Opening both demat and trading accounts has become remarkably simple—the entire process completes online in approximately 10-15 minutes. Most brokers bundle these account opening services together, eliminating the need to apply separately.
Required Documents (Must Gather These First)
Mandatory Documents:
- PAN Card (absolutely essential)
- Aadhaar Card linked to mobile number for OTP verification
- Passport-size photograph
- Bank account details—either cancelled cheque or bank statement showing account number with IFSC code
Optional Documents (for specific trading):
- Income proof—ITR (Income Tax Return) acknowledgement, salary slip, or 6-month bank statement (only for Futures & Options trading)
Required documents checklist for account opening
Step-by-Step Opening Process
Step 1: Select a Stockbroker
Choose from SEBI-registered brokers like Zerodha, Angel One, Share India, or Groww. Compare brokerage charges, platform quality, and customer service.
Step 2: Visit Official Website
Navigate to the broker’s account opening section and click “Open Account”.
Step 3: Fill Application Form Online
Enter personal details—name, email, phone number, PAN, Aadhaar, and address.
Complete account opening process workflow
Step 4: Enter Bank Details
Provide bank account number, IFSC code, and link bank account through UPI verification or manual entry.
Step 5: Upload Digital Documents
Upload scanned copies of PAN, Aadhaar, photograph, and cancelled cheque or bank statement.
Step 6: Complete KYC Verification
Perform In-Person Verification (IPV) by recording a short video of yourself according to broker’s instructions.
Step 7: E-Sign Agreement
Use Aadhaar-linked mobile OTP to digitally sign the account opening form.
Step 8: Receive Account Credentials
Within 24-48 hours, receive confirmation email with demat account number, trading account ID, and login credentials.
Important Notes
Linked Bank Account: The bank account must be in the same name as the demat account—mandatory requirement.
KYC Completion: KYC (Know Your Customer) verification is obligatory under SEBI regulations for fraud prevention.
Power of Attorney (POA): After account activation, brokers typically send POA forms requiring signature. This document authorizes brokers to facilitate sell transactions.
No Income Proof Needed (unless trading derivatives): For regular equity trading, income proof isn’t mandatory—only for Futures & Options segment.
Completely Paperless: The entire process happens digitally—no branch visits, no physical document submission required.
Timeline
The complete process—from application to active trading—takes maximum 2-3 business days. Some brokers activate accounts within 24 hours.
First Trade After Account Opening
Once credentials arrive, investors must fund their trading account by transferring money from the linked bank account. Then, place buy/sell orders through the broker’s platform.
Stock market courses in Delhi teach account navigation, fund management, and best practices for secure trading after account activation—ensuring investors maximize their account features effectively.
