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Posted by rahulsinha2006 - 10-04-2017, 07:45 PM

Hi this is abdul i need an conclusio on demat acount for my college project.

Posted by kkkk9999 - 10-04-2017, 07:45 PM

In India, shares and securities are held electronically in a dematerialized (or "Demat") (/dim t/ account, instead of the investor taking physical possession of certificates. A Dematerialized account is opened by the investor while registering with an investment broker (or sub-broker). The Dematerialized account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Dematerialized account for the purpose of transacting shares. 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.