Demat Account related FAQs

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

Yes. You can open multiple demat accounts under the same name. You can open as many demat accounts as you like with the same/other DPS's.


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


How securities can be transferred from one account to another?


Can I apply in an IPO if I don't have a Demat account?


On Demat account how much interest is given?


What maintenance charges are there for a demat account? Is there any processing fees or hidden charges on transactions I make on a demat account?


If I don't hold any share in my demat account, do I need to pay any annual maintenance charge


Can a person keep more than one demat account with same name?


Can a minor open a demat account?


Diffrenciate between Demat account number and Trading account number?


What are NSDL & CDSL?


Is a minor eligible to open a trading account?


Define Depository.


Define Depository Participants.


What does Dematerialisation process mean?


What are the benefits of holding shares in a demat account? Is it mandatory for all investors to open a Demat account in order to trade on the stock market?


How many demat account can a trader open?


In Demat account is there any nomination facility?


For any update in my personal details do I need to contact all companies?


What do I need to do with transaction statement, If I don't do trade on a regular basis?


How can I get help if I have any issue with my NSDL Demat account?