POSTED BY October 20, 2011 10:45 am COMMENTS (4)ON
Hi to all,
I have a Trading Account and a DEMAT account (CDSL) With “Sher Khan” Brokerage House. For Tax Saving I will plan to buy IFCI Infra Bonds from KARVY. And I want to buy these bonds on DEMAT form.
Now my question is
1) If I buy Infra bonds in DEMAT form then is it necessary to inform my brokerage house or is it
independent activity along with CDSL?
2) Is my brokerage house will take some charges for that?
3) And after maturity how I will redeem these bonds? Through Booker or is it automatically transfer
in my bank account?
I know these are basic questions but I am a beginner in investing.