Opening a demat & trading account with Lakshmishree (Shree Varahi) is simple and completely online. Follow these steps to get started:

1️.  Visit the Lakshmishree Website:

• Go to www.Lakshmishree.com
• Click on "Open Trading Account" on the homepage.
   

2. Sign Up with Your Phone Number:

• Enter your mobile number and verify it with an OTP sent to your phone.
   

3️ Enter Your Profile Details:

• Provide your full name and PAN number.
   

4️ Complete e-KYC Verification:

• If you have a DigiLocker account, e-KYC will be done quickly.
• If DigiLocker verification fails, you will need to submit a separate KRA (KYC Registration Agency) verification along with an IPV video (10 seconds) for manual verification.
   

5️ Bank Account Verification:

• Enter your Bank Account Number, MICR Code, and IFSC Code.
• Upload a scanned copy of your bank proof.
• Click "Save & Next" to proceed.
• A pop-up will appear where you can verify your bank details before proceeding.
• Lakshmishree will credit ₹1 to your account for verification.
• If the Penny Drop fails, manual bank proof submission will be required.
   

6️ Personal & Family Details:

• Provide details like occupation, marital status, and trading experience.
• Enter your nominee details.
• Enter your father/mother/spouse's name (as per your PAN card).
   

7️ Upload Required Documents:

• Upload scanned copies of your PAN Card and signature on a blank page.
• Choose the market segments where you wish to trade (Equity, F&O, Commodities, etc.).
• For F&O segment activation, you must submit a bank statement as financial proof.
   

8 In-Person Verification (IPV):

• You will be required to capture a live picture for verification.
• Ensure that your camera and background are clear before clicking.
   

9.  E-Sign Process:

• Complete your e-signing using Aadhaar OTP verification.
   

10. Additional Options for Smooth Account Usage:

You will have the option to enable DDPI (Demat Debit and Pledge Instruction) for seamless selling of stocks without reauthorization.
 

11. Final Step:

• Once all steps are completed, your account will be processed.
• You will receive your Unique Client Code (UCC) via email.
• You can then log in to the Lakshmishree trading platform "Shree Varahi" to start trading.
   

📌 Need Help? If you face any issues during the account opening process, contact Lakshmishree’s customer support team for assistance.