Depository services

Do’s
  • Accept the DIS book from DP only if each slip has been pre-printed the a serial number along with your demat account number and keep it in safe custody.
  • Always mention the details like ISIN, number of securities accurately. In case of any queries, please contact DP or broker.
  • Ensure that all demat account holder(s) sign on the DIS.
  • Please strike out the any blank space on the slip.
  • Cancellations or corrections on the DIS should be initialed or signed all the account holder(s).
  • Submit the DIS ahead of the delivery date for all type of market transactions.
  • Intimate any change of address or change in bank account details to DP immediately.
  • Before sending securities for Demat, record the distinctive numbers of the securities sent.
  • Before granting Power of Attorney to anyone, to operate your demat account, carefully examine the scope & implications of powers being granted.
  • The demat account has a nomination facility and it is advisable to appoint a nominee, in case of sole account holders.
  • Ensure that, both, your holding and transaction statements are received periodically as instructed to DP. You are entitled to receive a transaction statement every month if you have any transactions and once a quarter if there have been no transactions in your account.
  • Check your demat account statement on receipt. In case you notice any unauthorized debits or credits, contact DP for clarification.
Don'ts
  • Do not leave your instruction slip book with anyone else.
  • Do not sign blank DIS as it is equivalent to a bearer cheque.
  • Avoid over-writing, cancellations, misspellings, changing of the name and quantity of securities.
  • We request you to meticulously follow the above instructions, to avoid any problems in operation of your demat account.
Procedure for opening a Demat Account?
  • To open a Demat account you must approach your Depository Participant (DP).
  • Submit your KYC (Know your Client) documents(Provide a copy of your PAN card along with a copy of your passport / driving license / voter-ID card as your proof of address)
  • Along with filling the Account Opening form and filling all the details.
  • Execute the DP-Investor agreement to be made available by DP
  • Either you can personally visit the center or the representative will visit your place for Inperson Verification Facility.
  • Collect your unique account number (BO-ID) from your DP
  • Collect pre-printed slips both for effecting dematerialization as well as delivery of securities
  • Understand the cut-off timings from DP for depositing delivery instructions for trades done by you on the stock exchanges (BSE/NSE)