A demat and trading account can be opened in several capacities. The process and the core KYC are the same; what changes is who signs and which extra documents are needed. Below is what is typically asked for — our team confirms the exact list when you apply.
Individual (single holder)
- PAN and Aadhaar (for paperless eKYC), a photograph and signature
- Bank proof: cancelled cheque or recent statement
- Income proof if you want derivatives or commodity segments
- Nominee details, or a signed opt-out
Fully online in most cases: open an account.
Joint account
- KYC documents for every holder (up to three holders in a demat account)
- All holders sign the account opening form; the first holder’s bank account is linked
- Note: the trading account is in a single name; the demat account can be joint
HUF (Hindu Undivided Family)
- PAN card of the HUF and a bank account in the HUF’s name
- HUF declaration signed by the Karta listing the coparceners
- KYC documents of the Karta, who operates the account
Minor
- Birth certificate or other proof of the minor’s date of birth, and the minor’s PAN
- KYC documents of the guardian (parent or court-appointed), who operates the account
- Bank account of the minor
- When the minor turns 18, the account is converted to a regular account with fresh KYC
Company, LLP or partnership firm
- PAN of the entity and its registration documents (certificate of incorporation, MoA/AoA, LLP agreement or partnership deed)
- Board resolution or authority letter naming the authorised signatories
- KYC documents of directors, partners and authorised signatories; details of beneficial owners
- Recent financials or net-worth proof for derivatives segments
NRI
NRIs invest through NRE/NRO bank accounts under FEMA rules, with additional documents such as passport, visa and overseas address proof. See the dedicated guide: NRI investing.
Forms and next steps
Account opening and modification forms are in the Download Center. For anything other than an individual account, call 011 4351 2500 or contact us and a relationship manager will guide the paperwork. Charges are listed on the pricing page.
Frequently asked questions
Can a minor have a demat account?
Yes. A demat account can be opened in a minor's name and is operated by the guardian until the minor turns 18, after which it is converted to a regular account with fresh KYC.
Can an HUF open a demat and trading account?
Yes. The account is opened in the HUF's name using the HUF's PAN and bank account, and is operated by the Karta.
Can a demat account be held jointly?
Yes, a demat account can have up to three holders. The linked trading account is held in a single name.
Which documents does a company need?
Typically the entity's PAN and registration documents, a board resolution naming authorised signatories, and KYC of directors, signatories and beneficial owners. The exact list is confirmed at onboarding.