How to open a demat account?

It's mandatory to open a demat account, as otherwise you cannot sell shares and other securities like debentures and bonds. Opening of a demat account also ensures that you need not pay stamp duty, while the chances of theft of your securities are zero.

Also, the transfer or shares and securities is instantaneous. It's not too difficult to open a demat account and the process is very simple, as long as you have your documents ready. Here is how you can go about opening an account.

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