How to Open Demat Account – Create FREE Upstox Demat Account

If you are here to Open Free Demat and trading account then you are at the right place.

here I will show step by step process to open a free Demat account with the famous platform Upstox

Also, you may watch this video-

Below are the steps to open a new account:

Sign up:

1) Visit the website https://upstox.com.  Click on ‘Open Demat Account’.

2) A new page will open where you’ll have to sign up using your credentials, i.e., email address & mobile number.

Update Basic Details:

1) Enter the PAN number & referral details of the person who referred you. Add FN5088

Note: Date of birth should be as per PAN card.

2) Provide some other basic details like gender, marital status, etc.

3) On the same page you will have to declare your tax residency

Select Segment and Plan:

1) Now, select the segments you wish to trade-in.

Note: It’s compulsory for you to open a Demat a/c even if you do not wish to trade-in equity.

2) Select the plan details on the same page.

Note: You can switch the plan in the future through our back office portal, Keystone. This will be free of charge.

3) If you have a coupon code, enter it here.

4) After clicking ‘Next, you can participate in the following lucky draw contest. You can either select ‘Yes’ or no as per your wish.

Upload Documents:

There are two ways to upload your documents:

• DigiLocker

• Manually Upload Documents

DigiLocker :

You just need to upload two documents. Please click on ‘Connect your DigiLocker with Upstox’ and upload your documents.

If you wanted to upload documents manually, click on ‘PROCEED WITHOUT DIGILOCKER AND MANUALLY UPLOAD DOCUMENT’.

1) Enter your bank details.