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Depository

OVERVIEW

Depository Participants (DP) offer a safe & convenient way to hold securities in electronic form as compared to paper form. It offers freedom from delays, forgeries, settlement risk and paper work. SMC provides an integrated single platform for itsclients ensuring a quick, risk free and efficient process. SMC is participant of Central Depository Services Limited (CDSL), National Securities Depository Limited (NSDL) and Comtrack. SMC, as a depository participant, offers depository accounts to individual investors as well as to corporate houses, which enables them to trade in the dematerialized environment. It is one of the few depository participants offering depository facilities for commodities and are also empanelled with all the commodity exchanges viz. NCDEX, MCX, ACE, UCX, ICEX & NCDEX comtrack.

SMC OFFERINGS

  • De-materialization of physical shares and mutual fund units into electronic form
  • Re-materialization to convert the dematerialized shares and mutual fund units into physical form
  • Inter and intra depository transfer of securities from one demat account to another
  • Pledging of shares and commodities to avail loans
  • Commodity demat account

WHY SMC?

  • Prompt and efficient service
  • Competitive transaction charges
  • Separate desk for HNI and NRI clients
  • Professional service to trading members for their pool accounts
  • Hassle free automated pay-in facility to clients
  • Faster transfer and registration of securities leading to increased liquidity of securities
  • Nationwide branch network
  • Personalized / attentive services by a trained help desk
  • All in one combined monthly bill-cum-transaction-cum-hHolding statement
  • Nationwide network coverage
  • Dedicated relationship manager
  • 24×7 online support