How to open a Demat AC?

A Demat account is required to hold and trade shares electronically.

A Demat Account is essential for holding shares in digital form. Here’s a simple guide to opening one:

Choose a Broker: Pick a registered broker or financial institution, such as a bank or a stockbroking firm.
Fill Out an Application: You’ll need to provide basic details like your name, PAN, Aadhaar, and bank account details.
KYC Verification: Submit identity and address proof, like a passport, Aadhaar, or voter ID.
Sign the Agreement: Sign an agreement with the broker, outlining the terms and conditions of your account.
Start Trading: Once your account is activated (usually takes a few days), you can start buying and selling shares.

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