Dmat Account

Hi Rakesh,Demat account, short term for dematerialised account is a type of banking account which dematerialize the paper-based physical shares. The idea of dematerialised account is to avoid the need to hold physical shares--the shares are virtually being bought and sold through the banking account

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Demat account popularly used short name for dematerialised account, is something you would require in case you wish to online purchase and sale of securities such as stocks, mutual funds, gold etfs, etc. Although you have the option of receiving securities in physical or demat mode, it would be advi