Where Wealth Meets Purpose

We bring a refined, boutique approach to the way your wealth is managed—combining research, personalised strategy and curated access. Your financial world, designed to grow with purpose.

Open Demat Account Why JM Financial
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Proven Expertise

Over 38+ years of experience across market cycles—research-driven insights for every condition.

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Research-Driven Strategy

Every investment idea backed by deep research and market intelligence across 15 sectors.

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Comprehensive Product Suite

Stocks, Derivatives, Commodities, Mutual Funds, Bonds, IPO & FPOs—all backed by solid research.

We Bring To You The Bigger Picture

Full-service broking and wealth solutions

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Capital Markets

Equity, ETFs, Commodity, Derivatives, IPO & FPOs, Securities Lending.

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Wealth Management

Portfolio Management, Alternative Investments, Advisory, Legacy Planning.

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Fixed Income

Bonds, NCDs, Corporate FDs—stable, curated ideas for long-term confidence.

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A Legacy of Trust & Expertise

JM Financial Group stands at the helm of India's financial landscape—defined by integrity, insight, and disciplined innovation. With a heritage of excellence and a diversified service model, we deliver end-to-end solutions across investment banking, wealth management, institutional equities, research, trading, and asset management.

38+ Years of Experience
1Lakh+ App Downloads
4.9 App Rating

Open a Free Demat Account

Seamlessly open your demat account. Choose the current form or the DPDPA-compliant version.

DPDPA Compliance Issues

❌ Missing Consent Collection

DPDPA Section 6: Personal data can only be processed for a lawful purpose for which the data principal has given consent. The form collects KYC and personal data without an explicit consent mechanism.

❌ No Purpose Specification

DPDPA Section 4(2): Personal data shall be collected only for specified, explicit and legitimate purposes. The form doesn't clearly specify how the collected data will be used (demat account opening, KYC, regulatory compliance).

❌ Missing Data Principal Rights

DPDPA Section 12: Data principals have the right to withdraw consent, access their data, and request correction/erasure. No information about these rights is provided.

❌ No Data Protection Officer

DPDPA Section 10: Significant Data Fiduciaries must appoint a Data Protection Officer. No contact information for DPO is provided.

❌ Missing Retention Policy

DPDPA Section 8: Personal data shall not be retained beyond the period necessary to satisfy the purpose. No retention period is specified for KYC/demat data.

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How Issues Were Resolved

✅ Multi-Language Support

DPDPA Section 4(1): Personal data shall be collected in a fair and reasonable manner. Form supports multiple Indian languages with dynamic language switching.

✅ Individual Purpose Consent

DPDPA Section 6: Separate consent for "Demat account opening and KYC" with clear "I consent to the processing..." language.

✅ Purpose & Data Element Mapping

DPDPA Section 4(2): Clear specification of purpose (Demat account opening and KYC) with mapped data elements (Email, Name, PAN, DOB, Address, etc.) and retention period (14 days).

✅ Retention Policy (14 Days)

DPDPA Section 8: Specific retention period "14 days from collection date" clearly displayed.

✅ Data Protection Notice

DPDPA Section 4(1): Comprehensive notice explaining data collection, processing, and user rights.

✅ Footer Links (Rights & DPO)

DPDPA Section 12 & 10: Links to "Your Rights under DPDPA" and "Contact DPO" for data principal rights and DPO contact.

DPDPA Compliant Demat Account Form

Sandbox version for testing and development purposes.

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Registered Office

+91 22 6630 3030

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Corporate Office

7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025

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Compliance

Compliance Officer: Amar Agrawal
Tel: (022) 4505 7165