Demat Account or dematerialized account gives the facility of holding shares and securities in electronic arrangement. Amid web based trading, shares are purchased and held in a demat account, in this way encouraging simple exchange for the clients. A Demat Account holds every one of the ventures an individual makes in shares, government securities, exchange traded funds, bonds and mutual funds in a single place. Dematerialization is the way toward changing over the Physical offer authentications into electronic frame which is substantially more simple keep up and available from anyplace through world.
Demat Account benefit is given by depositories, for example, NSDL and CDSL through mediators/Depository Participant/Stock Broker. The charges of demat account change according to the volume held in the account, type bought in and the terms and conditions laid by the safe and the Stock Broker.