Any individual over 18 years of age can open a Demat and trading account digitally. Mandatory documents for the same are PAN, bank account, identity, and address proofs.

Fill up a digital form
Visit the broker’s website and fill out the account opening form with details such as name, address, PAN, and bank details of the account that is to be linked to the Demat and trading account. Also, the most suitable brokerage plan needs to be selected.

Upload documents
Scanned copies of documents such as Aadhaar, PAN, cancelled cheque, need to be uploaded. The investor’s photograph, as well as scanned signature, may be needed.
Aadhaar e-verification
The individual can now review the form and submit it. The form can next be electronically signed using the Aadhaar authentication process through OTP.
The individual can transfer funds into the trading account and securities held in some other Demat account to the new account.

Proof of identity: Voter’s ID, Aadhaar card, PAN card, passport, or driving license
●    Proof of Address: Ration card, electricity bills, telephone bills, property tax receipts, passport, bank passbook, voter’s ID, or Aadhaar card
●    Proof of Income: Photocopy of the Income Tax Return (ITR), recent salary slip, bank A/C statement of the current bank, or cancelled personalized cheque.