Demat Account

byPaytm Editorial TeamLast Updated: September 10, 2025

Meaning

Demat stands for Dematerialized Account. A Demat Account is used to hold shares and securities in electronic form instead of physical certificates.

Benefits

  • Easy to buy and sell shares.
  • Reduces paperwork and risk of loss.
  • Provides safe and fast access to investments.

You May Also Like

P2M TransactionsLast Updated: July 11, 2025

Introduction P2M (Peer-to-Merchant) transactions are UPI payments made by customers to businesses for goods or services. Definition The…

Urban Employment SchemeLast Updated: January 29, 2026

Meaning These schemes are government initiatives designed to address unemployment and underemployment in urban areas. They aim to…

Skill IndiaLast Updated: December 29, 2025

Meaning & Definition Skill India is a government initiative aimed at training youth with skills needed for employment…

Request MoneyLast Updated: September 16, 2025

Meaning Request Money is a feature in digital payment platforms that allows a user to send a payment…

Withdrawal SlipLast Updated: December 12, 2025

Meaning A Withdrawal Slip is a paper form used in banks to take out money from a savings…

BNPL (Buy Now, Pay Later)Last Updated: July 31, 2025

Meaning BNPL stands for Buy Now, Pay Later. It is a short-term credit facility that allows customers to…