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Bharat Bhushan Equity Traders Ltd. (BBET) Services

Opening a DP account with BBET

  • You can open a Depository Participant (DP) account with us.
  • IdeAs & Speed- e facility for all clients is important to have access to own account details available online, at all times.
  • There is a minimal one time charge for opening a DP account. Please refer to ‘Charges’ section for details.

BBET has been a member of National Securities Depository Ltd (NSDL) since 1999. BBET offers Depository Services to individual and corporate investors. The Depository basically deals with the process of Dematerialisation of shares. We have a team of professionals and technological capability dedicated to our demat department, offering convenient and efficient services.

We take pride in providing our clients with services and facilities to trade on the NSE and open D-Mat accounts with us.

Dematerialisation (Demat)

Dematerialisation (Demat) is the process by which a client can get physical certificates converted into electronic balances maintained in his account with the DP.

Features of Dematerialisation:
  • Holdings in only those securities that are admitted for dematerialisation by National Securities Depository Ltd (NSDL) can be dematted.
  • Structure of holding in the securities should match with the account structure of the depository account. Now shares in different order of names can also be dematted.

Only those holdings that are registered in the name of the account holder can be dematerialised. Physical shares which have not been transferred and are still there with a transfer deed cannot be dematted. Only a few companies have been given the permission to offer Transfer-cum-Demat. The list of these companies can be viewed in the ‘Scrips for Demat’ section.

Rematerialisation

Rematerialisation is the process by which a client can get his electronic holdings converted into physical certificates. The client has to submit the rematerialisation request to the DP with whom he has an account along with a Remat request form. The physical shares will be posted by the company directly to the clients.

Open an Account

Account opening forms

Please Note:

  1. The agreement must be printed on and signed wherever ’x’ is marked on the form by the account holder/holders.
  2. Please download and sign all  documents together (i.e. Account opening form, Agreement copy and Tariff sheet) and send/ bring it to our office.
  3. While submitting the Account opening forms for Individuals, please bring photocopies of the relevant documents mentioned above..
Account Opening Form MUST DOs:

All investors have to submit their proof of identity and proof of address along with the prescribed account opening form. The form must be signed by client on all pages marked with an ‘x’.

  1. PAN Card: A copy of the relevant PAN (Permanent Account Number) Card is a MUST for all account opening.
  2. Proof of identity: You can submit a copy of Passport, Voters ID card, Driving license or PAN card with photograph.
  3. Proof of address: You can submit a copy of Passport, Voters ID card, Driving license, PAN card with photograph, Ration card or Bank passbook as proof of address. You must remember to take original documents to the DP for verification.
  4. Passport-size photograph: The photograph must be cross signed after it is stuck at the assigned place on the form.
  5. MICR No.: The 9 digit MICR No. of the client’s bank account which he or she wishes to operate on, must be filled in the prescribed place on the form.

The above are mandatory requirements as per Securities and Exchange Board of India.
We have a commitment to provide a complete demat solution, which are secure and safe

Charges

Charges: As per standard charges mentioned in the form.

 
 
 
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