What Are The Types of Demat Accounts?

Types of demat accounts

Demat accounts have revolutionized the way you invest in securities and manage your financial portfolio. Gone are the days of paper stocks and physical certificates. Demat accounts provide a secure and convenient way to hold and trade securities electronically. In this article, we will discuss the different types of demat accounts available to investors. Each caters to different needs and preferences.

Regular Demat Account:

Regular Demat Account is the most common type and is suitable for retail investors who want to hold and trade securities. This allows investors to own a wide range of financial instruments such as stocks, bonds, mutual funds, and government bonds. Regular demat accounts are offered by banks, financial institutions, and brokerage firms. They offer features such as easy access to statements, transaction history, and seamless transactions through online platforms and trading online apps.

Transferable Demat Accounts:

Transferable Demat Accounts are designed for Non-Resident Indians (NRIs) who wish to invest in the Indian stock market. NRIs can transfer their investment funds along with capital gains to overseas bank accounts. For this type of account, the investor must have an External Non-Resident  (NRE) or Foreign Currency Non-Resident (FCNR) bank account and  Portfolio Investment Scheme (PIS) approval from the Reserve Bank of India.  Check more on demat account login for details.

Non-Resident Ordinary (NRO) Demat Account:

Like the remittable demat account, the NRO demat account is also intended for his NRI. However, funds held in this account cannot be repatriated. H. You cannot remit money to a foreign bank account. NRO Demat Account is used to manage income earned in India such as rental income, dividends, pension payments, etc. The funds can be used for local expenditures and investments within India. Check to start with trading online apps.

Beneficial Owner (BO) Demat Account:

A BO Demat account is opened by an investor who holds securities on behalf of another person. This type of account is often used by financial institutions, brokers, and custodians who hold securities on behalf of their customers. BO accounts allow securities to be easily transferred between customers and holders without the need for physical certificates. Check more on the demat account login details for the same.

Corporate Demat Accounts:

Corporate Demat Accounts are specially designed for businesses and allow them to store and manage their securities electronically. This account holds shares issued by the company and can be easily transferred and traded. Corporate demat accounts are very important for companies to comply with regulatory requirements and simplify the process of issuance and transfer of securities.


Demat accounts have undoubtedly simplified the way you invest in securities and manage your financial assets. There is a type of demat account suitable for every investor, from regular demat accounts for individual investors to special accounts for NRIs, corporates and beneficiaries. The convenience, security, and ease of access that Demat accounts offer have made them an essential part of the modern financial environment, enabling individuals and institutions alike to participate and succeed in the world of investing. Consider using the best trading online apps for more.

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