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Depository Services

Depository Services

There is no transaction possible today without a de mat account. Since a de mat account is very important as it reflects your holdings of various financial instruments it is thus important to look for a reliable Depository participant with whom your holdings and transactions are safe.

At Composite you can open a de mat account and operate it as efficiently and frequently as you like. It is extremely important that your D mat account and trading account should be at one place so that all your deliveries are logged in for pay-in against sales well before the pay in time. This is done at Composite by giving a one-time POA or using speed e facility of NSDL which is available with us. 

Our depository services are very reasonably priced and include online account statements, current valuations, and regular reports on your account.

Our services also make it convenient for you to trade in the T+2 situation. 

 

 

 

 

Attention Investors:

      KYC is a one time exercise while dealing in securities market once KYC is done through a SEBI registered intermediary (Broker, DP Mutual Fund etc.), you need not undergo the same process again when you approach another intermediay.       Prevent unauthorized transaction in your Trading & Demat account- Update your Mobile Number/ email IDs with your Stock Broker & Depository Participant. Receive alerts on your registered Mobile for all debit and other important transaction for your Trading/ Demat account directly from Exchange/ NSDL at the end of the day- “issued in the interest of Investors.”      “Investors are requested to note that Stock Broker Composite Securities Ltd is permitted to receive pay money from/to investor through designated banks accounts only named as Composite Securities Ltd A/C USCNB. It is also required to disclose these client bank accounts to Stock Exchanges. Hence, you are requested to use above bank account only for the purpose of depositing any money for your trading account with us. Kindly make your remittances only through NEFT/RTGS before 6 PM. Kindly do not make any remittances after 6PM.The details of these client bank accounts are also displayed by Stock Exchanges on their Website under “Know/Locate your Stock Broker”       Stock Brokers can accept securities as margin from clients only by way of Pledge in the depository system w.e.f. September 1, 2020.       “Check your Securities/MF/Bonds in the consolidated account statement issued by NSDL/CDSL every month.”