A Demat Account (Dematerialized Account) is critical for investing in the stock marketplace, IPOs, mutual price range, ETFs, and bonds. It lets in you to maintain shares and securities in digital format, eliminating the need for a physical certificate.
In this guide, we will explain:
✅ What is a Demat Account?
✅ Step-by-step process to open Demat Account
✅ Top Demat Account Apps in India
✅ Charges & Documents Required
✅ Best Broker for 0 Brokerage Trading
What is a Demat Account?
A Demat Account acts like a virtual locker in which your stocks, mutual price range, ETFs, and bonds are stored electronically. It is managed with the aid of Depository Participants (DPs), registered with NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited).
Benefits of a Demat Account:
✅ Easy & Secure – No risk of losing physical share certificates.
✅ Quick Transactions – Buy/sell shares instantly.
✅ Dividend & Bonus Credits – Automatically receive dividends, bonuses, and rights issues.
✅ Loan Against Securities – Use your holdings as collateral for loans.
✅ Access to IPOs & ETFs – Invest in Initial Public Offerings (IPOs) and Exchange-Traded Funds (ETFs).
Step-by-Step Process to Open a Demat Account Online
1️⃣ Choose a Depository Participant (DP)
Select a registered stockbroker or Demat account provider like Zerodha, Upstox, Angel One, Groww, ICICI Direct, or HDFC Securities.
2️⃣ Visit the Broker’s Website or App
Go to the official website or download the trading app to start the account opening process.
3️⃣ Fill Out the Online Application Form
Enter your name, mobile number, email ID, PAN card details, and bank account information.
4️⃣ Upload KYC Documents
Submit the following documents for verification:
📌 PAN Card – Mandatory for all stock market transactions.
📌 Aadhaar Card – For identity and address proof.
📌 Bank Account Details – Canceled cheque or bank statement.
📌 Income Proof (for F&O Trading) – Salary slip, ITR, or bank statement.
5️⃣ Complete e-KYC & Video Verification
Verify your identity through Aadhaar-based OTP authentication or video KYC as per SEBI regulations.
6️⃣ Sign the Agreement & Submit Application
Read and accept the terms & conditions, digitally sign the agreement, and submit your application.
7️⃣ Receive Your Demat Account Details
Once approved, you will receive:
✅ Demat Account Number (DP ID)
✅ Trading Account Login Credentials
✅ NSDL/CDSL Account Access
Best Demat Account Apps in India (2025)
| Broker Name | Trading App | Brokerage | Best For |
| Zerodha | Kite | ₹20 per trade | Low-cost investing |
| Upstox | Upstox Pro | ₹20 per trade | Fast trading platform |
| Groww | Groww App | ₹0 for equity delivery | Beginner investors |
| Angel One | Angel One App | ₹0 for delivery | Full-service brokerage |
| ICICI Direct | ICICI Direct App | ₹20 per order | Banking & stock trading |
| HDFC Securities | HDFC Securities App | ₹20 per order | Integrated with HDFC Bank |
Charges for Opening a Demat Account
| Type of Charge | Amount (Approx.) |
| Account Opening Charges | ₹0 – ₹500 (varies by broker) |
| Annual Maintenance Charges (AMC) | ₹200 – ₹500 per year |
| Brokerage for Equity Delivery | ₹0 – ₹20 per trade |
| Brokerage for Intraday & F&O | ₹20 per trade |
| DP Charges (for Selling Stocks) | ₹13.5 per transaction |
📌 Note: Some brokers offer zero brokerage on equity delivery and free account opening for limited periods.
Why Open a Demat Account with a 0 Brokerage Trading App?
🚀 Save More on Investments – No fees for buying and holding stocks.
📈 Trade More Efficiently – Lower costs mean higher returns.
💰 Ideal for Long-Term Investors – Invest in stocks & mutual funds without paying commissions.
Some of the best 0 brokerage trading apps in India include:
✅ Groww – ₹0 brokerage for stock investing.
✅ Zerodha (Kite) – ₹0 for equity delivery, ₹20 for intraday.
✅ Upstox – Free account opening, ₹20 per trade.
Frequently Asked Questions (FAQs)
1️⃣ Can I open a Demat Account for free?
Yes! Many brokers like Groww, Zerodha, and Upstox offer free account opening with zero annual charges for the first year.
2️⃣ How long does it take to open a Demat Account?
Online account opening takes 5–10 minutes, and verification is usually completed within 24 hours.
3️⃣ Is a Demat Account mandatory for stock trading?
Yes, a Demat Account is required to buy and hold stocks, mutual funds, and ETFs. However, for intraday trading, only a Trading Account is needed.
4️⃣ Can I open multiple Demat Accounts?
Yes! SEBI allows investors to hold multiple Demat Accounts with different brokers.
5️⃣ Which is the best Demat Account for beginners?
For beginners, Zerodha, Groww, and Upstox offer user-friendly apps with free equity delivery trading.
Conclusion: Get Started with Your Demat Account Today!
A Demat Account is the gateway to the inventory market investing in India. Whether you’re investing in stocks, IPOs, ETFs, or mutual price range, having a dependable Demat account app.
