What is dematerialization of securities?
Dematerialization is the process by which you can get physical share certificates converted into electronic balances.
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What is the process for dematerialization?
You need to submit Dematerialization request by sending a duly filled up Dematerialization Request Form (DRF) to the DP along with the certificates of the securities to be dematerialized.
What is STT (Securities Transaction Tax)?
Securities/ Commodity transaction tax (STT/CTT) is a direct tax, similar to TCS or TDS, levied by the govt. for transactions executed on any recognized exchange in India. STT is charged at 0.1% on both buy and sell side turnover of equity delivery ...
How to get a normal Pledge Request form for Loan Against Securities?
Please note soft copy of Pledge Request form available on IIFL website (https://ttweb.indiainfoline.com/ - Download Form and Formats). Client has to fill all the details in Pledge Request form for Loan Against Securities. Pledgee demat account should ...
How to get a normal Pledge Request form for Loan Against Securities?
Please note soft copy of Pledge Request form available on IIFL website (https://ttweb.indiainfoline.com/ - Download Form and Formats). Client has to fill all the details in Pledge Request form for Loan Against Securities. Pledgee demat account should ...
How to check the Pending dematerialization status?
If the holding shows Pending Demat in the holding statement, it means the demat request is pending with the company / RTA for further confirmation. RTA takes a maximum 30 days to process the demat request from their end. Once RTA confirm the demat ...