7 reasons why corporates should open a demat account?
Minimize paperwork involved with the ownership, trading, and transfer of securities
Immediate credit of allotted bonus/rights into the investor’s account
Protects against risks like forgery, damage and loss (due to fire, theft, mutilation) pertaining to physical certificates
Allows for quicker transactions (buy/sale/transfer) and higher efficiency in trading
Automatic credit of shares created through during Mergers & Acquisitions of companies
Eliminates problems and issues associated with physical securities
Lower Transaction Costs in Demat mode vis-à-vis that in Physical modes
For opening Non Individual Demat account please visit any of your nearest branch of HDFC Bank.