Invest Right, Invest Now
Demat Account
within minutesAMC & charges* on Mutual Funds and IPO
Per order on Equity, F&O, Commodity and Currency
By submitting your contact details, you authorize Upstox to contact you even if you are registered on DND & conduct online KYC for trading & demat account opening as per KRA regulations and PMLA guidelines.
Loved & Trusted by 1cr+ Indians
Average App Rating
Backed by Ratan Tata
1/7
Enjoy Top Rated Mutual Funds shortlisted based on in-depth risk and return analysis and save up to 2% commissions by investing in them
2/7
3/7
Analyse trends and get trading ideas from our Option Chain with Greeks, PCR, Max Pain. Also view Futures Heatmaps and enjoy a dedicated F&O Discover section
4/7
5/7
6/7
7/7
How to open demat account?
Quick & Secure Onboarding
Verify KYC and bank details
eSign your form and documents
Download the app & start trading
All data is stored safely with encryption as per regulatory guidelines.
Why Open An Upstox Demat Account
You can Invest, Trade, Learn & Track Your Wealth all from one account.
Login to the Upstox Android and iOS mobile app, web platform and TradingView advanced web platform with just your biometrics and mobile number. Enjoy QR code logins on web.
Upstox For Investors for a magically simplified investing experience and Upstox Pro For Traders for advanced and powerful trading made simple
Effortlessly discover Stocks and Mutual Funds via smartlists. Discover Futures and Options from a one of a kind Option Chain. And enjoy the latest news, historical data, fundamental data and summarised technical analysis for informed decisions.
Know more about Demat Account
Everything you need to know about opening a Demat Account
A Demat (short for Dematerialized) is an electronic account used to hold and manage investments like Stocks, Bonds, Mutual Funds in a digital format. Just as you need to have a bank account to deposit your money and earn interest, you need to open a Demat account to buy or sell financial securities such as Stocks, Mutual Funds, Equity Traded Funds (ETFs), SGBs and more. When you buy stocks or shares, they will get credited to your account.
When you sell the stocks or shares you have purchased,they will get
debited from your account.
By opening a Demat account, you do not need to transfer your share
certificates physically to the buyer. You need to link your bank
account with your Demat account, through which you can easily buy and
sell shares. It does not only save your time, but it also reduces the
transaction cost.
There are many benefits of opening a Demat Account on Upstox. Let’s look at a few of them
- Easy Tracking Demat accounts make it easier to track & monitor your investments online
- Reduces Risks No risk of theft, forgery or misplacing your investments
- Saves Time Lesser time to buy and sell investments online instead of physical transactions
Opening a Demat Account requires just 2 documents: PAN + Aadhaar
- If you already have a Demat account with another broker: No need to reupload these documents, they will be fetched automatically from the central KYC agency.
- If you do not have a Demat account with another broker: These documents will be fetched from DigiLocker. For this, Aadhaar needs to be linked with a mobile number.
- Want your Demat account for Futures, Options, Currencies and Commodities?Keep these handy: Salary Slips, Bank Statement or ITR etc.
Account Opening: There are no charges to open an Upstox Demat account
Account Maintenance Charges: While some brokerages may charge an annual account maintenance charge, there are no annual account maintenance charges at Upstox, you can open and use your Upstox Demat account for free.
Commission: There is zero commission when you invest in Mutual Funds or IPOs.
Brokerage Charges: Up to ₹20 on Equity, Futures, Options, Commodity and currency orders.
By opening a Demat account, you do not need to transfer your share certificates physically to the buyer. You need to link your bank account with your Demat account, through which you can easily buy and sell shares. It does not only save your time, but it also reduces the transaction cost.
| Trading | Demat |
|---|---|
| Stores the cash used to buy shares. Any profit and losses from trading reflected here. | Stores the bought shares, bonds, government securities, and Mutual Funds in electronic format |
| Opened via a stockbroker | Opened via a depository participant - CDSL or NSDL |
| Facilitates trading related transactions | Ensures the safety of shares |
Your Demat Account holds all your investments and wealth, so safeguarding it is pretty important. Here are a few pointers to ensure your Demat Account is secure and safe:
- Add a Nominee to your Demat Account. A nominee is the person you legally appoint to own your shares in your absence.
- You can add a Nominee by following these steps
-
Keep your account details confidential
Never share your Upstox Demat and Trading account passwords/PINs with anyone. Update your Upstox App Regularly update your Upstox app for the latest security patches and bug fixes.Beware of phishing attempts! Beware of phishing. Upstox will never ask for passwords/ sensitive details via email/messages. Avoid suspicious links and downloads. Don't click on suspicious links or download attachments from unknown sources Secure your devicesProtect your mobiles/computers with a strong passcode/ biometric authentication for added protection Beware of public Wi-Fi. Avoid using open public Wi-Fi networks when accessing your Upstox app Monitor your account activity. If you observe any suspicious activity, report to Upstox immediately
Awards and Accolades
Most promising broking house of the year
2019
Most promising broking house of the year
2019,2020
Most promising broking house of the year
2020Most promising broking house of the year
2021
Day by day upstox is improving this app just mind-blowing. very smooth and very user friendly for an option trader.
