What is demat account? how to open it?

Demat account is an account wherein you can hold shares of various companies in the dematerialised {electronic} form.You can open a demat account with a share brokerage or a bank. You should necessarily have a PAN card for opening such a account. You can operate your account by giving the filled in delivery instruction slips provided. for selling the shares in your account. The shares you buy will get credited to your account a few days after you buy.


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