In recent times, particularly with the onset of the Covid-19 pandemic, there has been a noticeable upsurge in the focus on promoting financial inclusion worldwide. The pandemic has brought to light existing inequalities in access to financial services, highlighting the urgent need for economic equity and opportunities for individuals irrespective of their socioeconomic backgrounds.

At the heart of the financial inclusion movement lies the principle of democratizing financial services. This principle advocates for ensuring that individuals from all walks of life, including those historically underserved or marginalized, have access to essential financial tools, enabling them to manage their finances effectively and participate fully in the formal economy.

A pivotal instrument that has emerged to drive financial inclusion forward is the demat account. In this piece, we explore the role of demat accounts in advancing financial inclusion and expanding access to financial services for all.

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