Demat account for shares and securities with business purpose.
The depository system helps in reducing the cost of new issues due to lower printing and distribution costs. It provides better facilities for communication and timely service to shareholders and investors.
The depository system reduces risks involved in holding physical certificates, e.g., loss, theft, mutilation, forgery, etc. It ensures transfer settlements and reduces delay in registration of shares.
It reduces risks of delayed settlement. It ensures greater profit due to increase in volume of trading. It eliminates chances of forgery or bad delivery.
