ADemataccountenablesyoutoelectronicallyholdyoursecuritiessuchasstocksandbonds.Therearetwo depositoriesinIndiathatprovidesuchservices;CentralDepositoryServicesLimited(CDSL)andNational SecuritiesDepositoryLimited(NSDL).ItissimilartoabankaccountbutaDemataccountisusedtostore securitiesinelectronicform
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Securityofshares-Iftheproofisalljustpaper,the chancesofitbeingmisplacedincreases.Asaresult, storingoursharesinademataccountisthoughttobe abetterandsaferoption.
accountisthoughttobeabetterandsaferoption.
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Cheaper-Anythingthatmakeslifeeasierandless stressfulisnotalwaysexpensive.Whenpeoplelearn aboutthebenefitsofaservice,thenextthingthey worryaboutisthecostofobtainingit.Physical securitiescostfarmorethanwasoriginallyestimated, bothfinanciallyandmentally.Dematservice alleviatesallpaininexchangeforanominalfee.
Timelytransactions–Demataccounts,asopposed toactualcertificates,enableforthespeedyand ReadMore
securetransferofshares.AstheTradesareexecuted, thesharesimmediatelygetcreditedtoyouraccount.
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YoumustfirstopenaDemataccountinordertoinvestinthestockmarket.There areonlytwodepositoriesthatprovidedemantservicesinIndia:NSDL,CDSL.
AfterselectingaDP,filltheaccountopeningform.
Submitalltherequireddocuments.
Afteryou’vesignedalloftheformsandagreedonthetermsandconditionswiththeDP. Aftertheverificationisdone,youwillreceiveaAccountnumber/ID. ReadMore www.moneysukh.com
Tobegininvestinginthestockmarket,you mustfirstopenatradingandaDemat Account.Afteryou’vethoroughlyresearched allofthebrokers,weighingtheiradvantages anddisadvantages,thequalityofservicesthey provide,thebrokeragefeestheycharge,and theinteresttheyoffer/demandonyour margin.Youmustthenfinalizetheselectionof abroker. ReadMore
Assumeyouhavesomeextramoneytoinvestbuthaven’tbeenableto findanyacceptableinvestmentpossibilitieswithtraditionalbanking productsthatgeneratebetterreturns.Oneofyourbuddiesinformedyou abouttheperformanceofstockmarketindices.Thatpiquedyour interest,soyoudugalittledeeper.Youdiscoveredthatinordertotrade
inthestockmarket,youmusthaveatradingaccountaswellas aDematAccount
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MansukhSecuritiesandFinanceLimited:SEBIRegistrationNumber-INZ000164537(MembersNSE,BSE,MCX,),IN-DP-72-2015(DP-NSDL,CDSL)MansukhStockBrokersLimited:SEBIRegistrationNumberINZ000164937(Members-BSE),IN-DP-36-2015MansukhCommodityFuturesPrivateLimited:SEBIRegistration Number-INZ000063032(Members-NCDEX)MansukhIFSCBrokingPrivateLimited:SEBIRegistrationNumberINZ000099432(Members-NSEIFSC,INDIAINX)ProceduretofileacomplaintonSEBISCORES:RegisteronSCORES portal.MandatorydetailsforfilingcomplaintsonSCORES:Name,PAN,Address,MobileNumber,E-mailID.
Benefits:EffectiveCommunication,SpeedyredressalofthegrievancesInvestmentsinsecuritiesmarketare subjecttomarketrisks;readalltherelateddocumentscarefullybeforeinvesting.
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