A Demat Account or Dematerialised Account provides the facility of holding Shares, Corporate Bonds, Government Bonds, and Securities in an electronic format. During online trading, shares are bought and held in a Demat Account, thus, facilitating easy trade for the users. A Demat Account holds all the investments an individual makes in shares, government securities, exchange-traded funds, bonds and mutual funds in one place. India adopted the Demat account for electronic storing, where in shares and securities are represented and maintained electronically, thus eliminating the troubles associated with paper shares.
Please use B.A code-122464 at the time of the online account open.
Documents Required for KYC-Demat
Plan-650 Plan-1100 Plan-4000 Plan-7000
Document Required for KYC-Trading
∗ Trading A/c Opening charges Rs. 900 for life time.