Open Demat Account Online
₹0
Account Opening
₹0
AMC for First Year
Trade @
₹20
FREE
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Open A Demat Account
Open your Demat Account for Trading & Stock Broking in India
Documents Required for Demat Account Opening
Proof of identity : Aadhar card, Passport, Voter ID, Driving license or PAN card
Proof of address : Aadhar card, Passport, Voter ID, Driving license or Bank account statement
Bank account details: Canceled cheque
Proof of income : ITR return, Recent salary slip, Form 16 or 6 month bank statement
Fees & Pricing
Religare Broking offers affordable & transparent pricing on its demat & online trading offerings with free demat account opening & zero annual maintenance changes for the first year.
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Demat Account Opening
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Rs. 0
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Demat AMC
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Rs. 0 for first Year.
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Applying for IPO
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Rs. 0 (Brokerage will be charged if customer decides to sell the allotted units)
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Brokerage Charges (Equity, F&O, currency & commodity orders)
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Rs. 20 per trade order
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Why Open Demat Account with Religare Broking?
Quick & Easy Account Opening Process
With user-friendly online forms, swift verification, and dedicated support, we make investing hassle-free, allowing you to start trading in no time.
Benefits of 2-in-1 Account
Unlock your online investment potential with Religare Broking’s 2-in-1 account – one-stop destination for Demat cum trading account.
Experience Fast & Proactive Online Trading Platforms
Offering you cutting-edge online platforms: Religare Dynami app and web-based trading.
Research Support
Stay ahead with recent market reports to real-time updates, access to stock screeners, upcoming IPO lists, and personalized research services.
Corporate Action
Count on us for ongoing support post-account opening. From bonus issues to dividends, we handle corporate actions, ensuring your portfolio stays optimized.
Quick & Easy Account Opening Process
With user-friendly online forms, swift verification, and dedicated support, we make investing hassle-free, allowing you to start trading in no time.
Quick & Easy Account Opening Process
With user-friendly online forms, swift verification, and dedicated support, we make investing hassle-free, allowing you to start trading in no time.
Our Investment Options
Get access to a wide range of security investment options with Religare Broking demat account.
Eqity
Mutual Funds & ETFs
Derivatives
Commodities
Currency
IPOs
Debt and Fixed-Income Securities
Start Your Investment Journey Now with Us
What is a Demat Account?
A Demat Account is an account that allows investors to hold their shares in an electronic form in place of physical form. It is an abbreviation of dematerialization Account. In simple terms, It is similar to a bank account, where you hold your money and respective transaction entries are done in the bank passbook. Similarly, securities too are held in electronic form and are debited or credited accordingly. A demat account can be created with zero balance of shares.
To open a new demat account, you need to upload a few documents & perform simple steps of verification. If your account is created with CDSL you will get a 16 digit demat account number or BO ID (Beneficiary Owner ID) or if created with NSDL, you will get a 14 digit ID prefixed with letters “IN” on completion of process of registration.
Types of Demat Account
Regular Demat Account
Ideal for Indian residents, this account is commonly used by traders and investors
Repatriable Demat Account
For Non-Residents Indians (NRIs). It allows for the transfer of funds abroad if needed, requiring a Non-Resident External (NRE) bank account linkage
Non-Repatriable Demat Account
This is used by NRIs but comes with limitations on transfering funds to their home country
Features of Demat Account
Online Trading is convenient
You can easily trade through multiple platforms: Web, Mobile and call & Trade service
Investors can track their investments anytime
Traders are easily accessible; investors can buy and sell securities at any time and anywhere
Investors are able to review all of their options instead of depending on a broker
All the facts and methods to follow a task are stated online and in some simple and user friendly ways.
Faster and Secure Transactions
A point where physical transfers would take one month or so which has become simplified with a cost-effective method as there are no more stamp duties on transfer of securities.
Hassle-free trading experience
You can easily trade through multiple platforms: Web, Mobile and call & Trade service that lets you have hassle-free and convenient handling
Benefits of Demat Account
Benefits of Digitalisaiton
It offers dematerialisation service with which you can store your physical shares into electronic form safeguarding it from loss or theft.
