The purpose of opening a demat account are as mentioned below:
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To convert the physical securities into the electronic form,
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To deposit and transfer the NEPSE listed securities in a dematerialized form , To credit the securities allotted through IPO and corporate actions (such as rights share issue, bonus issue, merger, etc.) in a dematerialized form,
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To receive the statement of the securities held in a demat account, To pledge the securities held in a demat account,
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To rematerialize the securities held in a demat account.