DMAT account in india

India
March 25, 2013 1:15pm CST
Hi, any body have experience in DMAT account in india i have lot of doubt's need to clarify
1 person likes this
2 responses
@Life11211 (452)
• India
28 Apr 13
You have lot of doubts but not even mentioned single doubt related to demat. he he Demat is Account for shares Like we have bank account for money, for share we require demat account and to buy and sell we need Trading account. So that's why when you ask for demat account, they suggest you to open three in one account that is bank+demat+trading account and link three accounts. I checked you have query related to brokerage part. You can clear you doubt by checking with brokerage plan you opted for.
• India
28 Apr 13
Hi, thank you for your reply once i open dmat account i will clarify all doubts
• India
28 Apr 13
Good.
@ptrikha_2 (13436)
• India
26 Mar 13
Many banks like Kotak Mahindra bank, ICICI Bank, Punjab National Bank, and also companies dealing in Shares and Mutual funds trading like Motilal Oswal, Sharekhan, Religare Securities etc are dealing with Demat accounts. You can approach any one of them for opening a Demat account. There would be some heavy paperwork, with a number of form of agreements to be signed with National Securities Board(NSDL), CDSL, Demat account facilitator company etc, forms for Electronic Clearance also. You might need at least one Photo-Id proof and One residential address proof. More details would be with the particular company representatives.
@ptrikha_2 (13436)
• India
3 Apr 13
This can be better answered by the customer care representative of the company with which you sign up for the De-Mat account.