Demat Account related FAQs

Does CDSL Easiest facility offered by any broker?

CDSL Easiest is not offered by any online stock broker. This is because the broker loses the POA over your Demat Account when you sign up for CDSL Easyst. The broker cannot debit Demat shares and you can't sell shares using your trading platform.

For share transfers to other Demat accounts, they recommend that you use DIS (delivery instructions slips).

CDSL Easiest allows you to submit inter-depository, early pay-in, and off-market debit instructions directly from your DEMAT account via the CDSL online portal.

Is it necessary to have an demat account to apply in an IPO?

How securities can be transferred from one account to another?

Can I apply in an IPO if I don't have a Demat account?

On Demat account how much interest is given?

What maintenance charges are there for a demat account? Is there any processing fees or hidden charges on transactions I make on a demat account?

If I don't hold any share in my demat account, do I need to pay any annual maintenance charge

Can a person keep more than one demat account with same name?

Can a minor open a demat account?

Diffrenciate between Demat account number and Trading account number?

What are NSDL & CDSL?

Is a minor eligible to open a trading account?

Define Depository.

Define Depository Participants.

What does Dematerialisation process mean?

What are the benefits of holding shares in a demat account? Is it mandatory for all investors to open a Demat account in order to trade on the stock market?

How many demat account can a trader open?

In Demat account is there any nomination facility?

For any update in my personal details do I need to contact all companies?

What do I need to do with transaction statement, If I don't do trade on a regular basis?

How can I get help if I have any issue with my NSDL Demat account?