Demat Account

DEMAT Account is a dematerialised form of account used for holding any financial securities such as - equities/stocks, bonds, debt funds, mutual funds, ETFs, etc., that an individual buys. DEMAT Account helps keep your financial securities safe and secure. Demat Accounts are maintained by Depository Participants (DPs) in India, and there are two DPs which are - the National Securities Depository Ltd (NSDL) and the Central Securities Depository Ltd (CDSL). A Demat Account keeps all securities in a digital or an electronic format.test