How to Open Demat A/C in India & Investment Stock Market? First Demat
A demat account is a medium which allows individuals to convert and retain physical shares in electronic format. Just like you require a bank account for savings and transactions, a demat account is required to hold securities, stocks, debentures, and investments. You may use it to buy or sell stocks. To buy shares, whether offline or online, it is mandatory to create a demat account.
In order to open a demat account, you’ll have to first get in touch with a registered depository participant (DP). For a list of registered DPs, visit the NSDL (National Securities Depository Limited) or CDSL (Central Depository Services Limited) websites.
Free Download the Forms: Download or collect the account opening forms from the respective DP’s office or website. Fill up the requested details in the account opening form and provide the necessary signatures. Affix photographs and submit a copy of PAN Card, proof of address, bank statement or other documents as required by the company.
open an online demat account ,with Aadhar number, you can open a demat account online within 10 Minutes. Fill details here.
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