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NISM Certifications · NISM-Series-VI: Depository Operations · Functions of Depository Participant - Dematerialisation

A client who holds securities in his demat account wants them back in physical certificate form. Which request should he submit to his DP?

The client should submit a Rematerialisation Request Form (RRF) to his DP. Rematerialisation converts electronic holdings back into physical certificates. The Dematerialisation Request Form is used for the opposite conversion, while transmission and freeze forms serve entirely different account functions.

  1. ARematerialisation Request Form (RRF)Correct
  2. BDematerialisation Request Form (DRF)
  3. CTransmission Request Form
  4. DFreeze Instruction Form

Explanation

Converting electronic holdings back into physical certificates is called rematerialisation and is initiated by a Rematerialisation Request Form submitted to the DP. The DRF is for the reverse conversion. Transmission and freeze forms relate to other functions.

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