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Demat Account

A demat account is like a bank account for your shares and stocks in which the shares/stocks are held in an electronic format. Demat accounts make it much easier to own and trade stocks, shares, mutual funds, ETFs by eliminating the hassles of lengthy paperwork. Demats have streamlined the process of owning and holding shares.

Note that a demat account and trading account are not the same. A demat account is usually accompanied by a trading account, which is required for purchasing and selling stocks in the share market. So, a trading account is used to buy and sell shares while a demat account is used to hold them. Similar to a bank account, where money is debited and credited, shares are debited and credited from a Demat account.

  • Share Transfer: Demat accounts are used to transfer the share holdings of an investor.
  • Loan Facility: If you hold securities in your demat account, you have access to loan facilities. Securities function as collateral.
  • Dematerialisation and Rematerialisation: With an active demat account, conversion of securities into different forms is an easy task. You can convert physical shares into electronic ones or vice versa.
  • Availing Corporate Benefits: With demat accounts, you can avail of the benefits associated with holding securities. For example, when a company provides dividends, interests or refunds to its investors, demat account holders can access these benefits immediately.

Here are the documents required for opening a Demat Account:

  • Proof of Income: Photocopy of Income Tax Return (ITR) Acknowledgment slip, salary slip, certificate of net worth are accepted as proof of income.
  • Proof of Identity: PAN card, Aadhar, Voter ID, Driving License, Passport are all accepted. Identity cards issued by the Central/State Governments, statutory bodies, public sector undertakings, etc. are also accepted.
  • Proof of Address: Passport, Voter Identity Card, Registered Lease or Sale of Agreement of Residence, Driving License, Bank Statement not older than 3 months, etc. The address provided in the name of the spouse is accepted as well.

Electronic exchange system and BOLT electronic system are the online trading platforms belong to the NSE and BSE, respectively. They are online software to manage market positions with the help of financial intermediaries.

The NIFTY benchmark index is for NSE and Sensex for BSE.

CALL US@ (0281) 6102000

Compliance Officer Chirag Babulal Dedakia (0281)6102000

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


KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.


No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.


SKSE Sec Ltd, Office No 907 To 911, 9th Floor,
The Spire 2, Shital Park Circle, 150 Feet Ring Road,
Rajkot 360005 Gujarat

KYC in Vernacular Languages

SEBI Registration No:

NSE: INZ000293432
BSE: INZ000293432
DP : IN-DP-CDSL-156-2015
MCX: INZ000293432

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