Loading...
Open Demat account with us and enjoy unlimited benefits

Zerodha

Discount Broker
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee... Read More


Frequently Asked Questions

+

No, you cannot open a Demat account in India without a PAN (Permanent Account Number) card.

According to a SEBI circular in 2007, the PAN card is a mandatory document for all financial transactions in the country, including opening a Demat account. It is required for the purpose of tax identification and compliance with regulatory norms.

+

You need a Demat account for electronic holding and trading of financial securities, providing a secure and convenient way to buy, sell, and manage investments in the digital format.

+

Yes, you can add another person to your Demat account. This process is known as "joint holding" or "multiple holders" in a Demat account. However, the procedure might vary slightly among different brokers or depository participants.

+

Yes, having a Demat account is mandatory to apply for an Initial Public Offering (IPO) in India. A Demat account is required because IPO shares are issued in electronic form and are credited to the investor's Demat account.

+

A Demat (Dematerialized) account is primarily used for holding and transacting in securities such as stocks and bonds in electronic form. Unlike a traditional savings account, a Demat account does not typically offer interest on the holdings.

Explore More FAQs

What is a Demat Account? How to Open & Its Benefits?


A demat account is just a normal account that is used to keep securities in electronic form. Securities can include stocks, bonds, mutual funds, and other investment products. A demat account is important for anyone who wants to invest in the stock market, as it provides a safe and secure way to store your investments.

There are many benefits to opening a demat account. Here are a few of the most important ones:

If you're interested in investing in the stock market, opening a demat account is the first step. There are many different demat account providers to choose from, so it's important to compare your options before you make a decision.


How to open Demat Account :


Here are a few things to keep in mind when choosing a demat account provider:

Once you've chosen a demat account provider, you can open an account online or by phone. The process is usually very simple and straightforward.

After you've opened your demat account with our referral link , Fill the form & we will share you Channel link where you will get the daily tips & info about market via E-mail.

Investing in the stock market can be a great way to grow your wealth over time. By opening a demat account, you can take the first step towards investing in the stock market and achieving your financial goals.

for a Chance to Learn Free Technical Analysis
Subscribe on
YouTube
Follow us on
Instagram
Follow Us on
Twitter
Like Us on
Facebook