Depository Account
What is the AMC in mastertrust for a Demat account?
Annual Maintenance Charges for Demat Account is free for the First Year from the Account Opening. However, from Second Year onward AMC shall be applicable for Demat Account, i.e. Rs. 300 + GST@18%. Please note that the Accounts which are opened under ...
What are the charges for Dematerialization of the Shares?
For Regular Account: Rs.20/- per DRF + Rs.3/- per certificate For Basic Service Demat Accounts: Rs.50/- per DRF + Rs.10/- per certificate
What is rematerialization of securities?
Rematerialization is the process by which a Customer can get his Securities holding in electronic form (In Demat Account) converted into physical certificates. Customer can convert their shares lying in Demat Account into physical certificate by ...
What is Dematerialization of Securities?
An Investor can keep his shares in Demat account only in Electronic form. Dematerialization is the process by which Customer can get his physical Shares Certificates converted into electronic Form.
How do I get the new DIS (Delivery instruction booklet)?
If you have used complete DIS Booklet and want it to be re issued, than you have to fill the Requisition Slip (pink slip) which is attached in the end of your old DIS Booklet. However, In case the DIS is lost then you have to submit the "DP Lost ...
What is delivery instruction slip and what is its purpose?
Delivery Instruction Slip (DIS) is an instrument to get the shares transferred from one Demat account to another within the same Depository (NSDL to NSDL or CDSL to CDSL) or Inter-Depository (NSDL to CDSL or vice versa).
What is 'Off Market' transaction of Shares/Securities?
Off Market transaction is one which is settled outside of the trading platform where there is no role of any broker and the settlement takes place between two parties/persons. It is applicable in that case where the Client wants to transfer shares ...
What is 'On Market’ transaction of Shares/Securities?
Any Debit of the securities from your Demat Account towards the selling will be considered as “On Market” transaction. The transactions involving delivery of Securities to a Clearing Corporation/Clearing House for sale of securities done on a Stock ...
What is the process for transfer of Shares from my mastertrust account to other Demat account?
In order to transfer your shares from one Demat account to another account you need to fill Delivery Instruction Slip (DIS) which you must have received at the time of account opening. Kindly mention the target Demat account details in “Off Market” ...
What is CM BP ID of mastertrust?
CM BP ID stands for Clearing Member Business Partner ID. Below is the CM BP ID of mastertrust. For NSDL [Exchange NSE] IN557569 [Exchange BSE] IN654383 For CDSL [Exchange ...