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What is a Demat service?

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Anonymous

13y ago
Updated: 8/19/2019

It is the service offered by the Depository for the investors to convert their shares of physical form to electronic form.

Depositories are NSDL,CDSL.

Depository Participants are the intermediaries for the Depository and the Investor.

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Wiki User

13y ago

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How can you buy stock on the Bombay Stock Exchange?

Open a DEMAT & and a trading account with any of the DEMAT providers and then you can buy them online. Or you can contact any investment service provider and he would buy it on your behalf.


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When "Demat" will become to a Demand?


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DEMAT stands for De-Materialized account.


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DEMAT stands for De-Materialized. A Demat account is one in which customers hold shares and other securities in electronic or de-materialized format. A Demat account is a mandatory requirement these days to trade in shares in India. ICICI, HDFC, SBI, Reliance etc. are all leading Demat account providers in India.


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What is the full from demat account?

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How to sell demat account?

A DEMAT Account is like a bank account. You cannot sell it. You can only close it.


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There are many companies to open demat account in Banglore. I am using Unicon securities demat account. They provide lowest brokerage charges and the best services all over India. they provides free demat account without any opening charges. you can get details below


Banks offering demat account?

There are many banks in India that offer a DEMAT account. Any Indian citizen who has a valid residence proof and PAN card can open a DEMAT account. Some banks that offer such services are:ICICIHDFCSBIAxis BankKVBetc


How do you find the status of demat account in sbi?

To check the status of your demat account with SBI, you can log into the SBI Securities website or the SBI YONO app using your credentials. Alternatively, you can contact SBI's customer service or visit your nearest SBI branch for assistance. Additionally, you can also check your account status through the National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL) websites, depending on where your demat account is held.