Demat account, the abbreviation for de-materialised account, is a type of banking account which de -materializes  paper-based physical stock shares. Demat account is an account wherein you can hold shares of various companies in the de-materialised (electronic) form.

The dematerialised account is used to avoid holding physical shares.

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

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