The procedure to open a demat account is same online or offline:

Step 1: Fill up demat account opening form

Step 2: Submit Documents

Step 3: In-person Verification

Step 4: Once the process is complete you will be provided with the Account Number / ID.

When you fill up the demat account opening form on any boker website, you will receive a call from
them.

You will need to have a documents like PAN CARD, CANCEL CHEQUE, ID PROOF, and INCOME PROOF
(BANK STATEMENT OR ITR) AND INVESTMENT OR MARGIN CHEQUE. There is also a mandatory in-
person verification required to open a demat account which depends on broker to broker how they
complete few like Zerodha Securities get it done online while get it by sending a relationship manager to
you.

On the completion of the above procedures, you will receive your Demat Account number and Client ID
on your email as well as by post depending on the broker to broker.

If you need to learn about Stock Market Trading Strategies, IPO, Mutual Funds, Options etc. you can try
reading a blog called Daily Capital Market Dose, google for it.

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5 comments from Rutul Shah and more

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Sumit Pednekar, Investor (2013-present)

Updated August 25, 2018

In the demat account, you can hold your shares in dematerialized form. Earlier before technological
advancement shareholding certificates were given to shareholder.

Anyway, to open a demat account & start investing:

1. There are hundreds of DP(depository participants) available in India under CDSL& NSDL. You can
choose any one of them according to your requirements by doing your own research on getting
information from the internet.

CDSL: Central Depository Services Ltd

NSDL: National Securities Depository Ltd

Demat acc. can be open through:

a. Full-service brokers

b. Discount brokers

c. Through Banks … (more)

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Vaibhav Petwal, former Electrical Engineer at Bhushan Power & Steel Ltd. Sambalpur (2014-2018)

Answered September 16, 2016

Originally Answered: What is the process of opening a demat account?

Step 1: To open a demat account, you have to approach a depository participant (DP), an agent of
depository, and fill up an account opening form.

Step 2: Along with the account opening form, you must enclose photocopies of some documents for
proof of identity and proof of address.

Step 3: You will have to sign an agreement with DP in the depository prescribed standard format, which
gives details of rights and duties of investor and DP. You are entitled to receive a copy of the agreement
and schedule of charges for future reference.

Step 4: The DP will then open an account and give you the demat a … (more)

2 comments from Sandeep Palve and more

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Related Questions

More Answers Below

I want to open a demat account for trading purposes. I am new to investment and will not invest more
than 15k, but I heard that the bank charges hefty amounts per transactions. Where should I open a
demat account so that the charges are minimum?

How can I open a demat account through online?

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Rajesh Kumar, Credit Officer at ICICI Bank (2014-present)

Answered November 23, 2019

Originally Answered: Is it possible to open a demat account online?

Yes , it is possible to open a Demat and Trading account online.

In market , we have ‘N” of brokers available but finding the right one is very difficult.

The best and user friendly online Demat & Trading account platform is Zerodha.

Which is the First discount broker and as of now top broker in India, with 1.5+million clients..

Zerodha is the First broker to introduce opening account online with Aadhar OTP and within 24 hours of
time, you will get credentials from next day you can start investing and trading.

Click here to open account instantly Signup and open a Zerodha trading and demat account … (more)

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Paritosh Sharma, Personal Finance writer|Traveller|Foodie and a Movie Buff

Answered December 7, 2020

Originally Answered: Is it possible to open a demat account online?

Greetings,

Yes, nowadays it is easy as like ordering a Pizza from Smartphone!

With Angel broking, you can start trading in stocks, commodities, and currencies with a broking house
having over three decades old expertise in the market. Here are a few of the key features of Angel
Broking:

Cheapest full-service flat charge broker

Free equity investments – No charge involved in delivery trading

Flat Rs 20 per trade for Intraday, Futures & Options, Commodity and currency trading.

Fast account opening proc

… (more)

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Parimal K, Investing in Equity Stocks, IPO, MF, Bonds since a long time

Answered February 5, 2019

Demat account:

According a recent Economic Times report, about 3.76 million fresh demat accounts were opened in the
financial year ending March 31, 2018, surpassing the previous record of 3 million in 2007-08. If you want
to open an online brokerage or a demat account, here are some details to help you for opening a demat
acccount.

Types of brokers:

To invest online, one needs a broking account which can be opened by approaching any of the leading
brokerages such as Sharekhan, Fyers etc.
These broking firms can either be a discount broker or a service broker. The primary difference between
the two … (more)

1 comment from Sandeep Palve

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Priyanka Sharma, Stock market investor

Answered May 18

Firstly, you must to approach a depository participant (DP), that could be a broking firm, a bank or any
agent of depository, and fill up an account opening form. The list of DPs is available in the websites of
depositories: CDSL (Central Depository Services (India) Ltd and NSDL (National Securities Depository
Ltd).

Complete the account opening procedure and as required attach the documents. You will then have to
enclose photocopies of some documents for proof of identity and proof of address with the account
opening form and submit it with the DP. Remember to carry original documents during ve … (more)

1 comment from EARN WHILE YOU LEARN

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Sandeep Nirvan, Owner at Xpertvoice (2017-present)

Answered May 13

Originally Answered: How do I open a free DMAT account?

You can open freeof cost demat account with many brokers.

Few brokers which are offering quite a good deal in Demat services are

Samco Securities

You will get following services at Samco

SEBI authorized demat services.

Zero Demat annual maintenance charges for the 1st year.

Free of cost & seamless transfer of holdings to SAMCO demat account.

Place intraday or positional trades hassle-free across Equity, Futures & Options, Commodity, Currency
segments.

Trading in stocks & derivatives at just Rs. 20 per order.

100% Brokerage Cashback on all orders for the 1st month.

Get up to

… (more)

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Related Questions

I want to open a demat account for trading purposes. I am new to investment and will not invest more
than 15k, but I heard that the bank charges hefty amounts per transactions. Where should I open a
demat account so that the charges are minimum?

How can I open a demat account through online?

What is the best demat account in India in terms of charges, services, and facilities?

What is a demat account and trading account?

Which bank is the best option to open a Demat account in India?

Should I open a DEMAT account?

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