Open Free Demat Account

Free Demat Account..

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FREE Moneycontrol Pro subscription worth Rs. 1,999 +
Zero brokerage for 30 days!

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1.What is Demat Account ?

A Demat account (short for Dematerialized account) is an account to hold financial securities (equity or debt) in electronic form. In India, Demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository.

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2.Benefits Of Demat Account.

• Easy and convenient way to hold securities
• Safer than paper-shares (earlier risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc. are mostly eliminated)
• Reduced paperwork for transfer of securities
• Reduced transaction cost
• No "odd lot" problem: even one share can be sold
• Change in address recorded with a depository participant gets registered with all companies in which investor holds securities eliminating the need to correspond with each of them separately.
• Transmission of securities is done by the depository participant, eliminating the need for notifying companies.
• Automatic credit into Demat account for shares arising out of bonus/split, consolidation/merger, etc.
• A single Demat account can hold investments in both equity and debt instruments.
• Traders can work from anywhere (e.g. even from home).

3.Process For Opening Dmat Account.

 Open this link and do the following process.

 Link - Click here.

Electronic demat registration (eKYC)

• If you have soft copies of all your required documents and the Aadhaar Letter as Proof of Address for Know Your Client (KYC), you can register your account online. Simply feed in basic details - such as the email ID and mobile number you’d like to use. In order to receive the OTP, make sure the given mobile number is linked to your Aadhaar Card.
• The next screen should ask you your PAN number for validation.
• After this screen, we come to the most important feature of the account opening process--validation via Aadhaar details.
• Enter your Aadhaar (UID) number, and Upstox will perform all the remaining data validation for you - such as full name, address, age, gender or all the other details will be prefilled.
• Once you upload all your documents, your account registration should be complete. Good luck trading!