The process of converting physical shares into dematerialized form is known as dematerialization.
Dematerialization is for people who hold physical shares and want to convert them into electronic form for safekeeping and ease of trading.
2. What is Dematerialization
The process of converting physical shares into
dematerialized form is known as dematerialization.
Dematerialization is for people who hold physical
shares and want to convert them into electronic
form for safekeeping and ease of trading.
3. Benefits of Dematerialization Services
●Dematerialized shares are electronic and can be
accessed and traded from anywhere.
●There is no risk of physical damage, loss, or theft
of dematerialized shares.
●It eliminates the need for the physical transfer of
shares, which is time-consuming and involves
additional costs.
●It makes it easier for investors to keep track of
their investments and transactions.
4. Eligibility - Physical to Demat
Conversion
You must hold physical shares of companies that
are eligible for dematerialization.
You must have a Demat account with a depository
participant (DP).
You must provide the necessary documents,
including share certificates, identity proof, address
proof, and bank details.
5. The Process
1. You must submit your physical share certificates
to Rurash Financial Services.
2. We will verify the share certificates and submit
them to the DP for dematerialization.
3. The DP will credit the dematerialized shares to
your demat account.
4. At last, we will inform you of the successful
dematerialization.
6. Our Charges
Rurash Financial Services charges a nominal fee
for the dematerialization service. You may also
have to pay a fee to the DP for opening a demat
account and for the dematerialization process.
7. Why choose Dematerialization with
Rurash?
●Hassle-free
●Transparent
●Customers are informed at every stage
●Competitive Pricing
8. Conclusion
Customers should consider dematerialization as it
eliminates the risk of physical damage, loss, or
theft of shares and makes it easier to keep track of
investments.