Open Demat Account Online | Demat Account Opening - PowerPoint PPT Presentation

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Open Demat Account Online | Demat Account Opening

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Learn the step by step procedure on how to open Demat account. Demat account opening is an all-in-1 paperless process. Also, know about the documents required to open Demat account online. – PowerPoint PPT presentation

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Title: Open Demat Account Online | Demat Account Opening


1
Demat Account
2
history of demat account
  • Trading for shares held in demat account form
    started at NSE in 1996. This was the beginning of
    a new era for the trading of paperless capital
    markets.
  • If an investor buys a share today, two days from
    now it will be credited to the investor's
    account.
  • Today, shares are moved to demat account of the
    investor.

3
what is demat account
  • A Demat account (short for Dematerialized
    account) is an account in electronic form for
    holding financial assets (equity or debt).
  • Two depositary bodies, National Securities
    Depository Limited and Central Depository
    Services Limited, operate Demat accounts opening
    in India.
  • A participant in the depositary like a bank,
    serves as an intermediary between the investor
    and the depository.

4
Benefits of Opening a demat account
  • Following are The benefits of Opening a Demat
    account
  • Very Easy and convenient way to hold securities
  • IT HAS Reduced transaction cost
  • No "odd lot" problem even one share can be sold
  • It is much Safer than paper-shares (earlier risks
    associated with physical certificates such as bad
    delivery, fake securities, delays, thefts etc.
    are mostly eliminated)
  • Also it has Reduced paperwork for transfer of
    securities

5
how to open a demat account
  • To open a demat account, the individual needs to
    approach the DP and fill up the form for account
    opening.
  • Once the account opening form is duly filled, one
    needs to enclose the photocopies of the needed
    documents like the proof of identity and the
    proof of address.
  • After which, an agreement must be signed with the
    DP which has all the details about the duties of
    the trader as well as the DP.
  • The Demat account is then opened by the DP and
    the account holder is given the unique demat
    account number. 
  • All your investments are credited to the demat
    account. In case you sell the securities, the
    demat account is debited.

6
THANK YOU
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