Open Free Demat Account
Demat accounts were introduced in India in the year 1996, prior to which shares and securities were physically issued and traded. The importance of opening a free Demat account is such that it allows the investors to hold their securities electronically in their Demat accounts. This makes the entire procedure of investing, holding, monitoring, and trading, faster, convenient, and cost-efficient.
Benefits of a Demat account
These are some of the advantages of a Demat account:
- Lower risks
- Easy holding
- Odd lots
- Reduced costs
- Reduced time
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