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DEMAT ACCOUNTINTROIn India A Demat Account

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DEMAT ACCOUNT
INTRO
In India, a demat account, the abbreviation for dematerialized account, is a type of banking account which dematerializes paper-based physical stock shares. Conversion of Securities from Physical (Paper) Mode into Electronic Mode is Called Dematerialization. The Client opens Demat Account with any DP. Upon Demat, the Certificates are destroyed and credit entry of exactly equal number of Securities is created in Depository in Electronic mode. The B.O. account of holder is credited and the securities lose their identities. The dematerialized account is used to avoid holding physical shares: the shares are bought and sold through a stock broker.
This account is popular in India. The market regulator, securities and
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2. Broking firm with which investment is done
Table2: Table showing Broking firm with which investment is done

Fig7: Graph showing Broking firm with which investment is done.
Interpretation: Many people are associated with Reliance Securities Ltd.

ANALYSIS OF DATA
Online Broker
Brokerage for Delivery
Brokerage for Intraday
Trading
R K Global Shares &Securities brokerage charges
0.20% - 0.30%
0.02% - 0.03%
SBICAP Securities brokerage charges
0.50%
0.10%
Sharekhan brokerage charges
0.03% - 0.50%
0.03% - 0.10%
Motilal Oswal brokerage charges
0.30% - 0.50%
0.03% - 0.15%
5 paisa brokerage charges
0.25% - 0.85%
0.07%
Angel Broking brokerage charges
0.50%
0.02% - 0.03%
ICICI direct brokerage charges
0.75%
0.15%
Indiabulls brokerage charges
0.25% - 0.50%
0.05% - 0.10%
HDFC Securities brokerage charges
0.50%
0.15%
UTI Securities brokerage charges
0.80%
0.15%
Religare brokerage charges
0.20-0.30%
0.02% - 0.03%
Reliance Money brokerage charges
0.01%
0.01%
India info line brokerage charges
0.50%
0.10%

CONCLUSION
India adopted the Demat System for electronic storing, wherein shares and securities are represented and maintained electronically, thus eliminating the troubles associated with paper shares. After the introduction of the depository system by the Depository Act of 1996, the process for sales, purchases and transfers of shares became significantly easier and most of the risks associated with paper certificates were mitigated.it was Easy
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