Demat accounts are now a days mandatory for most scrips and is also a very convenient and safe mode of holding in electronic mode, your investments in scrips/bonds/NSC's etc.It is just like a Bank acount where cash is maintained. Procedure is simple. This also facilitates instant transfer s upon sale / purchase.You need to find out the depository who is in your close vicinity and offers a whole range of services. Trading account is important as redemption of the investments will be easy.
in India Stock holding corporation, India Bulls financial services, Karvy consultants, Kotak Securities, Share Khan, Reliance Money and a lot of public sector/private/MNC Bank's etc are some of the leading players. You can log on to any of their sites and register yourselves. They will do the rest.