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What is Demat Account?

A Demat Account or Dematerialised Account provides the facility of holding shares and securities in an electronic format. During online trading, shares are bought and held in a Demat Account, thus, facilitating easy trade for the users. A Demat Account holds all the investments an individual makes in shares, government securities, exchange-traded funds, bonds and mutual funds in one place.

Demat enabled the digitisation process of the Indian stock trading market and enforced better governance by SEBI. In addition, the Demat account reduced the risks of storing, theft, damage, and malpractices by storing securities in electronic format. It was first introduced in 1996 by NSE. Initially, the account opening process was manual, and it took investors several days to get it activated. Today, one can open a Demat account online in 5 to 15 Mins. The end-to-end digital process has contributed to popularising Demat, which skyrocketed in the pandemic

Why Open Demat Account with Libord Brokerage


Over the past 30+ years, we have won the trust of happy customers.

Quick Onboarding

Fully digitized onboarding process. Provide your personal details, bank details and eKYC details.

Easy Trading

Invest with our user friendly platforms (Android/ IOS Apps or via desktop).

Zero Brokerage

Enjoy Rs 0 brokerage on Equity Trading, Mutual Fund and IPOs.
Rs. 20/- Brokerage per trade on F&O.

How to Open Demat Account?

Step 1

Fill up your information on the sign up form

Step 2

Enter OTP received on the registered mobile number

Step 3

Enter the KYC details

Step 4

Get Demat Account details on the registered Email ID

Advantages of Opening a Demat Account

Convenience and Accessibility: Access to your investments is just a click away. You can view your portfolio, track transactions, and monitor market movements online through a secure platform, anytime and from anywhere.

Faster and Seamless Transactions: Trading becomes quicker and more efficient with a Demat account. Buying and selling securities can be executed electronically, reducing paperwork and the time taken for processing.

Reduced Paperwork: Traditional investment methods involve a significant amount of paperwork. Demat accounts streamline this process by storing all your investment-related documents electronically.

Safe and Secure: Electronic holdings in a Demat account are well-protected and less susceptible to risks such as theft, loss, or forgery associated with physical certificates.

What are the types of demat account?
  • Regular Demat account- Traders who reside in India use this type of account.
  • Repatriable Demat account - This account is useful to the Non-Resident Indians as it allows fund transfers abroad. It requires an associated NRE bank account.
  • Non- Repatriable Demat account - This account, too, is for the Non-Resident Indians. However, in this case, funds cannot be transferred abroad, and this account requires an associated NRO bank account.

What are document requiring for Demat Account opening?

Account opening with Libord is a 100% paperless process. Following are the documents that are required for opening an account.

Proof of Identity Documents

  • Pancard
  • Passport
  • Voter ID
  • Driving License

Proof of Address Documents

  • Passport
  • Voter ID
  • Registered Lease or Sale Agreement
  • Driving License
  • Utility Bills
  • Bank Passbook

What are the Types of Account that I can Open?
  • Demat Account - An account where you can hold securities in an electronic form, from which credit and debit of securities take place.
  • Trading Account - An account which you can use for buying and selling the securities held in electronic format in the stock market.
  • Demat + Trading Account - An account where you can hold securities in an electronic format and can be bought or sold in the stock market.

Is demat account compulsory to apply for an IPO in India?

An investor is given the option to apply for and obtain the shares of an IPO in physical form. However, it is suitable to apply for an IPO through the demat form since the shares issued through an IPO are tradeable only in form.

Do I require a demat account for SIP?

No, a demat account is mainly for the transaction of shares on the stock exchange. Mutual fund investments of any kind including SIP can be carried out directly by the investor or through a bank or financial institution.

Can I hold mutual funds in a Demat account?
  • Mutual fund investors have the option to transfer MF units to a Demat account. It simplifies the process of managing all financial securities in one place.
  • Investors can apply to convert mutual fund units into Demat format by availing a conversion request form from the broker or depository (CDSL or NSDL).