Title: Everything You Need to Know About Demat Account
1Demat Account Everything You Should Know
www.bigul.co
2Demat Account Explained
A Demat Account is used to hold stocks and
investments digitally, making online trading
simple and secure. It keeps shares, bonds, and
mutual funds in one place, reducing the risk of
fraud or loss. Introduced in 1996, it helped
digitize India's stock market. Earlier, opening a
Demat account took days, but now it can be done
online in just 5 minutes.
www.bigul.co
3 Dematerialization
- Dematerialization converts physical share
certificates into digital form, making them easy
to manage and access from anywhere. To trade
online, investors must open a Demat account with
a Depository Participant (DP). - This process eliminates physical certificates,
speeding up transactions and ensuring security.
To convert shares, submit your certificates along
with a Dematerialization Request Form (DRF),
marking them as "Surrendered for
Dematerialization". Once processed, you'll
receive an acceptance slip.
www.bigul.co
4How to Open a Demat Account with Bigul?
- Visit the Bigul Website Go to the official
Bigul website. - Enter Your Details Provide your mobile number
and email address. - Verify Your Identity Submit your PAN and
Aadhaar card details for verification. - Fill Personal Bank Details Enter your
personal and bank account information. - Select Investment Segment Choose the trading
segment that suits your needs. - Complete E-Sign Click on the e-sign button to
finalize your Demat account setup.
www.bigul.co
5Demat Account Fees and Charges
- Bigul doesnt charge an account opening fee
- Annual Maintenance Charge (AMC) is free for 1 year
Demat Account Types
- Depository Participants provide three distinct
types of Demat accounts - Regular
- Repatriable
- Non-repatriable
www.bigul.co
6Required Documents
- You need documents that meet KYC (Know Your
Customer) requirements to open a free demat
account. Generally, the documents are - Permanent Account Number (PAN) (compulsory as per
regulations) - Aadhar card
- Bank statement (last 3 months)
- Proof of Address
www.bigul.co
7Key Features of Demat Account
- Easy and secure trading with no risk of loss or
theft. - Less paperwork and lower transaction costs.
- Trade freely from anywhere, even with a single
share. -
- Hold both stocks and debt securities in one
account. - Depository participant manages transactions,
simplifying the process.
www.bigul.co
8Benefits of Demat Account
- No risk of losing or damaging physical share
certificates. Everything is stored securely in
digital form. - Buying and selling shares happens instantly
without delays or paperwork. - No stamp duty on share transfers, and
transaction costs are lower than physical
trading. - You can buy or sell even a single share without
any restrictions. - Any changes like address updates or corporate
actions (bonus shares, mergers, etc.) get
reflected automatically in your account.
www.bigul.co
9Difference Between Demat Account and Trading
Account
Feature Demat Account Trading Account
Purpose Stores shares securities in electronic form Used to buy and sell shares on the stock market
Function Acts like a digital locker for shares Works like a bank account for trading stocks
Fees Requires annual maintenance charges No annual maintenance fees
Approval Needs approval from SEBI NSDL No special approval required
Best for Long-term investors who want to hold shares Active traders who buy and sell frequently
www.bigul.co
10Download Bigul Trading App!
Supercharge your trading on the go with the Bigul
Trading App! Download now for instant access to
cutting-edge features, real-time insights, and
unparalleled convenience.
www.bigul.co
11Contact Details
Bigul-2004, The Affaires, Sector 17, Off Palm
Beach Road, Sanpada-400705, Navi Mumbai, M.H
https//bigul.co/
support_at_bigul.co
9090491913
Be Social with us
www.bigul.co
12THANK YOU
Thank You for Choosing Bigul for Your Trading
Needs
https//bigul.co/
www.bigul.co