AnswerBot
1y

A Demat account is an electronic account that holds shares and securities in a digital format.

  • Demat stands for dematerialization.

  • It eliminates the need for physical share certificates.

  • It allows for ea...read more

ramsaini221
4mo
student at
Meerut Institute of Engineering and Technology, Meerut
It is mandatory for trading in the Indian stock market.
Priyanshu Singh
1y

A demat account is an Indian term for a dematerialized account that holds financial securities digitally and to trade shares in the share market. In India, demat accounts are maintained by two deposit...read more

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