Demat Account
Who can open a Demat Account?
Any Indian resident, Non-Resident Indian (NRI), or Overseas Citizen of India (OCI) above 18 years of age can open a demat account.
What are the charges associated with a Demat Account?
Charges associated with a Demat Account include account opening fees, annual maintenance charges (AMC), transaction charges, and other fees levied by the Depository Participant (DP) or broker.
Can I convert my physical shares into electronic form?
Yes, you can convert your physical shares into electronic form through Dematerialisation.
How to access Demat Account?
One can access their Demat Account through the DP’s website or trading platform using your login credentials.
What happens to my demat account if I change my address?
If you change your address, you have to update the new address with the Depository Participant (DP) by submitting a change request form along with required documents for address proof.