Why Is It Important To Open A Demat Account?

By Author: Anshul Saxena
Total Articles: 1
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Here are a few reasons that make a demat account important.

·Safety
Stock broker help you to build & manage your wealth for your better future .Demat account holds the shares and securities in electronic form which overcomes the risk associated with holding them in the physical form. With a demat account, there is no risk to your shares or securities of being stolen, misplaced or damaged.

·Trading
Trade in the stock market is not possible if you do not have a demat account. Unless you have a demat account, you won't be able to buy or sell shares of publicly listed companies.Stock Broker

·Hold multiple securities
Demat account helps the investor in overcoming the hassle of holding multiple securities by preserving all the securities in just one account. This makes the task of tracking financial products simpler and easier.

·Lower Costs
Additional costs like stamp duty and handling charges that were applicable to physical share certificates are not applicable in the demat account. The elimination of all such expenses has lowered ...
... the cost of trading and investing in shares.

·Odd Lots
When shares were traded in physical form, it was not possible to trade in a single security or odd lots. But with the introduction of a demat account, the problem of odd lots has been solved and now you can purchase any quantity of share you wish to.

·Flexibility
Demat account provides you the flexibility to operate it from anywhere you like. By using a laptop or mobile phone, you can monitor your investments and place transactions. All you need is an active internet

connection.
The above mentioned are some of the facts that highlight the importance of opening a demat account. If you are looking to Open Demat Account, you can get in touch with Indira Securities.

The Indira Group founded in the year 1987 and since then it has set a benchmark for the quality services and a very special personal touch. It has reached out deep into the souls of investment class [right from corporate, to HNI’s, to conscious small investor’s]. Charging optimum brokerage, providing best quality services, transparency in customer accounts and personalized advice from our expert research team are the distinct features which have made it trustworthy and it has won thousands of hearts.