Learn, How to Open Demat Account Online & Know How It Works



A Demat account is a repository for the electronic copy of a person’s share market holdings. You can have a Demat account with a stockbroker of your preference.


A Demat account is dependent on two other accounts, a Trading account, and a Bank account. Several other parties are involved in a Demat account transaction, including the two depositories, the depository participants, clearance houses, and the stock exchange.


An investor or trader can initiate a buy or sell call in the stock market through his trading account. The depository participant forwards the request to the stock exchange, which matches the call with a corresponding buy/sell call. The order is forwarded to the clearing house. 


The buyer pays the share price from his bank account and receives the shares in his Demat account. The seller’s Demat account is debited with the shares, and his bank account is credited with the matching amount. Stockbrokers have made.


Demat account opening is a convenient and quick process for investors and traders. An individual can visit the stockbroker’s website or download their mobile application to fill out the Demat account opening form. Upon successful verification of the application form and documents, the stockbroker provides him with his Demat account credentials for share market investing.


Click Now to Read More: Open Hassle-Free Demat Account Online & Know How It Works



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