Demat Account related FAQs

Is it necessary to have an demat account to apply in an IPO?

It you need to have a demat account in respect to apply for an IPO. Allotments of shares in IPO are transferred to investors' demat accounts. Your IPO bidding application won't be considered for share allocation if you don’t provide accurate demat account information.

Before submitting your bid/application form, double-check that you have provided the correct DPID and Client ID details


What are the charges for a Demat account?


In my Demat account what are the value added facilities?


To prevent the misuse of securities in the Demat account, what precautions one must take?


With Identical names, can I open multiple accounts with one DP?


Can we open a depository account with four holder's name?


In a demat account opening form, what is the given standing instruction ?


Can someone be allowed to operate my demat account on my behalf with the powe of attorney?


Define clearing account. How is it different from beneficiary amount?


How much Demat accounts can I add to my trading account?


How many Demat account is needed?


In Demat account is there any Nominee facility?


For how long I can hold shares of a company? Is there any change for holding shares for long time?


How can someone safeguard their Demat account with power of attorney to broker?


Are there different categories of Power of Attorney?


Is there any validity of Power of Attorney for Demat account?


Are there any additional charges related to the Demat Power of Attorney?


Is there any time bound Power of Attorney allowed by the broker?


Is it necessary to print Power of Attorney to the stamp paper?


Can Power of Attorney be signed online?


Can Power of Attorney be misused by a broker?