Want to convert physical shares to Demat? Learn about the process and its advantages
Do you still own any physical certificates of share? If you do, you should convert them into electronic format. The process of converting the physical share certificate into its electronic form is called the dematerialization of the share. If you trade every now and then on the stock market, you will know that these days, you get to hold the electronic form of shares only, and to hold them you need a proper Demat account. It can be a time-consuming process to transfer the physical shares to a Demat account. To help you in this task, many private financial solution companies are coming forward. They will assist the shareholders in the recovery of investment and debtor. What are the advantages of dematerialized shares? · Safety- The electronic form of shares is pretty reliable. Here, you don't have to worry about any fake document or forged physical share certificate. So, the electronic record of shares presented in your online Demat account is quite genuine and authe