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New Demat Account KYC rule by SEBI

If you are looking to open a Demat account to start your investment, do read the latest Demat Account KYC rule by SEBI. Are you willing to try your hands on investment in stock markets? If yes, the first and foremost thing to do is to open a Demat account. In todayu2019s fast-paced digital world, opening a best Demat account in India has become quite easy.

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New Demat Account KYC rule by SEBI

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  1. If you are looking to open a Demat account to start your investment, do read the latest Demat Account KYC rule by SEBI. Are you willing to try your hands on investment in stock markets? If yes, the first and foremost thing to do is to open a Demat account. In today’s fast-paced digital world, opening a best Demat accountinIndia hasbecomequiteeasy.

  2. The most important thing to note here is that there are no tough norms stated by SEBI in regard to the closing of the best Demat account in India. However, some steps must needto be taken there. Know your customer (KYC) is an essential requirement when it comes to opening a trading-cum-Demat account with a stock broker. The primary concept behind this is that an investor possesses all necessary documentation and the direction of fundscan be checkedthrough all the relevant banking channels. The account closing procedure generally takes 7 to 10 days. Make sure there are no remaining dues before you close your account, or your DP is bound to keep your account functional. Source:-https://nfaii.org/blog/new-demat-account-kyc-rule-by-sebi/

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