Open free demat account on Angel One
A Demat Account (Dematerialisation Account) is used to electronically store investments like shares, mutual funds, ETFs, bonds, and government securities, eliminating the need for physical paperwork. Earlier, stocks were exchanged through physical certificates, which involved extensive paperwork and delays. To modernize trading, dematerialisation was introduced in 1996, converting physical shares into electronic form. This allowed faster and more efficient…
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