What is Demat Account

Demat a/c is an account where we can keep digital securities, it may be shares, bond, debenture, commercial paper etc. It is just like a bank a/c but you can keep share in Demat a/c instead of cash in bank account. ISFM giving facility to its student to open free Demat a/c after taking admission.

Demat a/c having Classification

01. Trading account: Where we can keep cash and can buying and selling of securities.
02. Demat account: Where we can keep digital securities storage.

Where can open

We can open Demat a/c with any intermediaries which is registered by SEBI. These intermediaries may be stock broker and bank also.

Documents Required

01. We required one ID and one Address proof to open the demat a/c.
02. PAN card is mandatory document to open a Demat a/c.
03. Voter Card
04. Driving license
05. Passport
06. Ration Card
07. Uid Card
08. Water / Electric Bill
09. Bank Passbook
10. Bank a/c Cheque
11. Passport size 2 Photo

How to Open Demat A/c

Demat a/c can be opened with any intermediaries which is registered with SEBI, it may be Stock brokers, Banks etc.
We have tie-up with different stock broker which are leading player in the industry to open free Demat a/c in Gurgaon for our students. ISFM help student to understanding of live aspect of the market.

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