What is demat account?

This question must have come in your mind sometime or the other. When you read something about the share market to invest,

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then there must have come some word related to Demat Account in front of you.

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So today in this article we will know what will be Demat Account and how to open Demat Account

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Demat Account is used in the share market. This account is used for buying and selling shares.

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You must have your PAN card to open this account. You cannot open Demat Account without a PAN Card.

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We can keep our shares in this account in the same way as we keep our money in our bank account.

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The way we send money from one account to another with the help of Net Banking, Credit Card, Debit Card....

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Demat Account also works in the same way, in this we can transfer shares from one Demat Account to another Demat Account online.

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Demat account is called "Dematerialized Account", which holds the shares electronically.

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Buying or selling shares at the beginning of time is a very long process, but with the help of a demat account, we can buy and sell shares easily or quickly.

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