What is demat account and how to open demat account in hindi

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Demat Account In Hindi: If you also want to become an investor and Share Market investment in and trading If you want to earn money by doing, then you need Demat Account for that. Because without Demat Account, you cannot hold share transactions and shares.

Do you know Demat Account What, demat account How unwrap, demat account Who opens up Is, demat account And trading account In What Difference Is, demat account Of Advantages And Harm What Huh Then you have come to the right article.

Through this article of today, we are going to give you complete information about demat account, which you should know before opening a demat account. If you are also thinking about investing in the stock market, then definitely read this article till the end.

So let’s start today’s article to know more What is Demat Account In detail –

What is Demat Account (What is Demat Account in Hindi)

Demat account is an account through which investors share can buy and sell. Demat account is used for share transactions in the same way as people use bank accounts to do money transactions.

in the manner Bank You need a bank account for the transaction of money in the same way you need a Demat account for the transaction of shares. You cannot buy or sell shares without a Demat Account.

In Demat Account, our shares remain in digital form so that they remain safe. The full name of Demat is Dematerialized. Which means that which cannot be touched. When you sell the share through Demat Account, after 1 or 2 days, the money of the share comes to your bank account.

in demat account Can hold various financial securities such as shares, stocks, initial public offers, Digital Gold, bond, non-convertible debentures, government securities, exchange traded funds, mutual fund And can do intraday etc.

Simply put, Demat Account is an account through which we can hold shares or financial securities and do their Buy-Sell.

Demat account opening

After the Depository Act in India in 1996 Demat account was started. Before the demat account, when people used to buy shares, they were given a certificate by the company which was called share certificate.

This share certificate was later proof that he was the owner of the share. In this, each share had a certificate. Like if you have 100 shares then there will be 100 certificates also.

But there was also a problem in them that due to manual work, they were more prone to mistakes and there was also a fear of being lost and stolen. Apart from this, it used to take days for the transfer of shares.

To solve this problem, Demat Account was needed. In Demat Account, your shares are held in Virtual Form, so that you do not have any fear of losing shares or being stolen. When you buy or sell a share, it takes 2 days for it to reach your Demat Account.

By now you must have understood that What is Demat Account Now let’s know further how you can open Demat Account.

in the previous article List of Best Mobile Trading Apps in India Which will end your search for a perfect investment application.

demat account list of open apps

demat account opening app download link
Upstox App Upstox App Download
Groww App Groww App Download
Angel One By Angel Broking Angel Broking App Download
Zerodha Trading App Zerodha Download
IIFL Markets App IIFL Markets App Download
5Paisa App (5Paisa Share Market App) 5Paisa App Download
Demat Account App List In Hindi

How to open Demat Account

When we open a demat account, we do not open a demat account alone, along with it we have to open a trading account as well. We get both the trading account and the demat account opened from the broker but the demat account which is there is with the depository.

Depository is a government body where our shares are kept and the record of ownership of shares is kept. There are mainly two depositories in India CDSL And NSDL. Our shares are held in digital form near these depositories.

You have many options to open a Demat Account – the main ones are Full Service Broker, Discount Service Broker और Bank.

If you open a Demat account with Full Service Broker, then they also give you tips related to the share market along with the platform. Due to their service, these brokers also charge more.

There are Full Service Brokers in India like IIFL, Motilal Oswal, Sharekhan etc.

Discount Service Broker They provide you platform but they do not give you any kind of tips. Due to less service, they charge less. in India Upstox App, Zerodha App Adi are Discount Service Brokers.

You can also open a Demat Account from the bank. Banks like SBI, ICICI in India provide the facility of opening Demat Account.

If you want tips on investing in the stock market along with opening a Demat Account, then you can open a Demat Account from a Full Service Broker. And if you want to open Demat Account in less money then you can open your Demat Account from Discount Service Broker.

Follow the following steps to open Demat Account

  • To open a demat account, first download the Upstox App
  • create account on upstox
  • Enter your email and mobile number
  • Email ID verify
  • Enter your PAN card number
  • fill in your personal information
  • confirm your address
  • Make your digital signature in Upstox
  • upload your selfie now
  • Enter your bank details
  • Pay Demat Account Opening Fee on Upstox
  • Congratulations, in this way your Demat account will be opened.

If you are having trouble opening a Demat account, then definitely read this article – How to open Demat account in Upstox App.

Difference between Demat Account and Trading Account

Many investors are not aware that Demat Account and Trading Account What is the difference in . But if you want to become an investor then it is important for you to know the difference between them.

