To Open Demat Account and Invest In IPO On WhatsApp ?
In this article, we are going to discuss about How to Open Demat Account and Invest In IPO On WhatsApp?
When it comes to messaging and other forms of communication, WhatsApp is one of the most popular platforms. WhatsApp is become more than simply a messaging app. People can use WhatsApp Payments to send and receive money via UPI. Users can now invest in initial public offerings (IPOs) and register a Demat account with the latest version.
WhatsApp and Upstox Partner for Payments
The NPCI (National Payments Corporation of India) recently granted WhatsApp authorization to grow its payments user base. The WhatsApp payment service, which uses the Unified Payments Interface (UPI), has been given authorization to increase its user base. Aside from that, WhatsApp Payments has received another significant upgrade.
Upstox, a popular investment platform, has made it more easier to invest in IPOs and register a Demat account. It can be done with Upstox on WhatsApp, which provides end-to-end support for all IPO and investment-related applications. Furthermore, interested investors do not need to register with Upstox to take use of the new service.
These features, according to the company, are available to all investors, whether or not they are enrolled with Upstox. They can now subscribe to any initial public offering (IPO) without ever leaving the WhatsApp chat window during the application process.
Upstox expects a five-fold increase in IPO applications as a result of this collaboration.
How To Open Demat Account On WhatsApp
Did you know, you can now open a Free Demat account and invest money in an IPO via a WhatsApp chat window. Here’s is the process on how to open a Demat account with Upstox on WhatsApp:
Step 1: Firstly, you need to save the Upstox WhatsApp number, which is 9321261098 to your contact
Step 2: Next Step, open WhatsApp -> Go to Upstox chat -> Type ‘Open an Account’
Step 3: Enter your mobile number and verify it with the OTP
Step 4: After that, enter your email id and verify it with OTP
Step 5: Provide your Date of birth.
Step 6: Provide some additional details like PAN, and some more details.
Step 7: After that. You will redirected to the Upstox page to complete setting up the your Demat account.
According Upstox said these services are open to all Upstox registered users as well as non-registered users who have accounts with other brokers is well.
How to Apply for an IPO via WhatsApp on Upstox? | How To Invest In IPO On WhatsApp?
Apart from opening a Demat account on WhatsApp, you can also invest in an IPO from the popular messaging app. Here’s how to do it:
Step 1: Again, You must ensure that you have saved the Upstox Phone number to your contact.
Step 2: Just Send Hi or any other message
Step 3: Here, You will get many options -> Select IPO application
Step 4: Enter your Upstox registered mobile number and OTP -> select on Apply for IPO
Step 5: Next step, Now Select the IPO you wish to subscribe, which will be reloaded to confirm the payment
Aside from opening a Demat account on WhatsApp, you can also invest in an initial public offering (IPO) through the popular messaging app. This is how you do it:
Upstox Customer base
Upstox’s customer base increased by one million in October 2021, bringing the total to over 7 million. By the end of FY2022, the company hopes to have a customer base of 10 million.
Today’s consumers desire on-the-go access to investments, Shrini Viswanath, Co-Founder of Upstox, stated, and we at Upstox try to offer superior technology-enabled investment options to customers.” We have linked with WhatsApp, which is widely utilised by users across the country, in order to grow our customer base in deep India and encourage more millennials to invest.