Company Profile
Central Depository Services (India) Limited
Mumbai, Maharashtra, IndiaServices Products - Services,
Public. Ltd. Firm Since 0
A Depository facilitates holding of securities in the electronic form and enables securities transactions to be processed by book entry by a Depository Participant (DP), who as an agent of the depository, offers depository services to investors. According to SEBI guidelines, financial institutions, banks, custodians, stockbrokers, etc. Are eligible to act as DPs. The investor who is known as beneficial owner (BO) has to open a demat account through any DP for dematerialisation of his holdings and transferring securities.
The balances in the investors account recorded and maintained with CDSL can be obtained through the DP. The DP is required to provide the investor, at regular intervals, a statement of account which gives the details of the securities holdings and transactions. The depository system has effectively eliminated paper-based certificates which were prone to be fake, forged, counterfeit resulting in bad deliveries. CDSL offers an efficient and instantaneous transfer of securities.
CDSL was promoted by The Stock Exchange, Mumbai (BSE) jointly with leading banks such as State Bank of India, Bank of India, Bank of Baroda, HDFC Bank, Standard Chartered Bank, Union Bank of India and Centurion Bank.
Products :
CDSL was set up with the objective of providing convenient, dependable and secure depository services at affordable cost to all market participants. Our Products of 1)Electronic Access To Securities Information:-In order to facilitate a CDSL demat account holder to easily adapt to the fast reducing settlement cycle, CDSL has introduced easi, its Internet-enabled services to empower a demat account holder in managing his securities ‘anytime-anywhere’ in an efficient and convenient manner, all in a state-of-the-art secure environment. Easi, which enables a ‘Demat Account Holder or Beneficial Owner’ (BO) / ‘Broker or Clearing Member’ (CM) to view the holdings and transactions. 2)Electronic Access To Securities Information and Execution of Secured Transaction:-In order to facilitate a CDSL demat account holder to easily adapt to the fast reducing settlement cycle, CDSL has introduced easiest, its Internet-enabled services to empower a demat account holder in managing his securities ‘anytime-anywhere’ in an efficient and convenient manner, all in a state-of-the-art secure environment. Easiest, which enables a BO/CM to enter debit/credit instructions on the Internet.
Contact Info
Central Depository Services (India) Limited
Phiroze Jeejeebhoy Towers,16th Floor, Dalal Street
Mumbai - 400 023 (Maharashtra) India
Mobile :
Fax : +91-22-22723199 / 22722072
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