Can I add another person as a Joint holder to my account?
You cannot add another person to your existing joint holder account. You will need to deactivate your current account and open a new one as a joint account. Additionally, no more than three members, including yourself, can be added to a joint account.
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Can I open Joint Demat account with Swastika?
Yes, it is possible to open a joint Demat account with Swastika, with a maximum of three holders. The trading account will be registered in the name of the first holder, and all communication will be sent to the first holder only. A maximum of three ...
I already have shares in my old demat account. Can I transfer them to Swastika?
Yes, it is possible to transfer shares from another Demat account to Swastika’s account. You will need to sign a DIS (Delivery Instruction Slip), which is generally free of cost. The account holder must be the same person for the transfer. You can ...
Is nomination mandatory for a demat account?
Yes, it is mandatory for all our clients to add a nominee to their account, although clients also have the option to opt out of adding nominees. You can add up to three nominees for your account, and their preference will be determined by the ...
I already have a Demat Account. Can I only open a Trading account with you?
Yes, you can easily open a trading account with Swastika by linking your existing demat account. However, we recommend opening a new DEMAT account with Swastika to ensure a seamless and paperless online investment experience. If you use a demat ...
How do I add money to my trading account using a cheque?
You can add money to your trading account by drawing a cheque and depositing it at your nearest bank branch. However, we recommend online transfer as it is easier and faster. Our account details are as follows: When transferring money to your Equity ...