Getting a Demat account with Angel Broking would help you to deal with shares and securities easily. The benefits of having a demat account and the reasons for having the same have been discussed in detailed. It would help investors to grasp a better idea about having a trading or demat account. First of all, let us discuss the benefits of having a trading or demat account. Some of the perks of using the same have been detailed in the following part of the article.
Environment-friendly – Handling an Angel Broking Demat Account would be easy enough as you can go through the procedure easily. One of the reasons for it is less paperwork since securities are held in electronic form making it convenient and less time-consuming. Also, there is an application that is very easy to use.
Secure and convenient – The way of handling the shares or securities are secured and easy. This would also help you to keep track of shares easily from any smartphone, laptop or desktop. The secured way would help the investors to deal with the transactions easily without the risks of any damages.
Quick settlement – Soon after you open Angel Broking Demat Account, you can immediately start accessing the account. You need not have to wait for long to start dealing with the transactions via the account. Following this, you would be notified about each of the transactions either through text message or through email service.
Time-saving – You can carry out the transactions from the comfort of your home or desk. Irrespective of time and location, you can go through the account details and accomplish the transactions.
No storage risk – Unlike paper certificates, demat accounts would lower the risks of being stolen, damaged, or forged.
All in one – Angel Broking is a robust platform where investors would get plenty of investment dealings along with expert advice on how to trade in Equity, gold ETFs, and commodity futures including others.
Seven reasons for having a demat account
The conversion of the securities to electronic form is just an option for the investors as they can maintain the securities in whichever form they want to. But, it is already known that the handling of the securities physically can be challenging enough as it brings in additional troubles for the investor. Another important reason for having a demat account is that it is easier when investors are opting for buying or selling the securities via the electronic medium instead of the physical form.
Other necessities for having the demat account are as follows:
Easy transfers – By having Angel Broking Demat Account, investors would be able to go through easy transfer procedure with the help of Delivery Instruction Slip or Receipt Instruction Slip that would help in both buying and selling the shares. The slips provided would have the details of the transactions and need to be kept for future use.
Easy facility to avail loan – Loans are also provided by many lenders against the securities that are stored under the demat account. The securities or the holdings are considered as collaterals that would help the investor to get the loan.
Easy internet facilities – With the help of National Securities Depository Limited or NSDL, investors are allowed to send instruction electronically. These are safer than the physical submission of the slip to the concerned depository. However, this would make the process convenient and less time-taking.
Corporate advantages –In case the investors get any refunds, dividends, or interest, it would be automatically added to their Demat accounts. Moreover, corporate actions like right shares, bonus issues, or stock split are also updated in the Angel Broking Demat Account of the users.
Fast dematerialization of securities – Account holders can ask for the conversion of physical certificates into electronic form with the help of the depository participant or DP. In addition to this, the electronic securities can be reconverted to physical form if it is needed.
Freezing accounts – If the investors want, they can freeze the Angel Broking Demat Account for a sometimes if needed. This would prove to be beneficial if the investor wants to get rid of any unexpected debit or credit pertaining to the account. In addition, the freezing option of the account is only available for a certain quantity of securities.
Several options to access – Since Angel Broking Demat Account is operated electronically, it can be accessed via various models. The account can be accessed via any electronic device such as a smartphone, computer, or other electronic devices.
The final words
Therefore, it has also been seen that there is less number of individuals who are dealing in purchasing and selling physical securities compared to the ones who prefer to go by the electronic form of selling or buying. Thus, investors can easily opt one via Angel Broking and avail the benefits.