DEMAT stands for De-Materialized 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.
When "Demat" will become to a Demand?
It is very easy to open a demat account. All you need to do is fill out an application form and provide all the identification documents. After verification, your account is ready to operate.
Collateral is any form of security that you must provide while doing margin trading. In case of losses your broker would take money from the collateral you provide. DEMAT stands for Dematerialized. in olden days shares were held in paper form. later with the advent of computers and latest technology, shares are held in electronic form or dematerialized form. those shares are saved in the respective share holders DEMAT account.
A DEMAT account stands for a De-materialized account. It is an account where shares that are owned by an investor are stored in electronic format. Earlier we used to hold shares in physical form but later we moved into electronic form. The DEMAT account is where those shares are stored. There are many DEMAT account providers. For example ICICI has a DEMAT service. www.icicidirect.com is the website of the DEMAT account provided by ICICI.
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.
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.
DEMAT means Dematerialised account need for trading and holding of stocks.
A DEMAT Account is like a bank account. You cannot sell it. You can only close it.
DEMAT accounts means Dematerialised account need for trading and holding of stocks...
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
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.