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What is the procedure for receipt of securities in demat form in case of purchase of securities?

April 26, 2017Case demat form procedure purchase RECEIPT securities

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What is the procedure for receipt of securities in demat form in case of purchase of securities?

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Purchaser of securities can give a one time standing instruction to his DP for receiving securities in his account. This standing instruction can be given at the time of opening of account or later. Alternatively an investor may choose to issue separate receipt instruction every time he makes any purchase of securities.