High Accessibility
It offers easy asses to your portfolio holdings. You can use a smartphone, laptop, tablet, or any other device to log in to your demat account. With enhanced accessiblity, you can track your portfolio at all times
High Security
Your securities are always safe in a demat account. These accounts are protected via several layers of authentication to prevent unauthorized access & password – proteced. However, you must not share their passwords with anyone
Seamless Transfer of Securities
It allows faster settlement of trade. When you purchase securities via the brokerage account, they are credited to the demat account. Similarly securities are debited from this account when you decide to sell them in the market.
Single Account for Different Holdings
It allows you to hold different types of assets. You can hold stocks, bonds, mutual fund units, or other securities within the same demat account . Since all your holldings are in one place, tracking them and making informed decisions become easy.
No Stamp Duty Charges
It saves you from stamp duty charges, as they hold securities in electronic form. Since you aren’t holding physical trade certificates, there will be no duty charges . Anual maintenance charges, custodian and other charges are also nominal.
Things to Consider Before Opening a Demat Account
Below are the factors that needs to be considered before applying or choosing a demat account provider:
- Trading Account Facility: It is essential to check whether your demat account provider also offers brokerage account facilities.
- Investment Options Available: Choose a demat provider that also offers an investment platform. A trading or investment platform will help with research, analysis, and informed decision-making.
- Account Charges: Consider the associated demat account charges before opening an account. Service providers apply annual maintenance, custodian, dematerialisation, and other charges.
- Account Security: You must consider the security features. Check for password protection, encryption, and other authentication techniques.
- User Interface: Investors usually log in to their holding accounts through trading platforms. Check the platform’s user interface for easy access to the holding account.
- Customer Support: Choose a stockbroker or depository participant that offers customer support for issues with demat account.
How to protect your Demat Account Fraudulents?
Protecting your demat account from fraud is paramount in safeguarding your investments. Here are some proactive steps to protect yourself from potential scams:
- Maintain vigilance and keep track of your demat account, especially if you’re relocating or not actively trading. Request your depository participant to freeze the account temporarily to prevent unauthorized access.
- Prioritise the security of your login credentials. Refrain from storing them in easily accessible locations and regularly update your passwords to deter unauthorised entry.
- Fortify your account with a strong password, avoiding common phrases or easily guessable combinations. Also, refrain from accessing your Demat account through public or unsecured networks to mitigate the risk of interception.
- Stay vigilant by reviewing account statements diligently and promptly reporting any irregularities to your depository. Ensure your contact details are up-to-date to receive alerts promptly.
- Conduct thorough research on brokerage firms before engaging their services. Verify their credibility, performance history, and market reputation to minimise the risk of fraudulent activities.
Testimonial
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>Important Terms for Demat
- Dematerialisation: Physical securities, including share certificates, are converted into electronic form through dematerialisation.
- Depository Participant (DP): A Depository Participant (DP) is an intermediary registered with a depository that offers Demat account services to investors.
- Beneficial Owner: The beneficial owner is the individual or entity that ultimately owns securities held in a Demat account. They enjoy the rights and benefits associated with the securities, such as receiving dividends and participating in other corporate actions.
- International Securities Identification Number (ISIN): ISIN is a unique alphanumeric code assigned to each security, enabling its identification on a global level. A Demat account’s securities can be tracked and identified with the use of the ISIN.
- DP ID (Depository Participant Identification): DP ID is a unique identification number assigned to each Depository Participant. It, along with the client ID, is used to identify and differentiate Demat accounts maintained by different DPs.
- Client ID: Client ID is a unique identification number assigned to an investor by the Depository Participant. It helps identify and distinguish individual Demat accounts within a particular DP.
- Nominee: A nominee is a person designated by the Demat account holder to receive the securities in case of the account holder’s unfortunate demise.
- Demat Statement: A Demat statement is a document provided by the Depository Participant containing detailed information about the securities held in a Demat account.
- Power of Attorney (POA): POA is a legal document that grants authority to a designated person (often the DP) to manage and operate the Demat account on behalf of the account holder. It facilitates smoother transaction execution and other operational activities.
Frequently Asked Questions
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