Dematerialisation is the process by which physical share certificates of an investor are converted to an equivalent number of securities in electronic form and credited into the investor’s account maintained with his/her depository participant (DP). It is like having a bank account where instead of money, you hold securities in your account.

How can one convert physical holding into electronic holding i.e how can one dematerialise securities?

In order to dematerialise physical securities held by an investor, he has to fill in a DRF (Demat Request Form) which is available with the DP and submit the same along with physical share certificates one wishes to dematerialise. Separate DRF has to be filled for each ISIN Number. The complete process of dematerialisation is outlined below:

# Surrender certificates for dematerialisation to your depository participant.
# Depository participant intimates Depository (NSDL or CDSL) of the request through the system.
# Depository participant submits the certificates to the registrar of the Issuer Company.
# Registrar confirms the dematerialisation request from depository.
# After dematerialising the certificates, Registrar updates accounts and informs depository of the completion of dematerialisation.
# Depository updates its accounts and informs the depository participant.
# Depository participant updates the demat account of the investor.

What is an ISIN?
ISIN (International Securities Identification Number) is a unique identification number for a security. India follows the norms stipulates by Association of National Numbering Agency (ANNA) which is the international body for issue of ISINs. National Securities Depository Limited (NSDL) issues ISINs in India and a complete list of ISINs is available on their website: www.nsdl.co.in. Also note that ISIN of a security changes in case of certain corporate action such as split in share par value, consolidation of share capital etc. Hence you have to quote the correct ISIN at the time of giving dematerialisation request as well as at the time of transfer of shares.

How can I find a best life cover?
Finding the best life cover can be boring and tedious, with so many websites all offering different life insurance cover products at different prices, it can all seem very confusing. At lifecover.net, we search through 100′s of life cover companies to find the best life cover for your situation.

Whether I need to give bank account details at the time of account opening?
It is for your own protection. The bank account number will be mentioned on the interest or dividend warrant, so that such warrant cannot be encashed by any one else. Further, cash corporate benefits such as dividend, interest will be directly credited to your account through the ECS (Electronic Clearing Service) facility, wherever available, by the company. This would reduce the paper work at your end for depositing the cheque, loss of cheques in transit etc.

Do I need to maintain a minimum balance in my account?
No you are required to maintain any minimum balance of securities in your DP account. You can hold even 1 share of a company.

Whether I can change the details of my bank account?
Yes. Since in the depository system monetary benefits on the security balances are paid as per the bank account details provided by you at the time of account opening, you must ensure that any subsequent change in bank account details is informed to your DP immediately.

Can I close my demat account with one DP and transfer all securities to another account with another DP?
Yes you can. You can submit account closure request to your DP in the prescribed form. The DP will transfer all the securities lying in the account, as per the instruction, and close the demat account.

Whether I can freeze or lock my account?
You can freeze or lock your account for any given period of time, if so desired. Accounts can be frozen for debits (preventing transfer of securities out of accounts) or for credits (preventing any movements of securities into accounts) or for both.

sprachreisen für erwachsene : Language and Activity programmes and English Language Courses in England  at Studio Cambridge language school in Ely, Bishop’s Stortford, Richmond-upon-Thames and Reading.