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FAQ

  • What is the process to open a Demat account?
    • 1 You have to fill up the KYC form.
    • 2Submit Documents (ID proof, Address proof, Bank details, a declaration as per requirement for any documentation, 6 months updated bank statement, Margin cheque, and Canceled check).
    • 3In-person Verification.
    • 4Once the process is complete we will send you Unique Client Code (UCC) number in your registered mail ID.
    • 5Joining kit will be sent to your registered address.
  • Which are the depositories in India?

    NSDL and CDSL

  • What is the use of POA?

    POA stands for Power of Attorney. It is a written authorization or permission to us so that in an emergency situation, we can take any decision regarding your DP account with us, on your behalf.

  • What if I already have a Demat account with another depository?

    If you have a DP account with other company and want to attach the same with us, you need to provide below-mentioned documentation:

    • Client Master of that company
    • DP account. Modification form.

  • What is DIS?

    DIS stands for Delivery Instruction Slip. It is an instrument to get shares from one account to another, within the same depository or inter-depository.

  • What is the procedure to get a new DIS book?
    • 1You have to send a mail to care@narnolia.com from your registered mail ID requesting for requisition form for DIS book.
    • 2Once we will receive your request we will send you the requisition format in your mail ID.
    • 3You have to fill it up and send the hard copy along with your self-attested ID proof to our address mentioned here: 'Narnolia Financial Advisors Limited' , 5th Floor, Arch Waterfront, Block GP, Sector V, Saltlake, Kolkata - 700091.
    • 4After receiving the hard copy, we will send you the DIS book to your registered address.
  • What is the process of On market sale in Narnolia?

    In case of On market sale, Client can directly send the hard copy of the DI slip to the DP department or can submit it through his/her RM. The transaction between client and broker is executed in T+2 days.

  • What is the process of Off market sale in Narnolia?

    In case of Off market sale, Client can directly send the hard copy of the DI slip to the DP department or can submit it through his/her RM. The transaction between NSDL to NSDL shares and CDSL to CDSL shares is executed in T+2 days.

  • What is the process to do inter-depository sale?

    In case of an Inter-depository market sale, Client can directly send the hard copy of the DI slip to the DP department or can submit it through his/her RM. The transaction between NSDL to CDSL shares and CDSL to NSDL shares is executed in T+2 days.

  • What is the process of transfer of shares?
    • 1You have to submit the hard copy of DI slip to our office address mentioned here: 'Narnolia Financial Advisors Limited' , 5th Floor, Arch Waterfront, Block GP, Sector V, Salt Lake, Kolkata700091.
    • 2You can send it via courier or through your assigned RM.
    • 3Transfer of shares can be done on the same day if we receive the request before 4 pm or else the process will be executed on the next working day.
  • What is the Pledge?

    Cash deposit or placing of owned property by a debtor to a creditor as a security for a loan or obligation. The pledgee has an implied right to confiscate and/or sell the pledged property to satisfy his or her claim in case of default.

  • What is the procedure to pledge the shares?
    • 1 You have to send a mail to care@narnolia.com from your registered mail ID requesting for requisition form for the pledge.
    • 2Once we will receive your request we will send you the requisition format in your mail ID.
    • 3You have to fill it up and send the hard copy along with your self-attested ID proof to our below-mentioned address: Narnolia Financial Advisors Limited, 5th Floor, Arch Waterfront, Block GP, Sector V, Salt Lake, Kolkata - 700091.
    • 4As soon as we receive the hard copy, we will send the Pledge book to your registered address.
  • What is the procedure to un-pledge the shares?
    • 1 You can send a mail requesting un-pledge format to care@narnolia.com from your registered mail ID.
    • 2After receiving your request we will send you the form in your mail ID.
    • 3You need to fill up and submit the un-pledge request form hardcopy to DP.
    • 4After checking the pledge sequence number mentioned in the form DP will initiate the pledge closer request.
  • What is the process for Dematerialization?
    • 1You can send a mail to care@narnolia.com requesting dematerialization form.
    • 2After receiving your request we will send you the same via mail.
    • 3You have to fill it up and submit a hard copy of dematerialization Request form to the DP department. Office address: Narnolia Financial Advisors Limited, 5th Floor, Arch Waterfront, Block GP, Sector V, Saltlake, Kolkata- 700091.
    • 4Once the procedure is done we will confirm it via mail.
  • What is the process for Rematerialization?
    • 1You can send a mail to care@narnolia.com requesting rematerialization form.
    • 2After receiving your request we will send you the same via mail.
    • 3You have to fill it up and submit the hard copy of Rematerialization Request form to the DP department. The office address is: Narnolia Financial Advisors Limited, 5th Floor, Arch Waterfront, Block GP, Sector V, Saltlake, Kolkata - 700091.
    • 4Once the procedure is done we will confirm it via mail.
  • How to do transposition in CDSL and NSDL?
    • 1 Transposition stands for changing the order of holders of the shares i.e. the first holder may become the second holder or third holder and vice versa.,
    • 2For NSDL transposition form you can click on the link mentioned here: https://nsdl.co.in › Services › Basic Services
    • 3For CDSL transposition form you can click on the link mentioned here: https://www.cdslindia.com
    • 4After filling up the form you can submit it to the DP department via RM or you can courier to us at: Narnolia Financial Advisors Limited, 5th Floor, Arch Waterfront, Block GP, Sector V, Saltlake, Kolkata - 700091
  • What is the procedure of transmission in Narnolia?

    Transmission is the process by which securities of an exanimate account holder are transferred to the account of the surviving joint holder(s)/nominee/legal heirs of the exanimate account holder by Submission of death certificate along with the relevant legal documents.

  • What are the IDEAS and EASI facility?

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