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FAQ'S For DEMAT Account

What is a Demat account?

The Demat account also acts like a bank account. Here too the bank balance can only be entered in the passbook, you cannot keep it in physical form, and it is also protected electronically, and debited and credited like a bank account.

Why should a Demat account?

As per SEBI guidelines, shares cannot be sold or bought in any form except demat. Therefore, if you want to buy or sell stocks from the stock market then you must have a Demat account.

How does a Demat account works?

When you buy a share, the broker credits the shares in the Demat account with it and it appears in the details of your holding. If you trade through an internet-based platform, you can view your holdings online. When you sell shares, you have to give delivery instructions to your broker, in which you have to fill the details in the stock sold. The stock gets debited in your account and you pay money for the shares sold. If you pay through the internet, debit of shares and credit of amount starts appearing automatically in your account.

Read FAQ'S For DEMAT Account

The business collaboration has been done for DEMAT ACCOUNT with ANGEL BROKING, ICICI SECURITIES, UPSTOX

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