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Demat Account Services in Kochi,Kerala and India

When you want to trade in equity market, you need to have a demat account. Demat account is an account where all the shares purchased by you are accounted in the electronic form. Hence it is mandatory that you need to have demat account in order to trade in stock market.

Most of us who don’t invest regularly in stocks, bonds, gold ETFs, IPO, etc may find maintaining our demat accounts a pain because of the charges. The costs, such as annual maintenance and statement charges, make these accounts relatively expensive. But with the introduction of basic service demat account (BSDA) by SEBI (Securities and Exchange Board of India), the annual maintenance charges structure will be on a slab basis. Here we provide you with the fundamental information about BSDA. Who can open a basic service demat account? The basic services demat account promises to provide limited services at reduced costs to retail investors. These accounts are also called no-frills or basic trading accounts. An individual—who currently has a demat account or plans to open a demat account where he is the only first holder—will be allowed to open the BSDA. The individual needs to ensure that the value of securities held in his basic trading account will not be more than Rs. 2 lakh at any given point of time. According to SEBI circular, all depository participants (DPs) will make basic trading accounts available with limited services and reduced costs. DPs’ will offer BSDA from 1 October 2012.

We offer stock market recommendations to their customers. They suggest several stock picks like large cap recommendations, mid cap recommendations, small cap recommendations and penny-stock recommendations. We also provide variety of research reports. We provide demat account services kochi, demat accounting services in Kerala and demat accounting services in India.

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Pearl Accountants located at Pearl House,SeaPort Airpot Road,Vallathol Junction,Thrikkakkara P.O. , Kochi,Kerala,India.682021 . Reviewed by 1502 customers rated: 4.5 / 5