Depository

Depository

What time does it take to open Demat?
Maximum 3 Days
In how many maximum name scan one account opened?
Maximum 3 names can be included
If the account, say is opened in the name(s) of A and B, can shares standing in the name(s) of B and A be dematted in the Account
Yes, by using a transposition form
Can minor be a nominee ? how?
Yes
Is nominee's photograph and signature required?
Yes
Is it possible to switch charging schemes ? if so, when and how?
Yes, client has to submit annexure A for charge of scheme
Are bank details mandatory for Account Opening?
Yes
What are the documents required to be produced for opening account?

Identity Proof

  • Pass port
  • Voter Card
  • Driving license
  • Pan Card

Address Proof

  • Ration Card
  • Bank Passbook
  • Driving License
  • Pan Card
Frequently for dispatch of various documents
  • Statement of Transactions
  • Statement of Holding
  • Account Ledger
Is it possible to open account under thumb impression ? if so, further details of operating such an account.
Yes
Is it possible to operate Account under PoA ? If so, the standard format for PoA ?
Yes
Is partial dematerialization done by companies/RTA ?
Yes
Procedure for dematerialization
Client has to submit DRF along with share certificate
Possible reason for rejection of Demat Request
Signature mismatch
Is transfer-cum-demat possible?
No
Demat Eligibility ?
  • Equity Status
  • Preference status
  • Debentures
  • Bonds
  • Mutual Fund Scheme
  • Any Other

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