Why Open a Demat Account with Choice ?

Quick & Secure Online Account Opening

Quick & Secure Online Account Opening

Open your demat account in just 5 minutes with our paperless process

Multiple Financial Investment Options

Multiple Financial Investment Options

Access stocks, commodities, derivatives, IPOs, mutual funds, and more

Access to Expert Research & Analysis

Access to Expert Research & Analysis

Enhance returns and lower down risk by investing in various debt instruments

Low & Transparent Brokerage Charges

Low & Transparent Brokerage Charges

Enjoy competitive rates with no hidden fees

Next-Gen Trading Platform & Tools

Next-Gen Trading Platform & Tools

Use advanced tools like Advanced Option Chain for informed decisions

PAN India Branch Support

PAN India Branch Support

Get assistance from our 000+ local branches across India.

Leading

Full-Service Broker

Strong

Research Desk

41,100 Cr.

Asset Under Management

SEBI-Registered

Secure & Compliant

Free Demat Account with Low Brokerage Charges
  • AMC for 1st Year
  • Auto Square-off Charges
  • Call & Trade Facility
  • Research Calls & Tools

Wallet-friendly Brokerage Because We Care

Place orders with low DP and brokerage charges

View Detailed Charges

Explore Multiple Financial Investment Options

Trade in a variety of financial products with Choice demat account

Stocks

Stocks

Commodities

Commodities

Derivatives

Derivatives

Forex

Forex

Mutual Funds

Mutual Funds

IPO

IPO

ETF

ETF

Bonds

Bonds

Corporate FDs

Corporate FDs

Loan

Loan

How to Open a Demat Account Online

Opening a Demat account with Choice is fast and paperless

How to Open a Demat Account Online
  • Step 1
    Register with Your Mobile No.

    Instantly register with quick OTP verification

  • Step 2
    Complete KYC Process

    Upload your identity, banking & other details securely

  • Step 3
    E-Sign via Aadhar

    Activate your demat account instantly with Aadhaar-based e-sign

Free Demat Account with Value-Added Services

Get expert Intraday and F&O calls to boost your trading potential.

BUY

NIFTY

NIFTY CE 25450.00
217.70

3.95 (1.85%)

195.00

Entry Price
265.00

Target Price

Potential Return

21.73%

BUY

NIFTY

NIFTY CE 25400.00
250.65

5.80 (2.37%)

195.00

Entry Price
265.00

Target Price

Potential Return

5.73%

Mr. Sumeet Bagadia
Mr. Sumeet Bagadia

Executive Director & Head of Technical Research

Choice Blog

Stay ahead with our latest blogs on finance and investment

Why Choose Choice for Your Free Demat Account?

Established in 1992, Choice is India's fastest-growing brand in finance, combining innovative fintech solutions with personalised expertise.

13L+

Satisfied
Clients

192

Local
Branches

53K+

Choice
Franchise

5K+

Employees

Awards and Recognition

MCX Awards 2022

MCX Awards 2022

Gratitude Award

Gratitude Award

Achievers Broker’s Club

Achievers Broker’s Club

New to Investing?

Discover how a Demat account simplifies your investment journey.

What is a Demat Account?

What is a Demat Account?

A Demat short for Dematerialised account is your digital vault to store and manage stocks, bonds, and other securities. It's essential for anyone looking to invest in the Indian stock market

Know More

Free Demat Account FAQs

Opening a free Demat account is simple, first, you will need to select a Depository Participant (DP) such as Choice. Always choose one that offers you value through low brokerage and DP fees, next-gen platform, and end-to-end customer support. Next, complete the online account opening process that requires registration, KYC (Know Your Customer) verification, and e-signing the application form. And you're done.

Your account will be activated within 4 hours of complete document submission. You'll receive an email confirmation once the account is active. In some cases, if additional verification is required, it may take up to 24 hours.

Yes, you can open a demat account for free with Choice. You get free Annual Maintenance Charges (AMC) for the 1st year and trade at nominal brokerage charges. However, regulatory charges and taxes as applicable will be levied on your trades.

Absolutely! Following the simple steps above, you can easily open a free demat account online. The entire process is paperless and takes about 10 minutes.

To open a free demat account, you must be:

  • An Indian citizen residing in India
  • At least 18 years old
  • Have a valid PAN card and address proof (Aadhaar, Voter ID, Passport, or Driving License)
  • Have a valid mobile number and email ID
  • Have a bank account in your name

Yes, you have two options:

  1. Open a new free demat account with Choice and transfer your shares.
  2. Merge your old demat account into a new Choice account.

Our customer support team can guide you through the process. Depending on your previous broker's policies, please note that charges might be associated with closing your old demat account.

A Demat account holds your securities electronically, similar to a bank account holding your money. A trading account is used to buy and sell securities in the stock market. At Choice, we provide both accounts, seamlessly integrated for a smooth trading experience.

Your Demat account with Choice is highly secure. We use 256-bit encryption for all transactions, and two-factor authentication for logins, and are compliant with all SEBI regulations. Your securities are held with CDSL or NSDL, which are government-approved depositories.

Yes, you can hold multiple demat accounts with different brokers. However, each account will have its own charges and maintenance requirements. With Choice's comprehensive offerings, most investors find that a single account meets all their needs.

Your free demat account remains active even if you don't trade. However, from the second year onwards, Annual Maintenance Charges will apply unless you meet certain trading volume criteria. We recommend reviewing our charges page for the most up-to-date information.

You can transfer shares through the Delivery Instruction Slip (DIS) method or online through CDSL's easiest facility. Our customer support team can guide you through the process step-by-step to ensure a smooth transfer.