Guide On Demat Account

By Author: Mickel Smith
Total Articles: 6
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In some ways, a Demat account is similar to a bank account. You must be thinking what is a demat account? So, let’s have a look over it. Equity shares and other securities are held in your Demat account in the same way you maintain your cash balances and other assets in your bank account. In the past, shares were kept in the form of paper certificates The dematerialization of these physical shares allows them to be held in a Demat account.

There are no problems with improper delivery, losing your share certificates, signature mismatches, keeping your share certificates, or anything like that anymore. Nowadays, all stock purchases and trades are conducted exclusively via the Demat mechanism.

But first, let's take a look at the steps involved in opening a Demat account.

Let’s have a look at the