With the Sharekhan account opening, investors are stepping into the world of endless scope of the securities market.

It is a passport of financial freedom and a sidekick for fulfilling your financial goals with historic returns.

From opening an account to daily trading, they are always there to solve your problems and protect your interests. Plus, they have something for every pocket.

Whether you ask for essential support or fancy tools, the brokerage house has been a trustworthy name for decades.

So, if you are ready to make a good return, a Sharekhan Demat account review is essential before investment.

Broker Type Full Service Broker
Active Demat Accounts 7.5 Lakh+
Account Opening Charges Free
AMC Free (1st Year)
Free Account Opening Yes
Free AMC 1st Year Free

Sharekhan Demat Account Review by Finec.in

Overall Rating

9.06 / 10

Account Opening Process

9.03 / 10


9.17 / 10


9.10 / 10

Products & Service

9.01 / 10


8.99 / 10

Sharekhan Demat Account – Top Features

If you are opening a Sharekhan Demat account, here is a quick rundown of key features as per its 16 years of profitable journey:

  • Physical presence with over 670 cities, including Tier I to Tier III cities. A micro-level presence in the Indian market with the HNI advisory team.
  • A loan against securities to support clients’ interests beyond trading.
  • They expand wings in the Gulf region, so you can have less tax burden while trading.
  • A 2-in-1 account enables traders to run trading accounts with a Demat account.
  • Multiple options like Classic account, Tradetiger account, etc.
  • RM support, fancy tools, intelligent automation, real-time trading options, and a robust research body support clients.
  • Demat account holders get customizable alerts as per their interests or trading trends.

So, investing via a Sharekhan account is expected for full-service equity brokers.

Sharekhan Demat Account Opening Charges

Account Opening Charges


Annual Maintenance Charges (AMC)

Free (1st Year)

DP Charges

Rs.20 per Scrip only on Sell

Account Closure Charges


Reactivation Charges


Dematerialisation Charges

Rs.18 per Certificate

Call & Trade Charges

Rs.50 per Trade

Despite being a long-term player in the securities market, Sharekhan AMC and other charges are suitable for all clients.

That’s why a fundamental question about the Sharekhan Demat account charge arises in investors’ minds. Here is a breakthrough in simple words.

Regarding brokerage, Sharekhan stands out with zero charges for account opening. They allow free Equity, Commodity, or Currency research access in this client-friendly atmosphere.

Additionally, the brokerage house offers free Dial-N-Trade and DP AMC for the first year. Even there is no fund transfer fee to encourage more traders.

After a breath easy in the first year, Sharekhan started to count standard charges. The AMC costs ₹400 after one year of relief.

For each security sold, the firm charges DP charges of ₹16 if the total traded value is ₹3200 or less for a particular scrip.

The Equity delivery charge is either 0.30% of the market rate or a minimum of 1 paisa per share.

However, Sharekhan keeps it simple for options trading; a flat ₹20 per lot for Equity and Commodity options are deducted.

For future brokerages across Equity, Commodity, and Currency, it’s a reasonable 0.02% per trading value.

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Sharekhan Demat Account Offers

Free Account Opening


Free AMC

1st Year Free

Free Brokerage


Free Research Reports


Free Trading calls


Referral Offers

Upto Rs.400 per Client

Sharekhan Demat Account Opening Process – Step by Step

With a Sharekhan Demat account opening, investors can access a smooth and secure system and get the best advice ever in the market.

Investors can join any of the Demat account plans without significant finance. In this section, we will answer all your queries on how to open a sharekhan Demat Account.

The finance house encourages a 100% online joining process per the present market trend. Investors have an App facility for the fast process of starting the joyride.

However, a non-tech-savvy person can ask their team for help and tutorial videos.

How to open a Demat account in Sharekhan? – Online Process

Have you ever thought about how to open a Demat Account in Sharekhan, like an online food order? Here is a step-by-step breakdown of the process.

  • Check out the tab below named “Open your demat account”.
  • The customer care team will call back on the same day at your preferred time. Investors should be prepared with all basic queries and relevant papers. You may need to upload the documents to the app or webpage for e-KYC verification.
  • They will issue an active link to join the platform. Also, you can directly enter the link after an OTP verification.
  • You may need to submit all papers, ID, tax details, and income statements for verification. Also, add a cancelled cheque, passport-size photo, and PoA papers. In addition, income proof needs a CA-certified paper.
  • For NRI investors, a person with power of attorney is mandatory.
  • In this time-saving process, investors will enjoy a fast-forward process.

How to Open Sharekhan Demat Account? – Offline Process

To open a Sharekhan Demat account offline, visit the nearest branch. Though the process is 100% online, their team can help you at the initial stage.

