Rematerialisation (“Remat”) is the process of converting securities held in electronic form in a Demat account back into physical share certificates.
Forms Required
- Rematerialisation Request Form (RRF)
- Available with Client Depository Participant (DP)
- Separate RRF may be required for each ISIN or folio
- Client Master Report (CMR) (if requested)
- PAN Copy / Aadhaar Copy (if requested by DP)
- DP Acknowledgement Slip
Client can obtain the RRF from DP such as:
- Zerodha
- Groww
- Kotak Securities
- ICICI Direct
- HDFC Securities
- Any NSDL/CDSL Depository Participant
Step-by-Step Rematerialisation Process
Step 1: Request Initiation
- Investor submits a duly filled and signed Rematerialisation Request Form (RRF) to the Depository Participant (DP).
- Investor must ensure sufficient securities are available in the Demat account.
Step 2: Document Verification (TAT: 0 t- 3 days)
The DP verifies:
- Client signature
- DP ID & Client ID
- ISIN details
- Quantity of securities
- Completeness of the form
Ensure:
- Names match exactly with the Demat account
- Sufficient free balance is available in the account
Step 3: System Entry & Securities Blocking (TAT: 4 -7 days)
- The client submits the signed RRF to the DP (Broker/Bank).
- DP enters the rematerialisation request into the NSDL/CDSL system.
- DP verifies the details and blocks the securities in the client’s Demat account.
- A Rematerialisation Request Number (RRN) is generated.
Step 4: Request Forwarding (TAT: 8 -15 days)
- DP forwards the request electronically to the Depository (NSDL/CDSL) and the concerned Registrar & Transfer Agent (RTA).
Step 5: Verification and Certificate Dispatch (TAT: 16 - 30 days)
The RTA:
- Verifies the request
- Prints and Dispatches the physical share certificates to the investor’s registered address
Step 6: Followup at Assetplus.
- Client share a Copy of Physical Certificate
- OPS team follow up to ensure the holding are reflected on the dashboard.
Timeline
- Average processing timeline: 15–30 working days