Best Demat Accounts in India 2025: If you want to invest in the stock market, mutual funds, ETFs, bonds, IPOs, Sovereign Gold Bonds, or government securities, you’ll need a Demat account. Whether you’re a beginner or an experienced investor, the first step is opening a Demat account.
In this post, we’ll talk about the top Demat accounts in India for 2025 — including their account opening charges, maintenance fees, features, platforms, and trading experience.
What is a Demat Account?
A Demat account, short for Dematerialized account, is used to hold your shares and securities in electronic format. You don’t need any physical share certificates. You can invest digitally in shares, IPOs, mutual funds, ETFs, and more. Demat accounts work with platforms like NSE and BSE to let you trade online easily.
What to Look for in a Good Demat Account
- Low or zero account opening charges
- Minimum annual maintenance fees
- Free or low brokerage for delivery trades
- Easy-to-use mobile app and web platform
- Fast account opening process
- Good customer support
- Safe login and secure transactions
- Support for mutual funds, IPOs, bonds, ETFs, etc.
Top Demat Accounts in India for 2025
| Broker | Opening Fee | AMC | Delivery Charges | Intraday/F&O | Key Features |
|---|---|---|---|---|---|
| Zerodha | ₹0 | ₹300/year | ₹0 | ₹20/order | Kite, Coin, Varsity |
| Upstox | ₹0 | ₹177–₹300/year | ₹0 | ₹20/order | Fast setup, good app, advanced charts |
| Angel One | ₹0 | ₹240–₹450/year | ₹0 | ₹20/order | AI tools, research, user-friendly app |
| 5paisa | ₹0 | ₹300/year | ₹20 | ₹20/order | Value packs, affordable |
| Groww | ₹0 | ₹25/month | ₹0 | ₹20/order | Clean UI, great for beginners |
| HDFC Securities | ₹999 | ₹750/year | ₹0 | ₹25/order | 3-in-1 account, research tools |
Best Demat Accounts Based on Your Needs
1. For Beginners & Mutual Fund Investors
If you’re just starting, Groww is a great choice. Its app is clean and simple, making it easy for new users. There are no charges for delivery trades, and intraday trades cost ₹20. It’s a good option for small and new investors.
Angel One is another good platform with zero delivery charges and AI-based investment advice. The app and website are both smooth and user-friendly.
2. For Active Traders (F&O & Intraday)
Zerodha is a top pick for active traders. Its Kite app is fast and clean. You pay nothing for delivery trades and just ₹20 per order for intraday or F&O.
Upstox is also growing quickly and offers ₹20 per order. The app opens fast, has modern features, and provides a great trading experience.
3. For Bank-Linked (3-in-1) Demat Accounts
HDFC Securities offers a 3-in-1 account (bank, trading, and Demat account in one). It’s convenient for those who want everything connected.
ICICI Direct also provides this feature and is trusted by many investors for its bank-integrated services.
Brokerage Charges
| Broker | Delivery Brokerage | Intraday / F&O Brokerage |
|---|---|---|
| Zerodha | ₹0 | ₹20/order |
| Upstox | ₹0 | ₹20/order |
| Angel One | ₹0 | ₹20/order |
| 5paisa | ₹20 | ₹20/order |
| Groww | ₹0 | ₹20/order |
| HDFC Securities | ₹0 | ₹25/order |
How to Choose the Right Demat Account
- First, know your purpose — what do you want to do with your Demat account?
- Compare brokerage plans that suit your investment style.
- Check for annual charges or any hidden fees.
- Look at how old and trustworthy the platform is.
- Make sure it offers basic services like mutual fund investing, IPO access, and research tools.
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Frequently Asked Questions (FAQs) About Demat Accounts in India (2025)
1. What is a Demat account and why do I need one?
A Demat (Dematerialized) account is used to hold shares and securities in electronic form. You need a Demat account to invest in the stock market, IPOs, mutual funds, ETFs, bonds, and other financial instruments in India.
2. Is Zerodha better than Upstox?
Both Zerodha and Upstox are excellent brokers. Zerodha is known for stability and a clean user interface, while Upstox offers fast onboarding and advanced trading features. Your choice depends on your trading needs.
3. What is AMC in a Demat account?
AMC stands for Annual Maintenance Charges. It’s a yearly fee charged to maintain your Demat account. It varies from broker to broker — some charge monthly, others charge yearly.
4. Can I open a Demat account online?
Yes, almost all top brokers in India offer 100% online Demat account opening. You just need your PAN card, Aadhaar, and a bank account for verification.
5. Which Demat account is best for IPOs and mutual funds?
Platforms like Groww, Zerodha (via Coin), and Angel One provide easy access to IPOs and mutual fund investments, making them ideal for long-term investors.
Kartikeya Bhardwaj is a skilled finance writer with over 3 years of experience covering the Indian stock market, cryptocurrency trends, and personal finance strategies. With a strong grasp of market dynamics and digital finance tools, Kartikeya simplifies complex financial topics into easy-to-understand content for everyday readers.
A graduate with a Bachelor of Computer Applications (BCA), Kartikeya combines technical expertise with a deep passion for financial literacy. His work focuses on helping young investors, traders, and savers make smarter money decisions in today’s fast-moving economy.
Kartikeya is a regular contributor to Paisaverse.in, where he shares timely updates, analytical insights, and practical money tips to empower the Indian financial community.