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Frequently asked questions

What is Demat Account?

A demat account or dematerialized account is an account which allows investors to hold shares in an electronic form. A depository is similar to a bank. A demat account holds the certificates of financial instruments like shares, bonds, government securities, mutual funds etc. It involves the process of converting physical shares into electronic form for easy access and trading.

How much time does it take to open a demat account?

Once you submit your complete account opening form and upload all the required documents for verification, it takes about 12-24 hours to open an account.

What are the features of Demat account?

Ease of investing in equity market without hassle of holding shares in physical form is one of the main features of Demat account. As stocks are held in electronic format there is no fear of physical damage to share certificates or theft. A demat account is a safe, convenient, and an efficient way of holding your valuable investment certificates/securities.

What documents are required to open a demat account?

Opening a demat account is Aadhaar-based. You just have to keep these documents handy to fasttrack your application: Aadhaar Card, PAN Card, Canceled Cheque and the Latest Bank Statement with IFSC/MICR code.

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