Su hoy chhe demat account ane te kevi rite kam kare chhe?
The demat account also works like a bank account. Here too, only the passbook of the bank balance can be entered, you can not keep it in physical form, its protection is also electronic, and it is credited as a debit to the bank account.
According to SEBI guidelines, shares can not be sold or bought in any other form other than demat. Therefore, if you have to buy or sell a stock from the stock market, then it is mandatory to have a demat account.
When you buy a stock, the broker credits the stock with the demat account and it appears in your holdings details. If you do business with an internet-based platform, you can view your holdings online. In particular, the broker shares the shares on T + 2 which is trading day + 2 days later.
When you sell shares, you have to give delivery instructions to your broker, in which you have to fill in the details in the stock sold. The stock gets debited in your account and you pay the money for the shares sold. If you pay from the internet, debit of shares and a credit for the amount in your account automatically appears.
There are two depositories in India - National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), by which shares are held by various Depository Participants.
There is no problem in holding shares in physical forms.
There is no dilemma and you can buy and sell a stock in it too.
There is no stamp duty on the transfer.
No transfer deed is required.
You can also see these sites https://nsdl.co.in/ and http://www.cdslindia.com/ of NSDL and CDSL.
Keep these things in mind before opening an account
An account where someone can keep his shares and his security is electronically called a demat account. If you have to buy or sell shares in the stock market in India, then the demat account is mandatory. In addition, if you have to apply your shares to the Initial Public Offering (IPO), you also have to have a demat account.
Read this 6 special things in the slider-
English Summary
Read details about Demat account in Hindi What are the benefits of Demat Account?
National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), by which shares are held by various Depository Participants. Depositories have security like shares, debentures, bonds, government securities, mutual fund units etc.
Depository participants are mediators between investors and depositories. In order to avail any services from the depository, the investor needs a Depository Participant.
The demat account can be transferred individually or in advance to the available Demat Account. If the holdings of your demat account such as securities, stocks, mutual funds, bonds are less than 2 lakhs, then you can convert it to your available account. Those customers whose holdings do not get the convenience of conversion from 0 rupees to 50,000 rupees. Apart from this, if there is a holding between Rs 50,001 and Rs 2 lakh, then Rs 100 has to be paid in conversion.
Charges and fees vary according to different institutions and depending on how much the account is to be transferred and how much the amount is to be transferred. Account opening charges, annual maintenance fees, transactions or brokerage charges are some charges which are included in the demat account.
There is no problem in holding shares in physical forms. There is no dilemma and you can buy and sell a stock in it. There is no stamp duty on the transfer. No transfer deed is necessary.
The process of converting your physical shares into electronic form is called non-refraction.
Click here to read in hindi
The demat account also works like a bank account. Here too, only the passbook of the bank balance can be entered, you can not keep it in physical form, its protection is also electronic, and it is credited as a debit to the bank account.
- Why should a demat account be?
According to SEBI guidelines, shares can not be sold or bought in any other form other than demat. Therefore, if you have to buy or sell a stock from the stock market, then it is mandatory to have a demat account.
- how does it work?
When you buy a stock, the broker credits the stock with the demat account and it appears in your holdings details. If you do business with an internet-based platform, you can view your holdings online. In particular, the broker shares the shares on T + 2 which is trading day + 2 days later.
When you sell shares, you have to give delivery instructions to your broker, in which you have to fill in the details in the stock sold. The stock gets debited in your account and you pay the money for the shares sold. If you pay from the internet, debit of shares and a credit for the amount in your account automatically appears.
There are two depositories in India - National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), by which shares are held by various Depository Participants.
- Benefits of opening a demat account
There is no problem in holding shares in physical forms.
There is no dilemma and you can buy and sell a stock in it too.
There is no stamp duty on the transfer.
No transfer deed is required.
You can also see these sites https://nsdl.co.in/ and http://www.cdslindia.com/ of NSDL and CDSL.
Keep these things in mind before opening an account
An account where someone can keep his shares and his security is electronically called a demat account. If you have to buy or sell shares in the stock market in India, then the demat account is mandatory. In addition, if you have to apply your shares to the Initial Public Offering (IPO), you also have to have a demat account.
Read this 6 special things in the slider-
English Summary
Read details about Demat account in Hindi What are the benefits of Demat Account?
- India has two depositories
National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), by which shares are held by various Depository Participants. Depositories have security like shares, debentures, bonds, government securities, mutual fund units etc.
- Depository Participant
Depository participants are mediators between investors and depositories. In order to avail any services from the depository, the investor needs a Depository Participant.
- core services
The demat account can be transferred individually or in advance to the available Demat Account. If the holdings of your demat account such as securities, stocks, mutual funds, bonds are less than 2 lakhs, then you can convert it to your available account. Those customers whose holdings do not get the convenience of conversion from 0 rupees to 50,000 rupees. Apart from this, if there is a holding between Rs 50,001 and Rs 2 lakh, then Rs 100 has to be paid in conversion.
- Charge included
Charges and fees vary according to different institutions and depending on how much the account is to be transferred and how much the amount is to be transferred. Account opening charges, annual maintenance fees, transactions or brokerage charges are some charges which are included in the demat account.
- Benefits of Demat Account
There is no problem in holding shares in physical forms. There is no dilemma and you can buy and sell a stock in it. There is no stamp duty on the transfer. No transfer deed is necessary.
- Non-meteorological
The process of converting your physical shares into electronic form is called non-refraction.
Click here to read in hindi