Demat account is also known as a Dematerialized account. The primary use of Demat account is to hold shares and securities in an electronic format. It helps you in online trading like buying or selling shares, or converting physical shares into electronic form. All the shares, mutual funds, bonds, government securities, and other investments are saved in a dematerialized account. Also, through demat account investors can perform intraday trades.
Following are some of the benefits that a Demat account offers,
Demat Account Eligibility Criteria