Safety from Loss or Theft
- Eliminates risks associated with physical certificates.
- Securities are stored electronically, reducing chances of loss or theft.
- Protection from damage due to fire, flood, or mishandling.
- Prevents issues like mutilation and forgery.
Easy and Quick Transfer
- Transfer of securities is simple and fast in electronic form.
- No need for cumbersome paperwork or physical delivery.
- Settlements are done electronically with minimal delays.
- Reduces chances of errors during the transfer process.
Lower Costs and Charges
- Saves costs related to stamp duty on transfer of shares.
- Minimizes handling charges and storage expenses.
- Reduces brokerage charges for transactions in electronic form.
- No risk of bad delivery or signature mismatch costs.
Efficient Portfolio Management
- Enables consolidated holding of multiple securities in a single account.
- Simplifies tracking and monitoring of investments.
- Provides easy access to statements and transaction history.
- Facilitates timely receipt of benefits like dividends and bonuses.
Improved Liquidity and Accessibility
- Allows quick buying and selling of securities in the market.
- Enhances liquidity due to faster settlement cycles.
- Securities can be accessed and managed from anywhere.
- Supports seamless pledging of securities for loans.
