How to Open a Demat Account (1)

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Know How to Open a Demat Account in Easy Way
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What is Demat Account?
Demat account is like a bank account for holding
securities just like funds . It is safe and
convenient for trading for storing shares in
electronic form. Today, practically 99.9
settlement (of shares) takes place on demat mode
only. Thus, it is advisable to have a Beneficiary
Owner (BO) account to trade at the exchanges.

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Benefits of Demat Account..
There are a lot of benefits that a trader will
have while opening a demat account and they are
as follows-

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• In your demat account your dematerialized shares
  will be held in a secure electronic environment.

• The pace at which your shares and securities will
  be transferred is going to be faster and more
  convenient than the physical form.

• If you have a demat account then there are no
  charges on stamp duty while your securities are
  transferred

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Benefits of Demat Account..
Continue

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• There has been a significant reduction in paper
  work involved while opening a demat account.

• The best thing is that you can even buy or sell a
  single share when you have a demat account.

• In a dematerialized account the risks involving
  physical shares like loss of certificates in
  transit or fire is negated.

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Is It Mandatory for trading?
Yes, Demat Account is mandatory for trading in
Indian share market. The Securities and Exchanges
Board of India made it compulsory for buying and
selling of shares. Because of SEBI guidelines,
all physical certificates must be converted into
demat form by investor.

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Demat Charges Services
No Opening charges You can open free demat
account with us. Maintenance Charges No
maintenance charges in first year. Free Trading
software. Trade in any number of lots or any
order size just pay Rs. 5 per order.

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Open demat Account

• LetsDemat
• 402 Corporate Annexe, Sonawala Road,Goregaon (E
  ), Sonawala Industry Estate, Goregaon East,
  Mumbai, Maharashtra 400063, India

http//www.letsdemat.com/dematerialisation-shares
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Thanks
You
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