How can I open a Demat account in HDFC for free?
A request to open a Demat Account with any DP can be applied for online as well.
- Visit your chosen DP’s website.
- Click on ‘open Demat Account’ tab and submit the following details.
- Name.
- Email ID.
- Mobile Number.
- One-time password (OTP) that you will receive.
- City.
Which bank Demat account is free?
Bank Demat Account Charges (3-in-1 Account Charges)
| Rank | Broker | Acct Opening Fee |
|---|---|---|
| 1 | ICICIdirect | Rs 0 (Free) |
| 2 | HDFC Securities | Rs 999 |
| 3 | Kotak Securities | Rs 0 (Free) |
| 4 | AxisDirect | Rs 900 |
Is Demat account free?
Yes, the Demat account opening is free of cost. However, there a few additional charges. An Annual Maintenance Charge or AMC. Pay Rs 0 during the first year and after that, only Rs 20 per month + taxes.
Which bank demat account is best?
Best Demat Account in India – List of Top 10 Demat Account Online
| Rank | Broker | Ratings |
|---|---|---|
| 1 | Zerodha Demat Account | 8.60/10 |
| 2 | Angel Broking Demat Account | 8.30/10 |
| 3 | Sharekhan Demat Account | 8.18/10 |
| 4 | Edelweiss Demat Account | 8.14/10 |
Which is the cheapest demat account?
Upstox Demat Account Upstox is the best platform to open a Demat account in 2021. Upstox charges a Flat Rs. 20 per order irrespective of the trading amount makes them the most affordable platform.
Which is India’s No 1 demat account?
In my opinion, Upstox is the overall best place to create a Demat account in India for 2021. Upstox is a Mumbai-based discount broker company backed by some of the best names like Ratan Tata and used by 40+ lakh traders. Upstox comes with advanced charts and tools alongside low brokerage charges.