Opening a Demat account in India is very easy. Follow this simple step-by-step guide:

 

Opening a Demat account in India is very easy. Follow this simple step-by-step guide:

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📌 What is a Demat Account?

A Demat (Dematerialized) account stores your shares and securities in electronic form. It is required to invest in the stock market.

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📝 Documents Required

You need:

• ✅ PAN Card

• ✅ Aadhaar Card (linked with mobile number)

• ✅ Bank account (with IFSC code)

• ✅ Passport size photo

• ✅ Signature (on white paper)

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🏦 Step 1: Choose a Stock Broker

You can open a Demat account with trusted brokers like:

• Zerodha

• Groww

• Upstox

• Angel One

• ICICI Direct

👉 Discount brokers (Zerodha, Groww, Upstox) usually have lower charges.

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📲 Step 2: Online Registration Process

1. Go to broker website or app

2. Enter mobile number & verify with OTP

3. Enter PAN details

4. Upload Aadhaar (for e-KYC)

5. Fill bank details

6. Upload photo & signature

7. Complete IPV (In-Person Verification – small video selfie)

8. E-sign using Aadhaar OTP

⏳ Approval time: Usually 1–2 working days.

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💰 Charges (Approximate)

• Account opening: ₹0 – ₹500 (many brokers offer free)

• Annual Maintenance Charges (AMC): ₹0 – ₹500 per year

• Brokerage: ₹10–₹20 per trade (discount brokers)

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📈 After Account Opening

• Login to trading app

• Add money from bank

• Start buying shares, mutual funds, IPO, etc.

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⚠️ Important Tips

• Always use SEBI registered brokers

• Check brokerage & AMC before opening

• Keep your login details safe