Open Demat Account

With a demat account you can convert all your shares from physical holdings to electronic units; this would enable you to access your holdings and transact from anywhere using Internet Banking or Mobile App.

• Regular Demat Account: This is for Indian citizens who reside in the country.
• Repatriable Demat Account: This type of demat account is for non-resident Indians (NRIs) who want to transfer money abroad. It needs to be linked to a Non-Resident External (NRE) bank account.
• Non-Repatriable Demat Account: This account is also meant for NRIs, but does not allow fund transfers abroad.

Bank, Depository and Depository Participants are the three key elements in the demat account opening process. Bank – It is compulsory to link your bank account with the demat account so that you can use money from your bank account to buy shares.

Depository – Depository is an entity that holds your securities in a dematerialized form. CDSL and NDSL are two authorized depositories operating in India.

Depository Participant – DP acts as an intermediary between the investor and depository.

You can dematerialize and invest in the following financial instruments through your Ajmera iTrade or through Demat and Trading Account. Equity - Find a range of convenient trading options in equities such as DIYSIP, e-Margin, Off market, Encash. These options give you a financial flexibility such as buy now pay later, getting funds from sale of stocks on the trading day as against T+2.

In India, a Depository Participant or DP acts as a mediator between the investor and depository. It is also known as the agent of the depository. A DP could be a bank, a broker or a financial institution.