As per the concern, demat account is an abbreviated phrase for Dematerialized account, which is also known as depository or DP account. This account is employed for retailer the securities electronically in area of holding it in bodily type. The working of Demat account really much comparable to the operating of lender account. For case in point, savings lender account is typically utilised for depositing as very well as withdrawing money, and in the similar method, demat account is utilized fo…
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