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Is there any benefit to convert physical shares to demat?

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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 to e

Top Benefits of Transferring Shares To Demat Account

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The securities watchdog Securities and Exchange Board of India(SEBI), had come up with a resolution regarding the exchanges and securities of commodities in 2018. It was regarding the transfer of securities from physical share transfer to Demat account . This is referred to as dematerialization. It is related to commodities and has been undertaken in this resolution. People investing in commodities and securities will get online verification and documents.   No physical hardcopy of the document varying their purchase of the related commodity would be sent. This has been introduced to eliminate the issue of transferring the securities to some other person. A hard copy of the documents of the commodities often delays the transfer of the commodities in case of sale or purchase of the same. Check out the benefits of transferring the commodities to the Demat account ●        Convenient to Track Since all the transfers of commodities would be recorded online, it would be convenient t