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A demat account is like a digital wallet for stocks, bonds, and other investments. These are stored electronically rather than as physical certificates. It's safe and convenient. Buy, sell, and track your investments online. Think of it as a bank account for stocks. When you buy shares, they are added to your demat account. If sold, it will be deducted. Here is the list of some documents require for demat account : 1. Proof of Identity: Your ID card, like Aadhaar card, passport, or driver's license. 2. Proof of Address: Documents showing your address, such as a utility bill or rent agreement. 3. PAN Card: Your Permanent Account Number card issued by the Income Tax Department. 4. Passport Size Photos: Usually, two passport-sized photos are required. 5. Bank Details: Information about your bank account, like a canceled cheque or bank statement. 6. KYC Form: Know Your Customer form provided by the account provider. 7. Trading Account Application Form: The form to apply for a trading account.
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