Demat Account means a dematerialised account to trade in listed stocks or debentures in india in electronic form, as per the guidelines of the SEBI (Securities and Exchange Board of India) investor needs to open a Demat Account.
Instead of physical possession of various Certificates of shares and securities, these shares and Securities are held electronically in a Demat Account. Transfers or purchases of securities can be initiated from this demat account.
Instead of physical possession of various Certificates of shares and securities, these shares and Securities are held electronically in a Demat Account. Transfers or purchases of securities can be initiated from this demat account.
