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Here is what you should check before applying for a demat account

Take broker's help and collect the complete list of documents that need to be submitted

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After the Securities and Exchange Board of India (Sebi) mandated that no physical transfer of shares will be allowed from December 5 onward, Pavan Kumar approached his broker to dematerialise (demat) his stocks. The Registrar and Transfer Agent (RTA) rejected his application citing signature mismatch. “After the first rejection, they rejected my application four more times for signature mismatch. They first asked for additional identity documents, then affidavit in a particular format, and finally they asked me to get my signature verified by the branch manager of a nationalised ...