Beginner’s Guide to Open Demat Account in India
Investing has become simpler in recent years with the use of digital platforms. For anyone willing to begin investing, opening a Demat account is an important step . This account helps investors to hold their securities in electronic form instead of physical certificates which are prone to loss and damage. The process of opening a Demat account has changed over time and now it can be easily done online. This article explains the steps to open a Demat account online, along with Demat account features, and benefits . What is a Demat Account? A Demat account, also called dematerialised account, stores financial securities such as shares, bonds, and other securities in electronic form. This reduces the risk of loss, theft, or damage linked to physical certificates. It also makes buying, selling, and transferring securities simpler because all transactions happen digitally. Steps to Open a Demat Account Opening a Demat account is easier with online plat...