What are the benefits of demat account opening?

Having a demat account is the pre-requisite for trading or investing in the Indian stock market. The demat account holds your shares and securities in an electronic form. There are many advantages of opening a demat account. A few of them are listed below.

• A demat account makes the holding of shares and securities much easier and convenient.
• With a demat account, there is no risk of theft, damage or misplacing the share certificate which was present in case of physical holding.
• Demat account helps in faster transfer of shares from one account to another.
• Free best share trading app available for use so trade anywhere and anytime.
• Corporate benefits like dividend, interest, refund, etc. can be disbursed or settled by the companies through the demat account.
• It provides nomination facilities.
• It eliminates all the chances of mismatch between the address and bank account.
• There is no deduction of TDS for demat securities.
• Demat account eliminates the problem of bad deliveries.
• One can easily monitor and carry out transactions just by logging into the demat account.
• There is no stamp duty or handling charges in the demat account which lowers the cost of trading and investing in the stock market.
• Demat account holds shares and securities in electronic form which significantly reduces the involvement of paperwork.

The above mentioned are few of the advantages of opening a demat account. If you are looking to open a demat account, you may consider opening it with Indira Securities. We are one of the most reputed and oldest broking firms in India.

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