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A Demat (short for "Dematerialized") account allows you to hold shares and securities in electronic format, making it a must-have for safe and efficient online trading in the stock market.
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Can a demat account be closed and re-applied for in India? Yes, a Demat account in India can be closed anytime and re-applied for later. If you're switching brokers or not actively investing, you can submit a closure request and later open a new one with any registered Depository Participant (DP). ? What is a Demat account ? A Demat (short for "Dematerialized") account allows you to hold shares and securities in electronic format, making it a must-have for safe and efficient online trading in the stock market. ? Open a Demat Account Online Opening a new Demat account is quick and paperless. With JM Financial, you can complete the process in minutes using PAN, Aadhaar, and eKYC. ? Open a Demat account online with JM Financial and start trading instantly.