A dematerialized or demat account is a facility that allows investors to hold shares in an electronic format.

This is similar to a bank account, where you keep your money. In this case, a demat account holds the certificates of your financial instruments like shares, bonds, government securities, mutual funds and exchange traded funds (ETFs).

You need a demat account before you start to trade on India’s stock exchanges.

What does Shriram Insight offer?

At Shriram Insight, you can open both demat as well as trading accounts either independently or at the same time. This is called a two-in-one account.

How to open a Demat Account with Shriram Insight

Shriram Insight is a depository participant – the intermediary between CDSL , and you. It is very easy to open a demat account with Shriram Insight. Here are the key things that you require:

  • Filled application form for opening demat

  • Passport size Photographs

  • Bank account proof(Cancelled Cheque, Bank Statement or Passbook)

  • Proof of address(Passport,Driving Lisence, Voter Id etc.)

What are the benefits?

Download Forms

Demat Circular

Demat Tariff

Shriram Insight Awards

Attention Investors

  1. Prevent Unauthorized Transactions in your account. Update your Mobile Numbers/Email IDs with your stock brokers. Receive information of your transactions directly from the Exchange on your Mobile/Email at the end of the day.
  2. Prevent Unauthorized Transactions in your demat account. Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day. (Issued in the interest of Investors)
  3. KYC is one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary.
  4. Investors need not issue cheques while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries regarding refund since the money remains in investor's account.
  5. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  6. Update your Mobile Number and Email id with your stock broker/depository participant and receive OTP directly from the depository on your Email id and/or Mobile Number to create pledge.
  7. Pay 20% upfront margin of the transaction value to trade in cash market segment.
  8. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, and NSE/INSP/45534 dated August 31, 2020, and other guidelines issued from time to time in this regard.
  9. Check your Securities/MF/Bonds in the consolidated account statement issued by NSDL/CDSL every month.