Depository

Depository Service is a facility for holding ‘Financial Securities’ in electronic form. To avail such services, an investor has to open an account with the Depository through a Depository Participant (DP) who is appointed by the Depository and is authorized to offer depository services to all investors. DP has the responsibility of maintaining the account and updating them as per the instructions given by the investor. DP generates and provides the holdings statement as required by the investor.

‘Vivek Financial’ is a depository participant with National Securities Depository Limited (NSDL)

Important Terms