Best Demat Account Opening Offers & Cashback in India
Open free Demat and Trading accounts with India's leading SEBI-registered discount brokerages. Enjoy zero opening charges, competitive brokerage rates, and extra cash rewards.
Start your journey investing in NSE and BSE equities, direct mutual funds, IPOs, and government bonds. Complete paperless Aadhaar e-sign verification and claim verified platform rewards.
Demat & Trading Guarantee
Double-Entry Ledger VerifiedFeatured Demat & Trading Deals
Upstox Demat & Trading Account
Zero AMC for the 1st year with advanced charting tools
Angel One Super App Demat
Zero brokerage on delivery trades and smart investment advisory
Groww Direct Investment Account
Simple, transparent investing in mutual funds, stocks & US equities
Why Apply Through Funngrow?
Zero Account Opening Fee
Partner brokerages offer 100% free account creation with zero upfront paperwork.
SEBI Regulated Depositories
Your shares are held securely in your own name with CDSL or NSDL depositories, independent of the brokerage.
Direct Bonus Rewards
Earn flat platform cashback credited to your Funngrow wallet upon successful account activation and initial qualifying trade.
How to Claim Your Demat & Trading Rewards
Choose Brokerage
Select the stockbroker matching your investment style (trading vs long-term).
Click & Register
Follow our verified partner redirect to the official brokerage portal.
Complete e-KYC
Upload PAN details and sign digitally with Aadhaar OTP.
Earn Your Reward
Execute your initial trade or activity to trigger verified reward credit.
To successfully qualify for partner rewards, applications must meet banking and regulatory standards:
- Age 18 years or older with Indian citizenship.
- Permanent Account Number (PAN) card is mandatory.
- Aadhaar card linked with active phone number for UIDAI OTP signature.
- Valid Indian bank account under the applicant’s personal name for deposits and withdrawals.
Frequently Asked Questions about Demat & Trading
What is the difference between Demat and Trading accounts?
A Trading account is used to buy and sell stocks on the exchange, while a Demat account holds your purchased securities electronically.
Can I have multiple Demat accounts in India?
Yes. SEBI allows investors to open multiple Demat accounts across different brokers using the same PAN number.
Is investing in stocks risk-free?
No. Stock market investments are subject to market risks. Only invest funds you understand and avoid borrowing money for speculative trading.
Related Earning & Financial Guides
Disclaimer: Funngrow is an affiliate and rewards distribution platform. We do not provide banking, lending, or depository services directly. All credit approvals, interest rates, and loan disbursals are at the sole discretion of our regulated partner financial institutions.