Investing in the stock market has become very easy in India. Today, many stock brokers offer free Demat account opening and low brokerage charges. A Demat account is required to buy and sell shares in the stock market.
If you are planning to start investing, choosing the right Demat account is very important. In this article, we will look at some of the best free Demat accounts in India in 2026.
1. Groww Demat Account
Groww is one of the most popular investment platforms in India. Beginners widely use it because the app is simple and easy to understand.
Key Features
- Account Opening Charges: Free
- Annual Maintenance Charges (AMC): ₹0
- Equity Delivery Brokerage: ₹0
- Intraday and F&O Charges: ₹20 per order
- Easy mobile app interface
- Option to invest in stocks, mutual funds, and IPOs
Groww is a good option for long-term investors seeking a simple, easy-to-use investment platform.
2. Zerodha Demat Account
Zerodha is India’s largest discount broker and is trusted by millions of investors. It offers powerful trading tools and reliable services.
Key Features
- Account Opening Charges: Around ₹200
- Annual Maintenance Charges: ₹300 per year
- Equity Delivery Brokerage: Free
- Intraday and F&O Charges: ₹20 per order
- An advanced trading platform called Kite
- Reliable and secure trading services
Zerodha is suitable for investors who want professional trading tools and stable platforms.
3. Upstox Demat Account
Upstox is another fast-growing stockbroker in India. It offers low brokerage and a smooth trading experience.
Key Features
- Account Opening Charges: Free
- Annual Maintenance Charges: Free for the first year
- Delivery Brokerage: Free
- Intraday Trading Charges: ₹20 per order
- Fast and modern mobile app
- Advanced charting tools for traders
Upstox is a good choice for people who want fast trading and modern features.
4. Angel One Demat Account
Angel One is a well-known brokerage firm in India that provides research reports and investment recommendations.
Key Features
- Account Opening Charges: Free
- Annual Maintenance Charges: Free for the first year
- Brokerage Charges: ₹20 per trade
- Stock market research reports
- Easy IPO application
- Good customer support
Angel One is ideal for investors who want market insights and research support.
5. Dhan Demat Account
Dhan is a new trading platform that has become popular among active traders.
Key Features
- Account Opening Charges: Free
- Annual Maintenance Charges: Free
- Equity Delivery Brokerage: Free
- Intraday and F&O Charges: ₹20 per order
- Advanced trading charts
- Designed specially for traders
Dhan is best suited for people who trade frequently in the stock market.
Comparison of Best Free Demat Accounts
| Demat Account | Account Opening | AMC | Brokerage |
| Groww | Free | ₹0 | ₹20 per trade |
| Zerodha | ₹200 | ₹300/year | ₹20 per trade |
| Upstox | Free | Free first year | ₹20 per trade |
| Angel One | Free | Free first year | ₹20 per trade |
| Dhan | Free | ₹0 | ₹20 per trade |
Which Demat Account is Best for You?
The best Demat account depends on your investment style.
- Beginners: Groww
- Professional investors: Zerodha
- Active traders: Dhan
- Investors who want research support: Angel One
Before opening a Demat account, always compare brokerage charges, platform features, and customer service.
Final Thoughts
Opening a Demat account is the first step to start investing in the stock market. Many brokers in India now offer free account opening and low brokerage charges, making investing accessible for everyone.
If you are new to investing, choose a trusted platform with simple features and good customer support. A good Demat account can help you start your investment journey smoothly.