Demat Accounts Openings Updates

The total number of new Demat Accounts opened in December 2023 reached a historic high of 42 lakh.

This is a 50% surge compared to November, which saw 28 lakh new demat accounts.

With this, the number of demat accounts in India now stands at 13.93 crore.

Going further back, in FY14, there were 2.2 crore accounts, and the subsequent years witnessed a steady climb — 2.3 crore, 2.5 crore, 2.8 crore, 3.2 crore, 3.6 crore, and 4.1 crore in FY 15, FY16, FY17, FY18, FY19 and FY20, respectively.

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