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 date. However, from Second Year onward AMC is applicable @Rs. 300 + GST@18%. i.e. Rs. 354 p.a. Annual Maintenance Charges for Corporate Account is ...
What process needs to be followed for transmission of the Shares?
In case of transmission of shares, a death intimation should be received in the format attached herewith along with supporting documents as mentioned in the form from the nominee(s)/ Joint Holder(s) for further consideration of such request.
What does the transmission of shares mean?
Transmission of shares refers to transferring of shares due to death of a shareholder to their legal heir(s)/surviving holder. It is a legal requirement, unlike the transfer of shares, which is voluntary. The shares are transmitted by forwarding ...
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?
Re-materialization 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. Customer can convert their physical certificate into ...
How do I get the new DIS (Delivery instruction booklet)?
Scenario 1 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 ...
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 the difference between Off-Market and On Market transaction of Shares/Securities?
Feature On-Market Transaction Off-Market Transaction Where it happens Stock exchange platform Outside exchange, directly between parties Price Market-determined Mutually agreed Settlement Through clearing house & depository Direct transfer through ...
What is the process for transfer of Shares from my mastertrust account to other Demat account?
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” section ...
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. Depository NSE ID BSE ID NSDL IN557569 IN654383 CDSL 1202290000430219 1202290000045861