Depository Participant (DP) offers a safe & convenient way to hold securities in electronic form as compared to paper form. It offers freedom from delays, safety from forge Settlement risks and unnecessary paper work For Depository Services.
Indian Finance Guaranty Limited is a depository participant of National Securities Depository Limited (NSDL). An investor desirous of holding his securities in electronic form can open Demat Account with us by completing necessary account opening formalities. After getting the demat account number from the DP. The account holder can transfer credits for fresh purchases of securities into his demat account or transfer the balances held in demat account held with other DP to this newly opened demat account. He can also tender the securities held by him/her in physical form to DP for dematerialization and credit to their demat account.
