Depository Participant

Demat account is an account used to hold shares and securities in electronic format. In India, there are 2 depositories NSDL and CDSL. MSBPL is registered as Depository Participant with NSDL.

  • No risk of loss, wrong transfer, mutilation or theft of share certificates.
  • Hassle free automated pay-in of your sell obligations
  • Reduced paper work
  • Speedier settlement process because of faster transfer and registration of securities in your account and thus increased liquidity of your securities.
  • Reduced transaction costs because there is no stamp duty involved with the transfer of shares
  • Instant disbursement of non-cash benefits like bonus and rights into your account.

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