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HOW TO OPEN A DEMAT ACCOUNT ?

October 14, 2010 by sknlakshmi

Opening an individual Demat account is a two-step process: You approach a DP and fill up the Demat account-opening booklet. The Web sites of the NSDL and the CDSL list the approved DPs. You will then receive an account number and a DP ID number for the account. Quote both the numbers in all future correspondence with your DPs.

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Demat Account Opening Procedure

October 31, 2010 by shekarm, 2 years 28 weeks ago
Comment: 15

Any Individual who would like to do stock market related investment, Demat account is compulsory. Demat account can be opened with any Stock Exchange Member or Banks who are Registered participant of National Stock Depositry Limited or Central Depositry Services Ltd. You need to produce Address Proof,Identity Proof, Income Proof and Pan Card Copy Plus one Passport Photograph for opening Demat account. Demat account is holding your securities in Electronic Form.

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