Demat Account

Overview

A Demat (Dematerialized) Account is an electronic account that holds your shares, bonds, mutual funds, ETFs, and other securities in digital format. Instead of dealing with physical share certificates, a Demat account ensures secure, convenient, and paperless trading on the stock market.

In India, Demat accounts are managed by two depositories – NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited) – through registered Depository Participants (DPs) such as brokers, banks, and financial institutions.

    Open a Demat Account

    One account ,
    Multiple benefits.

    Seamless Investment Management
    Diverse Opportunities
    Long-Term Value
    Transparency & Security
    Personalized Advisory & Exclusive Access

    Eligibility & Required Documents

    Eligibility Criteria

    ✅ Age: Must be at least 18 years old (Minors can also open a Demat account, but it must be operated by a parent/guardian until the minor turns 18).

    ✅ Residency: Both Indian residents and Non-Resident Indians (NRIs) are eligible.

    ✅ Valid Identity Proof: Must have a government-issued ID (like Aadhaar, Passport, Voter ID, etc.).

    ✅ Bank Account: A valid savings bank account is required for linking transactions.

    ✅ PAN Card: A Permanent Account Number (PAN) card is mandatory for all applicants.

    ✅ KYC Compliance: Applicant must complete Know Your Customer (KYC) verification as per SEBI guidelines.

    Documentation Required

    1. Mandatory Documents

    • PAN Card – Compulsory for all investors

    • Identity Proof – Aadhaar Card / Passport / Voter ID / Driving License

    • Address Proof – Aadhaar, Passport, Driving License, Voter ID, Utility Bill (not older than 3 months), or Bank Statement

    • Passport-size Photograph – Recent color photo

    2. Bank Account Proof

    • Cancelled cheque (with your name printed) OR

    • Latest bank statement/passbook copy

    3. Income Proof (only for Derivatives / F&O Trading)

    • Salary slip (latest 3 months) OR

    • ITR (Income Tax Return acknowledgment) OR

    • Form 16 OR

    • Bank account statement (6 months)

    4. For NRIs (Additional)

    • Copy of passport

    • Overseas address proof

    • RBI approval/Permission letter (if applicable)

    • NRE/NRO bank account details

    Step-by-Step Process to Open a Demat Account

    Fill the Online Application Form

    Enter basic details like name, mobile number, PAN, Aadhaar, and bank info.

    Upload KYC Documents

    Submit PAN, Aadhaar, and bank details digitally.

    Complete e-KYC and e-Sign

    Use Aadhaar OTP or digital signature.

    Verification & Approval

    The DP verifies your details.

    Get Your Demat Account Details

    Receive Client ID and DP ID via email/SMS.