Uploaded on Mar 20, 2023
The process of converting physical shares into dematerialized form is known as dematerialization. Dematerialization is for people who hold physical shares and want to convert them into electronic form for safekeeping and ease of trading.
Dematerialization - Physical to Demat Shares
Dematerialization - Physical to
Demat Shares
What is Dematerialization
The process of converting physical shares into
dematerialized form is known as
dematerialization.
Dematerialization is for people who hold
physical shares and want to convert them into
electronic form for safekeeping and ease of
trading.
Benefits of Dematerialization
Services
●Dematerialized shares are electronic and can
be accessed and traded from anywhere.
●There is no risk of physical damage, loss, or
theft of dematerialized shares.
●It eliminates the need for the physical transfer
of shares, which is time-consuming and
involves additional costs.
●It makes it easier for investors to keep track of
their investments and transactions.
Eligibility - Physical to Demat
Conversion
You must hold physical shares of companies
that are eligible for dematerialization.
You must have a Demat account with a
depository participant (DP).
You must provide the necessary documents,
including share certificates, identity proof,
address proof, and bank details.
The Process
1. You must submit your physical share
certificates to Rurash Financial Services.
2. We will verify the share certificates and submit
them to the DP for dematerialization.
3. The DP will credit the dematerialized shares to
your demat account.
4. At last, we will inform you of the successful
dematerialization.
Our Charges
Rurash Financial Services charges a
nominal fee for the dematerialization service.
You may also have to pay a fee to the DP for
opening a demat account and for the
dematerialization process.
Why choose Dematerialization
with Rurash?
●Hassle-free
●Transparent
●Customers are informed at every stage
●Competitive Pricing
Conclusion
Customers should consider dematerialization
as it eliminates the risk of physical damage,
loss, or theft of shares and makes it easier to
keep track of investments.
Contact Information:-
●Head Office:-
15, 2nd Floor, Nirlon House, 254-B, Opp. Sasmira, Dr.
Annie Besant Road, Worli, Mumbai – 400030
●Regional Office:-
Rurash Financials Pvt Ltd 605 - 607, B Wing, Mittal
Tower, MG Road, Bengaluru – 560001
●Phone :-
+91 22 41571111
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