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What our long-standing customers have to say!

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Shashidhar
Customer since 11+ years

Mobile application is fast. While ordering there is no hiccup and is very easy to use

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Customer since 19+ years

Happy with the research provided via notifications as it has a good success ratio

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Rasulsab
Customer since 7+ years

I am happy with my relationship manager Mr. Shetty. He provides me with proper responses and answers me very respectfully. Also he provides proper stock recommendations or any other updates

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Ajaykumar
Customer since 17+ years

Getting prompt response and support from Branch Manager. Branch staff are very cooperative and knowledgeable, happy with branch people

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Open your FREE Demat Account in simple steps!

Step-by-step guide to open a Demat account

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Frequently Asked Questions

How do I open a Demat account online?
You can open a dematerialised (demat) account online in just 3 simple steps:

a. Enter basic details like mobile number, PAN, DoB
b. Run through the mandatory KYC (Know Your Customer) processes (includes Aadhaar / Voter ID / Driving Licence upload, Selfie upload, Bank details upload)
c. eSign via Aadhaar-based OTP

Click here to open your demat account online and complete your demat account registration without any hassles.

The online demat account opening process is a simple, secure, and 100% digital process.

So, open your demat account with us zero cost and in minutes today. It’s simple, secure, and paperless.

Is opening a Demat account risk-free?

Yes, opening a dematerialised (demat) account in India is completely risk-free and the process to do so is strictly regulated by the Securities and Exchange Board of India (SEBI).

Furthermore, the day-to-day operations and the handing of funds and securities in a demat account are also strictly regulated by SEBI.

The safety and security of your sensitive information is ensured when you open a demat account online with trusted brokers. Our demat account registration is completely SEBI-compliant; moreover, the online demat account process is completely risk-free.


Why do I need a Demat account?

- A dematerialised (demat) account is required to trade/invest in the stock market.
- The purpose of a demat account is to store or digitally hold shares, mutual funds, bonds, and other securities. It eliminates the need for physical share certificates.
- Demat accounts benefit the market participants with a 100% digital and secure facility for transactions in a few clicks.

You can open a demat account securely in minutes. Click here to open a demat account online at zero cost without any hassles and start your investment journey right away.


Can I open a joint Demat account?

Yes, you can open a joint dematerialised (demat) account in India with up to 3 account holders. One can also open a joint demat account with their spouse.

It provides flexibility to investors who need multiple holders/co-holders in the same demat account. To qualify joint account eligibility, all holders must complete their KYC processes.

It just takes a few clicks to open a joint demat account with us, click here to get started on your joint investment journey of building and securing your financial security and stability.


What documents are required to open a Demat account?
To open a dematerialised (demat) account, one must mandatorily submit the documents below for KYC verification:

a. PAN Card
b. Aadhaar Card
c. Bank Proof

Having all the necessary documents for KYC verification ensures quick approval and account activation. Start your investing journey with us and complete the paperless and secure process of online demat account opening here in just few minutes.

How much money is required to open a Demat account?

The cost to open a dematerialised (demat) account varies based on the broker chosen, but it is often ₹0 or a nominal one-time AMC fee.

Most stockbrokers waive the account opening fee and offer opening of a demat account at zero cost.

Open a demat account with Mirae Asset Sharekhan @ ₹0 cost and start your investment journey on the go. Get started here and enjoy access to 3 decades worth of Research access at no cost.


Can NRIs open a Demat account?
Yes, Non-Residential Indians (NRIs) can open a dematerialised (demat) account in India. NRIs can opt for demat account through:

- NRE/NRO Demat accounts
OR
- PIS (Portfolio Investment Scheme)

Having a demat account for NRIs makes it seamless for NRI to start investing in Indian markets.

Options like repatriable Demat accounts allow smooth fund transfers abroad. Among the options, a repatriable Demat account is one of the leading offerings, as it offers the flexibility of seamless and secure fund transfers.

Click here to open your online NRI demat account securely and start your wealth creation journey with Mirae Asset Sharekhan.


What’s the difference between a Demat and Trading account?

The key difference between a dematerialised (demat) account and a trading account is that a demat account holds your shares in electronic form while a trading account facilitates the buying and selling of those shares.

One needs to have both demat and trading accounts to participate in the stock market. Open your demat account @ ₹0 cost now and start your trading and investment journey with us.


Can I open a Demat account without trading?

Yes, you can open a dematerialised (demat) account without trading. It is primarily useful for investors holding shares without trading them. It is suitable for long-term investors and allows them to securely store shares without active trading. It works like a passive demat account.


