What is Demat Account ?
Key Points:1. A dematerialized account is where you store your shares, bonds, government securities and mutual funds in electronic format. 2. A trading account facilitates transactions of the shares, bonds, government securities and mutual funds that you hold in your dematerialized account. 3. A trading account is a bridge between your bank account and your stock account. You can transfer funds from your bank account to this account and conduct transactions through a trading account. A demat account is an account to store your shares, bonds, government securities and mutual funds in electronic form. To know more read our above linked article
About ICICI Direct… ICICIdirect is the largest retail broker and financial product distributor in the country trusted by over 50+lac customers with over 2 decades of service having 170+ branches across India. ICICIdirect.com has revolutionized the world of online investing. This online share trading platform offers a trading account for seamless and hassle free electronic trading. ICICIdirect offers more than 50 products and services like Equity, Mutual Funds, Derivatives, Futures and Options Currency, Commodity, ETF, Insurance, IPOs, Corporate Fixed Deposits, Loans, NPS, Wealth Management, Corporate Services, NRI Services, Portfolio Management Services, Global Investment, Financial Learning, Tax Services etc. under one roof to help you to achieve your investment goals.
ICICI Direct Demat Account Charges