Depository Participants (DP) offers a safe & convenient way to hold securities in electronic form as compared to paper form. It offers freedom from delays, forgeries, settlement risk and paper work.
FICUSWEALTH provides an integrated single platform for our clients ensuring a quick, risk free and efficient process. We are participants of Central Depository Services Limited (CDSL). We believe in efficient, cost-effective and integrated depository services support to our brokerage business. Ficuswealth, as a Depository Participant, offers depository accounts to individual investors as well as corporate houses, which enables them to trade in the dematerialized environment.
Our services -
Dematerialization service where physical shares, debentures, and bonds are converted into electronic form.
Rematerialisation service where dematerialized shares, debentures, bonds are converted into physical form.
Conversion of Mutual Fund Units where mutual fund units represented by Statement of Account is converted into electronic balances.
Delivery Instruction Slip processing where shares are transferred to Pool account in case of Market sell through brokers or Off-Market/Inter DP transfer.
Pledge/Hypothecation Instruction processing where loans can be availed of by pledging electronic shares and commodities.
- Online facility, “EASIEST”, for electronic submission of Delivery Instructions.
- Provision for Power of Attorney.
- SMS alerts for debits, credit, IPO credits, sub-division and bonus of shares and overdue status.
- Corporate benefits such as bonus/dividend gets credited directly into demat account.