How long does it take to open a Demat account?

As long as you are KYC-compliant and an individual investor, opening a demat account will take you 5 to 15 minutes on a working day (not weekend or public holidays).

Click here for quick, 100% online demat account opening in just a few minutes.


What is the minimum balance to open a Demat account?

Dematerialised (demat) accounts do not usually require a minimum balance. Many stockbrokers offer zero balance demat accounts.

Low-cost demat accounts are suitable for beginner or casual investors looking to learn the markets and start trading and investing. No minimum investment is required to open or maintain such demat accounts.

Start your investment journey and open your ₹0 online demat account with us now to enjoy zero balance benefits.

^Mirae Asset Sharekhan has been ranked as India’s No.1 Retail Broker by Asiamoney Brokers Poll 2023.
Our research team members have been top ranked for India under Best Analysts/Commentators category in the Asiamoney Brokers Poll 2023.

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Terms & Conditions
*Account opening charges are NIL. There is no AMC charged on Demat account for the first year. All other charges will apply as per agreed tariff rates
#App rating is an average of last 9 months as on April 6, 2025, on Google Play Store for India region
^Mirae Asset Sharekhan has been ranked as India’s No.1 Retail Broker by Asiamoney Brokers Poll 2023.
MTF (Margin Trading Facility) is subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the Terms and Conditions mentioned in the Rights and Obligations statement issued by Sharekhan Ltd.
Registered Office Address: Sharekhan Limited, 1st Floor, Tower No. 3, Equinox Business Park, LBS Marg, Off BKC, Kurla (West), Mumbai 400 070.
Correspondence Address: 10th Floor, Gigaplex Bldg. No. 9, Raheja Mindspace, Airoli Knowledge Park Rd, MSEB Staff Colony, TTC Industrial Area, Airoli, Navi Mumbai, Maharashtra 400708, India. Tel: 022 – 61169000/ 61150000; Fax no. 61169699
Sharekhan Limited - SEBI Regn. Nos.: BSE/ NSE/ (CASH/ F&O/ CD)/ MCX - Commodity: INZ000171337; BSE 748 – CASH/ FAO/ CD NSE 10733 – CASH/ FAO/ CD MCX 56125 – Commodities; DP: NSDL/ CDSL-IN-DP-365-2018; PMS: INP000005786; Mutual Fund: ARN 20669 (date of initial registration: 03/07/2004, and valid till 02/07/2026); Research Analyst: INH000006183; IRDAI Registered Corporate Agent (Composite) License No. CA0950, valid till June 13, 2027. For any complaints email at igc@sharekhan.com.
Compliance Officer: Mr. Joby John Meledan; Email ID: complianceofficer@sharekhan.com; Tel: 022-62263303
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please refer the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do's and Dont's issued by Stock Exchanges and Depositories before trading on the Stock Exchanges. For commodities derivatives, please note that Commodities Derivatives are highly leveraged instruments. PMS is not offered in Commodity Derivative Segment by Sharekhan Limited. Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully. Brokerage will not exceed SEBI prescribed limit. This information is only for consumption by the client, and such material should not be redistributed.
Mutual funds disclaimer: Mutual Fund investment are subject to market risk. Read all the scheme related documents carefully before investing. For more details click here
For Portfolio Management Services - The value of the portfolio investments may be affected generally by factors affecting financial markets, such as price and volume, volatility in interest rates, currency exchange rates, changes in regulatory and administrative policies of the Government or any other appropriate authority (including tax laws) or other political and economic developments. Consequently, there can be no assurance that the objective of the Portfolio would achieve. The value of the portfolios may fluctuate and can go up or down. The inability of the Portfolio Manager to make intended securities purchases due to settlement problems could cause the portfolio to miss certain investment opportunities. No claims may be made or entertained for any variances between the performance depictions and individual portfolio performance. Neither the Portfolio Manager nor Sharekhan, its Directors, Employees or Sponsors shall be in any way liable for any variations noticed in the returns of individual portfolios. The Client shall not make any claim against the Portfolio Manager against any losses (notional or real) or against any loss of opportunity for gain under various PMS Products. There is no assurance or guarantee that the objectives of the portfolio will be achieved. Please note that past performance of the financial products, instruments and the portfolio does not necessarily indicate the future prospects and performance thereof. Portfolio Manager's investment decisions may not be always profitable, as actual market movements may be at variance with anticipated trends. The investors are not being offered any guaranteed or assured returns. The services are not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject the Sharekhan and affiliates to any registration or licensing requirement within such jurisdiction.