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— Investor Awareness —

  1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

  2. Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.(issued in the interest of investors.).

  3. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

Demat Onboarding
Muthoot FinCorp gives you the advantage of opening a Demat Account, enabling the instant transfer of securities and eliminating risks such as loss, theft, delays, etc. Conveniently hold your securities electronically with Central Depository Services (India) Ltd (CDSL).
There is very little documentation and paperwork involved in opening your Demat Account with us. Our Demat Account also allows you easy access at any time from any part of the world.
To know more, refer to Investor Charter below:

Updations of KYC

Mandatory Updation of KYC Attributes of Demat Account holders
As per CDSL communique no. CDSL/OPS/DP/POLCY/2021/333 dated 29.07.2021, it is mandatory to update all the Demat accounts with the following 6 KYC attributes:-
  1. Name
  2. Address
  3. PAN
  4. Valid mobile number
  5. Valid email-idm
  6. Income range

For updating Address/PAN: Submit the duly filled Demat modification form & KYC sheet (hard copy) along with self-attested PAN copy & Address proof and passport size colored photograph to your nearest MFL branch

For updating Mobile no./Email id/Income range: Submit the duly filled Degmat modification (hard copy) to your nearest MFL branch.

— Investor Awareness – CDSL MyEasi App —

  1. Consolidated Holdings:View all your securities holdings across both Depositories in one place – no need for multiple logins.

  2. Portfolio Management Made Easy: Access transaction statements and holding statements instantly for better tracking and decision-making.

  3. Monitor Market Positions: Stay updated on your open positions and margin details across Stock Exchanges and Clearing Corporations.

  4. Participate in Corporate Governance: Exercise your right to e vote on company resolutions directly through the app.

  5. Stay Informed: Access recommendations from proxy advisers on resolutions to make more informed voting decisions.

  6. Convenient & Secure: Enjoy real-time, user-friendly, and secure access to your securities portfolio anytime, anywhere.

  7. Multiple Access Options: Use the MyEasi mobile app (available on Google Play Store and Apple App Store) or the Easi/Easiest web platform for seamless access.

— Why choose a Demat account —

Your Muthoot FinCorp Demat Account provides you with a multitude of benefits

✅ Save Tax:
No TDS for NCD holding in Demat Account.
✅ Convert to Physical:
A choice to hold your shares in the physical form if required.
✅ Prompt Transfer:
It allows for immediate transfer of your debentures/securities.
✅ Easy Trading:
Buying and selling financial instruments is now simple and seamless.
✅ Secure your loans:
You can pledge your financial instruments as collateral for a loan.
✅ Comfort & Security:
Safe and convenient way to hold on to your shares, debentures, and more.
✅ Device Agnostic:
With a centralized e-account, multiple access options open up automatically.
✅ Automatic Credit:
Your allotted bonus/right shares are credited into your account.
✅ Minimal Documentation:
Open a Demat Account easily with little documentation involved.
✅ Cost-Effectiveness:
Lower transaction costs when compared to physical transactions.

Steps to open a Demat account

Step 1
STEP 1

Visit our website and click on
"Open Demat Account"

Step 2
STEP 2

Enter the mobile number & email ID and proceed

Step 3
STEP 3

Complete the EKYC & add personal details

Step 4
STEP 4

After verification, Demat account activated

Muthoot Demat Account Benefits

Risk-Free Trading

No risk of losing or
misplacing physical certificates.

End-to-end Digital Process

From account opening to viewing statements, all information is available online.

Amplify your Knowledge

Track all your investments from a single account — whether mutual funds or gold traded shares.

Escalation Matrix

Details of Contact Person Address Contact No Email Id

Client Servicing

Aparna PS/ Parvathy KS

Muthoot Fincorp, Poothoppil building, Punnen road, Trivandrum -695001

0471-4083205

demat@muthoot.com

Escalation

Samith Victor Rodrigues

Muthoot Fincorp, Poothoppil building, Punnen road, Trivandrum -695001

0471-4083202

Samith.victor@muthoot.com

Nodal Officer

Julia Mathew

Muthoot Fincorp, Poothoppil building, Punnen road, Trivandrum -695001

0471-4911626

julia.mathew@muthoot.com

Alternative Compliance Officer

Krishnamoorthy Hariharan

Muthoot Fincorp, Poomthoppil building, Punnen road, Trivandrum - 695001

0471-4083221

k.hariharan@muthoot.com

Principal Compliance Officer

Ajay Kanal

Muthoot Fincorp, Poomthoppil building, Punnen road, Trivandrum - 695001

0471-4911622

ajay.k@muthoot.com

Note : Our Office Working Hour : 9.30AM to 6.00PM except Sunday and Public Holidays

We are part of Muthoot Blue

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on our Core Values. With trust as the bedrock, Group’s core values are Integrity, Collaboration and Excellence which has led us to become one of the top business houses of India today.

