To dematerialize physical shares, you must start by filling out a DRF (Demat Request Form). A separate DRF must be filled for each ISIN (International Securities Identification Number) you wish to dematerialize.
You can visit any nearest Kotak Securities branch to collect the DRF. If you require any assistance while filling out the form, you can call your Kotak Securities Relationship Manager or Dealer.
Along with the DRF, you will need to submit the physical share certificates that need to be dematerialised.
You will need to submit your DRF and physical share certificates to the nearest Kotak Securities branch. Please note that we do not accept the dematerialization applications online.
The dematerialization charges are Rs. 3/- per certificate and Rs. 50/- bid.
It can take up to 30 working days for Kotak Securities to dematerialize your shares. The dematerialization request can be rejected by the R&T (Registrar & Transfer) agent if, during the authenticity verification–
The documents are found to be fake
The signatures don’t match
There is a third-party claim
There are any legal conflicts associated with the securities
Note: Your shares will be only dematerialized by Kotak Securities, if you are our client.