How is a Demat account to be operated in India?
5 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 01 June 2022
What you want to ask????
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 01 June 2022
You may open demat account online . There are many discount brokers which provides ease of opening demat account like Zerodha, upstox , angel etc
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 13 June 2022
You may trade or investment using demat account once it is opened
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 13 June 2022
You can operate demate account on your own or through some consultant
Shreya Agarwal
(13 Points)
Replied 25 February 2023
A demat account and a bank savings account are comparable. We are aware that we keep our money in our bank in our savings account. Similar to this, we utilise a demat account to hold securities and shares from several corporations. All that is required is a depository participant connected to the NSDL. As a consequence, someones demat account is credited anytime customers purchase any shares or securities. Also, selling them from trader demat account is a simple process.
Many financial institutions are providing demat accounts nowadays. One can have his or her account opened with a genuine and trustworthy stock broker. Firms such as Angel Broking, HDFC, Kotak Securities or Share India also offer facilities to open demat account online. You can access and operate your account from both web and mobile devices.
For more information visit:-
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
