ProStocks depository account offers following facilities: -
- Dematerialization i.e., converting physical certificates to electronic form;
- Rematerialisation i.e., conversion of securities in Demat form into physical certificates;
- Facilitating repurchase / redemption of units of mutual funds;
- Electronic settlement of trades in stock exchanges connected to CDSL;
- Pledging/hypothecation of dematerialized securities against loan;
- Electronic credit of securities allotted in public issues, rights issue;
- Receipt of non-cash corporate benefits such as bonus, in electronic form;
- Freezing of Demat accounts, so that the debits from the account are not permitted;
- Nomination facility for Demat accounts;
- Services related to change of address;
- Effecting transmission of securities;
- Easi-est facility;
- Account monitoring facility over Internet for clearing members through Easi facility;
- SMS alert facility for debit transaction
