A Demat account (Short form of dematerialized account) is an account through which every visceral documents are converted into electronic documents. In order to permission a Demat account, you obsession to have the internet along bearing in mind the username and password of the account.
• Benefits of Demat system
• This is an easy and most convenient way to amassing all securities and shares for a longer period.It is considered to be safer than the paper documents as they are prone to any damage or theft or any misuse. That is why companies prefer dematerialization of invoices (dématérialisation des factures) as it can be saved for a long period.
• If you need to transfer your securities, less paperwork is needed.
• The transaction cost is also reduced compared to the physical document transaction cost.
• A single Demat account can hold both equity and debt shares in it
• The traders can work anywhere online as all the securities and shares are available in their Demat account and they can use that account anywhere in the world.
serve to the company
The depository system will condense the cost for the transaction and the company can have an working cost-cutting process while carrying out the process through a Demat account. It provides good communication and timely services to all shareholders and investors.
Benefits to investors
The buccaneer is secure from the risk of holding the being security documents as they obsession to maintain the document upon their own risk for a long time. The delivery problems due to signature issues can be minimized gone the electronic transfer. No stamp loyalty is paid on any transfer of shares.