• Lifestyle
    • All
    • Fashion
    • Food
    • Health
    Mood Ring “Technology”

    Mood Ring “Technology”

    Yellow Merino Wool Socks

    The Color Psychology of Yellow Merino Wool Socks

    Gold Rope Chains

    Are Gold Rope Chains Still Popular?

    Skateboarding Improve Child's Balance

    How Can Skateboarding Improve Child’s Balance And Coordination?

    Girls Fashion

    Exclusive Girls Fashion

    Hair loss

    Alopecia Areata: Types and Treatments

    Magnesium

    What are the effects of Magnesium?

    Points to Keep in Mind while Going Grocery Shopping

    Hazards of Confined Space

    Hazards of Confined Space

  • Business
    Grow Your Online Business

    Factors to consider when selecting Document management systems

    best logo designer on Fiverr

    How to find the best logo designer on Fiverr? Here is my experience of hiring a seller on Fiverr.

    Enhance Your Cibil Score

    Six Smart Ways to Enhance Your Cibil Score 

    Social Media Listening Tools

    Social Media Listening Tools Purposes and Benefits

    Grow Your Online Business

    11 Company Improvement Suggestions with Major Impact

    casing for devices

    How Aluminum is Used in Electronics

    Vehicle Expenses

    5 Ways to Reduce Your Vehicle Expenses

    Grow Your Online Business

    7 Strategies to Grow Your Online Business

    Negotiating

    How to Get the Best Deal Negotiating for a Used Truck?

  • Entertainment
    • All
    • Games
    Activision

    Activision Success Story

    Indigo Prophecy Remastered

    Indigo Prophecy Remastered is a mystery game.

    How to get to Tsurumi Island in Genshin Impact Map?

    How do You Get to Tsurumi Island?

    audio equipment

    Why should you rent audio equipment in London?

    What Are Custom Essay Writing Services?

    How to Watch Formula One Live – Watch Formula One Live TV

    Anne with an E

    Best Comedy-Drama Series Similar To Anne With An E Season 4

  • Celebrity
    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Georges Seurat’s Mysterious Death

    Georges Seurat’s Mysterious Death

    mercedes moore

    Mercedes Moore – {Bio, Age, Instagram, Spouse, Networth}

  • Digital Marketing
    • All
    • Social Media
    SEO Best Practices

    SEO Best Practices: How to Update Old Content and Keep Your Rankings Up

    instagram followers

    Now Is The Time For You To Know The Benefits About Instragram Followers Free

    Create Engaging TikTok Videos

    How To Create Engaging TikTok Videos?

    Photoshop

    5 Great Websites To Learn Photoshop Skills & Earn

    blogs

    How To Build Traffic To Your Blogs: A Beginners Guide to Getting More Visitors

    affiliate programs

    Why affiliate programs are advantageous to Your Business.

  • Technology
    Apple Phone Repair

    Guidelines For Choosing a Shop For Apple Phone Repair in Land O Lakes

    What you Need to Know about the Shopify Appointment Booking App

    What you Need to Know about the Shopify Appointment Booking App

    Screen Recorder

    How to Choose The Right Screen Recorder For Your Needs

    Soil Moisture Sensors

    Ultimate Guide to Using Soil Moisture Sensors

    Moto Metal Wheels

    4 Reasons Why (Almost) Everyone Adores Moto Metal Wheels!

    8 Tips for a Successful Social Media Video Marketing Strategy

    8 Tips for a Successful Social Media Video Marketing Strategy

    Windows Update Proxy

    How to Configure Windows Update Proxy Settings

    Free Photo Backup

    Cloud Storage Method for Free Photo Backup (Up To 1tb)

    PDF files

    5 Online Tools To Use For Merging Two Or More PDF Files Without Incurring Any Fee

  • Travel
    Luxurious Hotel In Jaipur

    Enjoy Exceptional Services In The Luxurious Hotel In Jaipur

    Coorg-A paradise

    Coorg-A paradise for tourists to rejuvenate their minds

    Spain train

    Spain train tickets all you need to know

    trip to Disneyland

    How to enjoy a perfect trip to Disneyland?

    Trip To Pune

    What Makes The Trip To Pune Great Excitement For The Tourists?

