Demat Account | TradeSmart Knowledge Base

Which documents are required to be attached with the account opening form?

1 self-attested clear copy of PAN card in (GRAY SCALE OR COLOR) only as per sample given below:- 1 self-attested copy of any of the following documents as Address Proof. Driving License Passport Ration card Latest Telephone Bill Latest Electricity Bill Latest Bank Statement (for last 6 months) Aadhar Card. 1 Passport Size Color Photograph (Please […]

Why do you charge demat transaction charge?

Most brokers charge Demat Transaction charges on a monthly or daily basis for the transactions done by you. In case of monthly charge, it may become difficult for you to tally the amount at the end of the month. We believe in transparency and making things easy to understand. Hence, we deduct those charges on […]

Declaration for Basic Services Demat Account

Declaration for Basic Services Demat Account (BSDA) From : ___________________ _________________________ _________________________ _________________________ To Date : ___________________ Demat Department, VNS Finance & Capital Services Ltd. A-401-402, Mangalya, Marol Maroshi Road, Andheri East, Mumbai – 400 059 Dear Sir, Sub : Opening of CDSL Basic Services Demat Account ( BSDA ) 12030400_______. […]

For what period of time can my Trading & Demat Account remain active without trading?

If you don’t trade for a period of 1 year, your Trading and Demat Account may become dormant. To activate the account you may have to email us duly signed Dormant account activation form and self attested copy of Pan card and latest 6 months bank statement to [email protected] email ID.

Why is a Power of Attorney (POA) for Demat Account required?

POA is required for the smooth functioning of the demat account and mainly used in the following cases. To debit the shares from your demat account and provide it to the exchange when you sell the delivery shares. To block/create lien/pledge your depository accounts to the extent of the transactions conducted by you and margin required […]

How do I get client master report for my Demat Account with the current DP?

Your current DP must have provided you with the client master. It is a single page document which contains your DP details. If it is not available with you right now please contact your present DP.

I already have a Demat Account, am I eligible for a second Demat ACCOUNT? Can I use both of the Demat Accounts?

Yes, you can.

Is it mandatory to open a demat account with your company?

If you already have a demat account with some other DP, even that can be linked to your trading account with us. However there are limitations with an outside DP demat account. Hence it is preferable to have a demat account with us for a smoother experience.

Which are the page numbers I need to sign and initial on in the account opening form?

Below is a list of all the signatures required along with the page number and signature number. For your convenience, we’ve also prepared sample filled form for the same. Pg No No. of Sign Description (All signatures to be done using Black Pen) 5 2 Individual 2 signatures, includes cross sign on Photo and Individual signature in Declaration […]