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A Demat account is an electronic account that holds all your investments in shares, government securities, exchange-traded funds, bonds, and mutual funds in one place. It enables the digitization of the stock trading market and enforces better governance.
Trading becomes simple with easy access to your stocks, securities, and other investments directly from your Demat account.
Your investments are stored electronically, providing a secure environment and reducing the risks associated with physical share certificates.
Transfer securities seamlessly with the click of a button. Demat accounts enable fast and hassle-free transactions.
Access your assets and statements easily through online banking.
Convert physical documents into electronic form for seamless management.
Shares are credited automatically during mergers, bonuses, or consolidations.
Save money with low transaction costs and no stamp duty on securities.
Streamline share trading and eliminate unnecessary paperwork.
Enjoy maximum security and convenience for your investments.
Choose a Depository Participant (DP) to open the account.
Submit your personal details like Name, Mobile, and City.
Verify your mobile number using an OTP.
Complete eKYC and upload required documents: Proof of Address, Identity, Income.
Ensure you have a PAN card, as it is mandatory.