What is a DEMAT Account?

A DEMAT Account stands for Dematerialized Account. Previously, people would receive stock certificates, generating a lot of paperwork. Moreover the dangers of fake certificates, theft destruction by elements were also averted.

DEMAT account is like a Bank Account, and can be used to store securities stored in an electronic form. Some examples are:

• Stocks
• Exchange Traded Funds
• Mutual Funds
• Bonds

Dematerialised securities have also made trading and investing in capital markets much easier for participants by:

• Easy & Secure storage of securities
• Elimination of Paperwork
• Immediate notification to Companies

How to Open a Trading & DEMAT account in India?

Opening a DEMAT & Trading Account in India today is a fairly simple process.

The Documents needed are:

• PAN Card
• Address Proof
• Bank Proof
• KYC form for Opening A Demat Account

With SAMCO, India’s leading Discount Broker, you can open a Trading & DEMAT Account in 3 easy steps!

1. Register: Register online and fill the account opening form. Take a print, attach & sign the documents.
2. Post: Post the documents to us on the address.
3. Trade: You will get your login credentials on your registered E-Mail ID. You can then start Trading!

SAMCO is a Depository Participant with Central Depository Services Ltd. (CDSL).

Our main DP is CDSL: IN-DP-CDSL-443-2008.

You can reach out to us in case of any  queries at depository@samruddhi-india.com  or via the Support Help Desk