Pre-Conditions for Equibuy

Have a demat account with SHCIL

Get registered with one or more of any of 77 brokers empaneled with SHCIL. Registration with broker not necessary if you are already registered under any of our other product schemes.

Open a running account called "Purchase Advance" by remitting an advance Rs.1,000 by cheque / DD. Replenish the balance when you need to.

Maintain a minimum balance of Rs.250 in the Purchase Advance account.