Stock Market
What is Demat Account? — Meaning, Definition & Example
Definition
A Demat (dematerialized) account is an electronic account that holds your shares, bonds, mutual fund units, and other securities in digital form. It eliminated the need for physical share certificates. In India, NSDL and CDSL are the two depositories.
💡 Real Example
When you buy 100 shares of Reliance on Zerodha, those shares are credited to your Demat account held with CDSL or NSDL.
🇮🇳 Demat Account in Hindi / हिंदी में
डीमैट अकाउंट — डीमैट (डीमटीरियलाइज्ड) अकाउंट एक इलेक्ट्रॉनिक अकाउंट है जो आपके शेयर, बॉन्ड, म्यूचुअल फंड यूनिट और अन्य सिक्योरिटीज को डिजिटल रूप में रखता है।
Demat Account (Hinglish) — Demat account ek electronic account hai jisme aapke shares, bonds, mutual fund units digital form mein stored hote hain. India mein NSDL aur CDSL do depositories hain.
❓ Frequently Asked Questions
What is Demat Account in simple words?
A Demat (dematerialized) account is an electronic account that holds your shares, bonds, mutual fund units, and other securities in digital form. It eliminated the need for physical share certificates. In India, NSDL and CDSL are the two depositories.
Can you give an example of Demat Account?
When you buy 100 shares of Reliance on Zerodha, those shares are credited to your Demat account held with CDSL or NSDL.
What is Demat Account meaning in Hindi?
In Hindi, Demat Account is called डीमैट अकाउंट. डीमैट (डीमटीरियलाइज्ड) अकाउंट एक इलेक्ट्रॉनिक अकाउंट है जो आपके शेयर, बॉन्ड, म्यूचुअल फंड यूनिट और अन्य सिक्योरिटीज को डिजिटल रूप में रखता है।