What is DEMAT a/c?

[Yoganandham]

A demat a/c is where one will have his/her shares and securities in electronic form instead of physical certificates.

[tamilselvi]

DEMAT a/c is dematerialized  acnt which is opened by the investor while registering with an investment broker<span style=”color: #252525; font-family: sans-serif;”><span style=”font-size: 14px; line-height: 22.3999996185303px;”>..its a electronic format acnt..transactions are done through this acnt</span></span>

 

[sreevalli]

DEMAT A/C

In India, shares and securities are held in electronically in a dematerialized account or demat a/c, instead of the investor taking physical possession of certificates.  A demat a/c is opened by the investor is registering with an investment broker.  The demat a/c number is quoted for all transactions to enable electronic settlements of trade to take place.  Every shareholder have a dematerialized a/c for the purpose of transacting shares.

 

[davidrajan]

Demat a/c is the dematerialized a/c which is opened by the investor for holding the electronic possession through investment brokers

 

[shalini]

DEMAT is abbreviation for de-materialised account. A persons demat account will reflect details of the stocks or shares that the person owns.

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