Open Demat Account

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Why Open Demat And Trading Account With IIFL?

IIFL is India’s leading integrated financial services group with diverse operating businesses, mainly, Non Banking and Housing Finance, Wealth and Asset Management, Financial Advisory and Broking, Mutual Funds and Financial Product Distribution, Investment Banking, Institutional Equities, Realty Broking and Advisory Services.

4 Easy Steps To Open Your Demat Account

  • Apply For A Demat Account Online

    Place your account opening request to IIFL by submitting your Name & number in the Lead form. You will get a call back from us.

  • Submit The KYC Details Online

    To register with the DP and open a demat account, fulfilling the KYC formalities is important. It includes submission of a duly filled application form along with the copies of required identity proofs.

  • Get Your Documents Verified

    Once the application form is submitted along with the KYC documents, you might be required to be present in person at the DP’s office in order to verify the authenticity of the KYC.

  • Acquire Beneficiary Owner Identity (BOID)

    Upon the processing of the application at the DP, a unique Beneficiary Owner Identity, commonly known as BOID, is generated.

Keep The Following Documents Ready While Opening A Demat Account

Document Required for Opening Demat

  • 01. Proof of Identity (Any)

    PAN card
    Aadhaar card
    Voter ID card
    Passport

  • 02. Proof of Address (Any)

    Aadhar Card
    Votar ID Card
    Passport
    Ration Card

  • 03. Proof of Income (Any)

    Income Tax Return
    Salary slips
    Statments of the bank account
    Form 16

Whole World Of Trading In One Place At IIFL

  • Equities

  • Depository Services

  • Mutual Funds

  • Currency Trading

  • IPOs

  • Commodities

  • Derivatives

  • PMS

We Have Made Investing Convenient - Anywhere, Anytime Through Our Platforms.

IIFL Markets Mobile App

Get instant notification on your investments, Price alerts, Trading tips, Stock News & Manage your account, all on the go. IIFL Markets is the Highest Rated Trading App*.

Trader Terminal

A comprehensive web-based and software-based trading tool with lightning-fast execution speed, world-class user interface and superior charting and analytical capabilities.

Benefits of Opening Demat Account with IIFL

  • Zero charges on account opening:

    India Infoline does not charge any account opening fee.

  • Zero Demat Annual Maintenance Charges (AMC):

    You also get to enjoy zero Demat Annual Maintenance Charges (AMC) for the first year.

  • A single account for all investment options:

    With an IIFL Demat account, you can trade or Invest in equities, mutual funds, IPOs, derivatives or commodities via a single Demat account.

  • Customised services for portfolio management:

    Manage your investments with tailor-made online portfolio management services extended with the account.

  • Research and analytics benefits:

    The award-winning research team at India Infoline gives the best investment recommendations to maximise investor’s profits.

  • A hassle-free trading platform:

    India Infoline offers an all-inclusive trading platform to investors for seamless trading. Access the platform via dedicated IIFL Markets App or Trader Terminal online.

Frequently Asked Questions On How To Open A Demat Account

  • 01. What is Demat Account?

    A Demat or dematerialisation account is similar to a savings account in function, only that you hold securities and shares in dematerialised or electronic form instead of money. A Demat account allows you to initiate online trading with ease via a depository participant (DP).

  • 02. What are the different types of accounts that can be opened with IIFL?

    Demat account
    Trading Account

  • 03. In which segments I can open an account with IIFL?

    Equity
    Derivatives
    Currency
    Commodity

  • 04. Who can open a Trading and Demat account with IIFL?

    Individual
    Resident Individuals
    NRIs
    Minors (Only Demat account. As sole holder)

    Non-individual
    Corporate
    Partnership firms (Demat account in the name of the Partners)
    Registered/Unregistered trust (Demat account. In the name of the Trustees)
    Registered/Unregistered society (Demat account. In the name of the Members)
    Association of Persons (AOP)
    FII/FPI (Only Trading Account)
    Bank
    Mutual funds
    LLP (Limited Liability Partnership)

  • 05. What are the documents required for opening the account?

    Proof of Identity (PAN with photograph mandatory)

    Proof of Address (Passport/ Voters Identity Card/ Ration Card/ Registered Lease or Sale Agreement of Residence/ Driving License/ Flat Maintenance bill/ Insurance Copy /Aadhaar Letter issued by Unique Identification Authority of India./ Telephone Bill (only land line)/ Electricity bill/

    Gas bill/Bank Account Statement/Passbook – (Not more than 3 months old – as on date of receipt for documents).

    Proof of Bank account
    Income Poof (Mandatory incase of derivatives/Currency Segment )

  • 06. Can you have multiple demat accounts?

    Yes, you can open multiple demat accounts linked to the same PAN number. However, these accounts must be held with different depository participants. In other words, you cannot open more than one demat account with the same broker.

FAQS on How to Open Demat Account

Open IIFL Demat Account And Join 22 Lac+ Happy Clients

Customer Testimonials

Debashish Pachal

Thanks a lot for solving my query regarding transfer of shares and POA issue. Special thanks to Amrita for patiently listening and addressing each of my concerns.

Mayukh Choudhury

I contacted you Customer service today for some enquiries and I was connected with Mr. Ashish Singh. Mr. Singh was terrific in tackling my queries and resolved it at one go. I have never spoken to such a professional guy. Hats off!

Shalaka Kiran Raje

This is to appreciate Mr. Priyesh Bhagat with whom I interacted while solving my problem with logging in, I appreciate his involvement in understanding and solving the problem while following company guidelines, thanks to him and the management for giving customer oriented guide lines.

Ratish Shyam Dixit

Bhagashree from IIFL resolved my problem within no time. Appreciate her dedication and commitment.

Varun Dev Vedamurthy

I spoke to Ashish from the IIFL CS team today. He was very helpful and very patiently assisted me through the procedure of reactivating my account, as it was dormant. He also helped me with my other queries. Thanks, Ashish, and Thanks IIFL.

Dayanand Kamalakar Kamble

Bhagyashree has been quick enough to address all my queries when i called up. Appreciate the professionalism. Keep it up!

Shivakumar Mani

Thank you for the excellent response to my query by Shraddha Chavan who despite the lockdown gave a quick response and resolution to my query. Thank you very much.

Rhythm Deepak Desai

Dinesh Jagtap took great care of us. Provided us with all the information and did everything he can in the given situation. Keep up

Milind Bodhankar

It was a wonderful experience, Shraddha resolved all my queries in no time and was very clear in her explanations and advise. Thanks IIFL & Shraddha for helping me during this Pandemic. Great work & keep it up!

Arnab Pal

I had a very nice experience with Customer Support Executive Vetri Vasikaran. He was very helpful and helped me a lot.

Rakesh Bansal

This is Colonel Rakesh Bansal, 74 years old senior defence officer - Appreciate Ms Amrita Kadam for being a very patient, helpful & efficient staffer at your office. At our age we look for a person who will take away our worry & solve all our queries and she has done so in the past 3 months of our interactions.

Open Demat Account