Open a Free Demat Account with No Annual Charges

Ads Details

Location
Mumbai, Maharashtra
Posted On
26 days ago
Phone Number
8124242424

Additional Details

Ad ID
1152
Ad Views
68

Description

What is Demat Account?

Demat or Dematerialized Accounts are the modern and electronic variants of theearlier paper-based accounts. Dematerialization or the process of converting physical shares into electronic form is shortened to ‘Demat’ accounts.

Demat account serve the all-important purpose of storing your investment products in electronic form and allowing you to trade or invest on-the-go.

Think of Demat Accounts as the regular savings account of a bank, except Demat is for stock market investments. You need to have a Demat to be able to participate in the capital markets, besides it provides hassle-free trading, with zero paperwork involved.

Demat Account have to opened via the 2 depositories, CDSL and NSDL. These depositories come under the supervision of Market regulator, SEBI.

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