Demat Account


Ajit Kumar AJIT KUMARWISDOM IAS, New Delhi.

 Demat Account concept has revolutionized the capital market of India. When a depository company takes paper shares from an investor and converts them in electronic form through the concerned company, it is called Dematerialization of Shares. These converted Share Certificates in Electronic form are kept in a Demat Account by the Depository Company, like a bank keeps money in a deposit account. Investor can withdraw the shares or purchase more shares through this demat Account.


Wednesday, 20th Jan 2016, 10:48:08 AM

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