The term Demat refers to a dematerialised account for individual Indian citizen to trade in listed stocks or debentures, required for investors by SEBI. In a demat account, investor holds shares and securities electronically instead of its physical possession. A Demat Account is opened by the investor while registering with a registered SEBI broker to enable electronic settlements of trades

A Demat account is electronic book keeping and reduces brokerage charges (which are usually around 2.5%), makes pledging / hypothecation of shares easier, enables quick ownership of securities on settlement resulting in increased liquidity, avoids confusion in the ownership title of securities, and provides easy receipt of public issue allotments or IPOs.

Krazzy Diamond Network OPC Pvt. Ltd. is a registered member / depository participant of Central Depository Services Ltd. (CDSL) and provides the customers with most secure, convenient and hassle-free demat accounts at the most economical rates.

Benefits to Krazzy Diamond Network OPC Pvt. Ltd.

Krazzy Diamond Network OPC Pvt. Ltd. enhances trading experience for customer by proving innumerous benefits and advantages as a depository participant as under:

No risk of signature mismatch

No risk of forgery

No risk of share mutilation

No risk of loss of shares either through theft or in transit

No stamp duty for transfer of shares

Reduces paper work and time

Fast settlement cycles

You can purchase, hold and sell shares in electronic form

Increase in liquidity of your securities because of faster transfer and registration of securities in your account

Instant disbursement of non-cash benefits such as bonus, right-issues, etc.

Regular account status updates

Economical and competitive DEMAT charges