What is Demat Account?........................

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Demat is a short form of Dematerialization.
What is Dematerialization?.
Dematerialization is the process of converting physical shares into electronic form.
What is Demat Account?....
A Demat account is an account that allows investors to hold their financial products in the electronic form.
Why Demat account?
For trade in stock market Demat Account is mandatory.
With a Demat account you can hold the certificates of all your financial products such as MUTUAL FUND, EXCHANGE TRADED FUND (ETFs), Shares and Bonds online.

In India only two depository CDSL and NSDL  that approve a Demat account opening and hold shares in electronically.

CDSL-Central depository service limited.
NSDL-National securities depository limited.


Depository Participants (DPs):-
There is many banks and other broker known as depository participants (DPs) who act as intermediaries between the investor and the depository. They help you open the Demat Account...

Documents Required for Demat account.
Proof of identity-PAN,voter ID,passport etc.
Address proof-Ration card, Bank passbook etc.
Passport size photo.
Bank details.
Form-Online or Offline.






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