What are the advantages of opening demat account?
What are the advantages of opening demat account?
surajchavan (Others) (52 Points)
07 September 2022
surajchavan (Others) (52 Points)
07 September 2022What are the advantages of opening demat account?
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 08 September 2022
Prabhu Kumar
(11 Points)
Replied 30 December 2022
When trading online, shares and other securities are kept in electronic form using demat accounts.Several reputed financial firms such as Share India, Kotak Securities etc. offer demat accounts online.Benefits to open demat account online include:
Easy to change ownership
An investor's stock holdings can be transferred via this.
For a variety of bank loans, the securities in the Account may be used as collateral. These assets may be put up as security for a loan from your bank.
Due to its computerised functioning, a Demat Account may be accessed through a number of mediums. On a computer or smartphone, you may utilise the Internet to conduct monitoring, trading, investing, and other security-related activities.
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