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What is demat account what is the use of it?
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 A Demat account allows you to hold your shares and other securities digitally. It makes the buying and selling process easy. It will help you convert your Physical Securities into electronic forms that will be easy to maintain. You can Dematerialization & Rematerialisation of Securities and other Corporate Benefits. The SEBI has made it mandatory to open Demat accounts who want to invest in the Share Market.
There are several uses of Demat Account like:-
They update users with the live market price, the latest trends, and news daily.
For Intraday Equity, Currency, and Commodity futures trades, you need to pay Rs. 20/- per order or more.
The interface of this app is user-friendly.
The app provides trading tips and advanced technical charting tools.
In the tracking platform, you can get an advanced graph sheet by which you can analyze your share per min. They have a dashboard that helps to monitor the market.
Now they come with a booking facility that helps you record all your investments.
They have the branch facility to resolve customer issues and provide flexibility to choose a central depository. (CDSL/NSDL)


 A demat account is an account to hold financial securities in electronic form. In India, demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited. It is used to hold the shares and securities of publicly traded companies in an electronic form. With this account, you can hold a wide variety of investments such as bonds, equity shares, government securities, mutual funds, and exchange traded funds .
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RE: What is demat account what is the use of it? - by KartikBhatt - 03-02-2022, 04:28 PM

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