LIST OF BRANCHES THAT HAVE BEEN PROVIDED ACCESS TO DPSECURE SOFTWARE OF DEMAT
LIST OF BRANCHES TO WHICH THE ACCESS TO DPSECURE TO BE PROVIDED IN SECOND PHASE
D-MAT SERVICES
Depository

It is a facility for holding securities in Electronic Form

Opening Of Account

Process of opening of Account is very simple. It is similar to opening of Bank Account.

  • Submit an application in the prescribed Form.
  • Submit proof of identity and address, such as PAN Card, Pass Port, Ration Card.

Benefits Of D-Mat A/c

  • Safe & convenient way to hold securities compared to physical form
  • SEBI has made it compulsory for trade in almost all scrips.
  • No stamp duty on transfer of securities
  • Instant transfer of security ensure liquidity
  • Eliminates delays, theft, misuse of certificates
  • Change in name, address by single instruction
  • No odd lot problem, as each single share is a marked lot.
  • Pledging of D-mat securities to avail of loan

Nomination

Nomination facility is available for all individual Accounts – Only one person can be nominated.

Charges Type

NEW RATES

Account Opening

Nil

A/C Maint. (p.a.)

For Individual/HUF Rs.200/- p.a.

For Staff. Rs.100/p.a.

For Corporates. Rs.800/- p.a.

Agreement Cost

Rs 100/-

Receipts/ Purchase(Off Market/ Inter-Dep/on market)

Nil

Sale (Off Market/ Inter-Dep./On Market)

Rs.25/ per trx.

Demat

Rs. 2/- per cert.

Min. Rs 25/-plus postage

Post/Courier.
(For Demat/Remat Req. & retd)

Actual, Min. Rs. 25/-per Co. per Req. & per retd.

Remat

Rs. 50/- per request
Plus postage

Creation of Pledge
For Pledgor only

Rs.50/- per Req.

Unpledge
For Pledgor only

Rs. 50/- per Req.

Invocation of Pledge
(our Branches free)

Rs.50/- per Req.

e asi Facility
(web access to the a/c)

Free

Failed Transaction

Rs.20/- per trx.

Debt Instrument On/Off/Int.Dep.Tr. Sale

Rs.200/- per trx.

*All charges would attract the service tax and/or other such taxes as applicable from time to time. (presently service tax is @ 10.2%)
Quarterly Holding statement free. Additional St.Rs.10/ p. p. +courier charges.Duplicate Inst. Slip Book (5 Slips) Rs.25+ courier charges.
AMC @ monthly pro-rata basis to be recovered in April every year or in the month of opening the account (for new accounts)
The rates are subject to revision from time to time at the discretion of the bank.
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