Open Demat Account Online with GWC India - Quick and Easy Process
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  • BUSINESS ENQUIRY : +91 80122 78000   CUSTOMER SUPPORT : 044 4032 9999 / 044 4020 5050

Open Demat Account Online

  • What is Demat Account?
  • The dawn of digitalisation in India's stock trading market is credited to the invention of the Demat Account, or the dematerialised account. Through this, users can easily buy and hold shares in an electronic format. Along with shares, a Demat Account also holds investments such as government securities, exchange-traded funds, bonds and mutual funds in a single place.
  • What are the benefits of Demat Account?
  • Lower risk of document loss: In physical bonds and shares, it can be easy to misplace or even lose documents in the event of a disaster that requires you to relocate. Through storing your stocks digitally, you can keep a permanent record for the sake of security. This is far more beneficial than opting for physical formats.
    To prevent fraud: A paperless Demat account can be especially useful. With an electronic record of all the details and data, you can be confident that the shares or bonds held in your Demat account are legitimate and secure. This eliminates any risk of forgery or incorrect information associated with physical share certificates.
    Loan Availability: Your Demat account affords you the opportunity to access various bank loans. By utilizing the securities stored in your Demat account as a security deposit, you can access these loan options from your banking institution. The securities act as collateral and guarantee you access to the funds.
    Cost Effective: Opening a Demat account online has many financial advantages. The use of a Demat account offers more pocket-friendly features and benefits to the investors. By eliminating physical securities, investors don't have to pay customs duties or other handling costs, making it an optimal choice for reducing costs. In essence, Demat accounts pave a way for more cost-effective trading. Time Efficiency: With a Demat account, buying and selling shares can be done quickly and effortlessly, which is not the case with physical share transfers. This allows for greater liquidity of securities since transactions are processed in no time given that all holdings are dematerialized. Thereby providing you with the fasted ways to buy and sell. No TDS on Demat Securities: To avoid Tax Deduction at Source (TDS), the Central Board of Direct Taxes (CBDT) has provided an exemption when making payments from a Demat account. Interest accrued on bonds and securities also remains safe from TDS as long as they are kept in the Demat format, which need to be listed with NSE and BSE. Therefore, it is important to save securities in the Demat mode to exempt oneself from TDS.
  • How to Open a Demat Account?
  • Opening a Demat& Trading account has become a simplified process due to digitization. Choosing a SEBI registered stockbroker and Depository Participant with NSDL and CDSL are necessary first steps in the process of opening a Demat account. Here are the steps to open a Demat account:
  • Visit the Demat Account Opening Form. For those looking to open a Demat account, the first step is to visit the Demat Account Opening Form. Once there, click 'open an account' and begin your application form. Make sure you have your mobile number and email ID ready before you start.
    Input your PAN and other pertinent information, such as address and bank details, onto the platform. This is an essential process in order to link your Demat and trading accounts. Additionally, a valid PAN is required for successful execution of this step.
    Submit scanned documents in order to move forward with the application process, you need to provide scanned documents for KYC authentication. These include proof of income, bank details, and a photograph. Please ensure that the documents are clear and accurate before submitting them.
    Complete the In-Person Verification process (IVP). During this procedure, record yourself for 30 seconds to verify the legitimacy of your documents. Keep your PAN card and other documents near you while recording so that all information can be read aloud clearly.
    You must e-sign the form using your Aadhaar linked mobile number. Utilize a signature on a white background and upload it as an e-signature wherever required in conjunction with your associated mobile number. Review & Submit the application

To open a Demat account, the following documents are required:

  • PAN Card: The picture and signature must be clearly visible.
    Photo: A passport size photograph is needed.
    eSignature: Signature on white background paper
    Address Proof: Voter ID, Driving License, Aadhar Card, Passport, Utility Bill (not more than 3 months old) or last 3 months bank statement is acceptable
    Bank Proof: Cancelled cheque, passbook, bank statement of 6 months with clear visibility of IFSC code and bank a/c number Income Proof (if trading in Futures & Options): Bank statements for 6 months, Net-worth certificate, 3-months’ salary slips, ITR statement or Demat holding statement along with Demat Account opening fees and charges are accepted as proof of income.


  • There are three different types of Demat account which are:
  • Regular Demat account - Stores stocks and securities for Indian citizens. Investors also benefit from reduced risk of theft, damages, or robbery. Repatriable Demat account - Offers Non-Resident Indians (NRIs) a convenient way to invest in the Indian Share Market. NRIs must also have an associated NRE bank account in compliance with relevant Foreign Exchange Management Act (FEMA) regulations. Non-repatriable Demat account - Non-repatriable Demat accounts are an attractive investment choice for Non-Resident Indians who don't want to transfer capital overseas. NRIs may possess up to 5% of the paid-up capital for any Indian company.

It's totally possible to open multiple Demat accounts with different Depository Participants (DPs), or brokers, as long as you link each account to the same PAN number. An investor is limited to one account per DP or broker; however, there are no limits on how many Demat accounts they can open overall. So if you're in need of multiple accounts, rest assured it's very doable!

For students of the stock market, having a trading account and Demat account is crucial. Goodwill Trading Account gives you great features and tools to boost your investment prospects with seamless transactions.

To put it into context, think of it like this: if you had Rs 100 in your wallet, that would be like having stocks in your Demat account. The "money" in your wallet must be taken out first via a trading account – just as money from the Demat account is withdrawn to execute transactions. Don't hesitate and open a trading account with Goodwill today!

Yes, joint Demat accounts are available. All financial accounts—including Mutual Funds, Insurance, Bank Accounts, and Fixed Deposits—are eligible for a joint account. If you and your spouse choose to open one jointly, both must be Indian citizens with valid IDs. Additionally, neither of you can have any adverse credit reports. Please keep in mind that the primary account holder will be the person who is submitting the application.

Account opening


POA Charges

₹ 130 + applicable taxes

Demat AMC

₹ 75 Quarter from 2nd year onwards


Open trading Account

Trading Terminal at free of cost (NEST, Web Trading, Mobile Trading)

Zero Deposit for Account Opening

Online Fund Transfer & Payment on the same day

Free Application Form

Free Training Form

Free Online Trading Software

Free 24*7 Backoffice Support

Free Intraday Tips on Mobile Phone

Free Live Calls and Follow Ups

Low Brokerage and High Exposure

No Hidden Fees,No AMC and No Hidden Charges


Online / NEFT Transfer for withdrawals and deposit
Withdrawls will be credited on Same Day
Lowest Brokerage to Earn Maximum Benefits
Electronic Contract note by Email
Open Demat Account Online - GWC India
Online / NEFT Transfer for withdrawals and deposit
Withdrawls will be credited on Same Day
Lowest Brokerage to Earn Maximum Benefits
Electronic Contract note by Email
Electronic Contract note by Email
Attention Investor
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Prevent Unauthorized Transactions in your Demat account\Trading account: Update your Mobile Number with your Depository Participant\Exchange. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account\Trading account directly from Depository\Exchange on the same day.........issued in the interest of investors.
The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.
Please DO NOT disclose your User ID and/or Passwords to any person, even Goodwill staff never ask you to share the same. Goodwill is NEITHER liable for any loss arising from your sharing of your password with anyone, NOR from its consequent unauthorized use.
Risk Disclosures
on Derivatives
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.