What is Dematerialized Share?

• Dematerialization is the process by which the physical share certificates of a company are converted to an electronic form.
• Now, Demat Account is mandatory for trading of shares in stock market.
• Demat account is linked to bank accounts and trading accounts to make trading transactions (the purchase and sale of shares) smooth and seamless.

What are advantages of dematerialization of shares?

• Provide Safety
• Provide facility of insta fund transfer for trading
• Facilitate quick and easy transactions
• Convenience easy
• Pay low cost to maintain