Introduction: All the Traders or Investors who wants to trade in securities market needs to have a DEMAT Account. In this DEMAT account shares or securities are held in electronic form. In this article we will discuss how to open a DEMAT Account. Steps: Choose a depository participant as per your choice. You can get… Read More How to Open Demat Account?
A DEMAT Account or Dematerialised Account is an account that is used to hold shares and securities in electronic format. The full form of Demat account is a dematerialised account. The purpose of opening a Demat account is to hold shares that have been bought or dematerialised (converted from physical to electronic shares), thus making share… Read More What is 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
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
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