    Umrah Package

    Why the 5 star Umrah Package in 2022 is the Perfect Gift for Ramadan

    road trip

    Road Trip To Take From Delhi On A Weekend

    andaman honeymoon package

    Have a look at your beautifully planned 7 days Andaman honeymoon package

    Airbag Deactivation

    Airbag Deactivation – When is It Suitable?

  • Crypto
    Cryptocurrency Pricing

    Cryptocurrency Pricing and Options: What to Look Out For.

    Blogging Project

    How To Use Bitcoins To Finance Your Blogging Project.

    Support Your Colleagues At Work

    How to Start and Run an Online Business with Cryptocurrencies.

    Peer-to-Peer Currency

    The Best Thing about Bitcoin is that it’s a Peer-to-Peer Currency.

    Cryptocurrency

    How Cryptocurrencies Are Impacting People’s Lifestyles.

    Cryptocurrencies

    How Cryptocurrencies Impact Scientific Research.

    Bitcoin With SMSF

    How Does Bitcoin Affect the American Economy?

    Cryptocurrency Versus Stock

    Establishing Key Differences Between Investing in Stock Versus Cryptocurrency

    Bitcoin With SMSF

    Your Guide to Buying and Investing in Bitcoin With SMSF

No Result
View All Result
Hub Blogging
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    Mood Ring “Technology”

    Mood Ring “Technology”

    Yellow Merino Wool Socks

    The Color Psychology of Yellow Merino Wool Socks

    Gold Rope Chains

    Are Gold Rope Chains Still Popular?

    Skateboarding Improve Child's Balance

    How Can Skateboarding Improve Child’s Balance And Coordination?

    Girls Fashion

    Exclusive Girls Fashion

    Hair loss

    Alopecia Areata: Types and Treatments

    Magnesium

    What are the effects of Magnesium?

    Points to Keep in Mind while Going Grocery Shopping

    Hazards of Confined Space

    Hazards of Confined Space

  • Business
    Grow Your Online Business

    Factors to consider when selecting Document management systems

    best logo designer on Fiverr

    How to find the best logo designer on Fiverr? Here is my experience of hiring a seller on Fiverr.

    Enhance Your Cibil Score

    Six Smart Ways to Enhance Your Cibil Score 

    Social Media Listening Tools

    Social Media Listening Tools Purposes and Benefits

    Grow Your Online Business

    11 Company Improvement Suggestions with Major Impact

    casing for devices

    How Aluminum is Used in Electronics

    Vehicle Expenses

    5 Ways to Reduce Your Vehicle Expenses

    Grow Your Online Business

    7 Strategies to Grow Your Online Business

    Negotiating

    How to Get the Best Deal Negotiating for a Used Truck?

  • Entertainment
    • All
    • Games
    Activision

    Activision Success Story

    Indigo Prophecy Remastered

    Indigo Prophecy Remastered is a mystery game.

    How to get to Tsurumi Island in Genshin Impact Map?

    How do You Get to Tsurumi Island?

    audio equipment

    Why should you rent audio equipment in London?

    What Are Custom Essay Writing Services?

    How to Watch Formula One Live – Watch Formula One Live TV

    Anne with an E

    Best Comedy-Drama Series Similar To Anne With An E Season 4

  • Celebrity
    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Georges Seurat’s Mysterious Death

    Georges Seurat’s Mysterious Death

    mercedes moore

    Mercedes Moore – {Bio, Age, Instagram, Spouse, Networth}

  • Digital Marketing
    • All
    • Social Media
    SEO Best Practices

    SEO Best Practices: How to Update Old Content and Keep Your Rankings Up

    instagram followers

    Now Is The Time For You To Know The Benefits About Instragram Followers Free

    Create Engaging TikTok Videos

    How To Create Engaging TikTok Videos?

    Photoshop

    5 Great Websites To Learn Photoshop Skills & Earn

    blogs

    How To Build Traffic To Your Blogs: A Beginners Guide to Getting More Visitors

    affiliate programs

    Why affiliate programs are advantageous to Your Business.

