How to Open Demat Account Online?

How to Open Demat Account Online?

The online process is a more convenient way of opening a demat account. Equipped with only a computer/laptop/tab/smartphone, you can open your demat account in a few minutes.

Here are the steps to open a demat account online:

Head to the official website of your preferred DP (such as HKKR Finserv).

Fill out the simple lead form asking for your name, phone number and city of residence. You will then receive an OTP on your registered mobile number.

Enter the OTP and then enter the email where you will receive another OTP which needs to be entered.

Enter your PAN details.

Enter your bank account details

Enter your KYC details via Aadhaar

Upload a selfie and a signature

Your work is almost done. You can complete the verification by e-Sign.

Your demat account is now open! You will receive details such as demat account number on your email and mobile.

Now that your demat account is open, you can activate your F&O trading facility and add nominees.

You can find a more detailed guide to opening a demat account on Angel One in our online user manual.

An investor can have multiple demat accounts. These accounts can be with the same DP, or with different DPs. As long as the investor can provide the required KYC details for all applications, they can open multiple demat accounts.

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