How do I benefit from opening demat account.?

There are numerous benefits from a demat account. Some of the advantages are listed below:-

• Lower transactions and settlement costs
• Saving in stamp duty
• Loan against demat shares is cheaper
• Saving in courier charges
• Problem in Bad Delivery is eliminated
• Risk of loss/theft of certificates and/or transfer deed is eliminated
• Faster transfers , compared to 2-3 months delay in physical transfer

Is it compulsory to demat my shares?

Only if you want to sell shares notified by SEBI for compulsory demat.

Can I open multiple accounts?

Yes, just like multiple bank accounts. Separate accounts are required if holders are different e.g. A, A+B,B+A,B will reqire 4 separate accounts.

For demat shares, how will I receive dividenend? What about bonus, rights, etc ?

For demat holdings , rights and bonus will be alloted in demat form, unless you specify otherwise.

How are non pari passu shares distinguished from other shares in NSDL system?

By different ISINs (security code) starting with IN_____

What is an execution date?

Each settlement has an execution date, your broker should tell you this and you must mention it on the delivery instruction form.