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What is transposition cum demat form?

Updated: 9/19/2023
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10y ago

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Transposition-cum-demat facility enables an investor to transpose names of the joint holders in desired order along with the process of dematerialisation of certificates. Transposition opened.No new name can be added through transposition process. Similarly, existing names cannot be deleted....Transposition-cum-demat facility enables an investor to transpose names of the joint holders

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Q: What is transposition cum demat form?
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What is the full form of demat?

DEMAT stands for De-Materialized account.


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You can have any number of DEMAT accounts you want but a single DEMAT account providing bank will not give you more than one DEMAT account. So if you want multiple DEMAT accounts, you will have to contact multiple providers like: ICICI, HDFC, SBI, Religare etc. to have multiple accounts.


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DEMAT stands for De-Materialized. A Demat account is one in which customers hold shares and other securities in electronic or de-materialized format. A Demat account is a mandatory requirement these days to trade in shares in India. ICICI, HDFC, SBI, Reliance etc. are all leading Demat account providers in India.


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