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A Demat account works like a digital storage where your shares are kept safely, similar to how money is stored in a bank account.
It allows you to buy, sell, and hold shares digitally without paperwork. No minimum balance required, only annual maintenance charges apply.
Sharekhan, Motilal Oswal, IIFL, Kotak Securities, HDFC Securities
Zerodha, Upstox, 5Paisa, Samco