What is a Minor Demat Account? Meaning, Features & Benefits
If you are familiar with equity investments, then you must also be aware of the benefits of starting the investment journey early. If you want to safeguard your child’s financial future but are unsure about the specifics, then this blog is for you. In this blog, we will walk you through the process of opening […]
When Bonus Shares Are Credited in Demat Account?
When bonus shares are credited to a demat account, it signifies a company’s decision to reward its shareholders by issuing the additional shares at no extra cost. This corporate action is usually announced along with the company’s financial results and reflects its commitment to return value to investors. Understanding the timeline and procedure for bonus […]
How to Enable Two-factor Authentication in Demat Account?
In today’s digital world, almost all personal and financial information of a person is in some form stored digitally. This makes them vulnerable to cyber threats, as evident from the frequent instances of cyber frauds, which makes safeguarding your financial assets more important than ever. Two-factor authentication (2FA) is a vital security measure that adds […]
How to Transfer Money from a Trading Account to a Bank Account?
Every individual wants to make huge profits in the stock market, but all the profits earned remain in the trading account, which you can’t spend. One must transfer these funds to the bank account to spend it, but you might wonder how to transfer money from a trading account to a bank account and vice […]
What is a Depository? Meaning, Benefits, Types & Roles
A depository is a financial institution that holds and manages securities like stocks, bonds, and other financial assets on behalf of investors, ensuring the safe custody and smooth transactions. Depository Participants act as an intermediary between investors and the depository. The depositories facilitate buying and selling securities in electronic form and eliminate the need for […]
What is Rematerialisation?
Let’s suppose you want to close your Demat account but want to hold your securities. In such a scenario, what would you do? Rematerialization is a process that allows investors to convert the securities held digitally back into physical certificates. This method allows investors to close their demat account and hold their securities in physical […]
How to Transfer Shares from One Demat Account to Another?
As an investor, various brokers must have approached you to open a Demat account with them. Some will offer you lower brokerage charges, and some will provide additional benefits. Suppose you compare the services of your current brokers with those of others and decide to shift to another broker. Then a second thought comes to […]
Features and Benefits of Demat Account
In today’s digital world, where almost every financial transaction happens online, a Demat account has become one of the most important requirements for every investor. Whether you’re an experienced trader or just entering the stock market, a Demat account makes holding securities quite easy. This article describes the benefits of a Demat account, outlines its […]
What is Client ID in Demat Account?
We all know that a Demat account is essential to participate in the Indian stock markets. Each investor has a unique Demat account number, but do you know that the Demat account number is a combination of DP ID and Client ID? DP ID is unique to the Depository Participant, and the client ID is […]
List of Best Monopoly Stocks in India (2024)
Monopoly stocks are the shares of the companies that have control over the industry or sector in which they operate as there is little or no competition, giving them an edge in the mаrket. In India, some businesses have significant market share, making them good choices for long-term investment options. In this blog, we will […]
Open Free Demat Account
Join Pocketful Now