Reasons to Pick IIFL Securities to Open a Demat Account

Expert-backed research and recommendations

years of trust

20+ Lakhs happy customers

Rs 1 lakh crore+ AUM


Customized recommendations

Take the first step of your investment journey with us.

One App for all your needs

One App for all your needs

  • 20+ investing options
  • Research & Advisory
  • Reports & Portfolio updates

Meet our Market Gurus

Mr. Jayesh Bhanushali Asst. Vice President, IIFL Securities

Mr Bhanushli is well known in the industry for his reliable stock calls and recommendations and has an outstanding track record that displays accuracy. Commodity

Our Products:

Explore the market and take your financial journey to new heights with our wide range of products.


  • Attractive brokerage plans
  • 15+ chart styles & 250+ studiess

Check out our attractive brokerage plans.

Our Services:

IIFL Securities comes with a host of services, dedicated to improving the quality of your market research.

Live Chart Access:

Experience lightning fast streaming and view live charts with 230+ indicators.

Live Tracking:

Never miss an update! Track your favourite stocks and set actionable alerts - straight from your home screen.

IIFL Securities App:

Get access to all the research you need and all your investments all in one place!


Who is eligible to open a demat account?

Any citizen of India aged 18 years and above can open a demat account individually or jointly with another person. Even minors can open one via their guardian.

Is a demat account the same as a trading account?

No. A Demat account is used only to hold shares in digital/dematerialized form. A trading account is required to place orders to buy and sell shares. You need both demat and trading accounts to trade in shares. When you open a demat account with IIFL Securities, your trading account also gets opened. You can trade in stocks and other financial assets through your trading account.

What are annual maintenance charges (AMC)?

For the first year, there is no charge. From the second year onwards, IIFL charges an annual AMC of Rs. 25 per month, including GST (Rs. 300 annually) for maintaining your demat account.

What are the documents required for opening to open a demat account with IIFL Securities?

The key documents required are KYC documents like a PAN card, and an address proof such as Aadhar card. You also need to fill out an account opening form with basic details.

Do you have to pay any charges for opening a demat account?

No, there are no charges for opening a demat account with IIFL Securities. The account opening fee is Rs. 0.

What are the basics of a demat account in India?

A Demat account is an electronic/paperless record of ownership of securities like shares, bonds, mutual funds, etc. It allows investors to hold securities in dematerialized (demat) form instead of in physical form. With a demat account, you can buy and sell securities easily without having to physically transfer security certificates

What are the features & benefits of a Demat account?

Having a Demat account simplifies the process of buying and selling securities by enabling quick and convenient trades from the comfort of one's home with just a click of a button. It also allows investors to set up standing instructions for automated periodic investments, making the process smooth and effortless.

Can an NRI Open Demat Account?

Yes, NRIs can open Demat accounts in India. They can get their demat/ trading account opened through a broker such as IIFL Securities.

Is the nomination facility available in the Demat Account?

Yes, the nomination facility is available in Demat accounts. Up to three nominees can be nominated for a Demat account. The account holder needs to specify the percentage of shares for each nominee in case there are multiple nominees.

Can I open multiple demat accounts?

Yes, you can open multiple Demat accounts either with the same broker or different brokers. However, you need to maintain each account separately.

Can a Demat Account be opened jointly?

Yes, a joint Demat account can be opened by up to three individuals. The main holder needs to be chosen from among the joint holders.

Can the Demat Account be transferred?

Yes, Demat accounts can be transferred online via CDSL/NSDL websites or offline using transfer forms available with brokers. The account holder needs to submit the required documents for the Demat account transfer.

Is a Demat account compulsory to apply for an IPO in India?

Yes, a demat account is mandatory for making an IPO application. 

Do I require a Demat account for SIP?

No, it is not mandatory to have a demat account for investing in SIPs. But it is still better to have it.

What are the types of securities one can hold in a Demat account?

Various types of securities like stocks, bonds, government securities, mutual funds, and ETFs can be held in a demat account.

Can I hold mutual funds in a Demat account?

Yes, mutual fund units can be held in a demat account. 

Can we withdraw money from the Demat account?

The demat account is for holding your investments in securities, in dematerialized form. When you sell a security held in your demat account, the amount that you get from this sale, is credited to the bank account linked to your demat account. You can then withdraw this amount. 

Terms & Conditions

Investments in securities market are subject to market risks, read all the related documents carefully before investing. There is no assurance or guarantee that the investment objectives shall be achieved. IIFL does not guarantee any assured returns on the investments recommended herein.