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Types of Demat Account

There are different types of demat accounts that work similarly for different types of investors.<br>You can open demat account online(https://www.edelweiss.in/demat-account) irrespective of the type of demat account. In this presentation, we will discuss the different types of demat accounts.

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Types of Demat Account

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  1. Different types of demat account

  2. Introduction A demat account is short for Dematerialized Account wherein all your shares and securities are held in electronic form. To make online trading more convenient and easier for everyone all the securities are converted from physical to electronic form. There are different types of demat accounts that work similarly for different types of investors. You can open demat account online irrespective of the type of demat account. In this presentation, we will discuss the different types of demat accounts.

  3. Types of demat account Different types of demat accounts available in India are as follows: Regular Demat account - This demat account type is for investors residing in India and holds Indian citizenship. BSDA - Basic Service Demat Account - If you open a BSDA type of demat account, then you need not pay any maintenance charges if you have holdings below Rs 50,000. Repatriable Demat Account - This demat account type is available for NRIs who wish to invest in the Indian stock market. Non-Repatriable Demat Account - This is similar to the above type of demat account for NRIs, but the major difference is that investors cannot transfer shares abroad from this type of demat account

  4. conclusion Now that we have discussed the different types of demat accounts you can open the demat account which suits your needs. Depending on the type of investors above mentioned are the different types of demat accounts available. To sum up irrespective of your residence demat account is mandatory to make investments in the Indian stock market.

  5. THANK YOU

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