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Transfer of shares and settlements
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Transfer and settlements have never been easy as it is under
the Depository system. All that is required is an instruction slip from you. If you are selling securities
then it has to be a delivery instruction slip. If you are purchasing securities it has to be a receipt
instruction slip or standing instructions for credit.
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Receipt of Corporate Benefits
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Even securities entitlements like bonus and rights can be credited to your Demat
account electronically. All you have to do is choose the right option in the share application form.
Cash benefits like dividends and interest will, however be forwarded to you directly and not through the depository.
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Holdings & Transaction Statements
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We provide statement of holding cum transaction statement every month at Zero cost.
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Dematerialisation of shares
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At your request, we can convert your physical holdings into electronic form. For this procedure, you need to open an account with CDSL through us called "Beneficiary Account" in the name and style in which the shares are held. You have to lodge the share certificates with us accompanied by a dematerialisation request form, separate for each scrip. However, you should ensure that CDSL has admitted the scrip which you want to dematerialise. An up to date list is available at our branches for your convenience.
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Rematerilialisation
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You have the option to convert your electronic shares back to physical shares.
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Pledge-Hypothecation
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You can also avail loans against your electronic shares.
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