Ways to create physical share to DEMAT

Physical shares refer to the actual paper certificates that represent ownership of a particular company's stock. These certificates are issued by the company and represent a certain number of shares owned by the shareholder.

On the other hand, DEMAT shares refer to shares that are held in electronic or dematerialized form. Instead of a physical certificate, the shares are held in an electronic account known as a DEMAT account. DEMAT shares can be bought and sold in the same way as physical shares, but the ownership and transfer of DEMAT shares is done electronically.

We Clearclaim, will help you to convert all your physical shares to DEMAT by giving you doorstep services.

https://clearclaim.in/blogs/how-to-convert-physical-shares-into-a-demat-online/

Transcript

1. You can get access to lakhs of money if you have physical shares of your parents or grandparents Simple way to convert physical shares in DEMAT
2. Why should you convert physical share into demat? Reasons: • To keep a track of all your investments • To get all benefits like ◦ Dividends ◦ Payouts ◦ Sell and trade • SEBI has made it compulsory to dematerialize all physical shares to DEMAT till 31st march 2023 or else they will be transferred to government welfare funds • DEMAT shares are easily accessible for transfers and trading
3. Parties involved in dematerialisation process 1 Beneficial owner 2 Issuer 3 Depository 4 Depository Participant (DP) Let’s understand every party in depth. Check the next slide!
4. 1 Beneficial owner • The person who owns the share • The person whose name is written on the physical share certificate. 2 Issuer • The company who has issued the shares. Parties involved in dematerialisation process
5. 3 Depository • Government and SEBI had appointed some institutes, who handle all records in electronic format. 4 Depository Participant (DP) • Agents who help us maintain and operate our DEMAT accounts. Parties involved in dematerialisation process
6. Steps to convert physical shares to DEMAT 1 Opening a DEMAT Account 2 Fill the DRF form (Dematerialization Request Form) and certificate to DP Let’s understand the steps in depth. Check the next slide!
7. 1 Create a DEMAT account with a bank or broker E.g: ICICI, Kotak, Zerodha, Upstox etc. Steps to convert physical shares to DEMAT Steps to create a DEMAT account: 1. Search for the depository participant (DP) with whom you want to open the demat account 2. Provide them all the basic details 3. Add bank details 4. Document upload and verification process
8. 2 Fill out the DRF and give it to DP • Fill the DRF form (Dematerialization Request Form) • Your DP will send documents to depository and request for verification • Share certificate will be sent to issuing company • If everything is fine then both will approve & you will get your shares in demat account. Steps to convert physical shares to DEMAT
9. This process looks simple but, it’s very tedious in practical, but don’t worry!! We Clearclaim, will help you to convert all your physical shares to DEMAT by giving you doorstep services. Is this process simple? No, not at all!! www.clearclaim.in Contact us at 91567 01900
10. We helped 60 years old man to recover his ₹12 lakhs He bought some shares in 1992, purchased bonds in 1994 & invested in mutual funds in 1998. He didn’t update his mobile number, nominee, or email id in these investments when things were shifting digital. Through his policy agent, he got to know about us, Clearclaim. We helped him to get his hard-earned ₹12 lakhs. Contact us at 91567 01900 to convert your physical shares into demat.
11. Thank You