Question

What is dematerialised account?

Answer 1

Answer:

• Dematerialisation is the process of converting the physical share certificates into electronic form, which is a lot easier to maintain and is accessible from anywhere throughout the world.

Hope it will be helpful :)

Answer 2

Answer:

A Demat account is an account to hold financial securities in electronic form. In India, Demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited.