Benefits of Depository and Demat Account

Question

What are the Benefits of Depository Services and Demat Account?

Answer 1

Following are the Benefits of Depository Services and Demat Account

a. Purchase and Sale of shares as well as stocks of any corporation on any stock exchange.

b. It can Saves time

c. No need of paper work.

d. Transaction costs is Lower

e. Easiness in transaction.

f. Transparency in transactions.

g. No imitating of safety certificate.

h. Physical attendance of stockholder is not mandatory in stock exchange.

i.  Threat of damage and loss of retreat certificate is eliminated.