TYPES OF DEMAT ACCOUNT

Demat accounts are online accounts which hold the securities like shares, bonds, etc. in dematerialized or electronic form. Though the purpose of the demat remains same for all investors, there are different types of demat account for different investors.

How many types of demat accounts are there?

There are 3 main types of demat accounts:

Regular Demat Account:

A regular demat account used by investors residing in India.

Repatriable Demat Account:

A demat account used by NRIs under which funds can be transferred abroad. This type of demat account requires an NRE bank account associated with it.

Non-Repatriable Demat Account:

A demat account used by NRIs under which funds cannot be transferred abroad. This type of demat account requires an NRO bank account associated with it.