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Home  > Products > Broking > Depository

Overview

Depository Participants (DP) offers a safe & convenient way to hold securities in electronic form as compared to paper form. It offers freedom from delays, forgeries, settlement risk and paper work. SMC provides an integrated single platform for our clients ensuring a quick, risk free and efficient process. We are participants of Central Depository Services Limited (CDSL), National Securities Depository Limited (NSDL) and Comtrack. SMC, as a Depository Participant, offers depository accounts to individual investors as well as to corporate houses, which enables them to trade in the dematerialized environment. We are one of the few Depository Participants offering depository facilities for commodities also and we are empanelled with all the commodity exchanges viz. NCDEX, MCX, ACE, UCX, ICEX & NCDEX comtrack.

Our Offerings

  • De-materialization of physical shares and mutual fund units into electronic form
  • Re-materialization to convert the dematerialized shares and mutual fund units into physical form
  • Inter and intra depository transfer of securities from one demat account to another
  • Pledging of shares and commodities to avail loans
  • Commodity demat account
  • Online access to demat account

Our Edge

  • Prompt and efficient service
  • Competitive transaction charges
  • Separate desk for HNI and NRI clients
  • Professional service to trading members for their pool accounts
  • Hassle free automated pay-in facility to clients
  • Faster transfer and registration of securities leading to increased liquidity of securities
  • Nationwide branch network
  • Personalized / attentive services by trained help desk
  • All in one combined Monthly Bill-cum-Transaction-cum- Holding statement

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About SMC

Established in 1990, SMC is one of the leading and well-diversified financial services companies in India offering services across brokerage (across the asset classes of equities (cash and derivatives), commodities and currency), investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking and clearing services and real estate advisory services to corporate, institutional, high net worth individuals and other retail clients.

serving over
18 Lac
unique clients
Workforce of
3000+
employees
Presence in 500+ cities in India & abroad
large network of
2,500+ sub-brokers & authorised persons
Cumulative AUM under Mutual Funds 1,865+ crores
*As on June 2016

FAQs

What is a Depository?
What is dematerialisation (demat)?
How many Depositories are registered with SEBI?
Who is a Depository Participant?
Who is a Beneficial Owner (BO)?
How an investor can avail the services of a Depository?
What are the benefits of availing depository services?
Whether it is compulsory for me to dematerialise my physical certificates?
Can odd lot shares and partly paid shares be dematerialized
How are right and bonus shares allotted?
What is ISIN?
What is a demat account?
What is the procedure of Dematerialisation?
What happens in case a Non-Resident Indian becomes a resident in India?

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