Understanding Demat Accounts: A Beginner's Guide{ | Demystifying Demat Accounts Getting Started with Demat Accounts
A Demat account, or Dematerialization Account , is a crucial component for participating in the Indian securities market. In simple terms, it allows you to hold your shares in electronic form rather than physical certificates. Think of it like having a digital vault for your financial assets. When you open a Demat account with a registered broke