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Is it compulsory for me to have a Demat Account?

April 26, 2017account compulsory demat

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Is it compulsory for me to have a Demat Account?

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As per the requirement, all the issues of size in excess of Rs.10 crores, are to made compulsorily in the demat more. Thus, if an investor chooses to apply for an issue that is being made in a compulsory demat mode, he ha to have a demat account and has the responsibility to put the correct DP ID and Client ID details in the bid/application forms.