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Depository
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Overview
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Depository Participants (DP) offers a safe & convenient way to hold securities in electronic form as compared to paper form. It offers freedom from delays, forgeries, settlement risk and paper work. SMC provides an integrated single platform for our clients ensuring a quick, risk free and efficient process. We are participants of Central Depository Services Limited (CDSL) and National Securities Depository Limited (NSDL). We believe in efficient, cost-effective and integrated fixed deposit services support to our brokerage business India. SMC, as a Depository Participant, offers depository accounts to individual investors as well as corporate houses, which enables them to trade in the dematerialized environment. We are one of the few Depository Participants offering depository facilities for commodities. We are empanelled with NCDEX, MCX and spot exchanges.
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Our offerings
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- De-materialization of physical shares and mutual fund units into electronic form
- Re-materialization to convert the dematerialized shares and mutual fund units into physical form
- Inter and intra fixed depository services to transfer securities from one demat account to another
- Pledging of shares and commodities to avail loans
- Commodity demat account
- Internet services for online access to demat account and research reports
- SMS Alert Facility for debits and IPO credits in demat account.
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Our edge
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- Risk-free, prompt and efficient service
- Competitive transaction charges
- Separate desk for HNI and NRI clients
- Professional service to trading members for their pool accounts
- Hassle free automated pay-in facility to clients
- Faster transfer and registration of securities leading to increased liquidity of securities
- Nationwide branch network
- Personalized / attentive services by trained help desk
- All in one combined Monthly Bill-cum-Transaction-cum- Holding statement
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Contact us:
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For New Account Opening, grievances or queries:
Write to us dp@smcindiaonline.com
Call us at 011-30111333(Extn. 7547/7548)
Or visit our nearest SMC branch
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