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Start by updating the If you are planning to earn money from stock market, then this is important news for you. Today we will tell you about such an account, without which you cannot invest money in the stock market. Yes, the name of this account is Demat Account. Although many people would know about this account, but today we will tell you how you can easily open this account. Along with this, what documents will be required to open this account. Let us tell you in detail about Demat account
Demat account is required for trading
Let us tell you that for trading in the stock market, a demat account is necessary. Without this you cannot trade. Nowadays most of the organizations give you a chance to open this account. You can easily open this account sitting at home.



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After this, KYC will have to be done. To get KYC done, you will need photo, ID proof and documents.

When your process is completed, then in-person verification will take place.

After this process is completed, you will have to sign a term of agreement with the brokerage firm.

After doing this your account will be opened.

After this, you will be given a demat number and a client ID.


what is demat account
Let us tell you that the way the account of customers is opened in the bank, in the same way a demat account is necessary for trading in the stock market. According to the instructions issued by SEBI, you cannot buy or sell shares in any other way without opening a demat account.


Features of this account-



You can open this account with zero balance.

In this you will not have to pay any annual maintenance charges.

In this, you will be given a mobile app that too for free, along with this, if you want to do it from a laptop, then you are given a software that too absolutely free.

There is no hassle of maintaining minimum balance in this.

You can also keep this account with you in digital form.

Shares can be bought and sold with the help of this account.

Apart from this, you can also invest in digital gold and mutual funds.