Demat accounts are electronic accounts that hold shares and securities in a dematerialized format.
Make sure you choose a reliable DP that is registered with the Securities and Exchange Board of India (SEBI).
Choose a reliable Depository Participant (DP)
Ensure that your Demat account details are kept confidential, including your account number, login ID, and password. Change your password frequently, and don't share it with anyone.
Keep your account details confidential:
Be wary of fraudulent activities such as phishing, where fraudsters send emails or messages to obtain your account details.
Beware of fraudulent activities
Ensure that your DP has your current contact information, including your email id and phone number.
Keep your contact information up-to-date
Inactive accounts are more prone to hacking and other fraudulent activities. Make sure you use your Demat account regularly or close it if you no longer need it.
Don't leave your account inactive: