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Day: August 1, 2020

Procedure to Close DEMAT Account

Account ClosureIf the demat account has no holdings and all payments have been settled, the investor can easily raise the closure request with the depository participant. To close the account investors need to: Avail the closure form-Submit duly filled and sighed form to the nearest branch-Alternatively, Send duly filled and sighed form to the HO… Read More Procedure to Close DEMAT Account

August 1, 2020August 4, 2020 amitavdasLeave a comment

Documents Required to open DEMAT Account

The different types of documents required for opening a Demat account are: Proof of Identity (POI) Proof of Address (POA) Proof of Income (For trading in derivatives such as F&O) Proof of Bank Account PAN Card 1 to 3 passport size photographs Here is the detailed list of documents that are required to open a… Read More Documents Required to open DEMAT Account

August 1, 2020August 4, 2020 amitavdasLeave a comment

Demat Account Number

A DEMAT Account Number is your personal identification number assigned to you by the Depository Participants with which you have opened your account. This Demat account number is a unique 16-digit account number assigned by the Depository Participant to the demat account holder to carry out trading through electronic mode. The format of demat account… Read More Demat Account Number

August 1, 2020August 5, 2020 amitavdasLeave a comment

Different Types of DEMAT Account

There are three types of Demat Account : Regular Demat Account: Traders or Investors who resides in India use this type of Demat Account. 2.Repatriable Demat Account: This Demat account useful to the Non-Resident Indians(NRIs) as it allows fund transfers abroad. Such a Demat account requires an associated NRE bank account. 3.Non-Repatriable Demat Account: A… Read More Different Types of DEMAT Account

August 1, 2020August 4, 2020 amitavdasLeave a comment

Bull Market Vs Bear Market

Bull and Bear are the two mostly used words among the stock market trader or investor. These two words significantly impact the stock market traders . If you follow the Business News Papers or Business News Channels in TV, you must be familiar with these two words Bull and Bear. The phrases like Bull Market,… Read More Bull Market Vs Bear Market

August 1, 2020August 3, 2020 amitavdasLeave a comment

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