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How To Open A Demat Account Online? Visit https://www.investmentz.com/ to know now!
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A dematerialization account or demat account is an electronic repository of all the shares and other securities held by an investor. A demat account enables the investor to hold newly purchased shares as well as those converted from physical to electronic format (dematerialized shares). In India, one can create a demat account with central depositories such as the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL). These central depositories typically appoint Depository Participants or share market brokers who act as middlemen in the process. ALL ABOUT DEMAT ACCOUNT
To create a demat account in India, here’s what you would require: • Identity proof documents (such as Adhaar card, driving license etc.) • Address proof (Adhaar card, passport etc.) • Bank account proof (like a cancelled cheque) • PAN card copy • A few passport-sized photographs DOCUMENTS REQUIRED TO OPEN A DEMAT
HOW TO OPEN A DEMAT ACCOUNT ONLINE Looking to open a demat account online? Here’s how: