A Demat Account is an account that allows investors to hold their shares in an electronic form. The full form of Demat account is a dematerialised account.
- Demat account provides a secure, easy, and convenient way of holding shares and securities.
- Reduced paperwork for transfer of securities.
- Physical securities are risky due to thefts, losses, or damages. In addition, bad deliveries or fake securities pose further risks. These risks are completely eliminated with the opening of a Demat account, which provides holders with the option of holding all their investments in electronic form.