What is DEMAT a/c?

[sivaranjani]

shares and securities are held electronically in a Demat account, instead of the investor taking physical possession of certificates. A Demat account is opened by the investor while registering with an broker . The Demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Demat account for the purpose of transacting.Demat account is just like an account in a bank. All the money used in shares are taken from this account.<b></b><i></i><u></u>

[Divya]

shares and securities are held electronically in a Demat account, instead of the investor taking physical possession of certificates. A Demat account is opened by the investor while registering with an broker . The Demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Demat account for the purpose of transacting.Demat account is just like an account in a bank. All the money used in shares are taken from this account<b></b><i></i><u></u>

[Vinoth R]

DEMAT account is where the shares are held once we bought.

[PRATEEK GUPTA]

A Demat account is the online account through which one can buy sell shares of the company.

Demat is dematerialized format where bought shares get stored in NSDL and CDSL

[Parthasarathy J]

<span class=”st”>The DEMAT account that holds all your shares in electronic  form .</span>In simple terms, a demat account is a must have and first step for transacting in the share market

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