What Is The Procedure To Convert Shares To Demat Account


The Indian Stock Markets have evolved from issuing physical share certificates to providing a digital interface to suit customer requirements. Before the year 1997, investors would transact in the financial markets by buying and selling physical share certificates. They used to go all the way to the trading floor to buy and sell securities. The transactions would take place through an open outcry method, wherein investors used verbal communications and specific hand gestures to place buy orders or close their positions. 

Now, with everything being digitalized, investors can buy, sell and transfer shares from anywhere, at any time. If you have physical share certificates, make sure you convert them into electronic format and enjoy the benefits of investing online. You need to open demat account to enjoy online trading. Following a simple series of steps, you can easily get your physical share certificates converted into online shares credited to your Demat account. 

The Demat account provides a user-friendly interface for investors to carry out their transactions hassle-free. It provides flexibility, comfort, and ease of access, among the numerous advantages. Investors traveling overseas can buy or sell securities whenever they want. By dematerializing securities, the resultant transactions can be done securely and faster. It provides a well-structured interface for investors to learn about their securities and make timely decisions.  

Let's understand the procedure of converting one's shares into a Demat form.


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