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Zerodha (Trade with the best stock broker)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
A demat account is an online account holding equity shares, ETFs, mutual funds, etc in electronic format.
An individual can open a demat account with any Depository Participant (DP) who is a member of either CDSL or NSDL depository participants. Usually, all stockbrokers are DP's. They offer demat account along with the trading account.
The sample statement of a customer Demat Account at CDSL looks like as below. It shows a customer has shares of 2 companies in his demat account; FDC Limited (900 shares) and L&T Finance Holdings limited (500 shares).
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