Depository is a entity that holds the securities of an investor in electronic form. In simple words, depositories are just like banks however here, instead of money, assets like shares, bonds, mutual funds, etc. from your investment portfolio are stored. The base of depository services lies with dematerilization which means that the physical shares are converted into electronic assets and stored.
Investors can buy or sell stockes from companies thorugh depository facilitated by Depository Participant (DP).
Investors can safely hold their assets in a depository in dematerialised form and beat the risk of theft, misplacement and more.
Advanced tools to quickly transfer shares and transacting in lucrative sale and purchase process online.
Depository services by Oswal Shares & Securities are revered by investors for many reasons.
Low trabnsactuion costs
High liquidity with quick transfer of securities
No risk of bad delivery and fake Securities
Safe handling of Shares, Mutual Funds and Commodities in electronic form
Highest safety for holdings
Detailed records keeping for client’s perusal
All you need is a Demat account to get started with our Deposotory services for safe and hasslefree trades and investments.
Oswal Shares & Securities is a participant of National Securities Depository Limited(NSDL) andCentral Depository Services (India) Limited(CDSL) and offers depository services to the clients. Our comprehensive Depository services involves safeholding and maintenance of securities along with transfer of ownership records of securities by an investor.
Depository services also offer you a option to enjoy low margin on securities pledged with bank and get regular updates on your account status.
With a well-equipped team of experts, Oswal has the ability and resources to offer seamless Deposoitory services to our clients. Our objective is to make trading easier for our clients by offering professional Depository Services and reducing risks associated with market trade.
Feel free to reach out to our knowledgeable Advisor Team for a deeper analysis, competitive pricing, or any additional questions you may have. Our team is here to assist you.
Oswal Shares & Securities has no AP’s (authorised person) and remiser.
Transaction alerts through SMS, e-locker facilities, chatbots for instantaneously responding to investor queries etc. have also been developed.
Consolidated Account Statements are available online and could also be accessed through mobile app to facilitate the investors to view their holdings in demat form.
Investors can give instructions for transfer of securities through e-DIS apart from physical DIS. Here, for on-market transfer of securities, investors need to provide settlement number along with the ISIN and quantity of securities being authorized for transfer. Client shall be required to authorize each e-DIS valid for a single settlement number / settlement date, by way of OTP and PIN/password, both generated at Depositories end. Necessary risk containment measures are being adopted by Depositories in this regard.
Online instructions for execution internet-enabled services like Speed-e (NSDL) & Easiest (CDSL) empower a demat account holder in managing his/her securities ‘anytime-anywhere’ in an efficient and convenient manner and submit instructions online without the need to use paper. These facilities allows Beneficial Owner (BO) to submit transfer instructions and pledge instructions including margin pledge from their demat account. The instruction facilities are also available on mobile applications through android, windows and IOS platforms.
Account opening through digital mode, popularly known as “On-line Account opening”, wherein investor intending to open the demat account can visit DP website, fill in the required information, submit the required documents, conduct video IPV and demat account gets opened without visiting DPs office.
Linkages with Clearing System for actual delivery of securities to the clearing system from the selling brokers and delivery of securities from the clearing system to the buying broker.
In case of transposition-cum-dematerialisation, client can get securities dematerialised in the same account if the names appearing on the certificates match with the names in which the account has been opened but are in a different order. The same may be done by submitting the security certificates along with the Transposition Form and Demat Request Form.