Title: What are the Benefits of Demat Account?
1What are the Benefits of Demat Account?
2Benefits of Demat Account
3Benefits of Opening a Demat Account for Investors
- The biggest benefit of demat account is that it
acts like a bank and holds not only shares in the
account. In fact debt instruments like bonds,
etc. can be held in a single account.
Dematerialisation of share has been a silent
revolution in India. Just as like money lies in a
your bank and you have a passbook and internet
access to view your transactions and balance, the
concept of dematerialization is similar. In Demat
account you have instruction slip as well as
online view and transaction password with help
you can sell your stock or transfer your stock to
another person DP account. It has made share
trading and holding simpler and safer for all. - One can hold shares, ETFs, bonds, MFs in
the demat account and the list is expanding every
year. With help of Demat account you can view
your wealth in single click. As well as all
corporate action will take place online without
any further action required form your
side. Advantages of Demat account is so many but
will try to cover few basic and
important benefits of Demat account to
investor point of view. - Read more How to Open Demat Account?
415 Advantages of Demat Account in India
- No Risk of Physical Damaged of Certificate as
all documents in electronics form no risk of
physical Damaged or Theft. In addition all
corporate action directly credited into your
linked bank account - Safer than paper-shares (earlier risks associated
with physical certificates such as bad delivery,
fake securities, delays, thefts etc. are mostly
eliminated) - Immediate transfer of securities earlier days
we need to sign and send to physical share to
registrar. Registrar matched sign and sends back
new physical share to new buyer its take approx.
10 15 days time. With help of Demat its can be
transfer with in 24 hr to new buyer demat
account. - Traders can work from anywhere with Electronics
transfer your presence at broker office not
required as soon as you sell delivery of your
stock your broker debited that stock from your
demat account and transfer to Depository to
credit buyer account and Exchange give money to
your broker he will transfer fund into your Bank
account. All process online done within 24-48 hr
without physical presence required (e.g. even
from home) not required to visit broker office.
5- Easy to maintain Physical Shares with Demat
account process you can easily maintain physical
shares as you can actually know value of your
stocks in finger of your tip. As well as you can
get latest update about your stocks company
informations. Company corporate action also you
will get update and received credit in your Demat
linked bank account. - Change in Address in one place and get updated in
every companys registrar records Before
Electronic mode start share holder used to send
every company registrar office if they changed
their communication address. Which now its like
one click process you just need to change address
in one place every company registrar will get
your new update by Depository. - Reduced transaction cost With Electronics
transfer cost of transaction cost reduces
drastically. As its online process only transfer
charges application no additional cost involved. - Even one share can be sold no minimum lot
required to share certificate In old days if you
required selling stock then you have only in lot
which physical share mention. After its
converted into Demat form you can sell one single
share also if you wish.
6- Reduced paperwork for transfer of securities
- Easy and convenient way to hold securities
- Transmission of securities is done by DP,
eliminating the need for notifying companies. - Automatic credit into demat account for shares
arising out of bonus/split, consolidation/merger,
etc. - A single demat account can hold investments in
both equity and debt instruments. - No stamp duty on transfer of securities
- Elimination of risk by loss, theft, mutilation
etc.
7What is Demat Account? Top 10 Stock Brokers in India
How to Open Demat Account? Top 10 Discount Stock Brokers in India
How Demat Account Works? Compare Brokerage Companies in India
Documents Required to Open a Demat Account How to Open Demat Account in Zerodha?
Demat Account Charges in India Zerodha Review
8CONTACT US
- Phone 07940325797
-
- Timing Monday to Friday
- 9.30 AM - 7.00 PM
- Address 28, Genernal Bank Chamber Opp
Munciple Market Above kotak Bank C.G.Road
Ahmedabad India Gujarat 380009 -
www.investallign.in