However, you should call the nearest branch before arriving there. Also, keep all the originals and photocopies of the papers mentioned above for KYC verification.

Additionally, a CA verification is necessary for income proof.

Investors have to get help from a Depository Participant to verify papers and open the account for the investor.

Once they verify, you will get an email with login credentials. The Demat account number is a combination of DP ID and Client ID.

It is good to note that DP will make sell or buy decisions on behalf of clients.

There is no offline process so investors can follow some essential tutorial videos. The RM can help you in the account setup process.

Eligibility Criteria to Open Sharekhan Account




18+ Years

Active Bank Account


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Documents required to Open Sharekhan 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)


Open a Sharekhan account online or visit their branch office. But always check some primary documents from here. You need a smooth set of these documents.

  • A valid photo ID
  • Address proof
  • Bank details
  • Mobile number
  • A cancelled cheque
  • An active email ID
  • Income and tax details, certified by CA
  • IPV verification


However, clients can call customer care for a cross-check or further development. NRI investors must initiate deploying a power of attorney; they can email the Sharekhan team.

How to Close Sharekhan Demat Account?

So, you want to know how to close the Sharekhan Demat account, but it takes work, like an ‘unsubscribe’ button. You need to visit the nearest branch in person. There is no online option for this. However, you can again join the platform with a payment of ₹100. Here is a lowdown on how to close Sharekhan Demat account.

  • You must visit the branch for a paper-based account closure request form for the RM.
  • Please fill it out and attach all Delivery Instruction Slips before submission.
  • Always mention a valid reason to justify your steps.
  • Please place it in the dropbox, or a courier option is available.
  • In the case of a joint account, get all the account holders to sign the paper.
  • Hold your patience, as it may take almost a week.


Sharekhan Demat Account Review – Conclusion

From the outset, Sharkhan welcomes clients with open arms for trading, even transforming it into a productive loan! A range of products, along with the Sharekhan Demat account’s good returns and client-friendly initiatives, make this 23-year-old body a firm brand name in the capital market. Moreover, its FY23 remained a profit-making year as usual, and the Company completed an annual income of ₹1,154 cr.

After South Korea’s Mirae Assets step in Sharekhan’s acquisition for ₹3000 crores, the firm is solidifying its position in a highly competitive market. So, the firm’s operation body is more hopeful for 2024 with a robust change in the online trading experience.

FAQs on Sharekhan Demat Account Review

Here is the list of FAQs related to the Sharekhan demat account.

How to Create a Demat Account in Sharekhan?

To create your demat account with Sharekhan, you need to hit the “open a demat account” button below.

Please fill out the form and submit it. You will receive a call from the customer care executive to guide you further.

How to Delete Sharekhan Account?

You can’t delete an account online. Kindly visit the nearest branch for a request for an account closure form. It may take seven business days.

What is AMC in Sharekhan?

AMC is free for one year; ₹400 is debited after that period when you become a wealthy position to pay.

What are Sharekhan Account Opening Fees?

Account opening cost is zero, and you have liberty with free access to the research wing for one year. In addition, Sharekhan offers one year of free access to trading terminals.

How do you find the demat account number in Sharekhan?

BOID, or Beneficiary Owner ID, is an exclusive identification number provided to every Sharekhan Demat account holder.

Comprising 16 digits, it includes the DP ID in the initial part and the customer’s identification number in the subsequent part.

Upon initiating a new account, customers receive the BOID in the Sharekhan welcome package. DP ID and BOID details are also available on the trading platforms after a successful account opening.

How do you get a Statement of Demat Holdings in Sharekhan?

In general, it depends on NSDL and CDSL registration. In this case, you can use the Sharekhan App to access statements and the ledger quickly.

Precisely, login to your account and click the ‘Script Summary’ section. You can sort the data as per date and time.

What documents are required to open a demat account in Sharekhan?

You need this set of documents.

  • A valid photo ID
  • Address proof
  • Bank details
  • Valid Mobile number
  • A cancelled cheque
  • An active email ID
  • Income and tax details, certified by CA

How long does opening a Demat Account in Sharekhan take?

Though Sharekhan claims to open an account in 15 minutes, you should keep it for 2 or 3 days for safety.

How do you change your bank account in Sharekhan?

Clients can request a CDSL account modification form. Fill it in and attach a cancelled cheque from the new bank. After that, please submit it to the branch and collect the recipient’s copy.

How do you transfer shares from a Demat account to Sharekhan Demat?

Complete a DIS slip, sign it, and forward it to Sharekhan. Following a brief review, they initiate the transfer to the depository, concluding the transfer request.


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