Trading and financial jargon got you feeling lost in an ocean? Allow your money to work smartly with Axis Direct Demat Account.

With the decision of Axis Direct account opening, investors invest in stocks and save the family’s financial future.

Forget the limited growth of your savings accounts and multiply your wealth with the best advisors in the industry. After all, the true meaning of financial freedom starts with the correct axis of Axis Direct.

Axis Direct understands that spending hours managing funds differs from the job of investors. So, make it simple and short with the brokerage house.

That’s why they allow a single account to manage trade, derivatives, MF, and ETF investment. Clients can invest in all pockets.

So, enjoy watching your portfolio growth with Axis Group and look at the Axis Direct Demat account review.

Broker Type Full Service Broker
Active Demat Accounts 3.5 Lakh+
Account Opening Charges Free
AMC Rs.750 (Rs. 350 for first year)
Free Account Opening Yes
Free AMC No

Axis Direct Demat Account Review by

Overall Rating

8.74 / 10

Account Opening Process

8.70 / 10


8.84 / 10


8.77 / 10

Products & Service

8.68 / 10


8.67 / 10

Axis Direct Demat Account – Top Features

An Axis Direct account has a series of designed products, advanced tech support, and multiple investment choices.

The Securities firm aims to provide a solid and productive investment experience. If you have finalized opening an Axis Direct Demat account, check its complete package of features.

  • Brand name of Axis Bank with 3.5 lakhs of solid client base.
  • Cost-effective solution with zero account opening charges. In addition, a competitive brokerage structure to match clients’ trade volume and frequency.
  • Get a 3-in-1 account facility to combine your Demat, Trading, and Savings account.
  • Facility to diversify your investment with multiple products like MF, ETF, and Derivatives to reduce risks.
  • Pledge of share option– get a quick loan up to 85% of the value of your current holdings, transferring securities to an emergency asset.
  • A series of customized wealth solutions and TDS relief
  • Robust research reports, market insights, and powerful tools to support investment decisions.
  • Clients can lock the account and take a break; it stops any activity during the period.

Axis Direct Demat Account Opening Charges

Account Opening Charges


Annual Maintenance Charges (AMC)

Rs. 750 (Rs. 350 for first year)

DP Charges

Rs.20 per Scrip only on Sell

Account Closure Charges


Reactivation Charges


Dematerialisation Charges

Rs. 5 per certificate or Rs. 50 per request (whichever is higher)

Call & Trade Charges

Rs.25 per Trade

Understanding the Axis Direct Account charges and costs is crucial before deciding. However, Axis Direct always provides a generous fee structure for new investors.

The brokerage house welcomes freedom of investments without the burden of hefty brokerage and other hidden fees.

Take a quick look at Axis Direct AMC and additional primary charges.  There are no account opening charges with Axis Direct.

For the first year, the AMC is 350 INR. For the subsequent years, it is 750 INR. The DP charges are 20 INR for every sell.

The company incur no charges for account closure, and charges are 100 INR for reactivation. The trade and call charges are 25 INR for every trade.

Check out Business Opportunities with Similar Brands

Axis Direct Demat Account Offers

Free Account Opening


Free AMC


Free Brokerage


Free Research Reports


Free Trading calls


Referral Offers

Upto Rs.500 per Client

Axis Direct Demat Account Opening Process – Step-by-Step

There are no account opening and closing charges; you need detailed documents to complete the process in 15 minutes.

During the Axis Direct Demat account opening, provide some in-depth documents. Before starting, get ready with all essential papers like PAN, Aadhar, mobile number, and bank details.

Include your salary slip, tax details, education certificates, marital status, passport-size photo, and a cancelled cheque.

The following section will learn about the Axis Direct demat account opening.

How do you open a Demat Account in Axis Direct? – Online Process

An essential investment step starts with an investor’s search for ‘How to Open Demat account in Axis Direct.’ Here’s a step-by-step guide to walk you through the online account opening process:

In the digital world of Axis Direct, investors can make an online account within 15 minutes.

To start the process, you have to visit the official website. You can find a dedicated section of Demat account opening.

Once there, provide your name, email, and phone number for the sign-up process via OTP verification.

In the next step, the digital onboarding process needs accurate personal details such as PAN, Aadhaar number, qualification, and marital status.

Users have to recheck and provide bank details. Now, it’s time to choose a plan and make payments.

The next page appears with a request to upload papers for e-KYC. After verification, they release a welcome kit with crucial account details.

In addition, you can use Axis Direct RING App for further assistance.

How to Open Axis Direct Demat Account? – Offline Process

Despite storming the online world, the offline option is available for Axis Direct Demat accounts. It cares for all, even for tech-averse people.

At first, you have to locate the nearest Demat-enabled branch. Clients can use the map of the website to find the nearest branch.

