MARKET BASICS • GUIDE

Demat Account Explained

Understand demat accounts, brokers, depositories, KYC and the difference between trading and demat functions.

A demat account holds securities electronically; a trading account is used to transact through a broker.

Participants

Indian investors interact with brokers and depositories such as NSDL or CDSL under the applicable framework.

Safety

Use strong authentication, verify communications and keep contact and nomination details updated.

Records

Contract notes and depository statements help reconcile transactions and holdings.

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