Opening Demat account is the first step towards investing in the stock market, mutual funds, IPO and NCD’s in India.
In layman terms; the Demat account is similar to a bank account. The major difference is; instead of keeping the money, you keep shares, mutual funds or bonds in electronic format in Demat account. Keeping stocks and Mutual Funds in the demat account has many advantages including higher security and faster transactions.
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Demat AMC is an annual maintenance charge paid by the customer to keep the account active. Even if you use it or not, as long as you hold the demat account, you have to pay the AMC.
Lifetime Free Demat Account
Demat accounts that are free of AMC for lifetime. These accounts are the best demat accounts for beginners as it reduces the cost. Brokers who offer lifetime demat accounts usually ask for a one-time fee or a small refundable deposit of Rs 1000.
Open Free AMC Demat Account Online
The first step towards opening a free online demat account is to find a suitable broker to suit your investment needs. Below is a list of brokers offering lifetime free demat account. Click on the broker name below to read broker reviews. Fill the enquiry form to request a callback from the broker.
Lifetime Free Demat Account (Demat Account without AMC)
Note:
Prostocks charges Rs 1000 refundable security deposit for lifetimes free demat account. The Rs 1000 is refunded to you when you close the demat account
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InfoNative Solutions IPO is a bookbuilding of Rs 24.71 crore. The issue is entirely a fresh issue of 31.28 lakh shares. InfoNative Solutions IPO will open for subscription on March 28, 2025 and close on April 3, 2025. Allotment for InfoNative.. Read more
Spinaroo Commercial IPO is a fixed price of Rs 10.17 crores. The issue is entirely a fresh issue of 19.94 lakh shares. Spinaroo Commercial IPO opens for subscription on March 28, 2025 and closes on April 3, 2025. The allotment for the Spinaroo.. Read more
Rapid Fleet IPO is a book built issue of Rs 43.87 crore. The issue is entirely a fresh issue of 22.85 lakh shares. The Rapid Fleet IPO bidding opened for subscription on March 21, 2025 and will close on March 25, 2025. Allotment for Rapid Fleet IPO.. Read more
Active Infrastructures IPO is a book built issue of Rs 77.83 crores. The issue is entirely a fresh issue of 43.00 lakh shares. Active Infrastructures IPO bidding opened for subscription on March 21, 2025 and will close on March 25, 2025. The.. Read more
Paradeep Parivahan IPO is a book built issue of Rs 44.86 crores. The issue is entirely a fresh issue of 45.78 lakh shares. Paradeep Parivahan IPO bidding opened for subscription on March 17, 2025 and will close on March 19, 2025. The allotment for.. Read more