A depository can be use to holds securities such as shares, debentures, bonds, government securities, units etc. of investors in electronic form. There are two depositories in India. The National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). An individual who desires to avail the depository services can approach a Depository Participant (DP). Nariman Point FinanceLtd. is a depository participant of CDSL since from the year 2010. Investors can open demat accounts with CDSL through Nariman Point FinanceLtd. Upon activation of the demat account, trading in the demat mode is the safer and faster alternative to the physical existence of securities. Our Depository Services offers dematerialisation services to individual and corporate Investor.

 
Depository facilities offered by Nariman Point Finance Ltd.
 
Transfer of shares :
Account holder can transfer securities from one demat account to another by giving delivery instruction to us.
 
Dematerialisation of shares :
Customer can convert their physical certificate to electronic form by surrendering the physical certificate along with DRF (Demat request forms).
 
Re-materialization :
Re-materialization enables one to convert the dematerialised shares into physical form.
 
Right issue :
All corporate benefit including right issue will automatically credited to your Demat account
 
IPOs :
In case demat account holder have applied for an IPO and receive an allotment then the securities are transferred directly to your demat account, So also for bonus and rights issues.
 
Statement of Transaction :

If there is any transaction during the month then statement of transaction will be send to you on monthly basis. Otherwise statement of holding will be send on quarterly basis.

 
EASI :
If the client register for EASI (Electronic Access to Securities Information) services, then the registered client can find out online information of your demat account in CDSL Web site.
 
Smart :

If the client registered for SMART (SMS alerts related to Transactions) facility, the account holder can notice any transaction done from your Demat account & notice to any unauthorized debits and can also get information about any corporate actions, ipo’s & bonus happen in your account.

Any one who wants to get registered , he/she can get all the Depository forms from NPFL or email to us on npfl123@gmail.com or
Contact us : 022 2282 0349 / 0359 / 0365 / 0374 / 0316 / 0317 / 0267 / 0268.

 
How to Manage your Demat account with depository.
 
Simple Dos & Don’ts :

Verify your transaction statement carefully for all debits and credits in your account. In case of any unauthorized debit or credit, inform your DP or CDSL.

 

Intimate any change of address or change in bank account details to your DP  immediately.

 

While accepting the Delivery Instruction Slip (DIS) book from your DP, ensure that your BO ID is pre-stamped on all the pages along with the serial numbers.

 

Keep your DIS book safely and do not sign or issue blank or incomplete DIS slips.

 

Strike out the empty space, if any, in the DIS, before submitting to DP.

 

For market transactions, submit the DIS ahead of the deadline time. DIS can be issued with a future execution date.

 

The demat account has a nomination facility and it is advisable to appoint a nominee to facilitate your heirs in obtaining the securities in your demat account, on completion of the necessary procedures.

 

To open and operate your demat account, copy of PAN card of all account holders is to be submitted to the DP along with original PAN card, for verification.

 

Register for CDSL's SMART (SMS Alerts Related to Transactions) facility. If any unauthorized debit is noticed, the BO should immediately inform CDSL and the Main DP, in writing.

 

Register for CDSL's Internet based facility "easi' to monitor your demat account yourself. Contact your DP or visit CDSL's website: http://www.cdslindia.com/ for details.

 

In order to receive all the credits coming to your demat account automatically, you can give a one-time, standing instruction to your DP.

 

Before granting Power of Attorney to anyone, to operate your demat account, carefully examine the scope and implications of powers being granted.

 
TICKER
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
 
KYC
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
 
Tarriff Structure :
Statutory / Franking Charges at the time of Account Opeining : Rs. 100/- for Traders, Investors, NRIS, Debt
Advance / Deposit : Rs. 1000/- for Investor & Trader Scheme & Rs. 2500/- for NRI
Account Maitenance : Individual Rs. 750/-, Corporate Rs. 1250/- NRI Rs. 2500/-
Demat : Rs. 15 per certificate + Courier Charges Rs. 50/- Actual.

Remat

: Rs. 25/-
Transaction (Debit) : Rs. 16/-
Pledge Creation : Rs. 50/-
Pledge Creation Confirmation : Rs.50/-
Pledge Closure : Rs. 50/-
Please Closure Confirmation : Nil
Pledge Invocation : Nil
Failed Instruction Charges : Rs. 20/- per instruction
Designated Director under PMLA : Mr. Tushar Karade
Email id of Designated Director : npfl123@gmail.com
 
225, Jolly Maker Chambers II Vinay K Shah Marg, Nariman Point, Mumbai 400 021 Tel:22820349/359/267/268
 
 
 
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