What is Demat Account? what is the use of it?
Answer Posted / samantha001
A Demat account is something like a bank account, except the fact that here you store your shares instead of money. It is a store house for all the entities you buy through your trading account. Opening a demat account has become really easy these days as well. Some stock broking companies even open it within few hours. Attaching a link for your reference.
www.adigitalblogger.com/trading/steps-how-to-open-a-demat-account/
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Tell me something about risk management?
What is budgetary deficit?
What is nav in mutual funds?
What are scheduled commercial banks?
operations Executive
Can I Get A Credit Card After Bankruptcy?
What are your views on demonetization?
What are 'benami' transactions?
Can Banks Supervision Stop A Bank From Failing?
How will you differentiate between Balance of Payment and Balance of Trade?
What are the three parameters on which car depends?
tell us something about nabard and its functions.
In the industrial field, what are the different banking software applications present?
What are the different risk management techniques used in trading?
What Are The New Features Included In Openpages?