Stocko demat account
What the Stocko demat account holds, how it differs from the trading account, the recurring charges (AMC + DP), and how to open or transfer holdings to it.
At a glance
What the Stocko demat account does
The demat account is custody — the electronic locker that holds the shares you buy through Stocko. It is one of two accounts that retail Indian investing requires; the other is the trading account, which places the buy / sell orders. Both are usually opened together with Stocko in a single application.
The actual shares are held by CDSL or NSDL — not by Stocko. Stocko is the depository participant (DP) that connects you to the depository. If Stocko were to shut down, the shares stay safe with the depository; you would transfer them to a new broker. This separation of execution (broker) and custody (depository) is the core of SEBI’s investor-protection design.
Stocko demat account charges
The recurring demat-side charges on a Stocko account:
- Account opening — one-time, often ₹0 at discount brokers; up to ₹500 at some full-service brokers. Check the live Stocko charges page.
- Annual Maintenance Charge (AMC) — typically ₹0–₹500 / year. The largest recurring demat cost for buy-and-hold investors.
- DP charges — ₹15 per scrip per day on the sell-side of every equity delivery trade. Flat — same regardless of trade size.
- Statutory charges per trade — STT, exchange transaction charges, SEBI fee, stamp duty, GST. Identical across brokers; see the STT and DP charges explainers for details.
Opening a Stocko demat account
Online and paperless for resident Indians with Aadhaar. Keep PAN, Aadhaar (with mobile linked), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. The full e-KYC + IPV + e-sign flow takes 1–3 working days. See the Stocko account opening page for the step-by-step.
Transfer existing holdings to Stocko
If you already hold shares with another broker, you do not need to sell them to switch. Open a Stocko demat account first, then use CDSL EASIEST or NSDL e-DIS to move holdings off-market from your old broker’s demat to your Stocko demat. The depositories charge a small transfer fee; the shares appear in your new account in 1–2 working days. After the transfer, formally close the old account to stop its AMC.
Planning to hold mutual funds here too? See mutual funds on Stocko — direct vs regular plans, SIPs and commissions, and how units sit in this demat account.
Frequently asked
What people ask about the Stocko demat account.
A demat account at Stocko is the electronic locker that holds the shares, ETFs and other securities you buy through Stocko. Stocko acts as a depository participant — the institutional layer connecting you to the depository (NSDL). The shares are held by the depository, not by Stocko.
Stocko's demat side has up to three recurring components: an Annual Maintenance Charge (AMC — Rs. 200 + 18% GST per annum from 2nd year (1st year free)), DP charges (₹15 per scrip per day on sell-side delivery), and account opening (one-time, often free). Trading-side brokerage and statutory charges are separate. See the full schedule on the Stocko charges page.
Stocko is a depository participant of NSDL. Your shares sit with the depository, not with Stocko — so even if the broker shut down, your holdings stay safe and can be moved to another broker. The depository is assigned when your demat account is opened.
Stocko is SEBI-registered and a depository participant of NSDL. Your shares are held by the depository, not the broker — broker failure does not put your holdings at risk. SEBI mandates client-fund segregation, 2FA on every login and periodic reconciliation by the depositories. The main practical risk to manage is account-level fraud (phishing, OTP sharing), which is identical across brokers.
Open online with PAN, Aadhaar (mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo, and a signature on white paper. Aadhaar e-KYC + IPV video + e-sign takes 1–3 working days end-to-end. See the Stocko account opening page for the step-by-step flow.
Yes. Open a Stocko demat account first, then use the CDSL EASIEST / NSDL e-DIS facility to transfer holdings off-market from your old broker's demat to your Stocko demat. No need to sell anything. After the transfer, close the old account to stop its AMC.
The AMC continues to apply as long as the account is open. Extended inactivity leads to a dormant status (typically 12+ months without trades), which requires a re-KYC to revive. If you no longer need the account, formally close it to stop the AMC.