Benefits of Demat Account

Demat account is used to buy and sell shares. In this account, we can keep our shares in the same way as we keep our money in our bank account. The way we send money from one account to another with the help of Net Banking, Credit Card, Debit Card, Demat Account also works in the same way, in this we transfer shares from one Demat account to another Demat account online. can do. Demat account is called “Dematerialized account”, which holds shares electronically. Demat accounts in India are maintained by two depository organizations namely National Securities Depository Limited and Central Depository Services Limited.

Most of the benefits of Demat Account are for Share Marketing. So let’s know, what are the benefits of demat account –

In earlier times it was very difficult to buy and sell shares. If you used to buy shares, then only you could sell them with any one group. But since the facility of Demat Account has come, since then you have many options, you can sell your shares wherever you want. Similarly, if you buy one of your shares, you can also sell it.

The biggest advantage of Demat Account is that your shares are absolutely safe here. Because here your shares are kept digitally safe.

Earlier it used to take a lot of time to transfer shares, but now it is not so, you can transfer your shares to another account through your demat account in a few minutes. You can see it instantly in the account to which you have sent the shares.

You can sell or buy your shares as per your choice through your demat account. But this was not the case in olden times. You must have come to know that demat account is important for us, if we invest in share market.