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Open Free Demat Account, Everything You Need to Know | Bigul

https://bigul.co/everything-you-need-to-know-about-demat-account-in-india<br>Investors initially used to open an account manually, which takes several days to activate, while online Demat account opening takes only 5 minutes.

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Open Free Demat Account, Everything You Need to Know | Bigul

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  1. Demat Account: Everything You Should Know www.bigul.co

  2. Demat Account Explained A Demat Account is used to hold stocks and investments digitally, making online trading simple and secure. It keeps shares, bonds, and mutual funds in one place, reducing the risk of fraud or loss. Introduced in 1996, it helped digitize India's stock market. Earlier, opening a Demat account took days, but now it can be done online in just 5 minutes. www.bigul.co

  3. Dematerialization Dematerialization converts physical share certificates into digital form, making them easy to manage and access from anywhere. To trade online, investors must open a Demat accountwith a Depository Participant (DP). This process eliminates physical certificates, speeding up transactions and ensuring security. To convert shares, submit your certificates along with a Dematerialization Request Form (DRF), marking them as "Surrendered for Dematerialization". Once processed, you'll receive an acceptance slip. www.bigul.co

  4. How to Open a Demat Account with Bigul? • Visit the Bigul Website – Go to the official Bigul website. • Enter Your Details – Provide your mobile number and email address. • Verify Your Identity – Submit your PAN and Aadhaar card details for verification. • Fill Personal & Bank Details – Enter your personal and bank account information. • Select Investment Segment – Choose the trading segment that suits your needs. • Complete E-Sign – Click on the e-sign button to finalize your Demat account setup. www.bigul.co

  5. Demat Account Fees and Charges • Bigul doesn’t charge an account opening fee • Annual Maintenance Charge (AMC) is free for 1 year Demat Account Types Depository Participants provide three distinct types of Demat accounts • Regular • Repatriable • Non-repatriable www.bigul.co

  6. Required Documents You need documents that meet KYC (Know Your Customer) requirements to open a free demat account. Generally, the documents are: • Permanent Account Number (PAN) (compulsory as per regulations) • Aadhar card • Bank statement (last 3 months) • Proof of Address www.bigul.co

  7. Key Features of Demat Account • Easy and secure trading with no risk of loss or theft. • Less paperwork and lower transaction costs. • Trade freely from anywhere, even with a single share. • Hold both stocks and debt securities in one account. • Depository participant manages transactions, simplifying the process. www.bigul.co

  8. Benefits of Demat Account • No risk of losing or damaging physical share certificates. Everything is stored securely in digital form. • Buying and selling shares happens instantly without delays or paperwork. • No stamp duty on share transfers, and transaction costs are lower than physical trading. • You can buy or sell even a single share without any restrictions. • Any changes like address updates or corporate actions (bonus shares, mergers, etc.) get reflected automatically in your account. www.bigul.co

  9. Difference Between Demat Account and Trading Account www.bigul.co

  10. Download Bigul Trading App! Supercharge your trading on the go with the Bigul Trading App! Download now for instant access to cutting-edge features, real-time insights, and unparalleled convenience. www.bigul.co

  11. Contact Details Bigul-2004, The Affaires, Sector 17, Off Palm Beach Road, Sanpada-400705, Navi Mumbai, M.H https://bigul.co/ support@bigul.co 9090491913 Be Social with us: www.bigul.co

  12. THANK YOU Thank You for Choosing Bigul for Your Trading Needs • https://bigul.co/ www.bigul.co

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