Depository

Overview

Systematix Shares and Stocks (India) Limited provides depository services to investors as a Depository Participant with Central Depository Services Ltd (CDSL). Trading in the demat mode is the safer and faster alternative to the physical existence of securities. Dematerialisation of securities provides various benefits like no bad deliveries, no risk of loss, mutilation or theft of share certificates, reduced paper work, fast settlement cycles, pledge of shares, faster transfer and registration of securities, and instant disbursement of non-cash benefits like bonus and rights.

Our customer-centric account schemes have been designed keeping in mind the investment psychology. With a competent team of skilled professionals, we have a dedicated Customer Care centre, exclusively trained to handle queries from our customers. With our country-wide network of branches, you are never far from Systematix Shares and Stocks (India) Limited depository services.

At Systematix Shares and Stocks (India) Limited, our commitment is to provide a complete demat solution which is simple, safe and secure. Your Demat account with us takes care of your depository needs like dematerialisation, re-materialisation, transfer and pledging of shares etc. Your demat account is safe and absolutely secure in our hands, every debit instruction is executed only after its authenticity is established.

We also offer you daily updated internet access to your Holding and Transaction Statement.

What We Offer

Quick Account Opening
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Electronic Credit against Corporate Actions
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Pledging Un-pledging of shares
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Dematerialisation of shares
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Re-Materialisation of Shares
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Monthly statements of Holdings / Transactions
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Updating the account based on investors instructions
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SMS update of your account
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Other related services
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Depository Scheme

Scheme A B C D E Remarks
Charges Smart Trade Scheme (With POA) Smart Investors Scheme HNI Investors Scheme Special IPO Scheme Life Time Zero Maintenance Scheme Scheme A is with POA for Systematix
Account Opening/ Closing Charges NIL NIL NIL NIL NIL Stamp Paper Charges Applicable
Annual Account Maintenance ₹ 499/- p.a. ₹ 199/- p.a. ₹ 399/- p.a. ₹ 99/- p.a. NIL*** Upfront Charges
Market Sale Charges NIL ₹ 15 ₹ 12 ₹ 25 NIL Per Transaction
Dematerialisation ₹ 2/- per Certificate ₹ 2/- per Certificate ₹ 2/- per Certificate ₹ 2/- per Certificate ₹ 2/- per Certificate Plus Postal Charges of ₹ 25/- per DRF
Rematerialisation ₹ 15/- per Certificate ₹ 15/- per Certificate ₹ 15/- per Certificate ₹ 15/- per Certificate ₹ 15/- per Certificate CDSL Charges as applicable would be levied
Pledge Creation/ Closure 0.02% of the value (minimum ₹ 25/- per Transaction) 0.02% of the value (minimum ₹ 25/- per Transaction) 0.02% of the value (minimum ₹ 25/- per Transaction) 0.02% of the value (minimum ₹ 25/- per Transaction) 0.02% of the value (minimum ₹ 25/- per Transaction) —-
Margin Pledge/ Unpledge(with POA) ₹ 10/- ₹ 10/- ₹ 10/- ₹ 10/- ₹ 10/- —-
Margin Pledge/ Unpledge(without POA) ₹ 15/- ₹ 15/- ₹ 15/- ₹ 15/- ₹ 15/- —-
Cuspa Pledge/ Unpledge ₹ 7.50/- ₹ 7.50/- ₹ 7.50/- ₹ 7.50/- ₹ 7.50/- Per Request
Freeze or De-Freeze ₹ 25/- ₹ 25/- ₹ 25/- ₹ 25/- ₹ 25/- Per Request
Off market and/or Inter DP transfer ₹ 10/- ₹ 15/- ₹ 12/- ₹ 25/- ₹ 10/- Per Transaction
Holding & Transaction Statements Charges NIL NIL NIL NIL NIL Every extra statement shall be charges at ₹ 20/-
Account Opening/Closing Charges NIL Stamp Paper Charges Applicable
Annual Account Maintenance NO AMC if Holding Value Up to ₹ 4 lakhs If holding Value exceed More than ₹ 4 lakhs but up to ₹ 10 lakhs than ₹ 100/- AMC will be applicable. If Holding Value exceed ₹ 10 lakhs than AMC will be applicable as per Non-BSDA (regular) Scheme Upfront Charges
MArket Sale Charges, Off market/Inter DP Transfer, Dematerialisation, Rematerialisation, Pledge Creation/Closure, Margin Pledge Creation/Closure, CUSPA Pledge Creation/Closure and Freeze or De-Freeze Charges applicable as per Scheme "D" Upfront Charges
Holding & Transaction Statement Charges Physical ₹ 25 Upfront Charges

