Why does my bank account is linked with the SBI Demat account?

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Are you a day trader?

It is mandatory to link the bank account with the Demat account. All bonuses, dividends etc., earned by your securities will be credited to this account.

Trading or investing in the stock market requires 3 accounts:

  • Trading Account
  • Bank Account
  • Demat Account

When you buy shares using your trading account, the money is withdrawn from the linked bank account and the shares are deposited in the liked demat account.

When you sell shares using your trading account, the money is deposited in the linked bank account and shares are withdrawn from the linked demat account.



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