What is DEMAT a/c?

[maheshwara]

<span><span><span style=”color: #777777; font-family: ‘Roboto Slab’;”><span style=”font-size: 13px;”>Demat – Dematerialise account ! in olden days shares were in hard copies . now it has been converted to digital format  . w can buy and sell shares through this account . </span></span></span></span>

[Praveen M]

DEMAT account is like any bank account. It holds the certificates of all the financial instruments like shares, bonds, securities etc… of a user, in electronic or dematerialized form.

[NAGARAJAN J]

DEMAT Account (ie., Dematerialized account) provides the facility of holding shares in electronic format. Every share holder will have a DEMAT account for the purpose of transaction.

[vasanth]

A depository which hold shareholders share in digitized form

[Anitha Xavier]

Demat account is the dematerialized format.The shares are converted into electronic format.This has read only access.No manipulations can be done .

[Author]

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