Q. How to open a Depository Account?
A. Very Simple : Please approach our liaison offices in Abu Dhabi (Tel: 6720000), ,b>Dubai (Tel: 3345000) or our NRI Centre (2830184/85) and DP Centre (2702466/68) at Mumbai with photographs and a proof of identity and fill up the account opening documents. The process of opening an account is similar to opening a bank account.

Q. Can I have multiple DP accounts ?
A. You can have as many accounts as you want with the same DP, as well as with various DP's.

Q. Do I have to keep a minimum balance of securities?
A. NO

Q. What is dematerialisation?
A. This is the process of converting physical securities into an equivalent number of securities in electronic form.

Q.Can I dematerialize any Share certificates?
A.No : You can dematerialise shares of only those companies which are registered with NSDL (Depository).

Q. Can I dematerialize odd lot shares?
A. YES

Q. Do my Dematerialised shares have distinctive and certificate numbers?
A. No, your dematerialized shares will not have any distinctive or certificate numbers. They are fungible.

Q. Can I convert electronic shares into physical certificates?
A. Yes! against your specific request. This procedure is known as Rematerialisation.

Q. Can I get shares through Initial Public Offer in demat form?
A. YES ; In the initial public offer form (of Depository eligible companies), there is a provision to mention the client id and the depository id. You can fill these columns and if you are allotted the shares, they will be credited directly to your account in electronic form.

Q. How do I get my bonus/rights and dividend?
A. Bonus/rights shares will be given in electronic form to the extent of holdings in electronic form. However, if your holdings are in the form of physical certificates, you will receive the shares in physical form only.
Dividend will be sent to the investors directly by the company through mail.

Q. Can I pledge demat shares?
A. Yes, Infact ADCB has a product called which offers financial assistance against pledge of your demat shares.

Q. How much time it takes for the shares to get dematerialised?
A. It takes normally about 3 to 4 weeks for the shares to get dematerialised.

Q. How will I come to know about my holdings?
A. ADCB will send you an updated Holding statement every month and will also send a transaction statement after every 15 days ,if there is a transaction.

Q. What security do I have if the only proof of my holding in depository is merely a piece of paper indicating my security balance?
A. When you open an account with ADCB , you sign an agreement with us by virtue of which we indemnify you for any misuse of your holding. The Depository also insures that the interest of the investors are protected.