December 31, 2020
Investor Accounts 2,08,96,069
DP Service Centres 31,281
Demat Custody Value 227.51 (₹ Lakh Crore)
(US$ 3114 billion)

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NSDL Update - News - June 2014

1. Inorder to encourage Clients to make nomination in demat account, nomination process has been simplified whereby clients can now provide any one of the following documents of the nominee and guardian (in case of nominee is minor) at the time of nomination:

a) Nominee's photograph and signature or

b) PAN or

c) Aadhaar number or

d) Details of saving bank account maintained with Participant or

e) Copy of any other proof of identity of nominee (accompanied by originals for verification or duly attested by any entity authorized for attesting the documents as prescribed by SEBI) or

f) Demat account details of nominee.

2. In case of transmission of the securities to Claimant [i.e. the nominee or legal heir(s) or legal representative(s)] where demat account of the claimant is not with the Participant, Participants shall obtain copy of Client Master report of demat account of Claimant.

3.Participants can make additions to the format of the Account Opening Form and changes in the sequence / order of the fields. Deletion of any field is not permitted.

With effect However, Participants may use the existing stock of Account Opening Forms (Part 2 of Annexure J and K) until the stock last. from June 25, 2014, Participants must obtain amended KYC Application Forms (Part 1 of Annexure J and K) in respect of all new clients.

(Ref:Circular Nos. NSDL/POLICY/2013/0143 dated December 27, 2013 & NSDL/POLICY/2014/0060 dated May 13, 2014)

NSDL has informed all its Participants that consequent to transfer of depository operations from Janalaxmi Co-Op. Bank Limited, Nashik (Participant ID IN302121) to The Cosmos Co-Operative Bank Limited, the name of Janalaxmi Co-Op. Bank Limited, Nashik is replaced with that of The Cosmos Co-Operative Bank Limited for the Participant ID IN302121.

(Ref:Circular No. NSDL/PI/2014/1352 dated May 23, 2014)

During May 2014, two more Participants have subscribed to the SPEED-e facility viz.,

  • Matalia Stock Broking Private Limited (DP ID IN303575)
  • Sri Shirdi Capital Services Private Limited (DP ID IN303165)

Clients of the above mentioned Participants can now avail the facility of submitting various instructions through SPEED-e facility.

This takes the total number of Participants who have subscribed to SPEED-e to 139.

  • NCDO/NISM training / certification programmes for Participants

To facilitate officials of Participants to prepare and appear for NISM-Series VI Depository Operations Certification Examination (DOCE), NSDL conducted three such training programmes in May 2014 at Hyderabad, Lucknow & Mumbai which were attended by 40 officials of Participants.

  • CPE Training Programme for Participants

NSDL, an approved NISM Accreditated Continuing Professional Education (CPE) Provider offers CPE training programmes for eligible associated persons of Participants. In May 2014, NSDL conducted 12 such training programmes at various locations viz., Ahmedabad, Bangalore, Chennai, Hyderabad, Jaipur, Kolkata, Mumbai, New Delhi, Pune & Visakhapatnam which were attended by 337 officials of Participants.

  • KYC Training Programme for Participants

In May 2014, NSDL conducted seven ‘KYC requirements for Account Opening’ training programme at Ahmedabad, Chennai, Kolkata, Hyderabad, Bangalore, Kolkata & New Delhi which were attended by 201 officials of Participants. The program focuses on latest developments viz., procedure for opening various depository accounts, BSDA, RGESS, etc., to facilitate efficient functioning of depository operations of Participants.

  • Joint Awareness Programmes with ICICI Securities Limited & J. K. Securities Private Limited:

In order to reach out to investors that are spread across the country and to apprise them about the facilities available in NSDL depository system and the awareness on stock markets, NSDL conducted Joint Awareness Programmes with ICICI Securities Limited at Bhagalpur in Orissa & with J. K. Securities Private Limited at Umreth in Gujarat in May 2014 which were attended by more than 200 investors.

  • Programme towards Women Empowerment

Inorder to reach out to women to impart basic knowledge about investing and about demat & to further equip them to take more knowledgeable investment decisions, NSDL in Joint association with IDFC Mutual Fund conducted a programme for around 25 women in May 2014 covering topics such as SIP, Mutual Funds, Demat and other NSDL products.

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