Q. What are the key benefits of a Demat account with Standard Chartered?

• A personalised and numbered Instruction Booklet (similar to a cheque book) for the customer along with compulsory signature verification ensures safety and security in processing of transactions
• Execution of instructions within the applicable timelines

• Full fledged Service Desks at 20 branches across 8 cities
• Unique Transaction cum Holding cum Billing Statement to enable you to understand transactions on your depository account and charges levied in a transparent and convenient manner
• Convenient payment of charges through your existing bank account or Standard Chartered credit card

• Immediate and Convenient Finance Against Securities (FAS) against your Demat Shares at special pricing. An immediate overdraft facility which you can use as per your requirements and pay interest only on the amount and for the period used
• Nominal pledge charges in case shares are pledged for FAS facility from the Demat account opened with us

Q. What are the general advantages of a Demat account?

• Trading in the Demat form eliminates the cumbersome use of paper
• There is no stamp duty applicable on the value of transferred shares compared to the physical mode. This means a saving of nearly 0.5% in stamp costs
• Normally brokerage for Demat shares is lower
• You can save share transaction time by as much as 2 to 3 months. The shares purchased can be transferred to your Demat account immediately on settlement by your broker
• You can maintain address and bank account details for all your investments through single communication with one Depository Participant
• You can also avail Finance facility against Demat shares in a simple and easy manner

Q. How can I open my Demat Account with Standard Chartered?

All you have to do is call any of our Depository Service Centres or Phone Banking lines and we'll assist you with a better understanding of the products and in opening the account.

Q. Where can I get services for my Demat account with Standard Chartered?

You can avail of services on your Demat account at any of our Depository Service Centres.

Q. What is Demat Phone Banking?

As a Demat account holder you can get information on your Demat account through our Phone Banking service in your city.

Q. How frequently will I get a statement pertaining to my Demat account?

You will get a Transaction cum Holding cum Billing Statement on a quarterly basis. In addition you will also receive a monthly statement in case there are any transactions during the month.

Q. What is the tariff of charges for Demat services from Standard Chartered?

Please refer schedule of charges for details on fees and tariff

Q. How should I pay the charges charged to my Demat account?

You can pay your Demat charges by availing of any of these options:

• Direct debit to any of your savings or current account with Standard Chartered
• Debit mandate to your non-SCB account with a scheduled commercial bank, which is participant of the Electronic Clearing Service (ECS) of RBI
• Charge to your Standard Chartered credit card