Dbn Centre - Your good source of information
  • Business
  • Education
  • Finance
  • Health
  • Home
  • Shopping
  • Tech
  • More
    • Sports
    • Auto
    • Law
    • Real Estate
    • Travel
No Result
View All Result
  • Business
  • Education
  • Finance
  • Health
  • Home
  • Shopping
  • Tech
  • More
    • Sports
    • Auto
    • Law
    • Real Estate
    • Travel
No Result
View All Result
Dbn Centre
No Result
View All Result

Prime Benefits of a Demat Account

Chaya Ben by Chaya Ben
January 14, 2021
in Finance
0
Prime Benefits of a Demat Account

With the emergence of a demat account in the nation, the share market has undergone a significant change. The instant switchover from manual to electronic trading has contributed to simplifying the maintenance and handling of shares. Today, having a dematerialized account bridges the gap between technology and finance in a more convenient way.

For shareholders, having the best demat account has become an integral criterion for trading. An increasing number of demat accounts in India justifiably denotes that it has an array of praiseworthy features. Thus, here’s to the key features of a dematerialized (demat) account.

What are the Key Features of a Demat Account?

The following are the prime features and benefits any shareholder would receive with a demat account.

  1. Easy Access

The online demat account gives stress-free and speedy access to statements and investments via net banking. The availability of these details can easily get received by users through smartphones, users, or other devices.

  1. Seamless Dematerialization of Advanced Securities

When shareholders have certificates in the physic format, they might require giving a set of instructions to the DP or depository participant for converting it into the electronic form. On a similar note, certificates available in electronic form can also get converted into a physical form if and when any problem or issue persists.

  1. Inclusion of Stock Dividends

With the introduction of demat accounts, there has been a change in the process. The trading industry shifted from time-consuming procedures and embraced quicker solutions. This way, receiving dividends, refunds, or interest, became simpler than ever. This process is better known as auto-credited. Updating the accounts of investors with bonus issues, stock splits, rights, and public issues has become convenient today through ECS or electronic clearing service.

  1. Easy Stock Transfers

Stock transfers on selling or buying have become less complicated. Gone is the era when physical share transfers would require about one month or more. Alongside a simplified process, the costs have come down too. The electronic form of transfers doesn’t include any additional duty, which otherwise would have complicated a physical process.

  1. Liquidity of Shares

With the simplified demat accounts, it has become convenient and faster to receive the money on selling stocks.

  1. A Loan Feature

Did you know that having a demat account will let you avail of a loan against securities that are held in the Demat Account? Yes, this is another great advantage of having a dematerialized account.

  1. Securities to Get Frozen in Demat Accounts

Another amazing benefit of having a demat account is that a specific quantity or type of securities in the account can get frozen by the account holder. The account holder will be able to freeze a demat account for a particular time span. This can stop any type of money transfers of any credit or debit card into the demat account.

A Final Note

Lastly, demat accounts also play a fundamental role in offering foreign investors great access to the share market of the nation. With a rise in the foreign money in the country’s share market, it has led to a boom in the economy.

Previous Post

How to Revitalize Your Vaginal Muscles and Boost Your Sexual Life After Menopause

Next Post

Why Skin Deep Laser MD is the best skincare provider

Chaya Ben

Chaya Ben

Next Post
Why Skin Deep Laser MD is the best skincare provider

Why Skin Deep Laser MD is the best skincare provider

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Common Concrete Problems and Solutions: Repairing Your Surfaces

Common Concrete Problems and Solutions: Repairing Your Surfaces

September 25, 2023
Neora’s Powerhouse Ingredients for Fighting Cellulite

Neora’s Powerhouse Ingredients for Fighting Cellulite

September 22, 2023
How to Choose the Right Hydraulic System for Your Needs

How to Choose the Right Hydraulic System for Your Needs

September 21, 2023
Why Choosing the Right Stock Trading App for You is Important?

Why Choosing the Right Stock Trading App for You is Important?

August 23, 2023

Recommended

Common Concrete Problems and Solutions: Repairing Your Surfaces

Common Concrete Problems and Solutions: Repairing Your Surfaces

September 25, 2023
Neora’s Powerhouse Ingredients for Fighting Cellulite

Neora’s Powerhouse Ingredients for Fighting Cellulite

September 22, 2023
How to Choose the Right Hydraulic System for Your Needs

How to Choose the Right Hydraulic System for Your Needs

September 21, 2023
Why Choosing the Right Stock Trading App for You is Important?

Why Choosing the Right Stock Trading App for You is Important?

August 23, 2023

Recent Posts

  • Common Concrete Problems and Solutions: Repairing Your Surfaces September 25, 2023
  • Neora’s Powerhouse Ingredients for Fighting Cellulite September 22, 2023
  • How to Choose the Right Hydraulic System for Your Needs September 21, 2023
  • Why Choosing the Right Stock Trading App for You is Important? August 23, 2023
  • Becoming a Better Leader & CEO With Kevin Modany of Bluerock Partners August 2, 2023

Archives

  • September 2023
  • August 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • March 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Auto
  • Business
  • Casinos
  • Education
  • Event
  • Finance
  • Health
  • Home
  • Law
  • News
  • Poker
  • Real Estate
  • Shopping
  • Sports
  • Tech
  • Travel
  • Wine
September 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« Aug    

Recent Posts

  • Common Concrete Problems and Solutions: Repairing Your Surfaces September 25, 2023
  • Neora’s Powerhouse Ingredients for Fighting Cellulite September 22, 2023
  • How to Choose the Right Hydraulic System for Your Needs September 21, 2023
  • Why Choosing the Right Stock Trading App for You is Important? August 23, 2023
  • Becoming a Better Leader & CEO With Kevin Modany of Bluerock Partners August 2, 2023
  • The Importance of Proper TV Mounting and Secure Installation June 19, 2023
  • Spectrum Select enables you to watch videos of high quality. May 3, 2023
  • Ten Career-Worthy Jobs in Payroll April 4, 2023
Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Get Support

© 2019 Dbn Centre - Premium WordPress news & magazine theme by Dbn Centre.

No Result
View All Result
  • Dbn Centre
  • Get Support
  • Home 2
  • Home 3
  • Home 4
  • Home 5

© 2019 Dbn Centre - Premium WordPress news & magazine theme by Dbn Centre.