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Demat Account FAQs

Demat Account FAQ provide answers to commonly asked questions about Demat Account FAQ in Indian Stock Market. This Demat Account FAQ list is to help investors for their better understanding of Demat Account FAQ and to resolve their quires.

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Demat Account FAQ FAQ List

S No Question Feedback Count
1How can I get dividends directly to the bank instead of the cheque? Is there any online application?0
2What kind of help can I get If I have problem with my NSDL demat account?0
3Is there nomination facility in demat account ?0
4Can I sign Power of Attorney online?0
5What is dematerialisation Process?0
6Are there any charges associated with Demat Power of Attorney?0
7How do I safeguard my Demat Account with Power of Attorney to Broker?0
8What kind of help can I get if I have any problem with my NSDL Demat Account?0
9What precautions should I take to prevent misuse of securities lying in my demat account? 0
10How many Demat Accounts do I need? 0
11Can I open more than one demat account with only one DP in identical names?0
12How much do I pay for my demat account?0
13My signed Power of Attorney is still in courier. Can I still trade?0
14I am not a frequent trader on stock exchange. What should I do with transaction statement ?0
15How many demat accounts I can open?0
16Should Power of Attorney be printed on the Stamp Paper?0
17Who is Depository Participant (DP)?0
18What is the validity of my Power of Attorney for demat account?0
19How long can I hold the shares of a company? What are the changes applied in holding shares for the long term?0
20Can a person have more than one demat account on his name?0
21How much do I need to pay for my Demat Account?0
22Do I need to contact all companies for any update in my personal details? 0
23How many Demat Account can be added to my Trading Account?0
24What is the Standing Instruction given in the demat account opening form?0
25What precautions should i take to prevent misuse of securities lying in my account ?0
26Can I add another person to my demat account?0
27Can I take a loan on my demat holdings?0
28Can I trade in Futures and Options without Power of Attorney to my Demat account?0
29Do I have to contact all companies for any update in my personal details ?0
30Can a Broker misuse the Power of Attorney?0
31Does broker allows time bound Power of Attorney for Demat Account?0
32What is a depository?0
33Are there different types of Power of Attorney?0
34What is the diffrence between Demat account number and Trading account number ?0
35What are the value added facilities on my demat account?0
36Do I have to pay yearly maintenance changes even I do not hold any shares in my demat account?0
37I am not a frequent trader on stock exchange. What should I do with Transaction Statement?0
38I do not have a demat account. Can I apply in an IPO?0
39Is there any nomination facility in Demat Account?0
40What is a clearing member account and how is it different from a beneficiary account?0
41Can I transfer shares from CDSL demat account to NSDL demat account?0
42Is demat account required for SIP?0
43What are the value added facilities on my demat account ?0
44What are the maintenance changes for a demat account? Are there any hidden charges or processing fees on the transactions I do on demat account?1
45Why do I need a demat account?1
46Can a Broker withdraw money from my linked bank account using the Power of Attorney I gave?1
47What is CDSL and NSDL ?1
48Is it mandatory to have a demat account to apply in an IPO?1
49Why should I hold shares in demat account and is it compulsory for every investor to open a demat account to trade in the stock market?1
50Can a demat account be opened with four holder's names?1
51Can a minor open trading Demat account?2
52Can a Demat account opened for a minor?2
53Can I open Demat Account without PAN Card?2
54Does any stock broker offer CDSL Easiest facility?2
55What is the differences between NSDL and CDSL?2
56How much interest do I get on demat account?3
57Can I use Broker Pool Demat Account to keep my share and do not give Power of Attorney?7
58How do I transfer from one demat account to another demat account?7
59What happens if I do not pay AMC for a demat account?28
60Can someone else operate my demat account on my behalf on the basis of Power of Attorney?73