Open Demat Account Online

What is a Demat Account?

A demat account securely holds dematerialized securities like stocks, mutual funds, bonds, ETFs and more in digital form, ensuring safe, convenient, and convenient handling of investments while enabling smooth transactions. With a demat account, investors can conveniently manage their portfolios electronically.

Why is a Demat Account Necessary?

A demat account securely holds dematerialized securities like stocks, mutual funds, bonds, ETFs and more in digital form, ensuring safe, convenient, and efficient way to manage investments while facilitating seamless transactions. Let's break down some commonly used terms to help you understand this better.

Common Terms Related to a Demat Account

Here's what you need to know before you open your demat account -

• Depository Participant (DP):

  A DP acts as your reliable middleman, connecting you to the depository. For instance, platforms like Share.Market serves as your DP, making accessing and managing your investments easy.

• International Securities Identification Number (ISIN):

  Every security in your account, like a stock or bond, is assigned a unique ISIN—a special code that identifies it globally, ensuring transparency and accuracy.

• Beneficiary Owner ID (BO ID):

  This is your identifier for the demat account. It's like your unique account number, used to track your holdings and transactions.

• Rematerialization:

  The opposite of dematerialization—this turns your digital securities back into physical certificates when needed.