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Auto Pay-in Facility
SMS Facility
Tele Balancing
Demat of Securities
Transfer of securities
Pledge securities
Freezing/De-freezing Securities
Transmission of Securities
Remat
Change in address
Change in Bank Details
Submission of PAN
Change in Signature
Offmarket transfer form
Open Demat Account
Documents Required
FAQs
 
 
 
In India, a demat account, is similar to banking account which transfers paper based physical shares into electronic form (dematerialized). This dematerialized account is used to avoid holding physical shares. It is safe, secure and convenient way to hold securities. Demat account is just like your savings or current Bank A/c. At SIHL, we provide demat accounts through two central facilities. NSDL (National Securities Depository Ltd) and CSDL (Central Depository Services (India) Limited). We are members of both the depositories.
Financial Institutions, banks, custodians and stockbrokers complying with the requirements prescribed by Securities & Exchange Board of India (SEBI) can be registered as a Depository Participant (DP).
BENEFITS
  • A safe and convenient way to hold securities in electronic form.
  • Demat Holding Facility through Online and Phone.
  • Immediate transfer of securities
  • No stamp duty on transfer of securities
  • Elimination of risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc
  • Reduction in paperwork involved in transfer of securities
  • Reduction in transaction cost
  • No odd lot problem, even one share can be sold
  • Nomination facility
  • Change in address recorded with DP gets registered with all companies in which investor holds securities electronically eliminating the need to correspondence with each of them separately
  • Transmission of securities is done by DP eliminating correspondence with companies
  • Automatic credit into demat account of shares, arising out of bonus /split / consolidation / merger etc.
  • Holding investments in equity and debt instruments in a single account
  • Remat Facility will allow you to convert your electronic shares in to Physical Shares
Free Demat
NSE-CM: INB230759031, NSE-FO: INF230759031, NSE-CD: INE230759031, Member Code: 07590        BSE-CM: INB010759034, BSE-FO: INF010759034, Member code 0943
MCX-SX : CD : INE260759031, MCX SX : CM : INB260759031, MCX SX : FO : INF260759031, Member Code: 10