What is DDPI? Is there any alternative available for doing EDIS every day?
How to give Demat Debit and Pledge Instruction (DDPI)?
Can I avoid doing EDIS every time before placing sale order?
Client who are not comfortabl...[details »] |
How to use easi/easiest for Demat Account of CDSL?
Easi (electronic access to securities information) and easiest (electronic access to securities information and execution of secured transactions...[details »] |
Why does Stock Broker charge AMC on Demat Account?
Annual Maintenance Charge (AMC) is charge for keeping Demat Account active (similar to your Bank Locker, whether you use it or not all the time) and c...[details »] |
What is Depository and how it functions?
A Depository facilitates holding of securities in the electronic form and enables securities transactions to be processed by book entry. The Depositor...[details »] |
What is NSDL?
National Securities Depository Limited (NSDL) is India’s first Depository to hold shares and securities in dematerialised form (electronic form) and...[details »] |
What is CDSL?
Central Depository Services Limited (CDSL) is India’s second Depository (NSDL being first) to hold shares and securities in dematerialised form (ele...[details »] |
Why Stock Brokers ask for Power of Attorney (PoA) of Demat Account?
How to protect Demat Account after giving Power of Attorney (PoA)?
How you can make sure that Power of Attorney (PoA) cannot be misused?
Is there ...[details »] |
Why do I need demat account?
Depository Beneficiary Account is popularly known as Demat Account. Demat Account is like an electronic locker to keep securities in electronic (demat...[details »] |
What is ProStocks DP ID?
ProStocks DP ID is 12083200
Note: A Depository Participant ID is a unique 8 digit number given to a depository participant (i.e. ProStocks) by the de...[details »] |
Why ProStocks collects refundable deposits of Rs 1000 for demat?
ProStocks is opening your account free. Your Trading and Demat Account is life time AMC free. Rs 1000 are collected as refundable deposit towards Dema...[details »] |
Do I need a DIS (Delivery Instruction Slip) for moving my Demat Account from my previous Broker to ProStocks?
In this mode of closure, DIS is not required. ProStocks will provide you CML (Client Master List) of your demat account with us. This CML along with ...[details »] |
Are there any charges on transfer of Scrips from my previous DP to ProStocks DP?
Your depository can neither charge you for account closure nor for transfer effected through closes and transfer instructions, per SEBI regulation.
P...[details »] |
I want to move my stocks in Demat from another DP to ProStocks, what is the procedure and charges?
You need to fill close and transfer instruction slip at your demat service provider and mention your demat account number with ProStocks. All your sha...[details »] |
What is DP ID and beneficiary ID in Depository?
Your demat account is always 16 digits. In case of CDSL depository account all 16 digits are number.
In case of NDSL depository account first 2 digit...[details »] |
How can I transfer my shares somewhere else if I close my account with ProStocks?
You need to fill close and transfer instruction slip and all your shares will be transferred to your demat account with other depository. ProStocks ne...[details »] |
Can I open joint demat account with ProStocks?
Yes, you can open joint demat account, in such case trading account should be with the primary/first holders name. You can add max 3 names in your joi...[details »] |
What are the benefits of opening Demat Account with ProStocks?
Having a demat account with ProStocks saves you the hassle of transferring shares every time you sell, as these shares will be automatically adjusted ...[details »] |
What is the importance of record dates to me?
In case the securities bought by you are yet to be transferred into your account before the book closure / record date, you will not receive corporate...[details »] |
What benefit do I get by giving delivery instruction slip to ProStocks depository with a future execution date?
By giving a future dated instruction, the risk of non-execution of instruction due to lack of time or last minute rush is covered....[details »] |
What is 'execution date' given in the delivery instruction form issued by ProStocks?
Execution date is the date on which securities will be actually debited from your account. The execution date written on the delivery instruction has ...[details »] |