Receive a copy of KYC, copy of account
opening documents.
No minimum balance is required to be
maintained in a demat account.
No charges are payable for opening of demat
accounts.
If executed, receive a copy of Power of
Attorney. However, Power of Attorney is not a mandatory requirement as per SEBI
/ Stock Exchanges. You have the right to revoke any authorization given at any
time.
You can open more than one demat account in
the same name with single DP/ multiple DPs.
Receive statement of accounts periodically.
In case of any discrepancies in statements, take up the same with the DP
immediately. If the DP does not respond, take up the matter with the
Depositories.
Pledge and /or any other interest or
encumbrance can be created on demat holdings.
Right to give standing instructions with
regard to the crediting of securities in demat account.
Investor can exercise its right to
freeze/defreeze his/her demat account or specific securities / specific
quantity of securities in the account, maintained with the DP.
In case of any grievances, Investor has
right to approach Participant or Depository or SEBI for getting the same
resolved within prescribed timelines.
Every eligible investor shareholder has a
right to cast its vote on various resolutions proposed by the companies for
which Depositories have developed an internet based ‘e-Voting’ platform.
Receive information about charges and fees.
Any charges/tariff agreed upon shall not increase unless a notice in writing of
not less than thirty days is given to the Investor.
Right to indemnification for any loss
caused due to the negligence of the Depository or the participant.
Right to opt out of the Depository system
in respect of any security.