What is IIFL Demat account?

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A demat account is an online repository where securities like shares, mutual funds etc., bought by you are held in digital formats. It works like a bank account. The bought securities are credited in the Demat account and sold securities are debited from the account.

On opening an account, you will be provided with a Demat account number which needs to be provided during every trading transaction. You can access the account online to get a complete view of your holdings and portfolio.


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