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FINANCE
August 25, 2024

Reviving Dormant Accounts: Treatment of Inactive Trading Accounts

As investors know the demat account works similarly to a bank’s savings account. Similar to a savings account, an unused trading account for over a year, gets dormant. The account holder can not perform any transaction from that account. Similarly, if there is no transaction in the demat account, the account gets inactive. Now, to make the savings account active, an account holder is…
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