Our Bank is offering Demat services for the benefit of the customers. Demat services offer secured and convenient way to keep track of your Securities and Investments. Through this facility, customers can open Demat accounts with us through our Designated Branches mentioned hereunder and hold their securities in Electronic form.
We are working as a Depository Participant of ‘National Securities Depository Ltd.’ (NSDL).
Prevent Unauthorized Transactions in your demat account –> Update your Mobile Number with your Depository Participants. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day. Issued in the interest of Investors.
KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheque by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
Procedure for filing of complaints
Open : https://www.scores.gov.in/scores/Welcome.html
Register on SCORES portal
Mandatory details for filing complaints on SCORES (Name, PAN, Address, Mobile Number, Email ID)
Benefits – Effective communication,Speedy redressal of the grievances
Non Periodic Demat A/c Statement : Rs.20/- per Account for each month
Failed Delivery Instruction : Rs. 20/- per Transaction
Other Charges :
Stationary Charges : Rs.25/-
Slip Stop Transfer Charges: Rs.50/-
Modification Charges: Rs.10/-
* Conditions Apply
NSDL – Attention to Investors
No need to present Cheque by Investors while subscribing to IPO. Just write the Bank Account Number and sign in the application form to authorize your Bank to make payment in case of allotment. No worries for refund as the money remains in Investor’s Account.
