Depository Services (CDSL & NSDL)
We are a depository participant with the National Securities Depository Limited (NSDL) and Central Depository Services (INDIA) Limited (CDSL). We offer all the facilities like Dematerialization, Rematerialization, Transfer of Demat Shares, Pledging / hypothecation of demat shares etc. to our clients.
BENEFITS OF AVAILING SPFL’S DEPOSITORY SERVICES
Immediate settlement of trades
Easy storage of securities in electronic form
Prevents the risk of bad delivery, theft, forgery or delays etc. as against in physical securities
Transaction charges via depository services are lower as compared to the physical securities
Benefits arising as bonus, split, consolidation or merger are credited automatically into the demat account
Change of address, bank details etc. affected with DP is automatically updated with the corporates, whose shares an investor owns.
Highest level of transparency in managing securities in electronic form through depositories.