Demat Account FAQs

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Demat Account FAQ FAQ List

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

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