  • Technology
    Apple Phone Repair

    Guidelines For Choosing a Shop For Apple Phone Repair in Land O Lakes

    What you Need to Know about the Shopify Appointment Booking App

    What you Need to Know about the Shopify Appointment Booking App

    Screen Recorder

    How to Choose The Right Screen Recorder For Your Needs

    Soil Moisture Sensors

    Ultimate Guide to Using Soil Moisture Sensors

    Moto Metal Wheels

    4 Reasons Why (Almost) Everyone Adores Moto Metal Wheels!

    8 Tips for a Successful Social Media Video Marketing Strategy

    8 Tips for a Successful Social Media Video Marketing Strategy

    Windows Update Proxy

    How to Configure Windows Update Proxy Settings

    Free Photo Backup

    Cloud Storage Method for Free Photo Backup (Up To 1tb)

    PDF files

    5 Online Tools To Use For Merging Two Or More PDF Files Without Incurring Any Fee

  • Travel
    Luxurious Hotel In Jaipur

    Enjoy Exceptional Services In The Luxurious Hotel In Jaipur

    Coorg-A paradise

    Coorg-A paradise for tourists to rejuvenate their minds

    Spain train

    Spain train tickets all you need to know

    trip to Disneyland

    How to enjoy a perfect trip to Disneyland?

    Trip To Pune

    What Makes The Trip To Pune Great Excitement For The Tourists?

    Umrah Package

    Why the 5 star Umrah Package in 2022 is the Perfect Gift for Ramadan

    road trip

    Road Trip To Take From Delhi On A Weekend

    andaman honeymoon package

    Have a look at your beautifully planned 7 days Andaman honeymoon package

    Airbag Deactivation

    Airbag Deactivation – When is It Suitable?

  • Crypto
    Cryptocurrency Pricing

    Cryptocurrency Pricing and Options: What to Look Out For.

    Blogging Project

    How To Use Bitcoins To Finance Your Blogging Project.

    Support Your Colleagues At Work

    How to Start and Run an Online Business with Cryptocurrencies.

    Peer-to-Peer Currency

    The Best Thing about Bitcoin is that it’s a Peer-to-Peer Currency.

    Cryptocurrency

    How Cryptocurrencies Are Impacting People’s Lifestyles.

    Cryptocurrencies

    How Cryptocurrencies Impact Scientific Research.

    Bitcoin With SMSF

    How Does Bitcoin Affect the American Economy?

    Cryptocurrency Versus Stock

    Establishing Key Differences Between Investing in Stock Versus Cryptocurrency

    Bitcoin With SMSF

    Your Guide to Buying and Investing in Bitcoin With SMSF

No Result
View All Result
Hub Blogging
No Result
View All Result

Five important things to consider before opening a Demat account

April 18, 2022
Demat account

A Demat account is one of the tools required to operate/invest in the stock markets. One can open demat account by reaching out to any authorized online stock broking platform. The shares owned by a person are stored in electronic form in a Demat account. 

A Demat account can also apply to certain other investments, such as mutual funds and bonds. Across a specific time frame, the brokerage provides the investor with holdings statements. It allows the investor to keep track of the financial investments from one source. 

Here are five points to consider before investing in a Demat account:-

Broker Type

In order to make transactions in terms of buying and/or selling shares, one crucial aspect is choosing a broker. A brokerage firm can either be a discount broker or a complete-services broker.

One major difference between the two types is the range of services/products offered. In the case of a discount broker, trading in stocks and futures & option is the key selling point; in the case of a full-service broker, on top of these services, it also allows the investor an option to transact in products pertaining to mutual funds, personal finance products and initial public offerings(IPOs).

Access Type and a software variant

One of the important factors before working with a demat account is the trading software that the broker provides and the extent to which the software is user-friendly. In cases where the software is needlessly complicated and makes it difficult to trade, it is best to go with simpler software, which makes investing hassle-free.

User support/Online Support/Investor support

Since technology is involved in making financial transactions, it may go wrong sometimes. In these cases, proper support is required from the team available from the technical side/support side, who can interact with the investor and resolve any issues with a quick turnaround time.

Demat charges involved

There are multiple costs associated with the maintenance of a demat account. Some of them are account opening, Annual maintenance charge(AMC), charges paid to NSDL or CDSL on buying/selling shares, and penalty charges on DIS rejection. One needs to look at all these to get a bird’s eye view of the costs involved in operating a demat account.