  • Branches Icon

    Over 5,200 Branches across India

  • Legacy Icon

    138+ years of legacy

  • Employees Icon

    Over 47,000 Muthootians serving millions of customers

  • Customers Icon

    Walk-in of over 1,00,000 customers per day

SRK

— Frequently Asked Questions —

A Demat account, short for "Dematerialized account," is an electronic account that holds and tracks your investments in securities like stocks, bonds, mutual funds, and exchange-traded funds (ETFs) in digital form, eliminating the need for physical share certificates. It's essential for trading and investing in the Indian stock market and similar systems in other countries.
There are primarily two types of Demat accounts:
Regular Demat Account: This is the standard type of Demat account used by individual investors to hold and manage their securities. It allows you to buy, sell, and transfer various financial instruments electronically.
Repatriable and Non-Repatriable Demat Account: In the context of India, Demat accounts can be categorized as repatriable and non-repatriable, depending on whether the investments can be repatriated or not. Repatriable accounts are for NRIs who want to invest funds from their foreign earnings and repatriate the returns, while non-repatriable accounts are for NRIs who want to invest in India but cannot repatriate the funds easily.
Additionally, there may be variations and specialized Demat accounts offered by different financial institutions, but these are the primary types. It's important to choose the right type of Demat account based on your investment goals and residency status.
Demat accounts offer several benefits and have various uses, especially for investors and traders in the financial markets.
Benefits:
Elimination of Physical Certificates: Demat accounts eliminate the need for physical share certificates, making the process more convenient and secure.
Safe and Secure: Securities held in a Demat account are safe from risks like theft, damage, or forgery.
Easy Transfer of Securities: Transferring securities between Demat accounts is straightforward, reducing paperwork and processing time.
Electronic Trading: Demat accounts are linked to trading accounts, allowing investors to trade stocks and other financial instruments online.
Dividend and Interest Payments: Dividends, interest, and other corporate benefits are automatically credited to the Demat account.
Portfolio Management: Investors can easily monitor and manage their investment portfolio online.
Loan Against Securities: Demat accounts can be used as collateral for loans.
Uses:
Stock Trading: Essential for buying and selling stocks in the stock market.
Investing in Mutual Funds: Investors can invest in and hold mutual fund units in electronic form.
IPO Applications: Applying for IPOs and receiving shares in Demat form has become the standard procedure.
Corporate Actions: Makes it easy to participate in rights issues, bonus issues, and stock splits.
Government Securities: Investors can also hold government securities and bonds in their Demat accounts.
Portfolio Diversification: Hold various asset classes like equities, bonds, and mutual funds in a single account.
Long-Term Investment: Useful for long-term investors looking to build and maintain a diversified portfolio over time.
The documents for the Demat account opening that you need to submit is minimal. Here's the list.
1. Duly filled Demat account opening application form.
2. Duly filled KYC application form.
3. A passport-sized photograph.
4. A photocopy of your PAN card.
5. A photocopy of your proof of identity & address — Aadhaar Card, Voter's ID, Passport or Driving license.
6. Your account proof — Cancelled cheque / recent bank statement / passbook copy with name, IFSC and account number.
Opening an online Demat account with Muthoot FinCorp is very easy:
1. Visit our website.
2. Click on 'Open Demat Account'.
3. Enter the mobile number and submit the OTP you received.
4. Enter the email ID and proceed.
5. Complete the EKYC — upload PAN Card, Aadhar Card, Bank Details etc.
6. Add personal details.
7. After verification, perform e-sign in.
8. Demat account activated.
Yes, it is possible to open a Demat account in the name of joint holders. A joint Demat account allows two or more individuals to share ownership of the securities held in that account.
When opening a joint Demat account, it's essential to specify the names and details of all joint holders. There are typically two modes of operation:
Either or Survivor: Either of the joint holders can independently operate the account. In case of the death of one holder, the surviving holder(s) retain ownership and control.
Jointly: All joint holders must collectively authorize any transactions. This ensures decisions require the consent of all holders.
Keep in mind that rules regarding joint Demat accounts may vary by country and financial institution. Consult your chosen brokerage or depository participant for specific requirements.
Demat and trading accounts are two distinct accounts used in the stock market, each serving a specific purpose.
Nature of Account: A Demat account holds securities in digital form. A trading account is used to buy and sell securities.
Function: Demat account records ownership of securities. Trading account enables placing orders in the stock market.
Associated Transactions: Demat account is associated with credits/debits of securities. Trading account handles market orders, limit orders, stop-loss orders etc.
Ownership: Demat account reflects ownership of securities. Trading account facilitates transactions but does not indicate ownership.
Usage Together: Stocks bought through the trading account are automatically credited to the linked Demat account. Most stock traders use both accounts together for buying and taking delivery of shares.
In summary, a Demat account holds securities in electronic form, while a trading account is for actively executing transactions. These two accounts work in tandem to manage investments and trading efficiently.