Short answer

Account opening is free on Arrow (trading member and depository participant: iRage Broking Services LLP).

ChargeAmount
Demat + trading account opening₹0
Account Maintenance Charge (AMC) for resident individuals (regular scheme)Nil (yearly)

You still pay brokerage on trades (where applicable) and statutory charges (STT, exchange fees, GST, etc.). See:

Open an account at kyc.arrow.trade.

Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift City, Gandhinagar.