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Demat Account

Demat Account

What is a Demat Account?

A Demat account is an account that holds the shares you purchase in an electronic or dematerialized form. Just like a bank account holds your money, a Demat account holds your financial certificates of instruments like bonds, shares, government securities, mutual funds, and exchange-traded funds.

Indiabulls Ventures is a depository participant with the National Securities Depository Limited and Central Depository Services (India) Limited for trading and settlement of Dematerialised shares. Indiabulls performs clearing services for all securities transactions through its accounts. We offer depository services to create a seamless transaction platform – execute trades through Indiabulls Ventures Limited and settle these transactions through the Indiabulls Depository Services. Indiabulls Depository Services is part of our value added services for our clients that create multiple interfaces with the client and provide for a solution that takes care of all your needs.

How to open a Demat Account?

A Demat Account allows you to hold your shares or securities in an easy and convenient way. You can open a Demat Account using 6 simple steps.

Steps To Open a Demat Account by Indiabulls Ventures

Select a Depository Participant

Step 1: Select a depository participant (DP)

Most financial institutions and brokerage service firms, including Indiabulls Ventures, are Depository Participants.

Fill an account opening form

Step 2: Fill an account opening form

You are required to fill an account opening form to open a Demat account. This includes basic biographical and contact information.

Submit Documents for Verification

Step 3: Submit documents for verification

You need to submit a copy of your income proof, identity proof, address proof, active bank account proof & one passport sized photograph for verification. All copies of documents need to be duly attested. Please click here to know more about the specifics of each document.

Sign Standardized Agreement with DP

Step 4: Sign standardized agreement with the DP

A standardized agreement will contain the rules and regulations, charges you will incur & the terms and conditions of the agreement between you & the depository participant. You can refer to the Indiabulls Ventures guidelines & terms of use here.

Verification of Documents

Step 5: Verification of documents

A staff member from the DP will verify all the documents that you have submitted in your application.

Account Number and ID are generated

Step 6: Demat account number and ID is generated

Once all your documents have been verified, your Demat account number and ID will be generated. You can use this information to access your online Demat account.

Demat account services are provided by depositories. In India, there are two depositories, National Securities Depositories Limited (NSDL) and Central Securities Depositories Limited (CSDL). These depositories provide the services through intermediaries, a broker or a depository participant like Indiabulls Ventures.

Demat Account FAQs

Can I open more than one Demat account under the same name?

Yes, you can open more than one Demat account under the same name. You can open the account with the existing depository or can choose a different depository. Every time you open a new account you have to give the depository the Know Your Customer (KYC) details.

What documents are required to open a Demat account online?

For online Demat account opening you need to have the following documents:

1. Identity proof

2. Address proof

3. Proof of income

4. A bank account

5. PAN Card

6. Passport size photographs


Does a Demat account require minimum balance?

No. A Demat account does not require a minimum balance. You can also open a Demat account without any shares.

How can I transfer shares from one account to another?

You can transfer the shares either offline or online. Online transfer of shares can be done via the Central Depository Services Limited website. In case of offline share transfer, you need to keep in mind that the shares are held by a depository. If the new and existing brokers are associated with the same depository, then it will be an Intra-depository transfer also known as the off-market transfer. In case of brokers being from different depositories then the transfer will be an Inter-Depository transfer.

Where can I find my Demat account number?

When your Demat account is opened, you receive a letter from the depository which includes all the details regarding the Demat account. The account number is also known as Beneficiary Owner ID.

The number of digits may differ based on which depository your account is from. In case of a CSDL, the account number will have 16 numeric digits. Whereas in case of NSDL the number will start with the letters ‘IN’ followed by 14 numeric digits.

In case you have misplaced your Demat account number, you can call up your Depository Participant’s customer care number and they can help you recover it.

How to link the Demat account to Aadhar?

To link your Demat account to your Aadhar, you need to visit the NSDL website. You will find a link named ‘Aadhar Number to Demat Account’. Enter the name of your depository, their ID, client ID, and PAN details. Next, enter the OTP password received. Now you enter your Aadhar details in the new link. You will receive an OTP on the Aadhar registered number. Click on submit after entering the OTP.

What is a ‘Market Trade’ and an ‘Off Market Trade’?

Market trade is where a clearing corporation is involved in the trade settlement. Off Market Trade is where the settlement is done directly between the two parties in question with the clearing corporation.


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Attention Investors! "Prevent Unauthorised Transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of Investors."           Attention Investors! "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day. Issued in the interest of investors."           "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."           "As per SEBI guidelines, old DIS cannot be accepted for execution of instruction with effect from 07-01-2016. Kindly submit requisition slip / letter for issuance of new DIS booklet at our corporate office address to avoid rejection of your instruction(s) on or after 07-01-2016.”            "In accordance with the Union Budget 2017-18 announcement, SEBI has advised to link Aadhar with individual demat accounts. Kindly submit details of Aadhar number along with copy of Aadhar Card.”          

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Indiabulls Ventures Limited. [Corporate Identification Number for IVL: L74999DL1995PLC069631]
SEBI Reg No: INZ000007534 | NSE Membership No: 08756 [CM, FNO, CDS] | BSE Membership No: 907 [CM, FNO]
Indiabulls Securities Limited (Formerly known as Indiabulls Commodities Limited) [Corporate Identification Number for ISL: U74999DL2003PLC122874]
SEBI Reg No: INZ000036136 | MCX: MEMBER CODE: 12835 | NCDEX: MEMBER CODE: 10
Registered office address: M - 62 & 63, First Floor, Connaught Place, New Delhi - 110001.
Correspondence office address: Indiabulls House, 448 – 451, Udyog Vihar, Phase – V, Gurgaon – 122016, Haryana.
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