1. What are the facilities offered by a DEPOSITORY?
A Depository offers the following facilities:
- Dematerialisation i.e., converting physical certificates to electronic form
- Rematerialisation i.e., conversion of securities in demat form into physical certificates
- Electronic settlement of trades in stock exchanges connected to the Depository
- Pledging/hypothecation of dematerialised securities against bank loan
- Electronic credit of securities allotted in public issues, rights issue
- Receipt of non-cash corporate benefits such as bonus in electronic form
- Freezing of demat accounts, so that the debits from the account are not permitted
- Nomination facility for demat accounts
- Services related to change of address
- Effecting transmission of securities
- Instructions to your DP over Internet through SPEED-e facility. (Please check with your DP for availing the facility)
- Account monitoring facility over Internet for clearing members through SPEED facility
- Other facilities viz. holding debt instruments in the same account , availing stock lending/borrowing facility, etc.
