PSB Direct

PSB Securities Limited is the Depository Participant (DP) of Central Depository Services (India) Limited (CDSL) offers gamut of DP services in a secure, convenient, paperless and cost effective way to keep track of investors investments in shares and other instruments, over a period of time, without the hassle of handling physical documents that get mutilated or lost in transit.

DP services

Dematerialization of physical securities into electronic form
Rematerialization of electronic securities into physical form
Electronic transfer of securities
Settlement of off-market transactions between BOs
Pledging of dematerialized securities & facilitating loans against shares
Receiving electronic credit in respect of securities allotted by issuers under IPO or otherwise on behalf of demat account holders

Benefits

Immediate settlement of trades
Easy storage of securities in electronic form
Prevents the risk of bad delivery, theft, forgery or delays etc. as against in physical securities
Transaction charges via depository services are lower as compared to the physical securities
Benefits arising as bonus, split, consolidation or merger are credited automatically into the demat account
Highest level of transparency in managing securities in electronic form through depositories
No stamp duty is involved in transfer of securities as the securities are in electronic form.

Demat

DP services

Benefits