What is DEMAT a/c?

[Vithun]

Demat (De materialise) account where our depositories are stored in electronic form and not  in physical form

[Vidhya]

Demat a/c is necessary for anyone who wants to buy and sell shares for short/long term.

It is a Depository which hold shareholders share in digitized form.

[sanjaivasan]

DEMAT Account provides the facility of holding shares(anyone who wants to buy and sell shares) in electronic format. Every shareholder will have a DEMAT account for the purpose of the transaction.

[sanmugasekar s k]

‘Demat a/c’ is an account in which shares are stored in a Dematerialised format. Shares are maintained as a soft copy in the buyer’s account.

[Rahul B]

DEMAT a/c is necessary for buying and selling Shares. It helps to keep the share in Dematerialized form (Digital Version ) rather than a Hard copy. It helps in easy accessibility. It is usually created when Individual registers with a Brokerage for Trading.

[Author]

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