- Can I transfer shares to my wife?
- How do I transfer shares from father to son?
- Which is the best bank to open demat account?
- Can I have 2 demat accounts linked to the same bank account?
- What are the minimum and maximum age limits for opening a demat account?
- Can I transfer my demat account to another broker?
- Is Zerodha safe?
- Which demat account is best?
- Can I change my bank account in demat account?
- Is demat account linked with bank account?
- Can a person have 2 demat accounts?
- Which bank account can be linked to Zerodha?
- Which bank is best for Zerodha?
- Is money safe in demat account?
- Is demat account safe?
- Can I link 2 bank accounts to Zerodha?
- Can I transfer my demat account to my wife?
- Which is best demat account for beginners?
- Which bank has lowest charges for demat account?
- What to Know Before opening a demat account?
- What is minimum age for demat account?
Can I transfer shares to my wife?
While you can transfer shares into a tax-free account, such as an Isa or pension, your wife cannot do the same with gifted shares.
To find out more about capital gains tax, visit www.which.co.uk/CGT..
How do I transfer shares from father to son?
You need to pay Transfer charges while filling out a Transfer Deed, which is currently at Rs. 2.5 per Rs. 100 of shares. The value of shares (technically called as Consideration), can be calculated on any particular date as decided by you.
Which is the best bank to open demat account?
Best bank to offer demat account in IndiaICICI Bank.HDFC Bank.Kotak Mahindra Bank.Axis Bank.SBI Bank.Sep 7, 2018
Can I have 2 demat accounts linked to the same bank account?
Yes, you can have as many demat/trading accounts that you want, but you can’t have them with the same broker/DP. … You can link the same bank account to multiple trading accounts. When you buy shares, you can send the shares to the same demat through multiple trading accounts.
What are the minimum and maximum age limits for opening a demat account?
18A demat account can be opened in the name of a minor to hold investments across securities, including shares, debentures and mutual funds. A minor is an individual who has not attained the age of 18. The formalities of opening the account and operating it will be conducted by the guardian on behalf of the minor.
Can I transfer my demat account to another broker?
The transfer of shares from one Demat account to another can be done in two ways – Manual and Online. … For either to transfer, the account holder must have Debit Instruction Slip (DIS Booklet) provided by their Depository Participant (DP). 1. Note that the shares need to be transferred along with their ISIN number.
Is Zerodha safe?
Zerodha is as safe and genuine as any other stock brokers in India. It is regulated by SEBI and is a debt-free company. It has not been involved in any major regulation violation in 10+ years. Read Zerodha – Safe, Reliable & Trustworthy Broker for more detail.
Which demat account is best?
Best Demat Account in India – List of Top 10 Demat Account OnlineRankBrokerRatings1Zerodha Demat Account8.60/102Angel Broking Demat Account8.30/103Sharekhan Demat Account8.18/104Edelweiss Demat Account8.14/106 more rows
Can I change my bank account in demat account?
Demat account can have only one Bank Account at a time. … Change in Demat Account can be done through one-page Modification form along with a copy of the cancelled cheque.
Is demat account linked with bank account?
Your bank account which is linked to the Demat & Trading accounts. You have to transfer money to your trading account from this bank account to buy and sell, the money is received in the same bank account.
Can a person have 2 demat accounts?
While you can have more than one demat account, there are certain conditions that have to be followed. The primary condition is that one cannot have more than one demat account with the same DP. It essentially means that your second demat account cannot be opened through the same stockbroker.
Which bank account can be linked to Zerodha?
Alternate account detailsNSE/BSE (Equity, F&O, Currency)MCX (Commodities)Bank NameHDFC BankHDFC BankAccount TitleZERODHA BROKING LTD – CLIENT ACCOUNTZERODHA COMMODITIES PRIVATE LIMITEDAccount Number5750000030201005230340002150Account typeCurrent accountCurrent account2 more rows
Which bank is best for Zerodha?
IDFC First BankZerodha has an official partnership with IDFC First Bank specifically for seamless trading. Also, IDFC First Bank currently gives the best interest rate on savings account balance (7%).
Is money safe in demat account?
They are as safe and secure as any asset can be. But, eternal vigilance is the price you have to pay as an investor.. But just saying that the shares are safe with the DP is to miss the core point. We have heard of numerous cases where shares have got debited to demat accounts without the knowledge of the holder.
Is demat account safe?
Yes, your Zerodha demat account is safe. The demat account is opened with CDSL (Central Depository Services Limited), one of the 2 central depositories in India. Zerodha’s role in the demat account is limited to acting as an intermediary between the customer and the central depository.
Can I link 2 bank accounts to Zerodha?
You can link 1 primary bank and up to 2 secondary bank accounts to your Zerodha account. … Secondary bank accounts can only be used to add funds to your trading account. If you have a resident individual account, then you can add a secondary bank account via Console.
Can I transfer my demat account to my wife?
Yes, you can transfer shares from any account to your account by giving off-market delivery instructions slip to holders DP. There are some minimum charges to transfer the shares. As you are doing the transfer of shares within a family, so we don’t see any major issue from the income tax department.
Which is best demat account for beginners?
Here is the list of 10 Best Demat Accounts in India,Zerodha demat account.Upstox demat account.Angel Broking demat account.Motilal Oswal demat account.India Infoline (IIFL) demat account.SAS Online demat accountt.Sharekhan demat account.ICICIDirect demat account.More items…•Mar 3, 2021
Which bank has lowest charges for demat account?
Bank Demat Account Charges (3-in-1 Account Charges)BrokerAcct Opening FeeBrokerage (Eq Delivery)ICICI DirectRs 00.55%HDFC SecuritiesRs 9990.50%Kotak SecuritiesRs 7500.49%AxisDirectRs 9000.50%3 more rows
What to Know Before opening a demat account?
Brokerage fees and charges Apart from account opening fees, also check the annual maintenance fee and transaction charges that your demat account is costing you. Transaction charges are the one that you must be careful about because it can vary widely among brokers.
What is minimum age for demat account?
18Any person under the age of 18 is considered a minor in India, and a Demat account can be opened in his/her name.