What is a demat account?
A demat (dematerialised) account holds your shares, bonds, ETFs and other securities in electronic form. It is opened with a depository participant registered with NSDL or CDSL and, together with a trading account, is needed to invest in the stock market.
Key features
- Paperless and safe: no risk of losing or damaging physical share certificates.
- One place for all investments: shares, bonds, ETFs, sovereign gold bonds and more.
- Quick online opening: complete KYC online with PAN and Aadhaar.
- Automatic credits: bonuses, splits and IPO allotments are credited directly.
Who needs one?
Anyone who wants to buy shares, apply for IPOs or invest in bonds and ETFs needs a demat account.
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