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What is a Central Depository?

Zerodha (Flat Rs 20 Per Trade)

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 central depository is an organization that manages the Demat accounts. Your broker is only an intermediary. There are two depositories NSDL and the CDSL.



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