Notes

  1. SSSIL reserves the right to change tariff by providing 30 days’ notice, and such changes shall be binding on all clients.
  2. Expenses incurred towards communication charges for outstation calls/faxes made at the request of the Client will be charged on an actual basis.
  3. Clients must ensure that their Name, Client ID, and Bill Number are written on the reverse side of every cheque/demand draft deposited by them.
  4. Any advance payment over and above the normal amount due may also be made. Any amount paid in excess of the minimum amount payable at the time of account opening shall be adjusted against bills raised from time to time.
  5. Additional Account Maintenance Charges for Corporate Accounts shall be Rs. 500/- per annum.
  6. I/We agree to pay the charges set out herein above, subject to revisions from time to time, and specifically authorize you to debit all dues/charges as mentioned above to my/our Trading Account.
  7. For cheque bounce cases, a penalty of Rs. 250/- shall be charged to the Client.
  8. SMART registration (SMS Facility) is mandatory for BSDA accounts.
  9. SSSIL may levy interest at the rate of 13% per annum for default in payment of dues.
  10. As a special scheme, the Client shall pay a one-time AMC of Rs. 2,015/- plus applicable GST in advance.

Checklist

Checklist for opening of DP account with Systematix Shares And Stocks (For Individuals, HUF, Minors & NRIs)

MINORS

MINORS

  • Birth certificate of Minor
  • Proof of Address and Identity documents of the Guardian
  • Recent photo of minor as well as guardian. Guardian shall sign across the photograph of the minor
  • PAN Card of Minor
  • PAN Card of Guardian
  • According to the Hindu Guardians and Wards Act, natural parent only can be the Guardians. In any other event, the Guardian has to be appointed by the Court.
INDIVIDUALS

INDIVIDUALS

  • Proof of Identity
  • Proof of address
  • Bank Statement (last six months)
  • Cancelled cheque with mentioned Name and MICR Code
  • Recent photo of each holder
HUF

HUF

  • Declaration from HUF regarding details of family along with their name and date of birth
  • Identity and address proof of Karta
  • PAN card of Karta as well as HUF
  • Bank Statement of HUF (last six months)
  • Cancelled cheque of HUF
  • Recent Photo of Karta
NRIs

NRIs

  • Proof of Identity (copy of Passport/Driving License)
  • Proof of Foreign address and Indian address (if any). [In the case of an NRI A/c without repatriation, proof of Indian address has to be given]
  • Power of Attorney, if any
  • A declaration duly signed by the NRI to comply with, FEMA Regulations and other applicable Laws
  • Undertaking for whenever there is a change in the Residential address, the BO shall inform the DP
  • Recent photograph of NRI

Application Forms

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Form Icon Nomination Form Form Icon Rematerialisation Form Form Icon Transmission Form Form Icon Account Closing Form Form Icon Dematerialisation Form Form Icon Conversion of Mutual Fund Form Form Icon Account Freeze / Unfreeze Form Form Icon Transposition Form Form Icon Margin Pledge / Unpledge Form
Form Icon Redemption of MF Units Form Form Icon SARAL Account Opening Form – Equity for Resident Individuals Form Icon Client Registration form – Equity Trading – Commodity Trading – Demat – SSSIL