Demat Account, where we store our investments like shares, bonds, and mutual funds. It is a bank of our investment or securities in the form of accounts.
A demat account stores our shares in an electronic or digital form, also known as a dematerialized form. Storing shares in electronic form in a demat account is a new it service that came into being in the year 1996, introduced by SEBI.
In the demat Account
There is no worry about our shares in our securities because everything is digital. Feature: make it easy for everyone to buy shares, see the share price online, and sell shares easily. We can easily check our portfolio and our statement in our demat account.
A demat account is linked to your trading account, and your trading account is linked to your bank account. If you want to buy any share or sell any share, you must log in to your trading account in your demat account.
A demat account stores part of your shares. A trading account is where you can purchase your shares, you can see your share prices, sell your shares, or pledge your shares.
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