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Demat accounts are primarily used for investing in shares and securities in an electronic form that is more accessible with a Demat account. Specifically, these accounts are meant to convert share certificates from physical to electronic format, thereby providing greater accessibility for account holders.
Any individual who wishes to invest in the stock market, i.e. buy or sell shares, in Nepal needs a demat account.
You can open a demat account through depository banks and financial institutions, merchant banks and broker companies with permission from the Securities and Exchange Board to act as depository participants (DP).
Elite Merchant capital is located at 2nd Floor Metropark Building, Uttardhoka, Lazimpat, Kathmandu
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