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Demat account opening in India is required for possessing a dematerialized account that is used to trade in stocks or debentures listed in the stock exchanges. Dematerialization means that all the securities and shares are stored in the account electronically instead of as physical certificates. Possession of dmat account by investors is compulsory as per the guidelines from The Securities Exchange Board of India (SEBI), the country’s stock market regulator.
Demat Account Opening has many Benefits:
You stand to benefit immensely from opening a demat account. Some of the benefits of opening a dmat account are -
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Demat account is a safe and convenient way of holding securities |
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Demat account gives immediate option for transfer of securities |
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No stamp duty on securities’ transfer required if they are held in a demat account |
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Demat account eliminates risks related to physical stock certificates like , bad delivery, thefts etc. |
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Demat results in significant reduction in paperwork and transaction costs |
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Even a single share is saleable through a dmat account |
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Address change once recorded with DP gets registered with all companies the stocks of which are held by investor. |
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Automatic credit of shares, dividends, etc. |
So if you want to invest in Indian Share Market, then open demat account right away and start availing the numerous benefits. It is easy to learn about how to open demat account. Just surf through the website to know everything about demat account, demat account opening, demat account opening benefits, demat account charges and more. |