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What is Demat
Account?0Demat account is like a bank account forholding securities just like funds . It is safeand convenient for trading for storing shares
in electronic form.
0oda!" practicall! ##.#$ settlement %ofshares& takes place on demat mode onl!.
hus" it is advisable to have a 'ene(ciar!)wner %')& account to trade at thee*changes.
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Benefts o Demat
Account..There are a lot o benefts that a trader willhave while opening a demat account and theyare as ollows:
0 In !our demat account !our demateriali+ed shareswill be held in a secure electronic environment.
0he pace at which !our shares and securities willbe transferred is going to be faster and moreconvenient than the ph!sical form.
0 If !ou have a demat account then there are nocharges on stamp dut! while !our securities are
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!ontinue"
0here has been a signi(cant reduction inpaper work involved while opening a demataccount.
0he best thing is that !ou can even bu! orsell a single share when !ou have a demataccount.
0 In a demateriali+ed account the risksinvolving ph!sical shares like loss ofcerti(cates in transit or (re is negated.For more visit
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#s #t $andatory or
trading?0,es" Demat Account is mandator! for tradingin Indian share market. he -ecurities and*changes 'oard of India made it compulsor!
for bu!ing and selling of shares.
0'ecause of -'I guidelines" all ph!sical
certi(cates must be converted into dematform b! investor.
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Demat !harges %
&ervices0o )pening charges: ,ou can open free demat
account with us.
0aintenance 1harges: o maintenance chargesin (rst !ear.
0Free rading software.
0rade in an! number of lots or an! order si+ejust pa! 2s. 3 per order.
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'pen demat Account
04ant to )pen demat account for investing mone! forlong term and want to get pro(t from share market.
0 5ust (ll the form on
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Than()ou
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