How Can We Check Stocks In Demat Account?
There has been a tremendous surge in the number of investors with the inception of the online trading system in India based on demat and trading accounts. A demat account helps you to hold and access all your investments online from the comfort of your home. You can check your stocks in your Demat account by accessing the broker's official portal or mobile application.
Prudent investors do not just rely on the broker's application to check their demat holdings but crosscheck the transactional details on the official portals of central depositories also - the National Securities Depository Ltd (NSDL) and the Central Depository Services Ltd (CDSL). It is vital to check the demat account holding statement regularly to avoid any error during the trade or unauthorized utilization of your stocks. Brokers may use their clients' stocks to fulfill the margin requirements specified by the stock exchange. If you do not receive your stocks in your demat account, you may lose dividends or benefits from other corporate actions on those stocks.
You can download the demat account statement to view detailed transactions for all the stocks and other securities you held in your demat account. It gives you all the information related to all your demat securities at a given point in time. If you find any discrepancy in transactions, you can raise a query timely to resolve the issue.

Comments
Post a Comment