Everyone wants to make quick money and this is the
reason why stock market is gaining popularity these days. People are testing
their luck as they indulge in trading and investing in the stock market. The
reason for such an increase is investors are making good returns on
participation in the stock market.
Since, everything has moved to digital platform, share
trading remains no different as demat account has been mandated to trade in
share market. A dematerialized account is a convenient way to buy and sell
shares and securities. Whenever an investor indulges in investing in shares and
securities, the account holds and records every trading transaction just like a
traditional bank account.
Hence, it is mandatory for an investor to open best demat account in India to trade
shares and securities in electronic format. In addition, the investors can even
convert their existing physical certificates into electronic form.
Prior to demat mode, the trading was done
traditionally with an exchange of physical certificates which was time
consuming, lengthy process, and came along with the risks like theft, loss, or
damage of share and security certificates. But, since demat account was
introduced, trading is much more convenient and hassle-free with enhanced
benefits like better transparency, faster execution, and minimized risk. In
fact, shares issued by corporations such as the rights shares, bonus shares,
and mutual funds can also be credited to the demat account directly.
Thus, to achieve seamless trading and investing experience
with zero hassle of paperwork, it is significant to have best demat account in India. Also, it has now become a prerequisite
to trade with India’s stock exchanges.
Features of a dematerialized account:
- Easy share transfer – The key feature of demat account is that it allows easy share transfer through a delivery instruction slip (DIS) or receipt instruction slip (RIS) for buying and selling of shares. These slips contain all the details required for conducting a transaction smoothly.
- Faster Dematerialisation & Rematerialisation of Securities – Demat account holders can request their depository participant (DP) to convert their existing physical certificates into electronic form. Alternatively, electronic securities or certificates can also be reconverted to physical form, if and when required.
- Multiple accessing – As demat accounts are operated in an electronic format, shares and securities can be accessed using multiple modes such as computer, smartphones, and laptops.
- Corporate benefits – If the corporate houses offer dividends, bonds, profit sharing, or bonus to their investors or shareholders, the benefits are automatically credited to the beneficiary’s demat account.
So, avail all the trading benefits and features on a
click at https://www.applykaroo.com/demat-account.php.
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