Open Demat Account
Open a Demat account online with any SEBI-registered Depository Participant (broker) using Aadhaar-based e-KYC, needed to hold shares, mutual funds, and bonds in electronic form.
Required Documents
Step-by-Step Process
1
Choose a Depository Participant
Pick a SEBI-registered broker/DP (bank-backed or discount broker) and start the online account opening process on their app or website.
2
Complete Aadhaar e-KYC
Enter your PAN and Aadhaar, verify with OTP, and your identity/address details are fetched automatically.
3
Complete In-Person Verification (IPV)
Complete a short video-based In-Person Verification (IPV) via the broker's app, showing your PAN and a live selfie.
4
e-Sign the Account Opening Form
Digitally sign the account opening agreement using Aadhaar OTP-based e-Sign.
5
Receive Your Demat/Trading Account
Your Demat and linked trading account credentials are emailed within 24-48 hours, ready to start investing.
Pro Tips & Warnings
- Compare Annual Maintenance Charges (AMC) and brokerage fees across DPs before choosing - these vary significantly between full-service and discount brokers.
- You can hold multiple Demat accounts with different brokers, but each attracts its own AMC, so consolidate if you're not actively using all of them.
- Nominate a beneficiary for your Demat account to avoid legal complications for your family in accessing investments later.