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The Demat account number is a 16-digit unique identifier assigned to investors when they open a Demat account with a security depository, stockbroker, or any other financial institution. What Is a Demat Account & Why Is It Important? A Demat account holds all the securities (shares, bonds, mutual funds, etc.) in a single consolidated electronic format. It simplifies the process of […]

A demat account has been a boon for trading. Traditionally, trading was a tedious process, with traders having to be physically present at the stock exchange.

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