Thinking of trading in the stock market but confused about the nitty gritties?AnandRathi is here to assist you. From helping you understand the basics to executing your plans, we make complicated finance, easy and simple. We just don't offer services; we live the trading experience with you.

Why ask Google about a Demat Account, ask us!

What is aDemat Account?

A demat account is your first step into the trading world. Just like a bank account, this is the most secure way of holding securities. It contains all the electronic certificates of all your shares, bonds, government certificates, exchange-traded funds and mutual funds. Your demat account number is quoted for reference for all your transactions online in the trading world. With a demat account, you can carry out immediate transfers and trades, while on the go. To add to that, you save on having to travel to the stock market to carry out transactions and on the stamp duty needed for the transfer of shares. If you’re interested in trading on India’s stock exchanges, you’ll need to start by setting up your demat account.

Here’s a quick tour of the process to open a Demat Account.

Please fill an account opening form along with scanned copies of passport size photographs, proof of identity (driving license/Aadhar card /voter’s id), proof of address (driving license/passport/aadhar card/voter’s id) and PAN card and submit it forverification.

Read through the rules and regulations, the terms of the agreement and the charges that will be levied.

An In-Person Verification will be carried out by the DP's staff.

An approval will ensure you receive an account number or client ID. These details are necessary to access your demat account online.

Opening a demat account does not require any balance of shares nor does it require a minimum balance to be maintained.

Types of DematAccounts

Repatriable Demat Account

If you are considering transferring your funds abroad in the future or have funds from abroad that you would like to transfer here, you will need a Non-Resident External bank account, which is permitted to hold such funds. The proceeds of any trading carried out through a repatriable demataccount is credited within so if the need arises you can effortlessly transfer it abroad.

Non-repatriable Demat Account

Non-repatriable funds cannot be transferred abroad and are kept in a separate bank account. Whatever investments are made are stored in an NRO bank account. You can transfer money from an NRE account into an NRO account. However, once transferred it cannot be transferred back into the NRE account.

Here are some benefits you enjoy when you open an online Demat account with Anand Rathi

Free Account Opening to encourage you as you take your first step into the world of trading.

Quick & Easy Sign-in process, making the process hassle-free.

Multiple Products as per investment needs for a customized trading experience.

In-depth Market Research & Analysis, so you can make informed decisions that set you up for success.

The entire world of finance is online, what’s stopping you from goingonline?