SEBI has categorically stated that shares and securities cannot be Transaction in any other way except Demat Account.

There are two depositorys in India for this:

NSDL (National Securities Depository Ltd)
CDSL (Central Depository Services Ltd)

Different types of shares are organized by both of them.

Content Inside

What is demat account?

1. Why is demat required?

2. Benefits of Demat Account

How to open demat account?

3. Account Opening Charges

4. Required Documents

5. Demat Account Opening Process

What is Demet Account?

Demat Account means "dematerialization" which is a means of Store, Transfer and Secure by digitally giving Securities a digital look.

In simple terms, how a Bank Account is needed to protect Easy Money Transaction and money – just as a Demat Account is required to keep the Shares Digitally Secure and for their transactions.

1. Why is demat required?

If you Securities a variety of stock markets like –

IPO
Bond
Shares
Debentures
Mutual Funds etc.

If you want to invest or trade in, you should have two types of accounts, the first is –

#1 Trading Account – so that you can transact shares, it works as a ID to Transaction in a way.

#2 Demat Account through which you can Securely Store your Shares.

[Note:- If you only do intra-day trading, the trading account will also do your job, but if you want to invest in the proper stock market, you have to open Demat Account]

2. Benefits of Demat Account

Demat account is no less than a major change.

It has completely changed the way the stock market works and, while ending the manual process, has Secure and Easy the process of transaction of shares.

At the same time, Demat Account has benefited the market in many ways

Low Cost
Paperless
Digitization
Auto Update
No Stamp Duty
Transfer Deed
Secure Process

How to open demat account?

If you want to open a Demat Account, you need to know which is the Top Demat Accounts in India – where you can open your account.

I would like to advise you here to create your demat account in Zerodha,

because it is –

easy

safe

low cost and

Trusty demat

And along with me, more than 15 lakh traders and investors trust it.

3 Account Opening Charges

You need to pay a certain fee to open Demat Account –

Account Opening Fees

Annual Maintenance Fees

Guardian’s Fees

Transaction Fees

There are different rates of different companies but you can open your account within Zerodha for only Rs ₹ 500.

When it comes to the rest of the Transaction Charges, Average Per Transaction ₹ is 20 Rupee Charge.

4. Required Documents

You need the following Documents to open the Demat Account:

1. Aadhaar Card

2. PAN Card

3. Income Proof

4. Bank Proof

5. Passport Size Photo

6. Signature on Single Paper

7. Demat Form (If you going with offline process)

5. Demat Account Opening Process

The answer is very simple – you can go to the given link and know the whole process and

open your Online Demat Account only 15 minutes.
Here you have to Register with your Mobile Number and Email Id.
After which you can ask the Zerodha Team to Call Back and
His team will easily explain the whole process to you.

About

Hi , This is Pramod Choudhary from Nagaur Rajasthan India. I an student and I would like to share my positive thinking with everyone that's my passion . Thank you