how to get free demat account | Easy way to get free demat account online

Published by inkskull on

A Demat account (short for Dematerialized account) is an account to hold financial securities (equity or debt) in electronic form. In India Demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository.

The Demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Access to the Dematerialized account requires an internet password and a transaction password. Transfers or purchases of securities can then be initiated. Purchases and sales of securities on the Dematerialized account are automatically made once transactions are confirmed and completed.

How to get free demat account easily?

First option is directly go for bank, and apply for a demat account. And second option is get it from online using some trustworthy third party websites. some are listed below.

5paisa.com

upstox.com

zerodha.com

Categories: Lifestyle

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