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  • Default Asked on January 8, 2019 in Financial Planning.

    Similar to a Bank account which holds your Money, Deposits etc, A Demat account or an online demat account is the account which holds Shares, bonds, government securities, mutual funds and exchange traded funds (ETFs). In simple terms, a demat account is a must have and first step for transacting in the share market.

    Demat Account has made life a lot simpler bringing in paper less transactions avoiding all manual processes. There are many benefits to Dematerialization process
    Common account
    Auto Update
    Lower cost
    Safe and Secure

    Visit more information : Wealth Buildup Financial Services

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