What are the Benefits of Demat Account

1. What are the Benefits of Demat Account: Advantages & Why you need it A paradigm shift is visible in the financial market, making everything easier with the technological development across the segments. Dematerialisation is part of such technological development providing the paperless facility to hold their securities in the digital form. Demat account is the invention of such technological change that now become part of every investor in India. part of every investor in India. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

2. What are the Benefits of Demat Account: Advantages & Why you need it A paradigm shift is visible in the financial market, making everything easier with the technological development across the segments. Dematerialisation is part of such technological development providing the paperless facility to hold their securities in the digital form. Demat account is the invention of such technological change that now become part of every investor in India. part of every investor in India. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

3. What is a Demat Account? In simple words demat account is mainly issued by 2 major depositories of India ( CDSL & NSDL). Its is digital in nature and primarily used to store your shares after purchase. Functioning is same as you common saving account where your money parks. As in the saving account any user can deposit or withdraw their money, same in the case of demat account user can deposit or withdraw their shares. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

4. Why Demat Account is Needed? Earlier any shares purchased from the market can be hold in physical format but SEBI changed this format and now it is compulsory to open demat account for any client who wants to trade in stock market. In other words shares purchased can be hold only in electronic form not in physical format. To be more precise for any clients who want to trade in stock market, 2 basic accounts are necessary- 1. Trading Account- to purchase or sell in stock market 2. Demat Account to store your shares purchased from stock market 2. Demat Account- to store your shares purchased from stock market Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

5. Advantages of Demat Account: #1 Dematerialisation of Securities As discussed earlier basic advantage is to keep shares in electronic form rather than physical format If you have physical shares either convert them now into dematerialized or you can lose their value or it will become worthless. #2 Single Storage for All Securities Clients deal in all kind of financial products i.e. they have a portfolio of equity , Debt Instruments, Mutual funds or ETF. Biggest advantage of demat account is all products varisties can be hold in single demat account. There is absolutely no need to maintain varisties can be hold in single demat account. There is absolutely no need to maintain separate accounts for different products profiles. Clients can open multiple demat account with different brokers as per their needs here is a check- you cannot apply for more than 1 demat account with your pan card with same broker. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

6. #3 Fast Settlement of Securities As SEBI is constantly improving the settlement mechanism by launching T+1 settlement, it is quite obvious that through digital format this settlement process can be completed securely and fastly. T+1 settlement means debit or credit of shares in your demat account can be done on the next day of your transaction day. Moreover SEBI is now planning to shift this mechanism from T+1 to transaction day. Therefore demat account is the only safest way to complete this settlement process #4 Safe from Physical Damage & Theft Demat account is totally immune form physical damage or theft as it is in electronic form. Demat account is totally immune form physical damage or theft as it is in electronic form. So no one can misuse any other client demat account for sure and guarantees full privacy and security to users. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

7. #5 Safe from Fraud & Unauthorised Use Another advantage of a demat account is, that you have only access to your demat account (except depositaries) with the unique user ID and login details. While signing your account opening form with brokers clients generally give authorisation to access their demat account to broker but they also have no permit to forge use of any demat account. Hence, a demat account is safe from various types of unauthorized activities like fraud, cybercrimes and misuse without your concern #6 Quick and Easily Accessible One of the excellent blessings of having a demat account is you may get access on your One of the excellent blessings of having a demat account is you may get access on your demat account speedy thru diverse gadgets or go platforms. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

8. Contact us: 96382-37000 Mansukh Securities and Finance Limited: SEBI Registration Number-INZ000164537 ( Members- NSE,BSE,MCX, ),IN-DP-72-2015 ( DP-NSDL, CDSL ) Mansukh Stock Brokers Limited : SEBI Registration Number- INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration Number-INZ000063032 ( Members- NCDEX ) Mansukh IFSC Broking Private Limited : SEBI Registration Number- INZ000099432 (Members- NSE IFSC, INDIA INX)Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances Investments in securities market are subject to marketrisks; read all the related documents carefully before investing. www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

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