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Which depository am I using to open an account with Arihant ?
There are two types of depositories in India: Central Depository Services Limited (CDSL) and National Securities Depository Limited (NSDL). These depositories help investors to maintain their securities in digital form, ensuring safe and seamless transactions.
Arihant Capital Markets Limited is a depository participant (DP) with both NSDL and CDSL. However, when you open a demat account with Arihant Capital, your depository account is created under CDSL because of ease of operation and smooth . This guarantees that all your securities are securely stored and controlled within the CDSL machine, offering a safe and efficient way to maintain your investments in electronic form.
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