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DEMAT Account

DEMAT Account

What is demat account?

DEMAT Account came into existence in India in 1996, stocks and shares were issued and traded in physical paper form. With the age of computers and Technology, shares and securities are held electronically in a dematerialized form (DEMAT Account), instead of the investor taking physical possession of certificates. It allows you to buy, sell as well as transact conveniently without the need of any paperwork. by registering with a Stock Broker from Angel Broking.

Why do you need a demat account?

Nowadays, all trades are settled in dematerialized form. Although the market regulator, the Securities and Exchange Board of India (SEBI), has allowed trades of upto 500 shares to be settled in physical form, trading using a DEMAT account is widely accepted. Hence, you require to have a DEMAT account for dealing in Stocks and Shares.


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