HOW TO OPEN DEMATE ACCOUNT//DEMATE ACCOUNT OPEN PROCESS//NIFTY BANK NIFTY NSE BSE
1. Choose a Depository Participant (DP)
A Depository Participant (DP) is an intermediary between you and the central depository (like NSDL or CDSL in India). You can open a Demat account with any of the following:
Banks (e.g., HDFC, ICICI, SBI)
Stockbrokers (e.g., Zerodha, Upstox, Angel One)
Financial Institutions (e.g., Kotak Securities, Motilal Oswal)
Before selecting a DP, compare factors such as:
Charges (annual maintenance fee, transaction fees)
Customer Service
Platform for trading (ease of use, features)
2. Fill Out the Account Opening Form
Once you’ve selected your DP, you need to fill out their Demat account ...