How to Open Demat Account in Upstox: A Simple Step-by-Step Guide (2025)
Opening a demat account is your first step towards stock market investing, and Upstox makes this process incredibly simple. Here’s my personal experience of how to open demat account with Upstox, complete with all the practical tips you won’t find in official guides.
What You Need Before Starting
Before beginning your Upstox demat account opening process, keep these ready:
- PAN card (mandatory for all demat accounts)
- Aadhaar card with linked mobile number
- Cancelled cheque or bank statement
- Smartphone with good internet connection
- 15 minutes of uninterrupted time
Step-by-Step Process to Open Demat Account in Upstox
1: Visit Upstox Website
- Go to upstox.com
- Click the prominent “Open Account” button
(Pro tip: Complete this process during business hours for faster verification)
2: Enter Basic Details
- Fill in your name, email, and PAN information
- Verify via OTP sent to your registered mobile
- This takes less than 2 minutes
3: Complete KYC Process
- Aadhaar verification through OTP
- Personal details (address auto-filled from Aadhaar)
- Financial information (employment details, income range)
4: Bank Account Linking
You have two options:
- Instant verification via net banking login
- Manual upload of cancelled cheque
*(I found net banking faster – completed in 30 seconds)*
Step 5: Video Verification
- Quick in-person verification (IPV) via video call
- Agent will ask to show your PAN card
- Process completed in under 1 minute
Step 6: Account Activation
- Approval typically comes within 24 hours
- You’ll receive login credentials via email/SMS
- Start trading immediately after activation
Upstox Demat Account Charges (2025)
Understanding costs is crucial when learning how to open demat account:
- Account opening fee: ₹0
- Annual Maintenance Charge (AMC): ₹0 for first year, ₹150/year thereafter
- Trading charges:
- Equity delivery: ₹0 brokerage
- Intraday/F&O: ₹20 per executed order
FAQs About Opening Upstox Demat Account
❓ Is PAN card mandatory to open demat account?
Yes, PAN is compulsory for all demat accounts in India.
❓ How long does Upstox account verification take?
Most accounts get approved within 24 hours if documents are correct.
❓ Can I open Upstox account without video verification?
No, SEBI regulations require video KYC for all demat accounts.
❓ Is Upstox safe for beginners?
Absolutely! With SEBI registration and bank-level security, it’s one of India’s safest platforms.
Final Thoughts
Now that you know exactly how to open demat account with Upstox, you’re ready to start your investment journey. The process is:
✅ Completely online
✅ Paperless
✅ Quick (under 30 minutes active time)
✅ Cost-effective
Begin your investing journey today: Open upstox Demat Account Now online for free
Disclaimer: This guide explains how to open demat account based on my personal experience. Upstox may update their process, so always check official sources. Remember, investments are subject to market risks.
Click the logo below for a step-by-step guide to opening a Demat account on these apps:
