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Demat Account - FAQs

Demat Account

What is a Demat Account ?

A Demat account lets you keep securities in an electronic form instead of the physical form. It thus eliminates the risk of forgery, theft and manipulation of share certificates.

As an investor you will enjoy many benefits if you buy and sell shares in the depository mode. The following are some of the benefits you will enjoy: -

  • No bad deliveries.
  • No risk of loss, mutilation or theft of share certificates
  • No stamp duty for transfer of shares.
  • Reduced paper work.
  • Fast settlement cycles.
  • Low interest rates on loans granted against pledge of dematerialized securities by banks.
  • Low margin on securities pledged with banks.
  • Increase in liquidity of your securities because of faster transfer and registration of securities in your account.
  • Instant disbursement of non-cash benefits like bonus and rights into your account.
  • Regular account status updates available from MODES (Modes Optimization and Delivery Estimation System) at any point of time.
ATTENTION INVESTORS KYC IPO

Group Companies Members of : BSE, NSE, MCX, MCX.SX, CDSL, Broking Services, Depository Services, Portfolio Management Services, Member Area IPO Distribution, Insurance Broking
BSE Clearing No.: 911 | SEBI Regn. No.: INZ000177531 (Cash/F&O) | NSE Clearing No.: 11858 | SEBI Regn. No. INZ000177531 (Cash/F&O/CDs) | MCX-SX Clearing No.: 11400 | SEBI Regn. No.: INZ000177531 (CDs) |
CDSL DP ID: 30300 | SEBI Regn. No.: IN-DPCDSL-210-2003 | MCX SEBI Reg No.: INZ000032336 | MCX: 10665 | NBFC RBI Regn. No.: 13.01851

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