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Beneficiary Account

A beneficiary account is a Demat account in the name of an Individual (single or jointly). Such an account could also be in the name of a Corporate, a partnership firm, a society and a trust. It is similar to a bank account. This account is to be used for transacting in commodity balances held by the account holder at Exchange accredited warehouses. These commodity balances would have been - in a physical process set up - represented through a warehouse receipt.

News On Beneficiary Account
Atal Pension Yojana: HP govt to contribute Rs 1000 per person

04-02-2017| Source:PTI

The Himachal Pradesh government hasdecided to contribute up to Rs 1,000 for each beneficiary ofAtal Pension Yojana Account.

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