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In Business / High School | 2025-07-03

Answer any ONE of the following questions. Each question carries 6 marks.

1. How to open a DEMAT Account Online for Trading.
2. Prepare a report on systematic and unsystematic risk analysis.

Asked by chelsey9862

Answer (1)

How to Open a DEMAT Account Online for Trading
Opening a DEMAT (Dematerialized) account is essential for holding and trading in securities like stocks, bonds, and mutual funds in electronic form. Here's a step-by-step guide on how to open a DEMAT account online:

Choose a Depository Participant (DP):

A DP is a bank, financial institution, or broker authorized by a depository to offer DEMAT account services. Research and select a DP that provides good service and competitive fees.


Visit the DP's Website:

Go to the official website of your selected DP. Most DPs offer an online account opening facility.


Fill Out the Application Form:

Navigate to the section for opening a DEMAT account and fill out the online application form with necessary details such as name, address, contact information, and bank details.


Submit Required Documents:

Upload scanned copies of identity proof (Aadhaar card, passport, etc.), address proof (utility bill, rental agreement, etc.), and a recent passport-sized photograph.
Provide your PAN card copy, which is mandatory for opening a DEMAT account.


Verification Process:

Complete the in-person verification through a video call or by visiting the DP’s branch, as specified by the DP.


Sign the Agreement:

Read and sign the agreement with the depository and the DP online. This agreement includes the terms of service and is necessary to operate your DEMAT account.


Pay the Fees:

Pay any account opening, annual maintenance fees, and other charges as applicable. Payment can usually be done online via net banking or UPI.


Receive Confirmation and Account Details:

Once the verification and approval process is complete, you will receive an email or SMS with your DEMAT account number and other login details.


Link with Trading Account:

If you intend to trade, you may also need to open a trading account, which can usually be linked with your DEMAT account. Most DPs offer both services as a package.



With these steps, you should successfully open a DEMAT account online, enabling you to start trading in the digital securities market.

Answered by JessicaJessy | 2025-07-06

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