Be prepared with all documents for a hassle-free submission. Yes, Axis Direct needs some personal and banking details. Check it from the below-mentioned column to avoid any rejection.

At the branch, they will provide a Demat Account form. This form requires personal details, financial status, and bank account details.

Also, carry a copy of your passport-size photo, tax details, and income proof. Once the form is filled and signed, clients must submit it with supporting papers at the branch office or via courier.

The offline process takes longer than online; you can expect it within 7 to 10 days. So now you know how to open a Demat Account in Axis Direct via online and offline modes.

Eligibility Criteria to Open Axis Direct Account




18+ Years

Active Bank Account


Check out Business Opportunities with Similar Brands

Documents required to Open Axis Direct Account

PAN Card Copy


Identity Proof Copy

Any One (PAN Card, Aadhaar Card, Voter ID Card, Driving License, Passport)

Address Proof Copy

Any One (Aadhaar Card, Voter ID Card, Driving License, Passport)

Bank Account Proof Copy

Any One (Cancelled Cheque, 3 Months Bank Statement, Bank Passbook)

Copy of Income Proof for F&O

Any One (IT Return Certificate, Net Worth Certificate, Salary Slip, 6 Month Bank Statement)

Passport Size Photo


Signature on White Paper


IPV (In-person Verification)


If you want to open an Axis Direct account, make a proper document list. Overall, it needs almost all of your personal and income details.

For personal details

  • Address proof
  • PAN
  • Educational details

 For banking details

  • Cancelled cheque
  • Salary slip /Income proof with CA verification
  • Tax details
  • Net worth certificate
  • Bank statement
  • Self-declaration of assets

How to Close Axis Direct Demat Account?

In this section, we will know how to close the Axis Direct demat account:

Fortunately, there is no charge for account closure. Investors must download, fill out, and submit the ‘Account Closure Form’ to the nearest branch.

Before that, specify all outstanding amounts of the account. However, there is no shortcut or online option.

Account holders have to present the request in the branch.

Axis Direct Demat Account Review – Conclusion

Axis Direct’s promise of a quick, innovative, and affordable trading experience makes it a firm brand name for Dalal Street.

The strategist of Axis Direct understands one size does not fit all. So, they encourage diversification under one account.

Though a section of customers faces minor issues with running prices on the selling page, the brokerage house is confident of overcoming such problems.

The newly elected CEO, Pranav Haridasan, is satisfied to see double-digit returns in the next 2 or 3 years. The above Axis Direct demat account review will help you with all the information.

FAQs on Axis Direct Demat Account Review

Here is the list of FAQs related to the Axis Direct Demat account:

How do you create a Demat Account in Axis Direct?

You have both online and offline options.

  • Visit the Axis Direct webpage online and sign up with a mobile number.
  • Then, provide your personal and bank details.
  • Also, produce tax and income details.
  • Make payment and upload the documents for KYC.
  • Complete it with an e-sign.

For offline, visit the branch and carry all documents as mentioned above. The RM will forward the following process with an offline form. You have to fill it out and submit it along with documents.

How do you delete an Axis Direct Account?

Just download the ‘Account Closure form’ from the website. Then, please fill it out and submit it to the nearest branch.

What is AMC in Axis Direct?

For Axis Bank customers, there is zero fee for the first year; others have to pay ₹350. From the second year, AMC is ₹750 for both clients.

What are Axis Direct Account Opening Fees?

Axis Direct has no account opening fee; it supports investors’ interest with a low investment risk attitude.

How do you find a demat account number in Axis Direct?

After successful login, you can find the ‘menu’ option. The ‘My Account’ section shows your 16-digit Demat account number.

How do you get a Statement of Demat Holdings in Axis Direct?

After logging into your ‘My Account’ section, find the ‘Account’ option from the menu bar. After that, click the ‘Statements’ section to get statements.

What documents are required to open a demat account in Axis Direct?

Axis has no shortcuts; they need a series of documents, as mentioned.

For personal details

  • Address proof
  • PAN
  • Educational details

 For banking details

  • Cancelled cheque
  • Salary slip /Income proof with CA verification
  • Tax details/ITR copy
  • Net worth certificate
  • Bank statement
  • Self-declaration of assets

How long does opening a Demat Account in Axis Direct take?

Though Axis Direct claims to have an account within 15 minutes, a long list of papers could take longer. You can expect all account details within 2-3 days. In case of offline, count seven days.

How do you change your bank account in Axis Direct?

Investors have to submit a copy of the Modification Form to the branch. Also, attach a copy of your self-attested PAN card.

How do you transfer shares from one Demat Account to Axis Direct Demat?

Submit a DIS copy to the branch. But make sure your signature is on it. After a short review, they transfer it to the depository to complete the transfer request.


Customer ratings and reviews of Axis Direct Demat Account

Invest with Zero Brokerage Now!Open Demat Account