Demat Account - Demat Conversion

Demat Conversion

Converting physical records of investments into electronic records is called "dematerialising" of securities. In order to dematerialise physical securities, investors must fill in a Demat Request Form (DRF), which is available with the DP and submit the same along with physical certificates. Every security has an ISIN (International Securities Identification Number). A separate DRF must be filled for each ISIN.

The complete process of dematerialisation is outlined below:

• The investor surrenders the certificates for dematerialisation to the DP.
• DP updates the account of the investor.