Please enter my referral code to get special benefits = BADH002 What is a Demat Account? A demat account or dematerialised account is an account which holds shares in the electronic form. Earlier, investors used to take physical possession of shares. This practice was discontinued after the idea of having a demat account was introduced. In order to initiate any transaction, an investor has to quote his demat account number, after which electronic settlements of trade take place. One cannot start trading without a demat account. What are the features of a Demat Account? Listed below are the important features of a demat account: Safety: Your shares and debentures are safe in the demat account as chances of thefts, loss or damage are eliminated as securities are held in an electronic form. Costs: Lower transaction costs Accessibility: Buy/sell securities from a computer, cellphone, ipad and other smart devices anytime, anywhere. ...
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