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Products & Services : Depository Services

Depository Services
A Depository facilitates holding of securities in the electronic form & enables securities transactions to be processed by book entry by a Depository Participant (DP), who as an agent of the depository, offers depository services to investors. According to SEBI guidelines, financial institutions, banks, custodians, stockbrokers, etc. are eligible to act as DPs.

The investor who is known as beneficial owner (BO) has to open a Demat account through any DP for dematerialisation of his holdings & transferring securities. Demat Account can be opened by all types of investors.

Some basic information about Demat Account

  • Number of Accounts :
    More than one demat account can be opened in the similar / identical name & order with the same DP or different DPs & no minimum security balance is required. Investor can maintain Zero balance in their account

  • Joint Holders & Nomination :
    Individuals holding beneficial accounts on their own either can hold securities jointly (Maximum three holders) or a Demat account having the facility of nomination also for individual only. In the event of the death of one of the joint holders, the securities will be transferred in the names of the surviving holders. If the sole or all the joint holders are deceased, the shares will be transferred in the name of the nominee.

  • Statement of Account :
    A periodical statement of holdings & transactions is provided by DP. This can also be asked for from the DP.

  • Change of Address :
    For change of address, if any, communication to your DP in writing is sufficient. The DP will ensure that the change is incorporated for all securities held in your demat account. You need not write to all the companies separately.

  • Loan Against Demat Shares :
    Investor can avail loan against Demat Securities from financial institution

  • Transfer of Shares :
    Investor can transfer shares from their demat account through off-market transfer or market transfer instantly by giving signed delivery instruction slips to DP & no stamp duty is applicable as in physical shares.

  • Corporate Benefit :
    Corporate benefit (Financial & Non Financial) automatically distributed as per the details mentioned in the demat account (Address & bank details)

The Sushil Advantage

  • 24/7 Online Access Making things simpler for you is always our top priority. With Sushil Finance Demat account you have easy access to your holdings & transactions anytime, anywhere through our online back office access.
  • Excellent Customer Service You get the benefit of a dedicated team & a senior Relationship Manager that works exclusively in the Demat department to take care of your needs. We offer you guaranteed & timely account opening & execution of your transactions.
  • Comprehensive Statements You get a unique transaction-cum-holding-cum-billing statement every quarter to enable you to keep track of your transactions & investments.
  • Corporate Benefit Tracking Track your dividend, interest & bonus through your account statement.
  • Competitive tariff Plan Best Tariff plan which suits all type of investors.
  • Ease of Operation Investor has the option of operating his account from any of our branches.

Process for opening a Demat Account :

  • Provide a copy of your PAN card along with a copy of your passport/ driving license / voter-ID card/ ration card as your proof of address.
  • Execute the DP-Investor agreement to be made available by DP.
  • Collect your unique account number (BO-ID) from your DP.
  • Collect pre-printed slips both for effecting dematerialisation as well as delivery of securities
  • Understand the cut-off timings from DP for depositing delivery instructions for trades done by you on the stock exchange
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To Know More
Call: +91-22-40934071 / 72 / 73
Mon to Fri - 10.00 a.m. to 6.00 p.m.
(except public holidays)

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ATTENTION INVESTORS:
Link your Aadhar number with us here • IPO Cheque: "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." || • Prevent Unauthorized Transactions in your Demat Account - Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile number for all debit and other important transactions in your demat account directly from CDSL on the same day. “ISSUED IN THE INTEREST OF INVESTORS” "Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day . Issued in the interest of Investors"
Registered Office : Sushil Financial Services Private Limited., 12, Homji Street Fort Mumbai-400 001 • Tel. No.+91-22-40936000 • Fax No.+91-22-22665758 • Email: info@sushilfinance.com
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.Receive alerts on your Registered Mobile number for all debit and other important transactions in your demat account directly from CDSL on the same day. Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.

SFSPL INB010982338 (BSE CM) | SFSPL INB230607435 (NSE CM) SFSPL INF010982338 (BSE F & O ) | SFSPL INF230607435 (NSE F & O ) SFPSL INE230607435 (NSE CDX) | SFPSL INE260607435 (MSEI CDX) SFPSL INB260607438 (MSEI CM) | SFPSL INF260607438 (MSEI F & O) SCPL NBFC : N-13.01901 (RBI) | SFSPL DP:INDPCDSL1942002 (CDSL)SFSPL SEBI Research Analyst (RA) No: INH000000867 SGCPL MCX : INZ000025633 SGCPL NCDEX : INZ000025633
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