Open a free
Demat Account

Start investing in Stocks, Mutual Funds, ETFs & more. 100% paperless, instant account opening.

Zero brokerage on delivery
Paperless KYC
Instant activation

1.4 Cr+

Active customers

₹0

Account opening fee

₹0

Brokerage delivery

5 min

Account activation

SEBI

Registered broker

India's #1Investing Platform
Trusted by 2 Cr+ active investors

Why open demat account on Groww?

There’s a reason millions trust Groww, here’s what makes it better for HUF investing

Free account on BSE & NSE
Trade on both major Indian exchanges with zero account opening fee and zero AMC for the first year.
Zero brokerage on equity delivery
No hidden charges. Buy and hold stocks without paying any brokerage fees on delivery trades.
Instant, paperless onboarding
Complete your KYC digitally in minutes with Aadhaar OTP. No physical documents or branch visits required.
Trusted & SEBI regulated
SEBI registered stockbroker with CDSL depository. Your investments are safe and fully regulated.

How to open your Demat account?

All it takes is 4 easy steps

1

Enter your details

Provide your PAN, email, and basic personal information to get started.

2

Verify with Aadhaar OTP

Complete instant e-KYC verification using your Aadhaar-linked mobile number.

3

Link your bank

Connect your bank account for seamless fund transfers and withdrawals.

4

Start investing

Your Demat account is active. Explore stocks, MFs, ETFs and more.

One account. Many ways to invest.

Access all major asset classes from a single Groww Demat account.

Need a Demat account for a HUF, Trust or Company?

Groww supports all entity types — individual, HUF, corporate, and more.

Individual

For retail investors. Most popular account type for personal trading and SIP.

HUF

For Hindu Undivided Families to manage pooled family investments efficiently.

Trust

Designed for registered trusts and charitable organisations to invest corpus.

Company

Corporate Demat account for private and listed companies investing surplus funds.

Only 4 documents required for demat setup

Your documents, digitally verified in minutes

  • 1

    PAN Card

  • 2

    Aadhaar Card

  • 3

    Bank account details

  • 4

    E-Signature

FAQs

What is a demat account?

Demat stands for dematerialised. It helps to store shares in electronic form.

Why is demat account necessary?

It is manadatory according to Indian stock market regulations to open a demat account before investing in shares or participating in IPOs

What are the documents required on Groww?

The documents required on Groww are PAN Card and one of the following:

  • Valid Passport.
  • Aadhaar Card.
  • Voter ID Card.
  • Driving License.

Does Groww charge for opening a demat account?

Account opening = Rs 0
Annual maintenance charge (AMC) = Rs 0
Brokerage = Rs 20 or 0.05% per order (whichever is lower)
Regulatory & statutory charges, penalties, and GST is extra and depends on the type of order. You can use the brokerage calculator to get an estimate of all the charges involved. Also, you can know all about our charges by reading our pricing section in detail. Click on the button below to go to the brokerage calculator or pricing page.

Go to Pricing

How much time does it take to open a demat account on Groww?

If you are opting for online KYC, it takes less than 24 hours for your demat account to become active.

Am I eligible to open a demat account on Groww?

You can open a demat account for yourself once you turn 18 years old.

Is a demat account necessary for applying for an IPO?

Yes. Demat account is required for all kinds of stock market transactions.

Do I need a demat account for SIP?

A demat account is mandatory only for stock market transactions, not for mutual fund investments (including SIP).

When will the stocks be delivered to my demat account?

The stocks will be delivered at the end of the 2nd day after the transaction (T+2 day). This does not include days when the market is closed.


Note: the stocks will be delivered to your demat as long as you do not sell them before they are delivered.

Where can I see my DP ID, demat details, and other such details?

These details are available under the Personal Details.

  • Select 'Personal Details'
  • On the app, go to 'You'
You will be able to see all details here.

Start your investment journey today

Join 1.4 Cr+ Indians already investing with Groww