Benefits of holding a demat account
                     Benefits of holding a demat account
The concept of dematerialization is similar to the concept of keeping your money 
in a bank with a passbook and accessing your balance on the internet. For all of 
us, it has simplified and made safe the process of trading and holding shares. The 
details are securely stored with depositories, and the data is adequately backed 
up given its value and sensitivity.
According to an Indian wealth research report, only 5% of Indian families' 
financial wealth  currently  goes  into  financial  products,  including  equities  
directly  or through mutual funds.
As  a  fully  electronic  data  trail  with  a  full  investment  history,  Demat  is  also 
 an effective tool for investment, reports, tracking, growth, and tax compliance.
The opening of a Demat account reduces trade barriers with its ease of access 
and the ability to transfer shares quickly. Moreover, the agreement between you 
and the  Depository  Participant  is  not  subject  to  stamp  duty,  saving  you  
costs associated with dealings and registration.
The shares held in can also be pled as collateral to secure a personal loan.
Opening  a  Demat  account  allows  you  to  link  it  to  other  relevant  accounts  
and start trading or investing making it easy and smooth for the people.
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