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Depository

Overview

Bonanza offers a wide range of financial services under one roof, including reliable Depository Services. Bonanza Portfolio Ltd. is a registered Depository Participant with both CDSL (Central Depository Services Ltd.) and NSDL (National Securities Depository Ltd.), giving you the flexibility to choose your depository and trade conveniently in one place.

We are committed to providing you with the best investment options and products. As a leading Depository Participant, we offer secure, convenient, and hassle-free DEMAT accounts at highly competitive rates.

For unmatched service and a smooth experience, choose Bonanza for your depository needs.

Benefits:

When you buy and sell shares through a depository with Bonanza, you get many benefits:

  • No worries about bad deliveries.
  • No risk of losing, damaging, or having your share certificates stolen.
  • No stamp duty to pay when transferring shares.
  • Everything is handled electronically, which means less paperwork and saves you time.
  • Quick settlement cycles—you can buy, hold, and sell shares easily in electronic form.
  • Your securities are more liquid because transfers and registrations happen faster in your account.
  • You get instant credit of non-cash benefits like bonuses or rights issues.
  • You receive regular updates about your account status.
  • DEMAT charges are economical and competitive, with attractive offers like lifetime free AMC (Annual Maintenance Charges).

With Bonanza, you enjoy a secure, simple, and cost-effective way to manage your shares.

Frequently Answered Questions (FAQs):

1. What is a Depository?
A depository is an organization registered with SEBI (such as NSDL or CDSL) that holds your securities (like shares, bonds, debentures, mutual fund units, etc.) in electronic form and facilitates their transfer, settlement, and safekeeping.

2. What is a Depository Participant?
A Depository Participant (DP) is an agent of the depository (like Bonanza Portfolio Ltd.), authorized by SEBI, through whom investors can open and operate Demat accounts and access depository services.

3. Who is a Beneficiary Owner?
A beneficiary owner (BO) is the person whose name appears in the records of the depository as the holder of the securities in a Demat account.

4. What is BO ID?
BO ID (Beneficiary Owner Identification Number) is a unique 16-digit number assigned to every Demat account holder by the depository (NSDL/CDSL).

5. What is DP ID?
DP ID is the unique identification number allotted to a Depository Participant by the depository (NSDL/CDSL). The combination of DP ID and your client ID forms your Demat account number.

6. How can I keep a track of my share portfolio?
You can track your portfolio by logging into Bonanza’s back office portal, or the respective depository’s (NSDL/CDSL) online portal. You also receive regular statements from your DP and can opt for SMS/email alerts from the depository.

7. What are the services that depositories provide?
Depositories offer services such as dematerialization and rematerialization of securities, transfer and settlement of trades, pledge and hypothecation of securities, corporate action benefits, and electronic holding and transfer of securities.

Forms & Documents: