Introduction:

All the Traders or Investors who wants to trade in securities market needs to have a DEMAT Account. In this DEMAT account shares or securities are held in electronic form.

In this article we will discuss how to open a DEMAT Account.

Steps:

• Choose a depository participant as per your choice. You can get all the depositories names from the websites like Central Depository Services Limited (CDSL) and National Securities Depository Limited (NSDL).
• Keep the below documents ready

1. Proof of Identity
2. Proof of Address
3. Proof of Income
4. Proof of Bank Account
5. Passport Size Photograph

• Fill the account opening form with the following details:
  1. PAN card
  2. Aadhaar card
  3. Cancelled cheque
  4. Bank statement
  5. Signature
• Check the rules and regulations and give your consent of Agreement
• Complete the Verification process.
• You will get a DEMAT account from your DP with the log in credentials.