How to open a Free Demat account in India

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A Demat account stands for Dematerialisation account. It is a frequently used term in the world of trading and investing. It is important for an investor to have a Demat account for investing in equity shares.


  • A Demat account helps investors to trade and invest in equity shares in stock market.
  • Demat account converts the share certificates from physical form to electronic form.
  • Beneficial Owner Identification Number is issued to investors for accessing their Demat account online.

The Indian stock market has been on a steady rise over the past decade, with more and more people investing in stocks and other securities. With the advent of technology, it has become easier than ever to buy and sell stocks online, and one of the most important tools for online trading is a Demat account. A Demat account is an account that holds your securities in electronic form, making it easy for you to trade online. In this article, we will explore the concept of a free Demat account in India and what it means for investors.

A Demat account is essential for anyone who wants to invest in the stock market. It is a secure and safe way to hold your securities, and it eliminates the need for physical share certificates. A Demat account is also necessary for trading in derivatives and other financial instruments. In India, there are many companies that offer Demat accounts, and some of them offer free Demat accounts.

A free Demat account is exactly what it sounds like – an account that you can open without paying any fees. This can be a great option for new investors who are just starting out and want to test the waters before committing to paying fees for a Demat account. Free Demat accounts are also a good option for investors who have a small portfolio and don’t want to pay fees that eat into their profits.

There are a few things to keep in mind when considering a free Demat account. First, while there may be no account opening fees, there may still be other charges that you need to pay, such as transaction charges or annual maintenance charges. It is important to read the terms and conditions carefully before opening a free Demat account, so that you know what charges you may be liable for.

A Step-by-Step Guide on How to Open a Demat Account?

Opening a Demat account is quite a straightforward process. If you’re interested in opening one, this step-by-step guide can help put things in perspective.


How do I open an account online?

To open an account online, you can sign up using your mobile number on website. You will receive an OTP to your number and you can get started with the process.

Open an account

Follow the simple on-screen instructions to open an account. You will be required to enter your PAN, bank account details and personal details to continue with the sign-up. Check out this video walkthrough.

Another thing to keep in mind is that free Demat accounts may not offer all the features and services that paid accounts do. For example, some free Demat accounts may not offer research reports or other value-added services that paid accounts do. It is important to assess your needs and choose a Demat account that offers the features and services that you require.

Some of the companies in India that offer free Demat accounts include Zerodha, Upstox, 5Paisa, and Angel Broking. These companies have gained popularity in recent years due to their user-friendly platforms and low fees. They offer a range of features and services that cater to different types of investors.

In conclusion, a free Demat account can be a good option for new investors or those with small portfolios who want to avoid paying fees. However, it is important to read the terms and conditions carefully and assess your needs before choosing a Demat account. With the right Demat account, you can enjoy the benefits of online trading and take advantage of the opportunities offered by the Indian stock market.

If you face any difficulties while opening an account online, you can call on — 080 47192020 / 080 71175337


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