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BSDA stand for Basic Services Demat Account, To view the BSDA Tarrif plan ( click here) 1.Investors will receive transaction statement on quarterly base 2.One yearly physical statement will be available showing holding securities, zero balance or no transactions 3.Investor can avail SMS alert facility for debit transactions by registering their mobile phone number
Inorder to link an additional demat you will have to fill in the details in the Client Master Form and submit the same with the Crystal client master list of the Target Demat account. Incase if the additional demat account to be linked is of sharekhan please provide the POA.
'Dematerialization' is a process by which physical share certificates are converted into electronic (demat) form. Procedure: For converting the shares from Demat to Physical form, you need to submit a 'Remat Request Form' duly filled and signed by the account holders to our nearest Mirae Asset Sharekhan Branch. The form shall be processed at our end and then it will be forwarded to the Registrar agent of the respective company for rematerialization process. You will receive the share certificates directly from company's end at your registered mailing address. The normal time period for rematerialization of shares to take place as per Depository guidelines is about 30-35 days. The charges levied for Rematerialisation of shares is Rs.50/-per certificate for every hundred securities. The Remat Request form will be available at any of our nearest Branch/Franchisee.
DP Haircut is the arbitrary reduction in the value of a security to calculate the risk cover. Haircut is applied on any collateral kept with the broker. The haircut percentage decides as to how much value is blocked by Sharekhan when a DP to Margin is done. The balance amount is then released to the client as a limit against shares.
Your Demat Account number is not the same as your DP ID. Length of DMAT account number for NSDL and CDSL is 16 digits, of which first 8 are DP Id and last 8 digits are Client ID (investor account). ... The entire 16 digit DMAT account number of CDSL is numeric DP Id generally starts with 1 Click here to view your demat details
Incase you sell the shares, then the sale proceeds will be credited to your trading account on T 1 day. Wherein T stands for trading day. For arriving at the settlement day all intervening holidays, which include bank holidays, NSE holidays, Saturdays and Sundays are excluded.
In a rolling settlement, each trading day is considered as a trading period and trades executed during the day are settled based on the net obligations for the day. At NSE/ BSE, trades in rolling settlement are settled on a T 1 basis i.e. on the 1st working day. For arriving at the settlement day all intervening holidays, which include bank holidays, NSE holidays, Saturdays and Sundays are excluded.
Off Market Transfer of Shares ( NSDL to NSDL) In order to transfer shares from your Mirae Asset Sharekhan Demat Account to another NSDL demat account, it is mandatory to submit a DIS (delivery instruction slip) duly filled and signed by the account holders. You need to fill up the Off Market trade portion of your Delivery Instruction Slip. The Details on the Instruction will be filled as follows:
1. DP NAME : Target DP Name (Where you want your shares to be transferred)
2. DP ID : Target DP Id
3. CLIENT ID : Demat a/c Number of the client in whose account you are transferring the shares
4. Security details: Scrip name, ISIN and quantity You are requested to submit the Instruction slip to any of our nearest Branch and the shares will get transferred on the 'Execution Date' mentioned on the Slip. The charges for off-market transfer of shares will be levied as per the billing scheme applicable in your account. This amount will be charged in your monthly DP Bill. In Case you wish to transfer more than three securities in one slip Annexure should be updated in proper format (Only 30 entries per Instruction leaf in maximum 3 Annexure is allowed each containing 10 records) Transfer of shares from another DP to Mirae Asset Sharekhans NSDL demat account. Transfer of shares from another Demat account to your NSDL Demat account can be affected through off-market transactions. You need to get in touch with your respective DP from where you are initiating the transfer. Below details have to be furnished in the slip: DP NAME Sharekhan Ltd. (since you are transferring the Shares to your Sharekhan DP account) DP ID IN300513 (Sharekhan DP Id) CLIENT ID DP Client ID (8 digit client id). Click here to check your DP client id Security Details Scrip name, ISIN and quantity Transfer of shares from another DP to Sharekhan CDSL demat account. Transfer of securities from another Demat account to your Sharekhan CDSL Demat account can be affected through off-market transactions. You need to get in touch with your respective DP from where you are initiating the transfer. Below details have to be furnished in the slip: DP NAME Sharekhan Ltd. (since you are transferring the Shares to your Sharekhan DP account) DP ID 12036000 (Sharekhan DP Id) CLIENT ID DP Client ID (16 digit client id). Click herejavascript:mctmp(0); to check your DP client id Security Details Scrip name, ISIN and quantity