Open a Free* Demat Account with Sushil Finance

Hold Your Investments in Electronic Form
(Shares, Mutual Funds, Bonds, Debentures, Government Securities, Sovereign Gold Bonds etc.)

A Depository facilitates holding of securities in 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 dematerialization 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.

  • Joint Holders & Nomination :

    Individuals holding beneficial accounts on their own either can hold securities jointly (Maximum three holders). Nomination facility is available for Single / Joint / HUF Accounts. 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.

  • Transfer of Shares:

    Corporate benefits (Financial & Non-Financial) are automatically distributed as per the details mentioned in the demat account (Address & bank details)

  • Corporate Benefit :

    Corporate benefits (Financial & Non-Financial) are automatically distributed as per the details mentioned in the demat account (Address & bank details)

  • Open Account Online
  • 24/7 Online Access to your holdings & transactions anytime / anywhere.
  • 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 types of investors
  • Help Desk: 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.

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 dematerialization 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 exchanges (BSE/NSE)
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To Know More
Give a Missed call on – 08045936028

+91-22-40934038 / 71 / 73
Mon to Fri - 10.00 a.m. to 6.00 p.m. (except public holidays)