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A demat a/c us the dematerialistic form of holding the share.Buying and selling of shares through online is reflected in demat a/ c
Share and securities are held electronically in a dematerialized or Demat account, instead of the investor taking physical possession of certificates. A dematerialized account is opened by the investor while registering with an investment broker.
Dematerialized Account is shortly called as Demat Account. In India, all shares and securities are kept in a dematerialized account without any physical possession of certificates of the shares or securities. A Demat account is opened while registering with a broker or sub-broker by the investor for trading. Demat account is a convenient way to hold the securities with easy and immediate transactions. It also facilitates the trader to work from anywhere to his convenience.
Share and securities are held electronically in dematerialized or Demat account, instead of the investor taking physical possession of certificates. A dematerialized account is opened by the investor while registering with an investment broker.
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