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Informative report of demat account presentation of data and information

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Secondary School English 5 points

Presentation of data and information of demat acconut

Ask for details Follow Report by Shreeyaramesh3693 02.01.2019

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Sidyandex Genius

Demat means the preservation of physical securities into electronic form.

It is a process where the securities like debentures, shares are converted into electronic data.

These data are stored in a computer depository. In India, there are two types of depository. Ther are NSDL and CDSL.

A demat account can be formed by through the help of the following steps:

• You should pick a stockbroker or The DP.

• Fill up the registration form and attach necessary documents. The signing of a POA document is also required here.

• Once the documents are dispatched the stockbroker will perform an in-person verification

• In the final step, the stockbroker will verify all the details and will create the client ID and account number for you

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