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Demat Account

Understand the features and benefits of Demat Account. Checkout the different types of Deamt Account

VruhiPawar
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Demat Account

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  1. DEMAT ACCOUNT USE AND DIFFERENT TYPES OF DEMAT ACCOUNT  

  2. What is Demat Account • Demat account is just like an online bank where a copy of your shareholdings is stored. Demat is the short form for dematerialization. • The Demat account facilitates smooth, easy, and safe transactions, while extending full convenience to the traders. • Just how you save your money in a bank account, you can save share and other stock holdings in your Demat Account online. Technology has progressed and that’s why now, you can open Demat account online, without physically submitting your documents. • All the documents must be uploaded online and with just a few clicks, you will be able to successfully open demat account online.  

  3. How Demat accounts online work?  • Demat account online involves two parties your broker (trading account) and your bank. Unless you don’t have an online trading account, Demat account will only be limited to holding your shares and other related stocks.  • When you link your bank account, the amount is debited and credited from your bank account and shares reflect in your holding statement.  

  4. Benefits of Demat account online • At your fingertips: All your stock market holdings can be accessed without any hassle, with just a few taps. You no longer have to take care of physical share certificates, just have to remember your login details.   • For all stocks: Demat account online doesn’t just hold and keep a tab of your shares, but also other investment instruments such as mutual funds, bonds, and more. You can keep a tab of all your investments through one Demat account. Thus, if you yet haven’t opened a Demat account online, it’s about time, you do.   • Save time and paper: documentation can use up a lot of paper. However, with a Demat account online, you no longer need physical documentation. Anything that is processed using technology is faster and thus, you end up saving a lot of time by transacting through your Demat account online.  

  5. Types of Demat Accounts • Regular Demat Account   • Repatriable Demat account   • Non-repatriatable Demat Account  

  6. THANK YOU

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