Which is the best bank to open a Demat account?

It is an old habit to go to a bank for opening trading and a Demat account. But nowadays there are many discount brokers available. With the advancement of technology, traders can trade easily from their mobile or PC without any help from any Relationship Manager. So we suggest opening your Demat a/c with good brokers like Zerodha, Upstox, 5Paisa, Fyers, etc.

Where should I open a Demat account?

In our last answer, we already recommended discount brokers like Zerodha, Upstox, 5Paisa, Fyers, etc for opening your Trading and Demat a/c.

How can I open a Demat account?

You need to contact a good broker for the opening of the Demat a/c. They will ask for some documents . Nowadays accounts can be opened online or offline. The online account opening process is much faster. In either case, you need to provide your Photographs, PAN card, Aadhaar card, cheque leaf, and bank statement for opening the account.

What is the use of a Demat account?

We need a bank a/c to keep our money. Similarly, we need a Demat a/c to keep the share that we possess. These shares are kept in this account in a dematerialized form. When we sell these shares, the shares go out of the Demat, and the sold value (money) is credited to the linked bank a/c .

Is the Demat account free?

Few brokers offer the opening of free Demat a/c. Some of the names on this list are Upstox, 5Paisa, Fyers, etc.

Where to Open Demat Account in 2026?

April 25, 2026February 20, 2018 by Indrajit Mukherjee

In this article, we will discuss a very basic topic, where to open a Demat account? We will try to provide basic and elementary information on this subject of Demat a/c. In fact, this is the most basic subject for a newcomer who wants to start trading or investing in the stock market. Register Your … Read more

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