Frequently Asked Questions (FAQ's)
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A Depository Participant (DP) is an agent of the depository (NSDL/CDSL) who provides investors with services such as opening and maintaining Demat accounts, facilitating securities transactions, and ensuring compliance with regulatory requirements.
Answer:
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- Fill out the account opening form (available online or at our branch).
- Submit KYC documents (PAN, Aadhaar, proof of address, proof of income if required).
- Provide passport‑size photographs and bank account details.
- Sign the agreement with the DP.
- Once verified, your Demat Account number (Client ID) will be issued
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Click the link for opening online demat account or contact us for guidance.
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- PAN Card (mandatory)
- Aadhaar Card or other valid address proof
- Passport‑size photographs
- Bank account proof (cancelled cheque/passbook copy)
- Income proof (for trading in derivatives, if applicable)
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For opening online demat account please click the Link.
Answer:
You must approach your DP (Indus Shareshree) and submit:
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- A request form for bank detail updation.
- A cancelled cheque leaf with your name OR attested bank statement/passbook copy.
Once updated, the revised details will reflect in your Demat Account
or contact us for any guidance regarding the matter.
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Submit a written request or online modification form to us along with self‑attested ID proof. The updated contact details will be registered after verification
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A Client Master List (CML) is a document issued by the DP that contains all details of your Demat Account such as name, address, bank details, nominee details, and DP ID.
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You can submit a freeze/unfreeze request to your DP. Freezing prevents debit transactions (sale/transfer of securities) while allowing credits. This is useful for safeguarding holdings.
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- Submit an account closure form to your DP.
- Ensure all holdings are transferred or sold.
- Clear any outstanding dues.
- Once verified, the DP will close your account and issue a closure confirmation
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Charges may include:
- Annual Maintenance Charges (AMC)
- Transaction charges (per debit/credit)
- Dematerialisation/rematerialisation charges
- Pledge/unpledge charges
For detailed tariff sheet click here