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What is demat account what is the use of it?
#1
<!--td {border: 1px solid #ccc;}br {mso-data-placementConfusedame-cell;}-->What is demat account what is the use of it?
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#2
A demat account is used to hold shares and securities in digital format. You can store all the financial instruments such as equity shares, debentures, bonds, government securities, mutual funds, and ETFs, etc under one place. A demat account is the same as a bank's savings account. You don't have to worry about the security of your share certificates now and trade seamlessly in the stock market. It has made online trading more convenient and hassle-free. If you are looking to open a demat account, then Kotak Securities will be one of the prominent options for you. They are full-time service brokers who provide free demat account opening with low intraday charges.
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