Portfolio :
1. Demat Account and Trading Account
2. What should you look before opening Demat account
3. Documents Required
Before many days ago there were not online procedure, that time there were only paper work. For that we needed material. This was too lengthy procedure like make a sign and weight for many days like that. But now it is dematerialized (De-Material).
Demat account is like a bank account. We can compare it. If we deposit fund in bank then in electronic format money exists in bank similarly in Stock market we need electronic money.
Difference between Demat and Trading Account:
Documents Required:
- Pan Card (Must)
- Aadhar Card or any other address proof
- Bank Statement for (Future & Options)
- Cancel Cheque if required
All process is online
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