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we bought the shares from IPO or secondary market, that is stored in digital format in your account. that account is called DEMAT
The shares which we bought from secondary market (share market),which is stored in an electronic or digital format in our account . This is called as DEMAT A/C
Demat account refers to the de-materialized account provided by the stock exchange for the storing of the shares we bought in dematerialized form
As share trading needs money transactions, the best way for the flow of cash is through demat account.
the share which we buy and sell in online we need a a/c so its known as demat a/c it stores information in online
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