DEMAT ACCOUNTS
FOR DEMAT ACCOUNT INVESTORS/TRADERS their securities or an individual may act as a safe to hold the shares. DEMAT ACCOUNT is an electronic account in which you can manage your shares, bond, mutual fund and other financial you can store and manage. This account help you invest in the SHARE MARKET is an electronic account in which you can manage your shares , bond, mutual fund and other financial securities.
DEMAT ACCOUNT
- Regular DEMAT ACCOUNTS
- NRI DEMAT ACCOUNTS
- NON NRI DEMAT ACCOUNTS
- BASIC SERVICE DEMAT ACCOUNTS
BENEFITS OF DEMAT ACCOUNT
Security: Protection against loss of physical documents.
* Convenience: store shares electronically.
* Easy Transfer: Easily transfer shares to another DEMAT ACCOUNT Do it.
*Online Access: 24/7 online
* DEMAT ACCOUNT is an electronic account in which you can manage your shares bond, can store and manage mutual funds, ETFs, and other financial securities is.
This account helps you invest in the share market.
DEMAT ACCOUNT CREDENTIALS
DEMAT ACCOUNT for credentials
Document required to create DEMAT ACCOUNT:
Identify Proof( voter ID card , Aadhaar card, PAN , Driving License)
Address proof(passport, Voter ID card , insurance copy, UT)
Proof income ( copy of income tax return acknowledgment , Diary slip, income tax return for last 6 month)
Existing Bank Account statement, statement of DEMAT ACCOUNT Holding
proof of bank account (Canceled cheque)
currently passport size photo
DEPOSITORY PARTICIPANT (DP)
DP is a financial institution that provides DEMAT ACCOUNT advice and services. Do it.
Before choosing a DP, also consider their fees and services.
Generally DP is called Broker.
2 Depositories.
NSDL: NATIONAL SECURITIES DEPOSITORY LIMITED.
CDSL: CENTRAL DEPOSITORY SERVICES LIMITED.
LOPENING DEMAT ACCOUNTS
To open a DEMAT ACCOUNT go to the broker website.
Enter your phone number and click on “Open an account”.
You will receive a verification code on the same numbers. Enter the code and click on the “Apply Now” button do it.
Next, enter your email address and the verification code sent to your email inbox.
Enter your PAN number and date of birth, and click on ” Proceed”.
Complete the E-KYC(Know Your Customer) process.
Complete the verification process. For this you have to upload selfies in real time.
E-sign the from to complete the process pf opening your account.
verification process
The DP will verify your documents and information.
There will also be an E-KYC (Know Your Customer) process.
Once the verification is complete, your DEMAT ACCOUNT will be activated.
You will get account details and ID.
Conclusion
Opening a DEMAT ACCOUNT online is an easy and secure way to manage the instructions.
After verification of the documents provided by you, your DEMAT ACCOUNT should be activated.
Now you are ready to invest in the stock market.