InvestorQ : Is the demat account opening process simple?
shrinidhi Rajan made post

Is the demat account opening process simple?

3 years ago

Holding the shares in electronic form requires you to only go through the account opening formalities once. Demat obviates many of the traditional downsides of physical shares trading. In the demat scenario, you do not have to worry about the signature mismatch, bad delivery, shares getting mutilated, shares getting lost in transit, fraud pertaining to physical shares etc. These were the typical problems in physical certificates. In fact, today it is possible to operate on T+2 rolling settlement bases only because of the power of demat.