Dematerialisation is the process by which physical certificates are converted to an equivalent number of securities in electronic form and credited in to the investor's account with his / her depository participant. Similar to keeping money in a bank account, securities can be kept with a depository participant in a demat account.

No. According to the Depositories Act, 1996, an investor has the option to hold shares either in physical or in dematerialised form. However, Securities & Exchange Board of India (SEBI) has notified that delivery in Avaya GlobalConnect shares on Stock Exchanges shall be compulsorily in demat form effective from 28th August, 2000. Further, from the point of view of tradability, dematerialisation of shares is advisable.

Conversion of physical share certificates into electronic shares is known as Dematerialisation of shares. To have your shares dematerialised, shares should have been transferred in your name/joint names before you send these for dematerialising.

Dematerialisation is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic form and credited in the investor's account with his DP. In order to dematerialise certificates; an investor will have to first open an account with a DP and then request for the dematerialisation of certificates by filling up a dematerialisation request form [DRF], which is available with DP and submitting the same along with the physical certificates.

In the advanced countries, depository systems and services have played a significant role in not only facilitating smooth trading and settlement but also attracting foreign investment in the capital market. The depository system evolved by the National Securities Depositories Limited (NSDL) enables investors to overcome all problems related to handling physical certificates. NSDL is an organization formed to provide electronic depository facilities for securities traded.

If the process of dematerialisation takes more than 30 days, please contact your DP. If he is unable to help you, than you may send your grievance to:

Yes, Infact ADCB has a product called which offers financial assistance against pledge of your demat shares.

NRI can open a demat account with any Depository Participant . The NRI needs to mention the type ('NRI' as compared to 'Resident') and the sub-type ('Repatriable' or 'Non-Repatriable') in the account opening form collected from the Depository Participant. No permission is required from RBI to open a demat account. Holding securities in demat only constitutes change in form and does not need any special permission. No special permission is required.

You may enter into an agreement with the approved intermediary, to be a lender under this scheme. After that, you may lend securities any time by submitting lending instruction to your DP.

Transmission is the process by which securities of a deceased account holder are transferred to the account of his legal heirs / nominee.

You should instruct your Depository Participant (DP) to give 'Delivery Out' instructions to transfer the shares from your beneficiary account to the Pool Account of your trading member through whom you have sold the shares. The details of the Pool A/C(CM-BP-ID) of your trading member to which the shares are to be transferred, scrip quantity etc. should be mentioned in the Delivery Out instructions given by you to your DP.

Reserve Bank of India maintains a Subsidiary General Ledger (SGL) Account for holding and trading gilts and treasury bills in dematerialised form. Banks and Primary dealers are allowed to open SGL accounts with RBI. These primary dealers in turn are permitted to offer the facility of Constituent SGL account to other non bank clients to hold these securities in a demat form.

To start with, your broker will offer you lower brokerage, as he is certain that there will be no bad delivery of certificates. This also means, your certificates will not come back with objections, minimising the cost & time involved in the transaction.

Yes, you can open 4 free Demat Accounts with your SuperSavings Account. We will waive the account opening charges for all 4 Demat Accounts. Plus, our charges on the Demat services are amongst the lowest in the industry. No. Apart from International Debit cum ATM Card, all other services come to you free of charge. These services have been introduced to make banking a convenient and a hassle-free option for you.

per SEBI guideline trading in the securities on the exchange is permitted in demat mode only.Securirties allotted in an IPO can only be in the demat mode and will be credited to the demat accounts of the allottee.So it is necessary for investord to have a demat account to apply in an IPO.

You should give Standing Instructions for 'Delivery-In' to your DP for accepting shares in your beneficiary account. You should give the details of your beneficiary account and the DP-ID of your DP to your trading member. The trading member will transfer the shares directly to your beneficiary account on receipt of the same from the Clearing Corporation.