DEPOSITORY SERVICE

A Demat account holds the securities, and a trading account allows the investor or buys, sell, or trade in these securities.

Fill out the Demat Request Form (available with every DP) detailing the information of the physical certificates and submit it along with the original certificates to the DP (that is, us). Since every type of security has a different International Securities Identification Number (ISIN), the investor will have to separate forms for every security. Once the DP (that is, us) verifies all the documentation, the DP updates the investor account, and the Depository makes a note of the changes.
The dematerialization procedure is completed in approximately 30 days. On successful completion, an equal number of electronic securities is credited to the holders’ Demat accounts.
If the request is rejected, investors need to contact the DP and seek assistance for the resubmission of a fresh DRF.

You can log in to our back office & go to the “my profile” page, or check out the welcome letter you would have received from the depository (CDSL or NSDL) which will contain all the account information including your Demat account number.

You can get your ISIN number from your holdings statement.

Depository participants levy four kinds of charges (or fees) for a Demat account transaction; they are, account opening fee, annual maintenance fee, custodian fee, and transaction fee.

Depository Participant (DP) charges are levied on all sell transactions of your Demat Account. These charges are exclusive of brokerage and are not reflected in contract notes. DP charges are a flat transaction fee, irrespective of the quantity sold.

The Demat account has a 16-digit numeric character in the case of CDSL, whereas in the case of NSDL, the Demat account number starts with “IN” followed by a 14-digit numeric code. An example of a Demat account number is CDSL can be 01234567890987654 whereas an instance of a Demat account number is NSDL can be IN01234567890987.

You can write a mail to care@acumengroup.in, from your registered e-mail ID.

You can login to our back-office, ACE & view the statement or simply log on to the NSDL or CDSL website and enter your demat number to view your demat account holding statement.
For CDSL :
1.  Log onto the CDSL website at cdslindia.com
2.  Under the ‘Quick Links’ tab on the homepage, select ‘Login’ and login to – CAS.
3.  Proceed to enter your PAN number
4.  Proceed to enter your Demat Account Number
5.  Enter other requested data such as date of birth and complete captcha requirements.
6.  Submit
7.  You will receive an OTP on your registered mobile number which you can use to authenticate the login
If all the details entered are correct, you should now be able to view your CAS and check the demat account statement.

Step 1 – Go to www.cdslindia.com > Click on ‘Register Online’
Step 2 - Next, select the EASIEST option from the menu (EASIEST stands for Electronic Access to Securities Information and Execution of Secured Transaction)
Step 3 – The next step is to fill in the form with the required details. Enter the details such as the DP ID (the ID of Acumen), your BO ID (Beneficial Owner, which is the demat account holder), email, phone number, etc. You will receive a one-time password (OTP) on your registered mobile number. Enter the OTP in the box provided. Once your mobile number Is verified, your registration will be completed within 24-48 hours and you can transfer shares from demat to another online
Step 4 – Once the form has been filled in, the option to ‘Print Form’ has to be selected. After the form has been printed, it will be transferred to the account holder’s DP.
Step 5 – After the DP has finished the verification process of the form, a password will be sent to the account holder’s email id.
Step 6 – Using the provided password, the account holder can log in and begin transferring the required shares.

You will be charged Rs.100 per booklet, to print & courier to your address.

1.  Write us at care@acumengroup.in from your registered mail ID for the request for the transfer.
2.  We will courier you the a DIS book with your name printed on it.
3.  Fill in the DIS book by recording the names of the shares that are to be transferred. Additionally, the ISIN number has to be recorded as well, wherein the ISIN is a 12-digit code required to identify securities. It is essential to correctly enter the ISIN number as the transactions will be processed based on it.
4.  For the next step, the target client ID has to be recorded. It is a 16-character code that includes the ID of the client and the ID of the DP – basically the new Demat account.
5.  This is an important step as it involves the selection of the method of transfer. If the mode of transfer is an intra-depository or an off-market transfer (eg. From an old CDSL account to a new CDSL account), then the column titled ‘off-market transfer’ has to be selected. If the mode of transfer is inter-depository (eg. From an old CDSL account to a new NSDL account), then the ‘inter-depository’ column should be selected. It is important to be cautious when selecting this option.
6.  Once the DIS slip has been filled in, there are a few final steps that need to be taken:
7.  The filled-in and signed DIS slip must be submitted to our head office & we will send you the acknowledgment receipt.
8.  Just to make sure, we will verify the information with a video call.
9.  Finally, you will receive an OTP from our end, which is valid for 24 hours. You will have to verify the same from our team.
It will take between 3-5 business days for the existing broker to transfer the required shares from the old Demat account and for the new broker to receive the shares in the new account.