What is a Demat Account with Alice Blue?

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Similar to a bank account, a demat account is to keep shares, mutual funds, bonds, NCD's and other such securities in electronic form. 

CDSL and NSDL are two government-approved depository service providers in India. The brokers are members (also known as depository participants or DP) of these two depositories.

Demat account offers easy and convenient trading and investments in the stock market. It also reduces the risk of losing paper share certificates. The transfer of shares between your trading account and the demat account is electronic and fast.


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