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NNM Securities Demat Account Review

 
 
 

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NNM Securities Demat Account Review

NNM Securities Private Limited, a major participant in India's financial services market, was founded in 1950 and provides a wide range of brokerage services for stocks, bonds, insurance, corporate deposits, mutual funds, and commodities. The company is committed to offering top-notch services to families, institutions, and retail clients. It has over 10,000 clients spread across various business sectors. NNM Group has helped many SMEs and MSMEs list successfully on major exchanges, which has increased their value to investors and helped them grow. NNM Securities Pvt. Ltd. holds membership in key financial institutions, including the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), Multi Commodity Exchange (MCX), National Commodity and Derivative Exchange (NCDEX), and Central Depository Services Limited (CDSL), and is an ARN holder. NNM Securities Pvt. Ltd. provides an online process for opening demat and trading accounts. Customers can easily open an account through a paperless and fully online process.


NNM Securities Demat Account Opening Charges 

NNM Securities Pvt Ltd demat account opening charges are given below:

Account TypeCharges
Demat Account Opening Charges₹0
Demat Account AMC ChargesRs. 300 per Year


Required Documents for Opening Demat Account with NNM Securities

You need to provide the following documents for opening demat accounts with NNM Securities:

1. Identification Proof: Aadhaar Card, PAN Card (Mandatory), Voter ID, Passport, Driving License

2. Address Proof: Passport, Driving License, Voter ID, Ration Card, Aadhaar Card, Utility Bills (Telephone & Electricity Bills)

3. Bank Proof: Cancelled Cheque, Bank Passbook, Bank Statement

4. Pictorial Proof: Passport-size photos


NNM Securities Demat, Remat, and Other Charges Details

ParticularsCharges
Demat Charges₹100 per request
Remat Charges₹250 per request
Transaction (Debit)Rs. 25/- per instruction
Pledge CreationRs. 50/ Request
Pledge Creation ConfirmationNil
Pledge ClosureRs. 50/ Request
Pledge Closure ConfirmationNil
Pledge InvocationRs. 250/ Request
Failed instruction chargesNil
Postal Charges₹25 per request


Benefits of Demat Account

  • Paperless Transactions: Demat accounts eliminate the need for physical share certificates, enabling electronic trading and reducing paperwork.

  • Easy Access: Investors can access their demat accounts online, making it convenient to manage and monitor their investments from anywhere.

  • Risk Reduction: Physical securities are susceptible to damage, theft, or loss. Demat accounts provide a secure and risk-free way to hold and transact in securities.

  • Faster Settlement: Demat accounts facilitate faster and smoother settlement of trades, reducing the time taken for the transfer of shares compared to the traditional paper-based system.

  • Automatic Updates: Demat accounts are updated automatically with corporate actions such as bonus issues, dividends, and stock splits, ensuring accurate and timely information for investors.

  • Single Account for Multiple Investments: A single demat account can hold various types of securities, including stocks, bonds, and mutual funds, streamlining the management of diverse investments.

  • Real-Time Tracking: Investors can track the performance of their investments in real-time, enabling informed decision-making based on up-to-date market information.


NNM Securities Customer Care Contact Details

Phone: 9768141010
Email: accounts@nnmsecurities.com

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