Is there any further benefit of the smart card option in SPEED-e facility?
Following are the additional benefits of smart card option in SPEED-e facility : smart card user can transfer securities to any account unlike password users where transfer of securities is permitted only to three pre-notified broker accounts; single smart card can be used to access all your demat accounts, opened with the same DP; facility of multiple authorisation; you can freeze your demat account or any particular ISIN or specific quantity within an ISIN yourself, through SPEED-e. The account freezed using SPEED-e can be unfreezed only by you. Thereby you can deliver instructions and transfer securities when you wish, lock the account and unlock it only when you need, i.e. complete control of your account in your hands.
Following are the additional benefits of smart card option in SPEED-e facility : • smart card user can transfer securities to any account unlike password users where transfer of securities is permitted only to three pre-notified broker accounts; • single smart card can be used to access all your Demat accounts, opened with the same DP; • facility of multiple authorization; • you can freeze your Demat account or any particular ISIN or specific quantity within an ISIN yourself, through SPEED-e. The account freezed using SPEED-e can be unfreezed only by you. Thereby you can deliver instructions and transfer securities when you wish, lock the account and unlock it only when you need, i.e. complete control of your account in your hands.
Ans. Following are the additional benefits of smart card option in SPEED-e facility : smart card user can transfer securities to any account unlike password users where transfer of securities is permitted only to three pre-notified broker accounts; single smart card can be used to access all your demat accounts, opened with the same DP; facility of multiple authorisation; you can freeze your demat account or any particular ISIN or specific quantity within an ISIN yourself, through SPEED-e. The account freezed using SPEED-e can be unfreezed only by you. Thereby you can deliver instructions and transfer securities when you wish, lock the account and unlock it only when you need, i.e. complete control of your account in your hands. 7.