How Demat Account Works? – Investallign - PowerPoint PPT Presentation

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How Demat Account Works? – Investallign

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Its process of Transfer share certification from Physical to Digital (Electronic form) format. Demat Account holds your entire physical certificate in to Digital format. It’s one type of your Bank account where you can save your certificate and other financial documents, Exchange traded funds in Electronics formats. – PowerPoint PPT presentation

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Title: How Demat Account Works? – Investallign


1
How Demat Account Works?
2
Demat Account Works
3
Importance of Demat Account
  • Before we start How Demat Account Works? Lets
    talk about what is Demat?
  • Demat is known as Dematerialisation. Its process
    of Transfer share certification from Physical to
    Digital (Electronic form) format.
  • With help of Demat you can digitally secure your
    physical Certification into Demat form.
  • Demat Account holds all your physical certificate
    in to Digital format. Its one type of your Bank
    account where you can save your certificate and
    other financial documents, Exchange traded funds
    in Electronics formats. When the shares and other
    securities are dematerialisation their account
    are kept and maintained in the Demat account of
    Depository Participants. DP is authorised by
    CDSL/NSDL to operate Demat Account.

4
How to Dematerialised physical Shares in to Demat?
  • Person has to open Demat Account for
    Dematerialised Physical Shares.  Following are
    steps to follow for that. Do you have Demat
    Account ? if No then please check before steps to
    open Demat account before process
    Dematerialisation.  You also will know how demat
    and trading account works after reading below
    steps.
  • Read more How to Open Demat Account?
  • Fill Account Opening Form Who want to open Demat
    account to fill the account opening form with all
    particular details which required.
  • Provide Required  Document list Pan Card,
    Identity Proof,  Address Proof, Bank Details etc
    are major document required for the same  Click
    Here for Details Documents

5
  • Sign DP account opening Agreement with
    Depository  Investor has to then sign it and
    submit it to DP and the DP charges certain fee
    and would give a copy of signed agreement to
    investor. Also submit to sign Terms and Condition
    rights and obligation page.
  • Depository Provide Client ID The Depository
    Participant would give the unique Client ID once
    the investors depository account is opened.
  • DP provide instruction Slip If investor want to
    transfer his shares to other dp or other investor
    dp account that instruction slip required (its
    one kind of Chq book for DP)
  • Dematerialisation Form Investor should fill
    Dematerialisation form and attached Physical
    Certificate. ( for future reference keep Xerox or
    Scan copy of your portfolio of physical
    certificate )

6
  • Submit Dematerialisation form to DP Office Once
    form fill completely deposit your physical
    certificate with Dematerialisation form to your
    DP office. They will provide you receipt copy.
  • DP will submit Dematerialisation form They
    submit Dematerialisation form to respective
    company registrar. They will check all details
    and records in place and match investor sign with
    their records.
  • Time Line Maximum 30 days time required for
    Transfer Physical Shares to Demat form if
    everything in place. If any query they will
    inform investor or DP by mail and send
    certificate back.
  • After Demat Once your Dematerialisation complete
    you can sell them online or transfer to other
    investor DP by Electronically.
  • You can Open Trading Account with SEBI Register
    Broker for sell your dp stock online.

7
CONTACT US
Address 28, General Bank Chamber
Opp Municipal Market
Above kotak Bank
C.G.Road ,Ahmedabad India
Gujarat 380009 Phone 07940325797

Website www.investallign.in
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