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What is Depository with IDBI?

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.

In India, NSDL and CDSL are two national depositories. The major role of the national depositories is to open and manage Demat accounts. They work like a bank managing the holdings of various securities in the Demat accounts.



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