A depository (in simple terms) is an institution holding a pool of pre-verified shares held in electronic mode that offers efficient settlement of transactions. A Depository Participant (DP) is an intermediary between the investor and the depository.
This account helps the investor's own specified financial instruments such as Equities, Mutual Fund etc in electronic form. We offer demat accounts with both NSDL and CDSL based on customer preference for the following category of retail Investors.
NRIs who wish to invest in shares, bonds, debentures of Indian companies can opt for the Demat facility with us. We convert your physical holding of securities (backed by physical share certificates) to electronic balances held in a Demat account. You can have securities balances either by converting your existing physical certificates, or by buying them in dematerialized form.