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**NOTE** - has claimed [url=http://www.mxitcms.com/abercrombie/]abercrombie[/url] original rights on the article "Top Nine Reasons to Open Demat Account" ... if there is a dispute on the originality of this article ... please contact us via our and supply our staff with the appropriate details of dispute (ie ).
Top Nine Reasons to Open Demat AccountArticle [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] Summary: Demat is an abbreviation for Dematerialized. Demat account is meant for holding the securities electronically instead of holding it physically. Functioning [url=http://www.ktbruce.co.uk/hollisteroutlet.php]hollister[/url] of a Demat account resembles that [url=http://www.rtnagel.com/airjordan.php]jordan pas cher[/url] of a bank account.
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In India, the idea of storing securities electronically in place of possessing paper or physical security certificates is comparatively new. This concept of DP account, also referred to as Demat or dematerialization account, was actually introduced about ten [url=http://www.ktbruce.co.uk/mulberrysale.php]mulberry outlet[/url] years back. Despite the rising popularity of demat accounts and the several benefits it offer, a large number of investors still possess physical certificates [url=http://www.thehygienerevolution.com/hollister.php]hollister[/url] of their securities.
Such a preference pattern may have various reasons behind it, with the reasons varying from [url=http://www.teatrodeoro.com/hollisterde.php]hollister[/url] investor to investor. However, the main reason behind this pattern is observed to be the lack of awareness regarding the advantages of [url=http://www5f.biglobe.ne.jp/~shanil/mv/bbs2/t-yybbs.cgi]hollister sale Mobility Scoot[/url] Demat accounts or regarding the various charges related to such account. If you also belong to this set of investors, then this article is meant for you.
To start from basics, Demat is an abbreviation for Dematerialized. Demat account is meant for holding the securities electronically instead of holding it physically. Functioning of a Demat account resembles that of a bank account. For instance, a savings bank account is meant for depositing and withdrawing money, and similarly, a dmat account is [url=http://www.davidhabchy.com]barbour outlet[/url] used for withdrawing and depositing stocks, bonds, NSCs and debentures.
Furthermore, all the buying and selling of shares are also adjusted in this account. Your DP will periodically provide you with statements of your holdings and transactions, which is similar to a bank passbook or statement.
Opening of a Demat account is compulsory for all those who wish to invest or trade in the Indian [url=http://www.teatrodeoro.com/hollisterde.php]hollister deutschland[/url] stock market, as mandated by SEBI, the Indian market regulator. You are recommended to open demat account with a SEBI-registered Depository Participant.
Benefits of opening Demat Account
Safety Ensured: If you possess physical certificates of your shares, bonds etc, then there are risks such as theft and mutilation. Other than that, risks of bad-delivery, delays in transfer of physical securities or holding fake papers are also present. So if you [url=http://www.sandvikfw.net/shopuk.php]hollister sale[/url] hold your securities electronically, you are doing away with all these risks and ensuring safety for you long-term investments.
Convenience Ensured: When the need for selling your dematerialized stocks or redeeming your debentures, you can do it conveniently by carrying out electronic transfers. Hence, you are free from the hassles of transfer forms, redemption requests and almost every other cumbersome paper work.
The other top benefits of opening demat account are:
1. Flexibility of parking almost all investments.
2. Automatic credit of redemption proceeds in your account.
3. Direct credit of all dividends and interests in your connected bank account.
4. Automatic occurrence of rights, bonus, merger, split, etc.
5. Option of online trading and transfer of share.
6. Nomination of your legal heirs with just one nomination in [url=http://www.mable.ne.jp/~ishimurake/yybbs/yybbs.cgi]woolrich Choosing A Real Esta[/url] your demat account.
7. No chance of mismatch in signatures due to the dematerialized trading of securities.
Hence, demat account enables a smooth and fast process. This is a reason enough for all the individual investors to open demat accounts quickly.
Opendemataccount.in [url=http://www.agentparadise.com]woolrich sito ufficiale[/url] offers free demat account for online trading in share market India. Open demat account without any demat account opening charges.
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