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What is Demat Account??

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What is Demat Account??

Posted by Tanmay Yadav 7 years, 4 months ago

CBSE > Class 12 > Business Studies

1 answers

Xari Singh 7 years, 3 months ago

Demate a/c is the a/c which can be opened through the broker and also with two depository participants that is, NSDL, CDSL. In Demate a/c transfer of securities is made which is also known as 'dematerialisation of securities'.

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