scorecardresearchWhat is a demat account?

What is a demat account?

Updated: 29 Dec 2022, 10:51 AM IST
TL;DR.

A demat account is required if you want to do stock trading. A demat account works in the same way as a bank account. When you sell or buy stock, the shares in your account are either debited or credited. Read further to get a better understanding.

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First Published: 29 Dec 2022, 10:51 AM IST