Demat Account Growth Slows to Six-Year Low in 2025

In 2025, the number of demat accounts in India grew to a new high of 21.59 crore, but the growth rate slowed down to 16.5%, the lowest in six years.

This means that while more people are opening demat accounts, the number of new accounts added each year is increasing at a slower pace.

CDSL, one of the two main depositories, added the most new accounts, while NSDL added fewer but still saw growth.

This slowdown comes after years of much faster growth, especially during the pandemic when many new investors entered the market.