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  • ₹12.5 Per Scrip
  • Limited Time Deal
  • Brokerage on equity
  • Brokerage on other segment
  • Net Banking Charges
  • DP Transaction Charges
  • Limited Time Deal
  • Brokerage on equity
  • Brokerage on other segment
  • Net Banking Charges
  • DP Transaction Charges

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Know more about Demat Account

What is a Demat Account?

A Demat account (short for Dematerialized account) is similar to a bank account – it is used to hold investments in an electronic form. An online Demat account may be used to hold shares or stocks, mutual funds, government securities, ETFs, and bonds.

How to open a Demat Account?

The procedure to open a Demat account just got super simple. You can now open a Demat account in 4 easy steps with the 5paisa app!

  • Download the 5paisa app from Apple Store or Google Playstore.
  • Select the 'Open Demat Account' Option.
  • 5paisa executives will contact you and guide you through the account opening process.
  • Submit the required documents, verify your KYC.

Documents Required to open Demat account

For Individuals, documents required include:

  • PAN Card
  • Address Proof (Aadhaar Card preferred)
  • Proof of Bank Details
  • Income Proof (For derivatives & currency segment)
  • Signature (on blank white paper)

Get the entire list of account opening documents with 5paisa.

Note: If bank verification fails, bank proof is mandatory to submit.

Why open Demat Account with 5paisa?

With the 5paisa app, you can now open a free Demat Account from the comforts of your home. 5paisa takes 0% brokerage fee. Besides being the best free Demat Account in the market, it has a simple interface that is very easy to use. All transactions are paperless. You also get regular updates on the hottest investment opportunities available in the market.

Open a free Demat Account with the 5paisa app today to start trading and generating wealth!

Frequently Asked Questions

A Demat Account is one of the basic requirements to trade online. A Demat Account allows investors to convert physical shares into the dematerialized format and hold them in electronic form. Apart from shares, the Demat Account can also hold bonds, ETFs, mutual funds, gold bonds, and other similar assets with a unique ISIN number.

There is 0 account opening charges with your Demat Account and your Mutual Fund Account. Please check the rest of the charges here

If you are opening an online A/c with us, then once your documents are successfully verified and e-Sign is done, your A/c will be activated within 1 hour. You would receive a welcome email to your registered email id once your account is activated.

Demat or Dematerialization is the procedure of converting physical copies of shares and certificates into digital copies.

You can open All-in-one Investment Account. This is the right choice for you if you wish to invest in stocks directly as well as invest in mutual funds. You get a Trading A/c + Mutual Funds + Demat A/c. You can also open Only Mutual A/c, if you wish to invest only in Mutual Funds.

Anyone can open a demat account with 5paisa – Individual, Corporate, Partnership Firm, Trust, HUF or LLP (Limited Liability Partnership).

Yes, Demat account can be transferred from one Depository Participant to another. For this, you need to submit the closure or transfer request by sending us an email at

No, Demat account is not needed for Mutual Fund investments of any kind including SIP. It is compulsory only for trading in stock market.

It is advisable to get the allotment of an IPO in demat form as the shares issued are tradable only in the demat form. However, an investor has the option to apply and receive the shares in physical form. In any case, for all IPO of any security of issue size of Rs. 10 crore or more, issues have to be compulsorily be only in dematerialized form.

Yes, a Demat account can be opened in single or joint names. A maximum of 3 names can be added in the joint Demat account- 1 main holder and 2 joint holders.

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