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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 […]

Demat account is a vital aspect to participate in the stock market.

Without a demat account, it is almost impossible to trade in the stock market.