What is speed-E service in NSDL?

What is speed-E service in NSDL?

SPEED-E is a common Internet Infrastructure that enables the Depository Participants (Participants) to provide depository services to their clients. Demat account holders (including Clearing Members) subscribing to this facility can submit delivery instructions to their DP's through SPEED-e website https://eservices.nsdl.com, instead of submitting delivery instruction slips (in paper form) to their DP's. 


The users of SPEED-e can also check latest balances and transactions in their Demat accounts through a facility called Internet-based Demat Account Statement (IDeAS) and monitor the status of execution of instructions.