Question:

What are benefits of opening PNB India demat account?

by Guest7065  |  10 years, 7 month(s) ago

0 LIKES UnLike

I want to open PNB  India demat account. I want to know its benefits?

 Tags: account, benefits, demat, India, pnb

   Report
Answer The Question I've Same Question Too

1 ANSWERS

Sort By: Date  |  Rating
  1. Guest3069
    Benefits of opening PNB India demat account are given below.

        * Quick transfer of securities

        * No stamp duty on transfer of securities

        * Elimination of risks associated with physical certificates such as bad delivery, fake securities, etc

        * Reduction in paperwork involved in transfer of securities

        * Reduction in transaction cost

        * Nomination facility

        * Change in address recorded with DP gets registered electronically with all companies in which investor holds securities eliminating the need to correspond with each of them separately

        * Holding investments in equity, debt instruments and Government securities in a single account

        * Automatic credits into demat account, of shares, arising out of split/consolidation/merger etc

Sign In or Sign Up now to answser this question!
You're reading: What are benefits of opening PNB India demat account?

Question Stats

Latest activity: 11 years, 2 month(s) ago.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now