[2021] How to Open Demat Account on Upstox - Refer & Earn

Welcome to our new post today we will know in this post how we can now Open Demat Account in Upstox for free. [How to Open Demat Account on Upstox]. Friends, do you know why I chose Upstox for demat account? Friends, if you do not know much about Upstox, then after reading this article completely today, you will know everything about Upstox. Upstox is a great free trading platform and you can earn money by investing in share market. Open Upstox Demat & Trading A/C & Earn 500. Even if you want to do Forex trading, you are going to need a Demat account.

Earn Regular Income For Trading - Simple Ways 10000% You Make Money From Online Trading.

Open Demat Account on Upstox
Open Demat Account on Upstox

  • You need a demat account to buy digital gold to invest in the stock market. And today we are going to tell you about such a trusted website that gives you the opportunity to open a demat account for free. And at the same time gives you a chance to earn a lot. Friends, if you open someone's Upstax Demat account from your link, then you get 500 rupees. Many people are also taking advantage of this opportunity and are earning Rs. of lakhs. 
  • Share Market Definition - Example, Demat Account

To open an Online Upstox account, you need some Important documents which are as follows. To open an online demat account, You have to keep a printed copy of some important documents with you.

  1. Aadhar Card [Aadhar Official Website]
  2. Pan Card [For Online PAN Application]
  3. Email ID [Sign In Google Account]
  4. Mobile number which is linked with your Aadhar Card [Check Your Mobile Number]
  5. Blank white paper with your signature and it should have your photo on it.
  6. Bank Passbook [What Is Bank Passbook Immediately Know]
  7. Income Certificate or Bank Certificate [Bank Certificate VS Bank Statement] or ITR Return [File ITR Return & Check Status]

These are some important documents that you should have when you open online demat account, you do not need to go to cyber cafe Nor is the help of any brokerage needed, you can open your own online demat account on Upstox sitting at home from your Android mobile phone. Here I will tell you the step-by-step process to open a demat account

First of all, you have to visit the website of Upstox, a page will open in front of you & Some details enter.

  1. Email Address
  2. Mobile Number 
  3. & Click On "SEND OTP"

On the mobile number that you have entered, a message will come from UPSTOX. On the screen that is open in front of you, you have to enter the otp and then click on Sign Up.

Now the next page will open in front of you, in which you have to enter your PAN number [Permanent Account Number (PAN) - Income Tax Department], enter your date of birth, then you have to click on Next. Now a page will open in front of you in which you have to give some personal information.

  • What is your gender?
  • What is your marriage status?
  • What is your annual income?
  • What is your Trading experience?
  • What is your occupation?
  • Your father name as per your PAN card?
  • Are you political exposed?

You have to give the answer of all these questions according to you. Click Next [Is your country of Tax Residency other than India - Select "No". Now click on Next.]

Now you have to select the segment. If you want to buy/sell shares then you have to click on Equity. And remember you will also select Futures & Options then you will have to upload proof of income proof/Bank statement/ITR Return. Now click on Next.

Note:- You have to select all the options according to you, here I do not know how to open Upstox account. And I am telling it for those who are students or housewife.

If you do not understand futures and options, then you should choose only equity, after that you have to choose a brokerage plan [ICICI DIRECT - Best No. 1 Brokerage Plan In India 2021]

If you have high leverage, then you can choose the priority plan in which you will have to pay the broker Rs 30 per trade intraday. If you do not need much margin, then you have to choose only the basic plan and then click on Next.

After clicking on next, you will get Step No. 6 in which you have been told that you have been given one share free. So that you can do trading by demo, in this you have to click on Yes and then click on Next.

In Step No.7 a new page will open in front of you, in this you have to give your bank details. For example, in which bank your account is opened, you have to enter the IFSC code (Find IFSC, MICR Codes, Address, All Bank Branches in India)of that bank, you have to enter the bank account number.

Note:- You will get to see all the information related to the bank in PASSBOOK. With the help of passbook, you can fill these options well, do not make any mistake in it. Select whether your account is savings or current account. Now click on NEXT. Step No.8 A new page will open in front of you in which you have been told

That you have to put your signature in a blank white paper and take a photo of it from the mobile and then upload it. Now click on Next. Now a new page will open in front of you in which Connect your Digilocker with Upstax will get this option, you have to click on it.

Now a new window will open in front of you, in which you have to enter your Aadhaar number and OTP [Know About One Time Password] will come on the mobile number to which that Aadhaar number is linked and that OTP has to be entered and then click on Continue.

Now a new page will open in front of you in which you have been told that the documents you have uploaded on upstox. Now Upstox can download them and read them, for this you have to click on Allow.

Step No. 14 You have to upload your photo on UpStox, for this you have to click on Take a picture and then click on your selfie. After that you have to click on share location. You will be asked for your location permission, you have to allow it. You have to access your location and then you have to click on Next.

Step number 15 I will ask you if you want to open someone else's account from your link, for this you have to click on Refer New.  This type you can do later, Now you can click on skip

In step number 16, you have to enter your email address and then click on GET OTP. To visit your email address. There you will get an otp from Upstox, now you have to type that input. In type number 17 "click on Next".

In step no. 18 Click on "SIGN FOR FREE" & Then ask you "Do you have your mobile number linked with your Aadhar card" On this you have to Click on YES. & THEN CLICK ON CONTINUE. Upstox is giving you the opportunity to open an account for free during Covid-19, later you may also charge some fees. In step number 19 you just have to click on continue.

You will have to e-sign through your Aadhar card in step NO. 20. For which you have to click on the blue button of E-Sign with Aadhaar OTP like step NO. 20. Now you have to click on Assign Now. Now you have to write your name which is given in your Aadhar card and you have to write the same name. You have to select the {E-SIGN GATEWAY} and tick the checkbox and in the last click on the submit button.

Now you will reach the website of the NSDL, there, you have to enter the Aadhar card number of your 12 number and then click on Send OTP. The mobile number to which your Aadhar card is linked will receive an OTP on it, now you have to fill it and click on Verify.

In step number 25, you have to click here to download your assignment documents and click on proceed. Now you have reached step number 26, here you have successfully opened your demat account. Now your form will be submitted and within 2 or 3 days your demat account will be opened.

You have to wait a little, in 1 or 2 days your email will come on e-mail to open the account. And there you will be given client id and password so that you will be able to access the upstox demat account. Today we told you in this article how we can open demat account in Upstax for free.