DEPOSITORY

An Organisation
that holds securities
of investor in
electronic format at
the request of the
investor through a
registered
Depository
Participant.

Diff b/w Bank & Depository

BANK
Holds Funds in an
Account
Transfers Funds between
accounts on the
instruction of the account
holder.
Facilitates transfers
without having to handle
money
Facilitates safekeeping of
money

DEPOSITORY
Hold securities in an
account
Transfers securities
between accounts on the
instruction of the account
holder
Facilitates transfers of
ownership without having
to handle securities
Facilitates safekeeping of
shares

No. of Depositories registered with

SEBI
National Securities Depository Limited

(NSDL):-.

Trades done is NSE - National Stock Exchange

are linked directly to NSDL.
NSDL, the first and largest depository in India,
established in August 1996 and promoted by
institutions of national stature responsible for
economic
development of the country has since established
a national infrastructure of international
standards that handles most of the securities
held and settled in dematerialised form in the
INDIAN CAPITAL MARKET

 CDSL was promoted by Bombay

Stock Exchange Limited (BSE)
jointly with leading banks such as
State Bank of India, Bank of India,
Bank of Baroda, HDFC Bank,
Standard Chartered Bank, Union
Bank of India and Centurion Bank.
It is the second depository in india.

An agent of the depository through

which it interfaces with the
investor. A DP can offer depository
services only after it gets
registration from SEBI.

Safe & convenient

Immediate transfer of securities
No stamp duty for transfer of securities
Elimination of risks with physical certificates
Reduction in paper work & transaction cost
Nomination facility
Change in address gets automatically
updates with all companies
Automatic credit in demat accounts

 Process by which physical certificates of an investor

are converted to an equivalent number of securities in
electronic form and credited in to the investors
account with his/her DP

 Fill in a Demat Request Form (DRF)

available with the DP and submit with
physical certificates. Separate DRF should
be filled for each ISIN no.
DP intimates Depository of the request
through the system
DP submits the certificates to the registrar
Registrar confirms the demat request from
depository
After dematerializing certificates, registrar
updates accounts & informs depository
Depository updates its accounts & informs
DP
DP updates accounts & informs investor

WE CAN ALSO REMATERIALISED ODD LOT

SHARES

The SHARES are all held electronically in your

account.
As you buy and sell the shares,
they are adjusted in your account.
Just like a bank passbook or statement, the DP
will provide you with periodic statements of
holdings and transactions.