If you are logging in for the first time, 

1. Tap Continue with PhonePe, enter your mobile number, and tap Verify.
   Note: Make sure your Aadhaar is linked with a mobile number. Tap here << What if my mobile number is not linked with my Aadhaar? >> to see what you should do if your Aadhar is not linked to your mobile number.
2. Next, enter the 5-digit OTP and tap Verify.
3. Enter or verify your personal email ID and tap Proceed.
   Note: You can only create one Demat account with PhonePe using one email ID.
4. Next, enter the 5-digit OTP that’s sent to your email ID and tap Verify.
5. Tap Open Account.

If you already have a Demat account with PhonePe Wealth, 

1. Enter your mobile number and tap Verify.
2. Enter the OTP sent to your mobile number and tap Proceed.
3. Enter your 4-digit PhonePe passcode and tap Proceed.