– Click to Open Free Demat Account:
– Angel Broking Website:
– Download Angel Broking App:
What is a Demat Account?
Initially, stocks and shares used to be exchanged via physical receipts called certificates. However, this resulted in lengthy paperwork and took up a lot of time.
To counter this and to take advantage of an electronic trading platform that was gaining traction in West and the Asian Markets, the process of dematerialization (demat) of shares was initiated in 1996.
Physical share certificates were converted into electronic form securities of equivalent number and price and were credited to the investor’s Demat account.
Thus, the advent of trading commenced this way. The Angel Demat Account Advantages: 1. Easy to Hold 2. Automatic Updates 3. Common Depository 4. The solution to Odd – Lot of shares 5. Delivery of Risks 6. Cost Reduction What are the Types of Demat Account?
1. Regular Demat account- Traders who reside in India use this type of account. 2. Repatriable Demat account – This account is useful to the Non-Resident Indians as it allows fund transfers abroad. It requires an associated NRE bank account. 3. Non- Repatriable Demat account – This account, too, is for the Non-Resident Indians. However, in this case, funds cannot be transferred abroad, and this account requires an associated NRO bank account.
Click to Open Free Demat Account:
Visit the below links to gain more knowledge about the Indian Share Market:
To learn about How to trade in the Indian Stock Market visit:
To learn about how to trade in Share Market in India visit:
To learn about Share Market investment visit:
To learn about Share Market basics visit:
To learn about what is Demat Account & Trading Account visit:
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