Kotak Securities Trading App (Demat Account)
Free!
Benefits
Kotak Demat accounts offer a number of benefits, including:
- Security – Demat accounts are electronic, so there’s no risk of losing, damaging, or forging documents.
- Convenience – Demat accounts make it easy to buy and sell securities, and to track and monitor your investments.
- Cost savings – Demat accounts eliminate the need for physical share certificates, which can involve paperwork and stamp duty.
- Tax optimization – Demat accounts make it easier to track holding periods, which can help with long-term tax optimization.
- Automatic settlement – Demat accounts automatically credit or debit your holdings when you make a transaction.
- Dividend payments – Dividends are automatically credited to your linked bank account.
- Access to statements – You can easily access your investment statements through your Demat account.
- Customer support – Kotak offers local customer support through branches in most towns and cities in India.
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