Hi All,
I have a trading + demat a/c with ICICIDirect.
My father have 5 SBI shares in physical format.
I want to convert them to demat and transfer to my demat a/c.
I know that, I will have to open an demat a/c in my fathers name.
My querries are -
(1) Can i open only demat a/c in my fathers name, i.e. without trading a/c, and then transfer them to my demat a/c.
(2) Which broker will be good for this transaction.
I have a trading + demat a/c with ICICIDirect.
My father have 5 SBI shares in physical format.
I want to convert them to demat and transfer to my demat a/c.
I know that, I will have to open an demat a/c in my fathers name.
My querries are -
(1) Can i open only demat a/c in my fathers name, i.e. without trading a/c, and then transfer them to my demat a/c.
(2) Which broker will be good for this transaction.