About: Demat account

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A Demat account (short for "dematerialized account") is a necessary account to hold financial securities (equity or debt) in a digital form and to trade shares in the share market. In India, Demat accounts are maintained by two depository organizations, the National Securities Depository Limited and the Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository. In India, a Depository Participant (DP) is described as an Agent of the depository. They are the intermediaries between the depository and the investors. The relationship between the DPs and the depository is governed by an agreement made between the two under the Depositories Act. The Demat account number is quoted for all transactions to enable el

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rdf:type	yago:WikicatCentralSecuritiesDepositoriesOfIndia yago:Artifact100021939 yago:Depository103177349 yago:Facility103315023 yago:Object100002684 yago:PhysicalEntity100001930 yago:YagoGeoEntity yago:YagoPermanentlyLocatedEntity yago:Whole100003553
rdfs:label	Demat account (en)
rdfs:comment	A Demat account (short for "dematerialized account") is a necessary account to hold financial securities (equity or debt) in a digital form and to trade shares in the share market. In India, Demat accounts are maintained by two depository organizations, the National Securities Depository Limited and the Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository. In India, a Depository Participant (DP) is described as an Agent of the depository. They are the intermediaries between the depository and the investors. The relationship between the DPs and the depository is governed by an agreement made between the two under the Depositories Act. The Demat account number is quoted for all transactions to enable el (en)
dcterms:subject	Financial services in India Securities (finance) Stock market
Wikipage page ID	4401788 (xsd:integer)
Wikipage revision ID	1118740638 (xsd:integer)
Link from a Wikipage to another Wikipage	Capital gains tax Financial services in India Debt Capital gains Depository participant Permanent Account Number Permanent account number Equity (finance) FIFO and LIFO accounting Profit (accounting) Securities (finance) Stock market By-law National Securities Depository Limited Securities and Exchange Board of India Central Depository Services Limited Security (finance) Vide (Latin) ISIN Aadhar card Know Your Customer
Link from a Wikipage to an external page	https://nsdlcas.nsdl.com/ https://www.sebi.gov.in/acts/act03a.pdf-the
sameAs	Demat account Demat account Demat account Demat account Demat account Demat account Demat account Demat account
dbp:wikiPageUsesTemplate	dbt:Globalize dbt:Main dbt:More_citations_needed dbt:Multiple_issues dbt:Original_research dbt:Reflist dbt:Short_description dbt:Copy_edit
has abstract	A Demat account (short for "dematerialized account") is a necessary account to hold financial securities (equity or debt) in a digital form and to trade shares in the share market. In India, Demat accounts are maintained by two depository organizations, the National Securities Depository Limited and the Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository. In India, a Depository Participant (DP) is described as an Agent of the depository. They are the intermediaries between the depository and the investors. The relationship between the DPs and the depository is governed by an agreement made between the two under the Depositories Act. The Demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Access to the dematerialized account requires an internet password and a transaction password. Transfers or purchases of securities can then be initiated. A security is a tradable financial asset. The term commonly refers to any form of a financial instrument, but its legal definition varies by jurisdiction. Purchases and sales of securities on the dematerialized account are automatically made once transactions are confirmed and completed. (en)
prov:wasDerivedFrom	wikipedia-en:Demat_account?oldid=1118740638&ns=0
page length (characters) of wiki page	16081 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Demat_account
is Link from a Wikipage to another Wikipage of	Trade account Indian Depository Receipt Sai Prasad Corporation Abhyudaya Co-operative Bank Ltd Financial literacy Dematerialization South Indian Bank National Securities Depository Limited Rajiv Gandhi Equity Savings Scheme StockHolding Corporation of India Demat
is Wikipage redirect of	Trade account Demat
is services of	StockHolding Corporation of India
is product of	Abhyudaya Co-operative Bank Ltd South Indian Bank National Securities Depository Limited
is service of	StockHolding Corporation of India
is foaf:primaryTopic of	wikipedia-en:Demat_account

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