Understanding Demat Accounts: A Beginner's Guide{ | Demystifying Demat Accounts
A Demat account, or Demateralised Account, is a crucial component for participating in the Indian securities market. In simple terms, it allows you to hold your investments in electronic form rather than physical certificates. Think of it like having a digital vault for your stock holdings. When you open a Demat account with a Depository Particip