DEMAT SERVICE
Depositary Participant (DP)/ Demat Services
We are a licensed Depository Participant (DP) from CDS and Clearing Limited. As DP, we act as intermediaries between CDS and the investors who hold Demat account with us. We provide easy, convenient & secure stock depository services for our valuable customers. Demat account let investors convert their physical shares into electronic copy that is centrally registered with CDS and Clearing Limited. This eliminates the risk associated with holding a paper based shares. DP Services are available from our all branches.
We provide the following services:
- Dematerialization (known as demat) or converting of physical certificates of securities to electronic form.
- Re-materialization (know as remat) is reverse of demat, or getting physical certificates from the electronic securities.
- Fast and electronic transfer of securities.
- Change of beneficial ownership (family transfer, death transfer).
- Electronic credit of securities such as IPOs, Bonus Shares, Right Shares.
- Pledging and un-pledging of securities for loan against shares.
Process of Opening Demat Account with us:
- For Individual
- Application form (you can download from our download section).
- Agreement between Beneficial Owner and Depository Participant.
- Citizenship copy.
- Passport size photo.
- Bank account details of Beneficial owner.
- For Minor
- Passport size photo of guardian and photo of minor.
- A copy of Birth-Registration Certificate of Minor.
- Citizenship copy of guardian.
- Bank account details of Beneficial owner.
- For Non-Residential Nepalese
- A copy of NRN Certificate issued by Government of Nepal for Non-Residential Nepalese.
- For Institutions
- Corporate Demat Account Opening form (Annexure 13 of CDS Byelaws, 2068).
- A copy of Company Registration Certificate and PAN certificate.
- A copy of Company Management Letter (Prabhanda Patra).
Click here to apply Online Demat