Open Demat Account
What is Demat account Demat account or dematerialized account is an account that holds financial securities, both debt & equity, in electronic form. Demat accounts can be used to hold equity shares, ETFs, mutual funds, bonds, and government securities.
How to open Demat account For opening a demat account and trading account, you need to be at least 18 years old. In case you are a minor, a legal guardian will be required for opening the account. Despite your age, this will allow you to operate in shares and securities.
Can I open Demat Account Online Yes, you can open a Demat account online. As a matter of fact, online stock brokers are a preferred choice for beginners when they wish to start investing.
How much time it will take to open Demat acount Once you’re done with the initial process by submitting the complete account opening form and have uploaded all the documents for verification, it takes about 12-24 hours for the demat account to open
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