Explore the Different Types of Demat Accounts in India

If you are a beginner in the stock market, it is essential to know that you must open a Demat account to start trading. But how do you choose the one that fits your trading needs? In India, there are various types of Demat accounts or types of trading account. Whether you’re a local investor or an NRI, understanding these types of Demat account ensures security. The investor must open a Demat Account with a SEBI registered depository participant to hold and transfer securities. Let’s explore the features of each to see which one might be suitable for you! In this blog, we know about different types of demat account and benefits.