Can I open Upstox account without Aadhaar card?

Yes, you can open a Upstox Demat account without Aadhaar but only via the offline method. Aadhaar Card is mandatory for opening a Demat account online because you receive the OTP for esign in the mobile number linked to your Aadhaar. However, it is possible to open a Demat account without Aadhaar if you are applying in offline mode. The document requirements for opening a Demat account are ID proof, Address proof, Bank proof, and PAN card. The PAN card is a mandatory requirement for opening a Demat and trading account.