Open a Demat account provides you to number of benefits like decreased paperwork, faster settlement time during transactions, To Open a Demat Account we must tie up with best broker in India such Arihant Capital, Banks or Depository participants to open a Demat account.
Process of Opening A Demat Account :
- Pan Card
- AAdhar card
- Cancel Cheque
- 3 months bank Statement
- Nominee Name
- Spouse Name
Benefits of Demat Account
1. Transfer of shares :-when you open a Demat account for online trading it provides you delivery slip you can fill all the information in slip for smooth execution of trading .
2. Loan Facility:-Whatever the shares or securities you put in your Demat Account you can give to a bank as a collateral so bank can give you loan according to the valuation of your shares
3.Multiple access options:- You can do online trading with smart phones using apps to investing and monitoring online through internet
Demat Account 