Are you a trader in equity/currency and commodities? And tired of maintaining separate balances in each account? Well, SEBI on Sept 2017 proposed trading in equity and commodity market via a single entity.
Demat accounts are electronic account forms where you can store all the fund, equities and shares you have purchased from the stock market. Therefore, you need not keep all the share certifications with you. You can convert your physical shares into dematerialized form and keep them in the demat account.