  1. In Demat Account we can only hold our shares and through Trading Account we can buy and sell shares.
  2. Trading Account is managed by the broker while the Demat Account is managed by the Depository.
  3. You can open any number of trading accounts in one Demat Account.
  4. Intraday Trading You can also do it only with Trading Account because you do not have to hold shares in it, so Intraday Trading can be done even without Demat Account.
  5. Whenever you open a Demat Account or Trading Account, there is no such separation as to which is your Demat Account and which is your Trading Account. Its Login ID and Password are same but as we mentioned above you can only hold shares inside Demat Account and you can buy and sell shares with Trading Account.

Who can open a demat account

Any person above 18 years of age who has PAN Card Yes, he can open Demat Account. If you are a student and you fulfill the eligibility criteria to open a Demat account, then you can also open your Demat account and do trading.

How much money does it take to open a demat account

You can open Demat Account very easily for 300 to 600 rupees. And you can start investing in stocks. Groww You can also open a demat account for free on such platforms. By the way, you can open Demat Account for very less money, but DP charges you many types of fees to run Demat Account.

Such as Account Opening Fees, Annual Management Fees to manage the account, Transaction Fees for exchange of shares between two Demat Accounts etc.

Who opens demat account

Demat account opening in India is done by two institutions NSDL (National Securities Depository Limited) and CDSL (Central Securities Depository Limited).

There are many agents of these depositories, who are called depository participants (depository participants). In common parlance, they are called DP. The function of DP is to open a demat account.

Many banks in India provide the facility of opening demat account like SBI, ICICI, PNB, SBI etc. You can easily open demat account by visiting these banks.

Apart from banks, many institutions also provide the facility of opening demat accounts to customers such as – IIFL, Motilal Oswal, Sharekhan etc. You can also open a demat account by visiting the offices of these institutions.

Apart from these, you can open Demat account in Discount through mobile application like Upstox, Zerodha, Groww etc., all these are discount brokers. By downloading these trading applications, you can easily open your Demat Account.

But keep in mind that to open a Demat account, you must be above 18 years of age and you must also have a PAN card.

how to earn money from demat account

Along with opening a demat account, you should also open your trading account. After that buy good shares and keep them by holding them in your demat account. When the price of the shares you buy increases, then you can earn good money by selling them.

You must have known how much money is in the share market, once you understand it well, then you too can easily earn crores of rupees from the stock market.

Advantages of Demat Account

The advantages of demat account are as follows –

#1 – Security

In Demat Account, your shares are held in digital form, so that the possibility of your shares being stolen and lost ends. There is a fear of being lost and stolen if there is a share in physical. Therefore it can be said that your shares are safe in Demat Account.

#2 – Time Saving

You must have also heard ‘time is money’. Earlier, when the paperwork for the transaction of shares used to take about 14 days. But with Demat account all the action is done within just 2 days.

#3 – Reduction of Mistakes

A lot of mistakes happen due to manual work in the physical and offline world. One of the biggest advantages of a demat account is that these wrong trades have come down significantly.

#4 – Share Transfer Easily

Through Demat account, you can transfer shares very easily and simply. You can also transfer only 1 share through demat account.

Disadvantage of Demat Account

While on one hand there are many advantages of Demat account, on the other hand it also has some disadvantages such as –

  • Many brokers are not trustworthy they can misuse your account.
  • One of the main disadvantages of a demat account is the expenses associated with opening and operating a demat account. Opening a Demat account includes Account Opening Charges, Transaction Fees, Guardian Fees and Annual Maintenance Charges.

read also

Some common questions related to demat account

What are the documents required to open a demat account?

You must have a PAN card to open a demat account.

How many demat accounts can be opened simultaneously?

You can have 2 demat accounts by law, however, they should not be with the same DP or broker.

What is the difference between Demat account and Trading account?

In Demat account you can only hold shares, but if you want to trade then you will need a trading account for this.

You have learned: What is Demat Account in Hindi?

After reading this article you must have understood that What is Demat Account in Hindi And why is this necessary. If you also want to invest in the stock market, then definitely open your Demat Account and start investing.

Hope you liked this article written by us and all your confusions related to Demat Account would have been cleared. Do share this article with your friends on social media too.

Ranjeet Singh |

Ranjeet Singh |

Hi ! My name is Ranjit Singh and I am interested to help people on internet. Also I am the Founder of On this Best Hindi Blog, I share information related to internet like Blogging and Earn Money Online in Hindi in Hindi! Thank you for visiting our blog.

Usama Younus

Usama Younus is the owner and super admin of the site he's is an expert in news editing, tech and entertainment magazine management, and articles editing E.T.C.

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