What is a Depository?
	Who is a Depository Participant?
	Who is a Beneficiary Owner (BO)?
	What is a BO Id?
	What is a DP Id?
	What is an ISIN?
	Can different securities issued by the same Issuer have the same ISIN?
	Can I open more than one account with the same DP?
	Do I have to keep any minimum balance of securities in my account with my DP?
	Can someone else operate my account on my behalf on the basis of a power of attorney?
	Why should I give my bank account details at the time of account opening?
	What would be the charges for account closure and securities transfer due to account closing?
	What precautions should I take before defacing a share certificate?
	How will I know that my DP has updated my account after each transaction?
	What is a Depository? A Depository is an entity, which holds securities (like shares, debentures, Government securities, bonds etc.) in Demat/electronic form. Apart from holding the securities, a Depository also provides services related to transactions in securities. Under the Depositories Act, investors can avail of the services of a depository by opening an account with the Depository through a Depository Participant. Top
	Who is a Depository Participant? A Depository Participant (DP) is an agent appointed by the Depository and is authorized to offer depository services to all investors. An investor cannot directly open a Demat account with the depository. An investor has to open his / her account through a DP only. The DP in turn opens the account with the Depository. The DP in turn takes up the responsibility of maintaining the account and updating them as per the instructions given by the investor from time to time. The DP generates and provides the holdings statement from time to time as required by the investor. Thus, the DP is basically the interface between the investor and the Depository. We being a DP with CDSL will be opening your Demat account. The balances in your account are maintained with the depository and are available to you through us. Top
	Who is a Beneficiary Owner (BO)? The person who holds a Demat account for the purpose of holding securities in the electronic form is a beneficiary owner. In case of a joint account, the account holders will be beneficiary holders of that joint account. Top
	What is a BO Id? The Demat account number of the beneficiary holder(s) is known as the BO Id. Top
	What is a DP Id? A DP Id is the number of the depository participant allotted by the depository. Top
	What is an ISIN? ISIN (International Securities Identification Number) is the identification number given to a security of an issuer at the time of admitting such security in the depository system. Top
	Can different securities issued by the same Issuer have the same ISIN? No, different securities issued by the same issuer will have different ISINs. Top
	Can I open more than one account with the same DP? Yes. You can open more than one account with the same DP. There is no restriction on the number of accounts you can open with a DP. Top
	Do I have to keep any minimum balance of securities in my account with my DP? No. The depository has not prescribed any minimum balance. You can have zero balance in your account. Top
	Can someone else operate my account on my behalf on the basis of a power of attorney? Yes. If you authorise any person to operate your account by executing a power of attorney and submit it to your DP, that person can operate the account on your behalf. Top
	Why should I give my bank account details at the time of account opening? It is for protection of your interest. Your bank account number will be mentioned on the interest or dividend warrant, you are entitled to, so that such warrant cannot be encashed by any one else. Further, a DP cannot open the account if bank account number is not given. Top
	What would be the charges for account closure and securities transfer due to account closing? The charges would be as per the schedule of charges of your DP, agreed by you at the time of account opening or any subsequent changes therein. Top
	What precautions should I take before defacing a share certificate? Before defacing the share certificate, you must ensure that it is available for dematerialisation. You must therefore check with your Depository Participant (DP) whether the ISIN (code number for the security in a depository system) has been activated and made available for dematerialisation by the depository. If yes, then you may deface the share certificate. The certificates are defaced by marking "Surrendered for Dematerialisation" on the face of the certificate. Top
	How will I know that my DP has updated my account after each transaction? Your DP will give you a Transaction Statement periodically, which will detail your current balances and the various transactions you have done through the depository account. If you so desire, your DP may provide Transaction Statement at intervals shorter than the stipulated ones, probably at a cost. Top