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What security do I have with ProStocks depository if the only proof of my holdings is merely a piece of paper indicating my account balance?
No transaction can be effected in your account without your written authorization. Further, if you are away for a long time, you have the facility of ...[details »] |
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What is to be done if there are any discrepancies in my transaction statement?
In case of any discrepancy in the transaction statement, you can write email to [email protected] or call ProStocks....[details »] |
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At what frequency will I receive my Transaction Statement from ProStocks?
You will receive a Transaction Statement every month if you have done any transaction or once in a quarter if there is no transaction during the perio...[details »] |
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How will I know that ProStocks has updated my account after each transaction?
ProStocks will provide you login name and password of its back office software to view your holding and transaction since beginning. Additionally, Y...[details »] |
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How would I get my bonus shares or other non-cash entitlements in ProStocks depository account?
The concerned company obtains the details of beneficiary holders and their holdings from CDSL. Your entitlement will be credited by the company direct...[details »] |
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How would I get my dividend / interest or other cash entitlements in my ProStocks depository account?
The concerned company obtains the details of beneficiary holders and their holdings from CDSL. The payment to the investors will be made by the compan...[details »] |
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Does ProStocks depository convert electronic holdings back into certificates?
Yes. If you wish to get back your securities in physical form, all you have to do is to request ProStocks for Rematerialisation of the same. 'Remateri...[details »] |
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How long does ProStocks depository take for dematerialization process?
Dematerialization will normally take about 15 to 30 days....[details »] |
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Can I cancel my Pending Demat Request with ProStocks?
Yes, pending demat requests can be cancelled by filling Annexure – A provided by ProStocks depository....[details »] |
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Can I dematerialize any share certificate in my depository account with ProStocks?
You can dematerialize only those certificates that are already registered in your name and are in the list of securities admitted for dematerializatio...[details »] |
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What do you mean by dematerialization and how it works at ProStocks?
Dematerialization is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic form ...[details »] |
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Does ProStocks depository allow you to change the nominee?
Yes, the nomination can be changed anytime by the account holder/s by simply filling up the nomination form once again and submitting it to ProStocks....[details »] |
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In ProStocks depository can a minor be a nominee?
Yes, a minor can be a nominee in ProStocks depository account. Account holder needs to appoint guardian for minor nominee in the form....[details »] |
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Can an NRI be appointed as nominee in ProStocks depository account?
Yes, NRI can be nominated directly in ProStocks depository account. But, the power of attorney holder cannot nominate on behalf of NRI....[details »] |
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Who cannot nominate in ProStocks depository account?
Non-individuals including societies, trusts, body corporate, partnership firms, Karta’s of Hindu Undivided Family, minor, holders of power of attorn...[details »] |
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How many nominees can be appointed in ProStocks depository account?
Only one person can be nominated irrespective of the fact whether the Demat account is held singly/jointly in ProStocks depository....[details »] |
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What is the procedure for nomination in ProStocks depository account?
Nomination can be done either at the time of account opening or later. Nominee name and address is to be provided by account holder. The account holde...[details »] |
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Is it mandatory to nominate in ProStocks depository account?
No, it is not mandatory to give nomination in ProStocks depository but should always be made to avoid hardship caused in future due to not making nomi...[details »] |
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Can the existing corporate Demat with ProStocks be continued in case of a name change?
ProStocks depository allows you to change the name of the corporate Demat account and the existing account can be continued....[details »] |
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Can I add or delete names of account holders (second or third account holder) after opening the account in ProStocks depository?
No. Names of the account holders for ProStocks depository account cannot be changed. If you want to change name or add/delete an accountholder, you ne...[details »] |
