A demat account allows you to hold shares in electronic form. No paper share certificates required. It is also possible to link it to a trading account to buy and sell shares.
Open Demat online today. Simple. You can do KYC, add your bank details, verify your identity and sign forms online.
What is an open demat account?
Opening a Demat account allows you to create an account to hold shares and other securities in electronic form.
Then there is a trading account. It is used to place buy and sell orders in the market.
The two accounts are often hand-in-hand. The trading account helps you to make a trade. Shares are credited to the demat account after settlement.
How to open a Demat Account Online?
- Select a Registered Broker
The first step is to choose a broker or Depository Participant registered with SEBI.
Before you apply, check the broker’s fees, account rules, support and services.
You can also check the registration details on official SEBI, NSDL or CDSL website.
Provide your Mobile Number and Email ID.
Both may require authentication via OTPs. We also use this information to warn and notify you about your account.
Please fill in PAN & Aadhaar details where applicable.
Some brokers might use Aadhaar/DigiLocker for verification. Make sure your name and date of birth match across all records.
If the information is wrong or you give other information, it can slow down the process.
KYC: Know Your Customer. KYC is for identity and address verification purposes
KYC Online SEBI allows the KYC to be done digitally. These could be Aadhaar-based and video-based verification.
You might need to provide:
Address as per PAN Card
DOB (Date of Birth)
Cellphone number
Email ID, Income Details
Please read all details carefully before submitting this form.
This account is used for transferring funds for trading and receiving money after a sale.
Please enter the Account Number and IFSC Carefully.
You may have the choice of adding a nominee.
Please read the nomination rules before you go any further. If you wish to add one, enter the details.
The broker could ask for a photo, selfie, video check or digital signature.
Certain trading sections may also require income proof.
This will enable you to verify your identity and to complete the account setup process.
Please read before you submit the form.
Please verify your PAN , bank account , mobile number , email, and address .
After the verification process is done, the broker will enable your demat and trading account.
Why Digital Verification Matters
It can reduce paperwork by checking on the Internet. It can also help eliminate the need to visit a branch in many cases.
Documents can be checked online. KYC can also be done thru approved digital means.
But investors still have to tread carefully.
Use only the broker’s official site or app. Do not give your password, PIN or OTP to anyone.
How Bajaj Broking Fits In
If you want to Open Demat online then Bajaj Broking is one choice.
It also has mobile and email verification, PAN and Aadhaar checks, bank details, and digital verification in its account opening process.
The platform has a linked trading account to execute market trades.
This may be suitable for investors who prefer a digital way of account opening and trading.
Please read the current broking plan, account charges, product rules and terms on the Bajaj Broking website before applying.
Things to Know Before You Apply
Keep your PAN, Aadhaar and bank details handy.
Use an active mobile number and email ID.
Ensure that your personal details are the same on all your documents.
Please see the charges and terms of account.
Once your account is up and running, create a strong password.
Don’t forget to check your demat statements and trade alerts regularly.
Open Demat online with easy Digital process.
Choose a registered provider. KYC Completed. Enter your bank details. Please do a complete digital check and review the form before you submit.
Then, a connected trading account can help you to place market orders.
Bajaj Broking supports this use case with a digital account opening process. Always check charges, features, and account rules before opening an account.
