Published on April 24, 2013
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.
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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: email@example.com. In case you require any clarification or have any concern, kindly write to us at below email ids: • For Trading Account related queries: firstname.lastname@example.org • For Demat Account related queries: email@example.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 firstname.lastname@example.org and if you feel you are still unheard, write to our customer service HOD at email@example.com.
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