Everything You Wanted to Know About Demat Accounts, But Didn't Know Whom to Ask

In India, the term 'Demat' means račun.Nematerijaliziranih dematerialized account is an account that holds stocks and securities electronically rather than physical form. Therefore, in order to buy or to open a Demat account račun.Demat such account, except that instead of depositing money in a deposit of shares.
Do you need to open a Demat Account?
Today, no one trades more shares in the physical. Like almost all trades must be settled in dematerialized form, you must have Demat account.
How to open a Demat account ?
In order to open, to access the depository participant and fill out the form to open an account. With the opening of the form, must provide proof of identity (POI) and proof of address (POA) as specified in the Securities Board of India (SEBI ).

What are the fees paid Demat Account?
There are four charges related to the Demat account. Among them are:
Opening Account benefit
As the name suggests, this fee is applicable at the time of opening Demat account. However, it should be noted that not all depository participants charge for opening an account.
Annual maintenance fee
This is also known as a cartridge for holding a charge. It is usually billed in advance.
Custodian fees
custodian fee is charged on a monthly basis, and it depends on the number of securities held in the account.
Transaction fee
This fee is charged for credit or charged with securities and bills. It is charged on a monthly basis.
What are the advantages of Demat account?
benefits Demat account as follows:

Demat account is a safe and secure way to hold securities transfer of securities does not require a stamp duty Risks associated with physical certificates such as theft, destruction, and poor delivery to eliminate paperwork involved in transfer of securities is eliminated The problems associated with selling the physical stock, such as odd lots is eliminated, and even one share can be sold shares are automatically credited to your account in credit, Split, merge, etc.

So, we can safely say that the first step in entering the stock market was the signing of the Demat Account.