Demat Account related FAQs

What does Dematerialisation process mean?

Dematerialization is when a physical certificate of an investor is converted into an equal number of securities in electronic form. The credit will be credited to the investor's account at his depository Participant. To dematerialize certificates you must first open an account at a DP. Next, fill out a Dematerialization Request Form(DRF) available from DP. Then submit the form along with your physical certificates to request dematerialization. Before the certificates are handed to the DP, ensure that they have been marked: Surrendered For Dematerialization' on the front of the certificates.


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 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?


Can I get a loan at my Demat holdings?