Open a Demat account provides you to number of benefits like decreased paperwork, faster settlement time during transactions, To Open a Demat Account we must tie up with best broker in India such Arihant Capital, Banks or Depositroy participants to open a Demat account.
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Process of Opening A Demat Account :
Register yourself with stock broker
· Pan Card
· AAdhar Card
· Six Months Bank Statements
· Cancel cheque
· Mobile no ( link with AAdhar Card )
· Client Own Selfie ( Clear Image )
· Email Id
· Spouse Name
· Mother Name
Benefits of Demat Account
1. Transfer of shares
when you open a Demat account for online trading it provides you delivery slip you can fill all the information in slip for smooth execution of trading .
2. Loan Facility
Whatever the shares or securities you put in your Demat Account you can give to a bank as a collateral so bank can give you loan according to the valuation of your shares
3. Multiple access options
You can do online trading with smart phones using apps to investing and monitoring online through internet .
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