Demat Account
How Do You Open a Demat Account Without a Broker?
With the wide range of investment options available in India today, a lot of people have chosen the stock market to secure their financial future. A Demat account is essential to participate in the stock market, and individuals usually open one by contacting a stockbroker who is a Depository Participant (DP). But can an investor […]
Lifetime Free Demat Account (AMC Free)
Individuals invest their hard-earned money to maximize profits. A dematerialized account helps investors hold and manage securities electronically. However, there are numerous charges that one must pay brokers while investing, which makes the selection of an appropriate demat account a necessity in today’s financial markets. A lifetime free demat account is a type of Demat […]
BSDA – What is a Basic Service Demat Account?
A Basic Service Demat Account (BSDA) is a more affordable version of a regular demat account as it is designed for investors with limited trading activity. It also allows individuals to hold and manage their securities, such as stocks, mutual funds, and in electronic form. BSDA accounts have a lower annual maintenance, which makes them […]
How to Find Demat Account Number from PAN?
Are you an investor in the Indian equity market and are trying to find your demat account number? A Demat account number is a unique 16-digit code assigned to each Demat account. It is a combination of DP ID and Client ID. In this blog, we will discuss how to find the Demat account number […]
Tax Implications of Holding Securities in a Demat Account
Since the introduction of Demat Accounts, investors have been enjoying its various benefits, such as protection against theft, reduced paperwork and easy settlement of transactions. However, there are several tax implications of holding securities in a Demat account. Understanding the tax implications of demat accounts in India is crucial for identifying the tax liabilities and […]
Eligibility Criteria to Open a Demat Account
India’s economy has expanded rapidly in recent years and is on track to reach $5 trillion. If you want to participate in the nation’s development, you must invest in Indian companies listed on the Indian stock market. A Demat account is a necessity for investing in the Indian stock market. However, having knowledge about the […]
Demat Account Nomination – How to Add a Nominee?
At times, investors get concerned about what would happen to the securities in their demat account if they passed away and is there a procedure they can follow to transfer the stocks to a family member? The answer to that query is “Nominee.” Investors can designate a nominee in their demat account so that in […]
How to Check Demat Account Status or Balance?
A Demat account holds securities such as shares, bonds, and mutual funds in electronic form, providing a safe and convenient way to manage your investments. Knowing how to check your Demat account status or balanceis essential for monitoring your portfolio and making informed financial decisions. Whether you are an active trader or a long-term investor, […]
What is a Minor Demat Account? Meaning, Features & Benefits
If you are familiar with equity investments, then you must also be aware of the benefits of starting the investment journey early. If you want to safeguard your child’s financial future but are unsure about the specifics, then this blog is for you. In this blog, we will walk you through the process of opening […]
When Bonus Shares Are Credited in Demat Account?
When bonus shares are credited to a demat account, it signifies a company’s decision to reward its shareholders by issuing the additional shares at no extra cost. This corporate action is usually announced along with the company’s financial results and reflects its commitment to return value to investors. Understanding the timeline and procedure for bonus […]
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