Published On: Mon, Oct 23rd, 2017

What is a Demat account ?

In India, shares and securities are held electronically in a dematerialized (or Demat)  account, instead of the investor taking physical possession of certificates. A Demat account is opened by the investor while registering with an investment broker (or sub-broker). The Dematerialized account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Dematerialized account for the purpose of transacting

Access to the Dematerialized account requires an internet password and a transaction password. Transfers or purchases of securities can then be initiated. Purchases and sales of securities on the Dematerialized account are automatically made once transactions are confirmed and completed.

If you want to start trading then register yourself to the below link and get your Demat account within 48 hours.

Open an online trading and demat account with Zerodha and enjoy the lowest brokerage-Click here…

 

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