Your All-in-One
Free Demat Account

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.

With 5paisa, you can open a demat account online.

To open a Demat account online with 5paisa one requires:

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

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

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

It is advisable to get the allotment of an IPO in a demat form as the shares issued are tradable only in the demat form.

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

• All your investments are held in an electronic form, which reduces paperwork.
• Eliminates all the risks associated with dealing with physical shares like physical damage or misplacement.
• Ensures the safety of your stocks with no storing risks.
• Supports quick share transfer
• Allows faster transactions, resulting in quick credit for investors
• 5paisa helps you to open a low brokerage demat account  

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

No, you may check the mobile platforms for free before you open Demat accounts. Note that there are no fees required for using the trading software. But there are brokerage charges involved for the mutual fund, Demat transactions, and stock trading.

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 support@5paisa.com

BTST simply stands for Buy today, sell tomorrow. Simply put, BTST trades or orders are the ones where investors or traders can take advantage of short-term volatility. They simply buy today and sell tomorrow. Under this service, investors can sell shares they bought before getting delivered to the Demat account or credited into it.

After creating a 5paisa Demat account, you may get information about the account by logging in. You can know more about the balance by following these steps:
● Go to CDSL
● Demat account login via appropriate details
● Enter ten digit PAN number
● Enter 16 digits Demat number
● Enter DOB
● Complete the Captcha requirements
● Tap to generate the OTP

You will know your balance.

Yes, you can have more than one Demat account. The SEBI, or Securities & Exchange Board of India, has governed the Indian securities market. Note that SEBI doesn't bar people from opening two or more Demat accounts.
Participating in & profiting from the volatile share market requires every investor to have at least one Demat account. So, investors should require creating this account to invest in mutual funds, futures, options, equities, and more.