In India, any investor who wants to invest, trade, and own securities like stocks, bonds and mutual funds must open a Demat account. In today's digital age, we all have digital wallets like Paytm, Phonepe, and Google Pay, and also online bank accounts. The same way a Demat account (Demat is short for dematerialized), allows an investor to hold financial assets in electronic form, with an aim of facilitating safe, easy, and convenient trade for users. In simple words, a Demat account is just like a bank account, the only difference being that when a bank account holds cash, the Demat account holds shares and other securities.
Demat accounts debuted in India, and prior to that investors traded in physical share certificates. However, fast-forward 2021, the Securities and Exchange Board of India (SEBI) requires everyone who wants to trade Indian securities to have a Demat account. That means a Demat account is mandatory for anyone who wants to conduct securities trading in India. These accounts are maintained by depository organizations like the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL).
Demat accounts have drastically changed the way traders buy, sell and hold their securities and made trading a more open playing ground.
Centrifugal Fans are a type of fan that uses centrifugal force to move air. These fans consist of a rotating impeller with blades that draw air in and force it out radially, perpendicular to the axis of the impeller. Centrifugal fans are commonly used in HVAC systems, industrial processes, and ventilation systems where a high-pressure air flow is required. They offer high efficiency and can be designed to operate at different speeds and pressures to suit different applications. Centrifugal fans are available in a variety of sizes and configurations, including single and double inlet fans.
DC Blower Fan, often referred to as centrifugal or radial fans, is a type of fan that employs direct current (DC) power to create a high-pressure, low-volume air flow. These fans work by providing a centrifugal force that forces air outwardly radially around a rotating wheel with blades that revolves around a stationary housing.