Question:

What are benefits of opening PNB India demat account?

by Guest22795459  |  9 years ago

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

 Tags: account, benefits, demat, India, pnb

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2 ANSWERS

  1. johnmatt

    There are lots of benifites of opening a demat account like demat account is very helful specially in a share market to do transactions with less paper work.

  2. Banking Expert
    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

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