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No AMC for the first year* |
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Quick transfer of securities |
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No stamp duty on transfer of securities |
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Elimination of risks associated with physical
certificates such as bad delivery, fake securities, etc |
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Reduction in paperwork involved in transfer
of securities |
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Reduction in transaction cost |
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Nomination facility |
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Change in address recorded with DP gets
registered electronically with all companies in which investor
holds securities eliminating the need to correspond with each
of them separately |
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Holding investments in equity, debt instruments
and Government securities in a single account |
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Automatic credits into demat account, of shares, arising out of split/consolidation/merger etc. |