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A Demat Account or Dematerialised Account provides the facility of holding shares and securities in an electronic format. A Demat account is a necessary account to hold financial securities in a digital form and to trade in the share market. In India, Demat accounts are maintained by two depository organizations, the National Securities Depository Limited and the Central Depository Services Limited.
What is a Demat Account?
Deepaknegi12 May, 2022Finance
A Demat Account or Dematerialised Account provides the facility of holding shares and securities in an electronic format. A Demat account is a necessary account to hold financial securities in a digital form and to trade in the share market. In India, Demat accounts are maintained by two depository organizations, the National Securities Depository Limited and the Central Depository Services Limited.
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