How to Choose Best Demat Account in India
Demat Account is the first thing that is needed to start share trading. Most beginners find it confusing as to what is a Demat account and which is the Best Demat Account in India. Demat Account is a digital storage account that stores shares in digital mode. Recall a bank account- what it does- it stores to cash in digital mode.
A Demat Account does not hold money- it holds shares and other financial instruments digitally. Earlier, holding these financial instruments meant safekeeping paper certificates of each share. Now there is no need to do any paperwork while share trading. Now, to evaluate the Best Demat Account, consider the following points