demat account

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A Demat account hold shares and securities in an electronic format. Know about what is Demat account, Demat account meaning, types, benefits & ways to open a demat account at BFSL.

Demat, which is the abbreviation for Dematerialization is the process of converting shares from the physical form to electronic form. Dematerialization is a safer and more effective way of maintaining records. At the time of online trading, shares are bought and held in a Demat account thereby facilitating easy online trading for users.

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