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Demat account

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(Querist)
29 May 2014 What is demat account and what are the uses of it
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Rupesh Jain

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Rupesh Jain (Expert)
31 May 2014 demat a/c is your a/c in which shares and unit are not deliver by physically but tfr in your demat a/c.

when you want to sell your unit s then demat a/c provider give you cheque book and then you can use it.
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