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Depository-Trading

Depository Services

Why open a Demat account?

Our Demat Services offers you a Safe, Online and Seamless mode to keep track of your investments in Equity, Mutual Funds, Initial Public Offer (IPO), Exchange Traded Funds (ETF) - Index & Gold, Bonds, Non-Convertible Debentures (NCD)

What are the features of a Demat Account?

No stamp duty on transfer of securities held in Demat form. Auto credit of rights / bonus / public issues in your Demat Account through ECS Easy access to your investments, statements through the DP on Net.

  • How does it work
  • Concepts and Processes

A Depository is like a bank where securities are held in electronic form. There are two Depositories in India – National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

Under the Depositories Act, investors can use the services of these Depositories through Depository Participants (DP) such as Allied Financial Services Pvt. Ltd.

There are a number of benefits:

  • Settlement of securities are traded on exchanges and as well as off-market transactions
  • Shorter settlements enhance liquidity
  • No stamp duty on the transfer of securities held in Demat form
  • Changing your address, registering a power of attorney and even signatures can be effected in Demat accounts by submitting requests along with the relevant documents to the Depository Participant
  • Allied Financial Services Pvt. Ltd. also facilitates registration of SPEED-e (NSDL). These internet-based transaction allows you to submit delivery instructions electronically, via the SPEED-e website. This way, you have security when processing transactions, without the hassle of preparing and submitting instruction slips.

With facilities like 'IDEAS', you can view the current transactions and balances of your Demat Account in real-time.

You can also hold mutual funds in a Demat Account. There are three steps to access this facility:

  • Give your Demat Account details to the Asset Management Company (AMC) / Registrar and Transfer Agent (RTA).
  • Submit a request to your Depository Participant (DP) for conversion of existing Mutual Fund units.
  • Buy Mutual Fund units through the stock exchange platform.

This way, investors have a single Demat Account Transaction / Holding Statement for Shares, Debentures and Mutual Fund units.

  • attention investors
  • kyc
  • ipo
Prevent Unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors
ALLIED FINANCIAL PVT LTD.: CM:-INZ00164832/INF230769237 F&O:-INZ00164832/INF230769237 DP ID IN301452 IN-DP-NSDL-126-2000
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