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:
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:-
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 Demat modification (hard copy) to your nearest MFL branch
Your Muthoot FinCorp Demat Account provides you with a multitude of benefits
Visit our website and click on 'Open Demat Account'
Enter the mobile number & email ID and proceed
Complete the EKYC & add personal details
After verification, Demat account activated
No risk of losing or misplacing physical certificates.
From account opening to viewing statements, all information is available online.
Whether mutual funds or gold traded shares, track all your investments from a single account.
Escalation Matrix |
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Details of |
Contact Person |
Address |
Contact No |
Email Id |
Working Hours |
Client Servicing |
Soumini S |
Muthoot Fincorp, Poothoppil building, Punnen road, trivandrum - 001 |
9.30 am to 5.30 pm |
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Head of Client Servicing |
Ramesh R |
Muthoot Fincorp, Poothoppil building, Punnen road, trivandrum - 001 |
9.30 am to 5.30 pm |
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Alternative Compliance Officer |
Hariharan K |
Muthoot Fincorp, Poothoppil building, Punnen road, trivandrum - 001 |
9.30 am to 5.30 pm |
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Compliance Officer |
Ajay Kanal |
Muthoot Fincorp, Muthoot Centre, Punnen road, trivandrum - 001 |
9.30 am to 5.30 pm |
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CEO |
Shaji Varghese |
Muthoot Fincorp, Poomthoppil building, Punnen road, trivandrum - 001 |
9.30 am to 5.30 pm |
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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.
Over 4,200 Branches across India
134+ years of legacy
Over 24,000 employees serving millions of customer
Walk in of over 1,00,000 customers per day
A Demat account is an account that holds financial securities in electronic form. In India, Demat accounts are maintained by two depository organisations, CDSL (Central Depository Services Limited) and NSDL (National Securities Depository Limited). There are 3 types of Demat account:
A Demat account helps to keep your equity investments, your mutual fund units, bonds, and other financial assets safe and secure in an online electronic environment. Here’s a quick look at some of the other uses of a Demat account:
The documents for the Demat account opening that you need to submit is minimal. Here’s the list.
Opening an online Demat account with Muthoot FinCorp is very easy:
Yes, a Demat account can be opened in single or joint names. However, a Demat account can have a maximum of three account holders -
The key difference between a Demat and a Trading account is that a Demat account is used to hold your securities, such as your share certificates and other documents in electronic format. In contrast, a Trading account is used for buying and selling these securities in the stock market. The combination of Trading, Demat and savings account is known as a 3-in-1 account in the stock market.
For any information or grievance redressal, please write to: wealth@muthoot.com
Reg. Address: Muthoot FinCorp Ltd, Muthoot Centre, Punnen Road, Trivandrum-695039
License Number: IN-DP-409-2019