Why do I have to link my bank account with IIFL Demat account?

IIFL Securities Account Opening

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Securities held in a Demat account earn bonuses, dividends etc. This money is directly transferred to the bank account linked with the Demat account.

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Topic: IIFL Securities Demat Account Review

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What is IIFL Demat account?
Is it compulsory to open a demat account with a trading account in IIFL?
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