Definition Of A Demat Account
A demat account is said to be an account in which the investors retain their shares by means of electronic format. In the demat account, stocks are held in dematerialized form. By dematerialization is meant the translation of physical shares into electronic form. You are needed to have account number relating to demat account so that you are able to settle all trades electronically. The demat account is just like a bank account wherein you keep the money,and all entries are entered in the passbook. In the same manner, securities can be retained in electronic format. You can open your demat account without having any balance relating to shares and can have zero balance in your account.Definition Of A Demat Account









