Demat Account

Demat refers to a dematerialised account. Demat account is just like a bank account where actual money is replaced by shares. A Demat Account is required to buy or sell stocks.

A Demat Account holds portfolio of shares in electronic form and obviates the need to hold shares in physical form. Nowadays, Securities and Exchange Board of India (SEBI) has made electronic trading of shares mandatory, hence a demat account is must for trading and investing in shares.

A Demat Account offers a secure and convenient way to keep track of shares and investments without the hassle of handling physical documents that get mutilated or lost in transit.