What is DEMAT a/c?

[KRISHNA KUMAR MS]

DEMAT means de-materialised account. A persons demat account will reflect details of the stocks or shares, mutual funds, debentures that the person owns. Instead of holding these financial instruments in physical form, he can hold these in electronic form in Dmat account for easy transactions.

[Vinoth Kumar]

Demat A/C- De-Materialized Account. It is Where Share are stored in Electronic Format.

[Radhakrishnan M]

Agreed with the answers

[S.Sivaraman]

Demat stands for dematerialised account. It is a place where stocks are stored electronically.

[Ravishankar]

Demat account required to store the E-Certificates

 

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