Is there any benefit to convert physical shares to demat?
Those who want to directly benefit from a thriving economy, often invest in the stock market. Apart from shares, they invest their hard-earned money in a mutual fund, commodities, bonds, and so on. People are using the economic expansion of a country to make some money for years. But, with the advent of the internet, even stocks are being dematerialized. Nowadays, physical share certificates are no longer in vogue. They have been replaced with electronic dematerialized shares. Still today, there are plenty of physical share certificates which have not been converted to their electronic form. Is there any benefit to converting physical shares to Demat ? Yes, there are many. Let's discuss those benefits in detail through the following points. Convenience- The online Demat account helps you to buy and sell shares pretty easily. You just need to have a proper internet connection at your home with a good quality smartphone or laptop. If you convert the physical share certificates...