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What is a Transposition cum Demat Account? May 31 2021Demat account opening, how to open Demat account

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What is a Transposition cum Demat Account? 

Transposition is the process of changing the order of names in which securities are held. Physical certificates are sometimes owned jointly by a shareholder, there is a possibility that names are in a different sequence. Since jointly held physical shares can be dematerialised and held in the same demat account only when the order of names is identical, the investor would have to open as many multiple demat accounts as the different name orders

To avoid this, the investor could use CDSL/ NSDL's tool transposition-cum-demat. While executing the dematerialization of certificates, this allows a customer to transpose the names of joint holders in an appropriate order.

Let’s understand this with an example, if A and B have a demat account and some certificates are held in the names of B and A and others in the names of A and B, the shares can be dematerialized in A and B's demat account using this feature.

Application and format: The application, along with the Demat Request Form (DRF) and the share/security certificates, shall be sent to the Depository Participant (DP) on the Transposition Request Form (TRF). The form format can be viewed on the NSDL website. 

Form: Fill out the form with information such as the client's name, DP ID, the names of the demat account holders in the correct sequence, and the names and signatures that appear on the physical certificates.

Signatures and verification: All TRF holders' signatures should match those in the DP's records. The DP sends the share certificates, together with the TRF/DRF, to the registrar and transfer agent, who checks the number of certificates and the information on the share certificates to the TRF. The demat shares are then credited to your DP account.

A self-attested copy of PAN is also needed.

Important factors to consider

·         During the transposition, no new names can be added. Likewise, existing names cannot be removed.

·         For processing transposition-cum-demat requests, CDSL does not charge any fee to depository participants.

·         For each International Securities Identification Number, a separate TRF must be filled out. 

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Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.


  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost

Dear Investor,
As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.
We believe that an educated investor is a protected investor !!!

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
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Dear Investor if you wish to revoke your un-executed eDis mandate, please mail us with ISIN and quantity on by today EOD."

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201




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