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StockHolding offers one-stop solutions & e-Service for financial requirements

StockHolding has developed an online electronic system for collection of non-judicial stamp duty and issuance of e-Stamp certificate in digital form for Bank Guarantee in association with Indian Bank Association (IBA) and SWIFT India.Premium
StockHolding has developed an online electronic system for collection of non-judicial stamp duty and issuance of e-Stamp certificate in digital form for Bank Guarantee in association with Indian Bank Association (IBA) and SWIFT India.

StockHolding Corporation of India Limited offers a one stop solution - from personal investment and secure Government investment schemes to e-services.

A). Government Investment Schemes through StockHolding

Putting your money into government investment schemes is a great option for those of us, who like to see our money grow safely and steadily. While market-linked investments can offer attractive returns, and the risk that one takes investing into them can be rewarding; not every investor is cut out for it.

If you are the kind of investor who stays clear of risk, government offerings such as Sovereign Gold Bonds (SGB) and National Pension Scheme (NPS) are safer investment options that you can consider. They are low on risk, make for good investment option with the discounts available online and offer good returns in the long term. They also help diversify your portfolio and mitigate the component of risk.

1). SGB offers the flexibility of holding gold in demat form, without having to buy or store gold in its physical form. The bonds are denominated in units of one gram of gold and its multiples thereof and have an eight year tenure with an exit option from the fifth year onwards.

Further, the Government offers a discount of 50/- per gram for investors purchasing gold through the digital mode. You are assured of the market value of gold at the time of maturity and interest @2.5% pa.

What makes it an attractive investment option is that SGBs are exempt from capital gains tax arising from their redemption and are tradeable on the stock exchange within a fortnight of their issuance on a date notified by the Reserve Bank of India.

2). NPS is one of the best retirement plans currently available , which offers an additional deduction of 50,000 under sector 80CCD (1B). This is open to Indian citizens aged between 18 and 65 years. A subscriber can stay invested in NPS up to 70 years of age.

The Government of India scheme which is monitored by the Pension Fund Regulatory and Development Authority (PFRDA) allows you to build up a corpus for retirement by putting in small amounts every year, which can be used as pension post retirement. NPS offers subscribers the choice to put their money into corporate bonds, government securities or equity. The subscriber is required to open an account with any one of the POPs (Point of Presence) or through eNPS,an online option

The minimum contribution in a Financial Year for a NPS Tier-I account is 1,000.

60 per cent of the total accumulated corpus can be withdrawn if the value is greater than 2 lakhs , at the time of superannuation / attaining age of 60. The low cost coupled with flexibility of various investment and scheme choices are also advantages of NPS

A subscriber can get additional tax benefit under 80CCD(2) for the contribution to his Tier 1 NPS Account , maximum contribution up to 10% of basic salary, through his/her employer.

B). e-Services provided by StockHolding

StockHolding has been working on digitisation and ease of doing business and has rolled out e-Stamping in 22 States / Union Territories (UTs), e-Court fees in 14 States / UTs and e-Registration fee collection system in 6 States / UTs. StockHolding issues, on an average, more than 3,00,000 e-Stamp certificates on a daily basis.

You can also use their e-Stamping and e-Registration facilities to pay stamp duty and registration charges for sale deeds, conveyance deeds, release deeds, relinquishment deeds and partition deeds, making the process hassle-free and simple.

StockHolding has developed an online electronic system for collection of non-judicial stamp duty and issuance of e-Stamp certificate in digital form for Bank Guarantee in association with Indian Bank Association (IBA) and SWIFT India. The e-Stamp number along with the details of the stamp duty gets embossed on the Bank Guarantee, thereby, dispensing with the requirement of e-Stamp certificate. This will pave the way for issuance of bank guarantee in totally paperless electronic form It is already approved by a few State Governments and under consideration of other State Governments in India.

StockHolding has developed an end to end solution for collection of stamp duty and issuance of e-Stamp certificate in digital form for Loan Agreements in association with National e-Governance Services Limited (NeSL). Some State Governments have recently approved the payment of stamp duty through digital e-Stamp certificate where the loan agreements are digitally executed.

The Stockholding portal can also be used by litigants and advocates to pay e-Court fee online and print e-Court fee receipt from the safety of their homes. This can be done for cases pertaining to some of the States

StockHolding Corporation of India Limited offers a one stop solution to all your investment needs , from stocks, derivatives to Fixed Income (FI) products, Mutual Fund schemes, National Pension Scheme, Goldrush plan and Insurance solutions. Started in 1986, it is India’s first and one of the most trusted depository participants.

It has a large online presence and state of the art infrastructure make it one of the country’s largest depository participants, with a strong pedigree of certified professionals on board who promise trustworthy service over three decades. The Corporation has a robust pan-India presence with its network spread across more than 200 branches and trusted by millions of customers. Visit www.stockholding.com and experience the services.

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