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By: faminanagpal | Posted: Oct 11, 2012 | General | 384 Views

One must get benefitted by a demat account, There are some reasons to have a demat account:


1 Safe and convenient way of holding securities.


2 Easy and instant transfer of securities.


3 If the securities are held in Demat account, No stamp duty is charged on transfer of securities.


4 Risk of losing physical stock Certificates, thefts and bad delivery of Shares is eliminated.


5 Less paperwork required in transactions..


6 Single shares can be bought or sold through a demat account.


7 Address change once recorded with DP gets registered with all companies, the stocks of which are held by investor.


8 Dividend and credits are automatically released.


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online, open, account, opening, demat
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