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