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What is a Demat account ?
A Demat is an electronic account used to hold and manage investments like Stocks, Bonds, Mutual Funds in a digital format. Just as you need to have a bank account to deposit your money and earn interest, you need to open a Demat account to buy or sell financial securities such as Stocks, Mutual Funds, Equity Traded Funds (ETFs), SGBs and more. When you buy stocks or shares, they will get credited to your account.
When you sell the stocks or shares you have purchased, they will get debited from your account.
By opening a Demat account, you do not need to transfer your share certificates physically to the buyer. You need to link your bank account with your Demat account, through which you can easily buy and sell shares. It does not only save your time, but it also reduces the transaction cost.
One Account, Many Benefits
Discover the power of TradesApp, where one account unlocks a multitude of features for your trading needs. Join now and elevate your trading experience to new heights.
- ZERO Account opening for Trading & Demat account
- ZERO AMC for Demat for First Year
- ZERO charges for fund transfer (payment & receipt)
- FREE Research Recommendations
- IOS and Android Application
- Dedicated Support Desk*
Documents Required To Open a Demat Account
To Open Demat and Trading Account requires Just 3 Documents
- PAN CARD
- ADHAR CARD
- BANK DETAILS
Want your Demat account for Futures, Options, Currencies and Commodities? Keep these handy: Salary Slips, Bank Statement or ITR etc.
Salient Features
By opening a Demat account, you do not need to transfer your share certificates physically to the buyer. You need to link your bank account with your Demat account, through which you can easily buy and sell shares. It does not only save your time, but it also reduces the transaction cost.
Explore Video - How to open demat Account in 5 Minute.
Open a Demat Account Online in just 5 minutes with TradesApp & access Award Winning Research Calls for free. TradesApp Demat Account- Safe & Convenient for all your online trading activities.
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