Yes. You can open more than one account with the same DP. There is no restriction on the number of accounts you can open with a DP.
Learn MoreYou can approach any DP of your choice and fill up an account opening form. At the time of opening an account, you have to sign an agreement with the DP in a NSDL prescribed standard agreement, which details you r and your DP ’s rights and duti e s. You have to submit the …
Learn MoreNSDL offers following facilities : Dematerialization i.e., converting physical certificates to electronic form. Rematerialisation i.e., conversion of securities in Demat form into physical certificates. Facilitating repurchase / redemption of units of mutual funds. Electronic settlement of trades in stock exchanges connected to NSDL. Pledging/hypothecation of dematerialized securities against loan. Electronic credit of securities allotted in …
Learn MoreThe benefits of participation in a depository are : Immediate transfer of securities. No stamp duty on transfer of securities. Elimination of risks associated with physical certificates such as bad delivery , fake securities etc. Reduction in paperwork involved in transfer of securities. Reduction in transaction cost. Nomination facility. Change in address recorded with DP …
Learn MoreA depository interfaces with the investors through its agents called Depository Participants (DPs). If an investor wants to avail the services offered by the depository, the investor has to open an account with a DP. This is similar to opening an account with any branch of a bank in order to utilize the bank’s services. …
Learn MoreA depository can be compared to a bank. A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities.
Learn MoreSee Kalupur Bank’s latest term deposit rates and fees including short term and long-term rates for various term investment products. See the latest rates online. Term Investments
Learn MoreCorporate customers can do any number of transactions as per the transaction cap given as below: Maximum Value of Transactions done within customers own account : No cap Maximum Value of Transactions done to Third party within our Bank : Rs. 10,00,000 Maximum Value of Transactions done to Third party to other Banks : Rs. …
Learn MoreViewing of Balances of all Saving, Current, Recurring, Term Deposit, Over draft and loan accounts attached with the users CIF ID. Viewing of Tax deducted at Source of the term deposit accounts. Viewing of transactions of all Saving, Current, Recurring, Term Deposit, Over draft and loan accounts attached with the users CIF ID. Facility to …
Learn MoreCharges for online fund trasfer is same as per normal branch banking, so charges will be levid at par with ofline trasaction.
Learn More