Whether the banking/brokerage and custody is seamless or not?

These activities depend on whether the broker is a bank or not. It is not too significant. If the brokerage and custody of the account happen seamlessly and/or if the funds are loaded via NEFT/UPI/RTGS or any other authorised payment gateways, it works. One should remember that many brokers take a nominal charge to avail the services of a payment gateway, so it is best to use the NEFT/RTGS/UPI method to transfer funds as it would be free of any nominal charges.

In addition to the five points above, there are additional things one should consider. One of those things is checking if the demat and trading account are with the same broker. One should also check if the broker has a DP licence. An investor should also submit the DIS(debit instruction slip) on time to the broker on selling shares. Failure to do so will result in bad delivery and lead to losses.

In cases where the broker and DP are the same, this process becomes simpler. An investor can opt for an online demat option and give the broker the POA(Power of Attorney)to debit the demat account every time a sale happens. The demat account is credited in the event of a purchase. This way, since the trading and demat accounts are at the same place, it is hassle-free.

Share122Tweet76Share30
Hub Blogging

Hub Blogging

Hub Blogging is an online blogging platform that is dedicated to providing knowledgeable articles to its audience in an exciting as well as informative tone. Keep Connected With Us!

Related Posts

Grow Your Online Business
Business

Factors to consider when selecting Document management systems

July 1, 2022

Introduction Document management is the process of storing and organizing documents in an efficient manner. It can be done manually, but document management systems (DMS) simplify this process by automating it. Choosing a DMS that best suits your organization...

best logo designer on Fiverr
Business

How to find the best logo designer on Fiverr? Here is my experience of hiring a seller on Fiverr.

July 1, 2022

Fiverr is one of the greatest freelance service providers, providing a database of genuinely talented people to meet anyone's requirement for little gigs that may be completed quickly. The procedure of finding the desired freelancer is likewise quite rapid...

Enhance Your Cibil Score
Business

Six Smart Ways to Enhance Your Cibil Score 

July 1, 2022

Banks and credit providers each have their criteria for lending. The RBI mandates that banks use CIBIL scores to evaluate every application. Credit Information Bureau India Limited reports comprise your credit history, borrowing, and repayment. CIBIL scores range from...

Social Media Listening Tools
Business

Social Media Listening Tools Purposes and Benefits

June 30, 2022

Post Preview If you want to increase customer satisfaction and track mentions on social media, you should invest in a social media listening tool social media listening tools that analyze the conversations for instance. Its advantages range from tracking mentions and...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Hub Blogging

Hub Blogging

A Blogging Platfrom

Hub Blogging is an online blogging platform that is dedicated to providing knowledgeable articles to its audience in an exciting as well as informative tone. Keep Connected With Us!

Categories

  • Business (316)
  • Celebrity (3)
  • Cryptocurrency (15)
  • Digital Marketing (73)
  • DIY (3)
  • Education (65)
  • Entertainment (28)
  • Fashion (40)
  • Food (12)
  • Games (18)
  • General (73)
  • Health (137)
  • Home Improvement (79)
  • Lifestyle (135)
  • Social Media (21)
  • Technology (183)
  • Travel (37)
  • Uncategorized (115)
  • Website Review (2)

Popular

  • News Phxfeeds Com

    News Phxfeeds Com: Find Valid Info Here!

    369 shares
    Share 148 Tweet 92
  • TikTok Hot or Not Composite Images: Read to Know What It Is?

    326 shares
    Share 130 Tweet 82
  • Pikashow APK Download (Mod, Live IPL 2022) 75.0

    323 shares
    Share 129 Tweet 81
  • How to Register on Wpc2029 live? Read Details Here!

    321 shares
    Share 128 Tweet 80
  • An Effective Practice for Choosing Guest Post Agency

    315 shares
    Share 126 Tweet 79
  • Privacy Policy
  • Write For Us
  • About Us
  • Contact Us

© Hub Blogging Copyright 2022. All Rights Reserved.

No Result
View All Result
  • Lifestyle
  • Business
  • Entertainment
  • Celebrity
  • Digital Marketing
  • Technology
  • Travel
  • Crypto