please find the attchehment.
thank you,
3 Replies
CMA. PRAVEEN V CA FINAL
(cost accountant)
(1402 Points)
Replied 31 May 2011
thanks for sharing.........................
Gupta P K
(accountant)
(83 Points)
Replied 31 May 2011
demat account is the account in which we hold securities(i.e. shares, mutual funds, debentures , fd etc) in electronic form . demat account can be opened under any Depository participants(e.g. Karvy. Kotak. ICICI, HDFC,PNB, Indiabulls etc tec.).In india there are two depositories that is NSDL & CDSL .Under these depositories there are many depository participants.
Point to be noted is that if we open account under NSDL then there is EIGHT DIGITS Client ID & there is also a DP ID. of your depository participant & if we open account under CDSL the there is SIXTEEN DIGITS Client ID
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 31 May 2011
GOOD SHARING.
THANKS - - -- - -- -
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