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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:

  • ICICI
  • HDFC
  • SBI
  • Axis Bank
  • KVB
  • etc
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15y ago

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Related Questions

Is it necessary a DEMAT Account for applying initial public offering shares?

YES


Which banks are opening dmat account?

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.


How to sell demat account?

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


What is DMAT?

A DEMAT stands for a De-Materialized account. This is a special type of account that is required in India to trade in the Indian stock exchanges NSE and BSE. There are many banks like ICICI, HDFC etc that offer DEMAT accounts to citizens of India.


What is the full form of demat?

DEMAT stands for De-Materialized account.


What is the Demat account?

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.


What is the full from demat account?

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.


Is it possible to transfer securities from NSDL demat account to cdsl demat account of same account holder?

YES.Interdepository transfer of securities is possible.


How many demat account can you open?

You can have any number of DEMAT accounts you want but a single DEMAT account providing bank will not give you more than one DEMAT account. So if you want multiple DEMAT accounts, you will have to contact multiple providers like: ICICI, HDFC, SBI, Religare etc. to have multiple accounts.


How to open Demat account in Bangalore?

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


How demat account works?

Demat account is used for buying or selling or holding of stocks/shares.It is same as a bank account where actual money is replaced by shares.


What is difference beween demat account and trading account?

Some time ago when we bought shares we got then in physical share certificates . They are gone now. They have been replaced with a "dematerialized" account or demat account. So when you buy 100 shares of XYZ, they go into the demat account.and they will be shown in your demat account Electonically. The actual process of buying and selling shares will have to be done from the trading account. Some time ago when we bought shares we got then in physical share certificates . They are gone now. They have been replaced with a "dematerialized" account or demat account. So when you buy 100 shares of XYZ, they go into the demat account.and they will be shown in your demat account Electonically. The actual process of buying and selling shares will have to be done from the trading account.