Demat Account

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DEMAT ACCOUNT

• USE AND DIFFERENT TYPES OF DEMAT ACCOUNT  

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What is Demat Account

• Demat account is just like an online bank where a
  copy of your shareholdings is stored. Demat is
  the short form for dematerialization.
• The Demat account facilitates smooth, easy, and
  safe transactions, while extending full
  convenience to the traders.
• Just how you save your money in a bank account,
  you can save share and other stock holdings in
  your Demat Account online. Technology has
  progressed and thats why now, you can open Demat
  account online, without physically submitting
  your documents.
• All the documents must be uploaded online and
  with just a few clicks, you will be able to
  successfully open demat account online.  

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How Demat accounts online work? 

• Demat account online involves two parties your
  broker (trading account) and your bank. Unless
  you dont have an online trading account, Demat
  account will only be limited to holding your
  shares and other related stocks. 
• When you link your bank account, the amount is
  debited and credited from your bank account and
  shares reflect in your holding statement.  

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Benefits of Demat account online

• At your fingertips All your stock market
  holdings can be accessed without any hassle, with
  just a few taps. You no longer have to take care
  of physical share certificates, just have to
  remember your login details.  
• For all stocks Demat account online doesnt just
  hold and keep a tab of your shares, but also
  other investment instruments such as mutual
  funds, bonds, and more. You can keep a tab of all
  your investments through one Demat account. Thus,
  if you yet havent opened a Demat account online,
  its about time, you do.  
• Save time and paper documentation can use up a
  lot of paper. However, with a Demat account
  online, you no longer need physical
  documentation. Anything that is processed using
  technology is faster and thus, you end up saving
  a lot of time by transacting through your Demat
  account online.  

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Types of Demat Accounts

• Regular Demat Account  
• Repatriable Demat account  
• Non-repatriatable Demat Account  

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THANK YOU