advertisement

Importance of DEMAT Account

56 %
44 %
advertisement
Information about Importance of DEMAT Account
Finance

Published on April 24, 2013

Author: KotakSecurities

Source: slideshare.net

Description

A DEMAT account presents a simplified form by which investments or securities can be handled even by small investors in an effective manner. View our presentation to understand the importance of having a DEMAT account.
advertisement

Importance of aStocks Demystifying DEMAT Account

Why DEMAT? •Physical records are slowly being replaced by their electronic forms in all walks of life. •The situation is no different when it comes to the field of investments wherein it becomes extremely difficult to handle and maintain documents in their respective physical states. •The DEMAT account presents a simplified form by which investments or securities can be handled even by small investors in an effective manner.

Why DEMAT of shares matters? •The process of using the DEMAT account reduces the time involved versus a physical transaction, as there is a direct transfer of the securities purchased, to your account in an automatic manner. •This does away with the burden or pressure of one actually undertaking several steps that need to be established in the process of ownership of the investments. •Once the DEMAT account contains a security there is also no worry of having to safeguard the physical documents and then present them to the concerned authorities at the time of sale.

What DEMAT gives you? •The importance of DEMAT accounts is that it transfers the balance of power to your hands by awarding the facility of choice to select the manner, mode and amount of investment. •Other factors become irrelevant because one can choose whether one wants to buy one share or 1,000 shares.

What DEMAT gives you: • Similarly, you can choose to buy your entire requirement in one go or in 10 instalments. This will ensure that your investment decisions are focused on achieving your objectives or goals and are not influenced by factors that are administrative or process bound. • The larger the coverage of instruments under the DEMAT account umbrella, the greater the convenience that you will experience.

Thank You Read More Twitter Website Facebook

Disclaimer: Kotak Securities Limited, Registered Address: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400 051. Correspondence Address: 6th Floor, Kotak Infinity, Building No. 21, Infinity Park, Off Western Express Highway, General AK Vaidya Marg, Malad (East), Mumbai 400097. Tel no: 66056825. SEBI Registration Numbers: NSE INB/INF/INE 230808130, BSE INB 010808153 / INF 011133230, OTC INB 200808136, MCX-SX INE 260808130/ INB 260808135/INF 260808135 , NSDL IN-DPNSDL-23-97, CDSL IN-DP-CDSL-158-2001, AMFI ARN 0164. Compliance Officer - Mr. Sandeep Chordia. Tel. No: 022 6605 6825. Email id: ks.compliance@kotak.com. In case you require any clarification or have any concern, kindly write to us at below email ids: • For Trading Account related queries: service.securities@kotak.com • For Demat Account related queries: ks.demat@kotak.com. • • Alternatively, you may feel free to contact our customer service desk at our toll free numbers 18002099191 or 1800222299. You may also call at 30305757 by using your city STD code as a prefix. In case you wish to escalate your concern / query, please write to us at ks.escalation@kotak.com and if you feel you are still unheard, write to our customer service HOD at ks.servicehead@kotak.com.

Add a comment

Related presentations

Les changements sur le marché du distressed aux Etats-Unis et en Europe

Main Sections of the Report 1) Nifty Technical View 2) 4 Large Cap Trade Ide...

This presentation consits the yearly results of Kinepolis Group

Related pages

Importance of Demat account for Share market - Money Dial

Importance of Demat account for Share market.The working of Demat account.Documents required for Demat account are Identity proof,Address Proof.
Read more

demat and its importance - Research Paper - 4450 Words

DEMAT In India, shares and securities are held electronically in a Dematerialized (or "Demat") account, instead of the investor taking physical possession
Read more

demat account opening procedure & importance? | Yahoo Answers

The importance of demat account is to have the holding in elec tronic form. It releases the person from the risk of having shares in physical ...
Read more

Demat Account – Benefits and Process of Dematerialisation

Process of converting physical shares into Electronic Form is called Dematerialisation. The benefits of opening a Demat Account are
Read more

What is the importance or significance of opening a demat ...

What is the importance or significance of opening a demat and a trading account online with the online brokers?
Read more

Demat account - Wikipedia, the free encyclopedia

Demat benefits. Demat account for shares and securities with Business purpose. The benefits of demat are enumerated [by whom?] as follows:
Read more

Demat accounts - How they work and why should have one

Learn more about how demat accounts work. Understand why it's important to have one and the advantages of having a trading and demat account together.
Read more

What is a Demat Account & How to Open a Demat Account ...

Learn more about dematerialization, its benefits along with the steps to open a demat account & the documents required for the same with Kotak Securities®.
Read more

Need for a demat account - Cochin Stock Exchange

Need for a DEMAT Account Presently, it is compulsory to settle all trades done on any Stock exchange in DEMAT form only. Although, investors have ...
Read more