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September 30, 2020 Wednesday, 05:58 Hrs


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Depository

IFCI Financial Services Limited (IFIN) is a depository participant with the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) for trading and settlement of dematerialized shares. At IFIN, we offer depository services to individual and corporate investors.

Dematerialisation and trading in the demat mode is the safer and faster alternative to the physical existence of securities. Demat as a parallel solution offers freedom from delays, thefts, forgeries, settlement risks and paper work. This system works through depository participants (DP’s) who offer demat services and the securities are held in the electronic form for the investor directly by the Depository.

In the depository system, securities are held in depository accounts, which is more or less similar to holding funds in bank accounts. Transfer of ownership of securities is done through simple account transfers. This method does away with all the risks and hassles normally associated with paperwork.

At IFIN, depository services cover a very wide spectrum offering you Demat , Remat , Pledge , Nomination facilities , transmission of securities , Demat for Commodities and E-gold etc to name a few. You also get online access to your demat accounts to help you keep real time track of your holdings.

We offer depository services to create a seamless transaction platform. We have a team of professionals and the latest technological expertise dedicated exclusively to our demat department, apart from a national network, making our services quick, convenient and efficient.

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Sebi single registration no : INZ000254231
MCX : MCX/TCM/CORP/0236; Member ID : 40415; NCDEX-NCDEX/TCM/CORP/0982; Member ID : 01008; National Spot Exchange : Member ID : 12810; AMFI ARN No.2649; IRDA RegNo : CA0050
PMS-INP000003328; Merchant Banking - INM000010247; Non-Life Insurance - Licence No: BAG 989545; Life Insurance - Licence No : LIC 989545; CIN : U74899DL1995GOIO64034

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