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navya
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navyaCurator
Asked: May 20, 20242024-05-20T23:11:54+05:30 2024-05-20T23:11:54+05:30In: Finance

How can I open a new trading and DEMAT account?

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How can I open a new trading and DEMAT account?
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  1. navya
    navya Curator
    2024-05-20T23:12:34+05:30Added an answer on May 20, 2024 at 11:12 pm

    Having a DEMAT account allows easy transfer of shares—whether you are buying, selling or gifting them. Receiving dividends, bonus shares or rights entitlement (RE) shares are also easier as companies directly deposit them to your Account—reducing paperwork. A DEMAT Account also makes it easier for you to avail loans against securities you hold. Depositories, who handle DEMAT accounts, also allow you to freeze your account, which may come in handy when you want to stop any unwanted transactions.

    You can open DEMAT account online on the m.Stock portal. You can also open a trading account online. Simply fill our online form and provide your contact details, and we will take it from there

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