Why you pay money for opening Demat account where you can open an absolutely free Demat account in just 5 minutes online. You can start investing in just five minutes by opening a Demat account online worth up to 600 rupees.
Demate account opening process was so tough. But now you can open a free Demat account online without paying a single rupee. This process is completely paperless and online. All you need is Aadhaar and PAN card.
What is a Demat Account?
Demat account is an online account where the investor holds their share and sell from it. This Demat account is the same as a bank account.
Demat account is a primary need to enter in Share Market or Stock Market. Without a Demat account, you can't buy and sell shares.
Here are some online discount broker which allows you to open a free Demat account so you can enter in the Indian stock market
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How to Open a Demat account online?
Online Demat account opening is easy and paperless work. All you just need is your Aadhaar card and PAN card. The given below is the list of the online broker which offers to open a free Demat account online.
For any help, questions or information related to Demat account and stock market ask us at [email protected]
Best Free Demat Account in India
This is the list of best Demat account in India -
|Demat Account||Opening Charge||Brokerage Charge|
|5paisa||Free||Flat ₹10 per trade|
|Upstock||Free||Flat ₹20 per trade|
|Zerodha||₹200||₹10 or 0.01 per trade|
How to Open a Demat Account for FREE
Follow the given instructions to open a demate account online -
Open a Demat Account in 5paisa
5paisa is one of the best online discount brokers to open a Demat account and invest in share market. You also can invest in the direct mutual fund for free and without and extra charges or commission.
Follow the step to open a free Demat account -
Step 2 - Enter asked information(Name, Address, Mobile Number, Email Account, PAN etc) and submit it.
Step 3 - Upload the documents, photo, and signature.
Step 4 - Verify them by eSign.
Now your account will be opened shortly. The 5paisa team will call you to guide and inform you.
Open A Demate Account in Upstock
Upstock is low-cost online treading platform for direct invest in Indian stock market. Upstock provides trading on a different segment such as equity, commodities, mutual fund, currency and so more.
Follow this step to open free Demat account in Upstock -
- Go to Upstock site
- Click on 'Open a free Demat account'
- Enter Email Address and Mobile Number and tap on send OTP
- Verify the mobile number and Email ID.
- Provide the required documents
- Proceed for eSign
Now the Upstock team will verify your information and notify you once your account activated.