A Report on "Oppening an Demat account" (HSC PROJECT)
DEMAT ACCOUNT OPENING *************************************************************************************************** INTRODUCTION Demat Account is an account that is used to hold shares and securities in electronic format. The full form of Demat account is a dematerialised account. The purpose of opening a Demat account is to hold shares that have been bought or dematerialised (converted from physical to electronic shares), thus making share trading easy for the users during online trading. In India, Free Demat account service is provided by depositories such as NSDL and CDSL through intermediaries / Depository Participant / Stock Broker such as Angel Broking. The charges of Demat account vary as per the volume held in the account, type subscribed, and the terms and conditions laid by the depository and the stock broker. Aims and objectives of a Demat Account There are multiple reasons why the Demat account opening has been promote...