The demat is a depository account in which securities are held by an intermediary.
A demat account is a type of brokerage account that holds securities, such as stocks and bonds, for the investor. The investor can purchase stocks or bonds from the broker through their demat account.
The demat account is an electronic account in which securities are held by an intermediary. This means that when you invest in stocks, bonds, or mutual funds, you don’t own them outright. You simply keep track of your investments through the demat account.