Frequently Asked Questions

What is a demat account?

A demat account holds your shares and securities in electronic form. You need one to buy stocks, mutual funds, bonds, and ETFs on Indian exchanges.

How much does it cost to open a demat account?

Most discount brokers offer free account opening. Annual maintenance (AMC) ranges from ₹0-₹750. Some brokers charge ₹200-₹300 for account opening.

What is the difference between a demat account and trading account?

Demat account stores your securities. Trading account is used to place buy/sell orders. You need both to trade. Most brokers open both together.

Can I have multiple demat accounts?

Yes. There is no legal limit. Some investors use different brokers for different purposes (one for long-term, another for trading).

What documents do I need?

PAN card, Aadhaar (for eKYC), bank account details, and a recent photograph. Most brokers offer instant digital account opening via eKYC.

Is my money safe in a demat account?

Securities in demat are held by NSDL/CDSL (depositories), not the broker. Even if the broker shuts down, your securities are safe. Cash balance should be kept minimal.

Demat Account
4/5
Sharekhan logo

Sharekhan

Sharekhan

One of India's oldest brokers, now owned by BNP Paribas. Full-service with research.

Account Opening

₹0

AMC

₹0

Equity Delivery

Zero

Intraday

₹20 per order

Open your demat account in 15 minutes

OPEN ACCOUNT FOR SHAREKHAN
100% Digital • Paperless KYC

Trading Platforms

Sharekhan App

TradeTiger

Key Features

  • BNP Paribas backing
  • Long track record
  • TradeTiger platform
  • Full research & advisory

Fee Structure

Fee TypeAmount
Account Opening₹0
Annual Maintenance₹0
Equity DeliveryZero
Intraday/F&O₹20/order

Pros

  • BNP Paribas backing
  • Long track record
  • TradeTiger platform
  • Full research & advisory

Cons

  • Higher AMC Rs 400
  • Higher brokerage
  • Dated interface
  • Complex fee structure
InvestingPro Verdict

Sharekhan

4.0
Features4.2/10
Pricing4.8/10
Platform4.1/10
Support3.8/10

Sharekhan by Sharekhan is a solid choice for Indian investors looking for a reliable trading and demat account. With equity delivery brokerage at Zero and intraday at ₹20 per order, it offers competitive pricing in the market.

Reviewed by InvestingPro Editorial Team

Was this article helpful?

Ready to Start Trading?

Open your account in minutes

OPEN ACCOUNT

Free account opening • 2-3 min process

Eligibility

Minimum Age

18 years

Required Documents:

  • PAN Card
  • Aadhaar Card
  • Bank Statement

Investment Risk

Trading in securities market is subject to market risks. Read all related documents before investing.

Frequently Asked Questions

What is a demat account?›
A demat account holds your shares and securities in electronic form. You need one to buy stocks, mutual funds, bonds, and ETFs on Indian exchanges.
How much does it cost to open a demat account?›
Most discount brokers offer free account opening. Annual maintenance (AMC) ranges from ₹0-₹750. Some brokers charge ₹200-₹300 for account opening.
What is the difference between a demat account and trading account?›
Demat account stores your securities. Trading account is used to place buy/sell orders. You need both to trade. Most brokers open both together.
Can I have multiple demat accounts?›
Yes. There is no legal limit. Some investors use different brokers for different purposes (one for long-term, another for trading).
What documents do I need?›
PAN card, Aadhaar (for eKYC), bank account details, and a recent photograph. Most brokers offer instant digital account opening via eKYC.
Is my money safe in a demat account?›
Securities in demat are held by NSDL/CDSL (depositories), not the broker. Even if the broker shuts down, your securities are safe. Cash balance should be kept minimal.

Start Investing with Sharekhan

Join millions of investors. Open your account today!

OPEN ACCOUNT
No paid rankings
Methodology disclosed
SEBI-compliant
Editorial standards