Subhankar DasOne of the best application for investing and trading. UI is very simple. The best thing I love about this app is it's customer executive, they deal with each and every problem you face as early as possible... Thanks for making my investment so easy…
Jitendra kumarThe new Upstox upgrade is great. Company Financials, Charts, News are all in one place. Helped me avoid jumping across apps. Now, I'd like to keep Upstox always running without logging out!
Siva prasadBest app ever! Upstox provides news, charts, summary, P&L, funds balance, etc .. And all features are just amazing. The screen is attractive and easy to use for beginners too.
ManjushreeIn my opinion upstox is the best app I have ever used. Because its customer service is unsurpassed and provides easy interface for users . That's why anyone can run and understand this app without any problem. This app should be the first choice for beginners. And everything from investing to trading is available in this app. My personal favourite is in this app divide into 2 segments. One for investors and another for traders.
Arabinda PandaDay by day upstox is improving this app just mind-blowing. very smooth and very user friendly for an option trader.
Subhankar DasOne of the best application for investing and trading. UI is very simple. The best thing I love about this app is it's customer executive, they deal with each and every problem you face as early as possible... Thanks for making my investment so easy…
Jitendra kumarFrequently Asked Questions about Demat Account
A Demat account is an electronic account used to hold and manage your
investments in a digital format. It's essential for buying,
selling, and holding various financial securities like Stocks, Bonds,
Mutual Funds, and more.
The full form of Demat Account is ‘Dematerialized Account. It's
like a digital wallet for your stocks and investments.
Upstox offers a Demat Account with Zero Annual Maintenance Charges (AMC). This means you don't have to pay any fees for maintaining your account. We follow a pay-per-use model. This means, You will only get charged a small brokerage amount when you place an order. Here is our transparent pricing policy .
Yes, NRIs can open a Demat account in India to invest in Stocks, IPOs, Mutual Funds, F&O and more, but there are some key considerations to keep in mind.
- To get started, NRIs must have either a PIS NRO (Portfolio Investment Scheme Non-Resident Ordinary) or a PIS NRE (Portfolio Investment Scheme Non-Resident External) account.
- Here's a breakdown of these accounts:
- NRE Account (Non-Residential External): This account is designed to hold foreign income, and the funds in it are fully repatriable. This means you can freely transfer money back to your home country.
- NRO Account (Non-Residential Ordinary): On the other hand, an NRO account is meant for holding Indian income. The funds in this account are non-repatriable, meaning you can't easily take the money abroad.
- In addition to an NRE or NRO account, NRIs looking to invest in the Indian stock market through a Demat account must also obtain permission from the RBI (Reserve Bank of India) through one of our partner banks, such as HDFC or Axis Bank. This process falls under the Portfolio Investment Scheme (PIS).
- With a PIS account, NRIs have the flexibility to use funds from both their NRO (non-repatriable) and NRE (repatriable) bank accounts for making investments in India.
You can transfer shares from one Demat account to another via an offline or online process.
Offline via a Delivery Instruction Slip (DIS) included in the Demat account's welcome kit
- Fill in the DIS with details like BO ID, ISIN, DP Name, and Depository
- Choose 'Off Market' if transferring within the same Depository
- Submit the filled DIS to the current broker
- The broker verifies and sends it to the Depository
- Depository transfers shares to the new broker
- Some fees may apply, but closing a Demat account is free with an unused DIS
There are mainly three types of Demat accounts:
Regular Demat account: This
is the standard type of Demat account suitable for individual investors.
It holds various financial instruments like Stocks, Bonds, And Mutual
Funds.
Repatriable Demat account:
This account is for Non-Residential Indians (NRIs) who want to invest in
the Indian stock market using foreign funds. Investments and earnings in
this account can be repatriated (transferred) back to the NRI's
foreign bank account.
Non-Repatriable Demat account:
Similar to the Repatriable account, this is also for NRIs. However,
investments and earnings in this account cannot be repatriated.They must
remain in India.
Nomination is an important aspect of managing your account in your absence, whether it's your bank account, trading account or Demat account.
A nominee is the person or person(s) you legally appoint to own your shares in your absence.
- Adding a nominee can provide peace of mind knowing that your loved ones will be taken care of in case of an unfortunate event
- It can help avoid potential disputes among your heirs about who should inherit your assets
- Saves your loved ones from having to go through tedious paperwork to access your assets in case of your death
- Log in using your 6-digit PIN or Biometrics
- Click on 'Account' and then 'Profile'
- Click 'My nominees' under 'Profile'
- You will be redirected to the 'Nominee details' page, where you will click on 'Add nominee' or 'Opt-out'
- Fill in the nominee details and then click on 'Continue'
- Upload an ID proof of the nominee
- Once the documents are uploaded, enter the 'Nominee share in %' you want to give to that nominee You also have the option to add up to 3 nominees to your account
- 'eSign with Aadhaar OTP
Dematerialization, often abbreviated as ‘Demat’, is the process of converting physical share certificates and securities into electronic or digital form. In this process:
- 1.Physical share certificates are surrendered to a depository participant (DP), typically a bank or financial institution
- 2.The DP verifies the certificates and updates the investor's Demat account electronically
- 3.The investor is then provided with a statement of holdings, much like a bank statement. This reflects their digital holdings in electronic form
Dematerialization eliminates the need for physical share certificates and offers several advantages, including:
- Easy and secure access to holdings
- Reduced risk of loss or damage
- Streamlined trading and investment processes
It is a fundamental aspect of modern stock market and investment practices.