Glossary
/CDSL Full Form
The full form of CDSL is Central Depository Services Limited.
If you buy shares, they will not arrive in your mailbox as paper certificates. Instead, CDSL holds them digitally for you, acting like a giant electronic vault. It is one of the two main depositories in India, and you can easily tell if your broker uses it by checking if your demat account ID starts with 'IN'. They basically make sure your purchased stocks stay safe and instantly transfer to the buyer when you hit the sell button.