A DEPOSITORY CAN BE COMPARED TO A BANK. A DEPOSITORY HOLDS SECURITIES (LIKE SHARES, DEBENTURES, BONDS, GOVERNMENT SECURITIES, UNITS ETC.) OF INVESTORS IN ELECTRONIC FORM. BESIDES HOLDING SECURITIES, A DEPOSITORY ALSO PROVIDES SERVICES RELATED TO TRANSACTIONS IN SECURITIES.

1. SERVICES OFFERED :

•DEMATERIALISATION/ REMATERIALISATION - CONVERTING PHYSICAL CERTIFICATES TO ELECTRONIC FORM; OR VICE   VERSA.
•ELECTRONIC PAY IN /PAY OUT -SETTLEMENT OF TRADES IN STOCK EXCHANGES.
•PLEDGING/HYPOTHECATION: LOAN AGAINST SECURITIES
•ELECTRONIC CREDIT OF SECURITIES ALLOTTED IN PUBLIC ISSUES, RIGHTS ISSUE;
•RECEIPT OF NON-CASH CORPORATE BENEFITS SUCH AS BONUS, IN ELECTRONIC FORM;
•HASSEL FREE PURCHASE & SELL SIGN UP AUTO PAY IN (CLIENTS GIVES POWER OF ATTORNEY TO CM TO TRANSFER THE  SHARES TO EXCHANGE).

2. DEMAT CHARGES (Tariff Structure should be attached)

3. ACCOUNT OPENING :

FOLLOWING TYPES OF DEMAT ACCOUNT CAN BE OPENED
INDIVIDUAL- NORMAL RESIDENT/NRI/HUF
CORPORATE- BODY CORPORATE/BANK/TRUST/MUTUAL FUND/FII/CM/FI/CLEARING HOUSE/OCB

REQUIREMENT FOR OPENING AN ACCOUNT

• FOR INDIVIDUAL CLIENTS

•ACCOUNT OPENING FORM TO BE SUPPORTED WITH THE PROOF OF IDENTITY & RESIDENCE
•PROOF OF IDENTITY & RESIDENCE
•COPY OF PASSPORT /COPY OF DRIVING LICENSE /COPY OF VOTER ID
•IN ABSENCE OF ABOVE DOCUMENTS, PLEASE GIVE US ONE DOCUMENT EACH FROM A & B.
  ALSO IF COMMUNICATION ADDRESS IS DIFFERENT IN THE DOCUMENT SUBMITTED, THAN PLEASE GIVE ANY ONE   DOCUMENT FROM COLUMN B. A. PROOF OF IDENTITY B. PROOF OF RESIDENCE

A. PROOF OF IDENTITY                             B. PROOF OF RESIDENCE
MAPIN CARD                                                 RATION CARD
PHOTO PASSBOOK                                       TELEPHONE BILL (LESS THAN 2MTHS OLD)
PHOTO RATION CARD                                   ELECTRICITY BILL (LESS THAN 2MTHS OLD)
BANK ATTESTATION ON PHOTOGRAPH          SALE/LEASE AGREEMENT / BANK LETTER/

•FOR CORPORATE APPLICANTS:

• CERTIFIED TRUE COPY OF THE BOARD RESOLUTION FOR PERSONS AUTHORIZED TO ACT AS AUTHORISED SIGNATORY(IES).
•MEMORANDUM AND ARTICLE OF ASSOCIATION OF THE COMPANY.
•ONE PASSPORT SIZE PHOTOGRAPH OF EACH AUTHORIZED SIGNATORY.
•PROOF OF IDENTITY & RESIDENCE OF AUTHORISED SIGNATORY.
•PROOF OF ADDRESS OF COMPANY.
•IN ADDITION TO POINT 7 ABOVE, THE FOLLOWING DOCUMENTS ARE TO BE SUBMITTED BY CMS, FIIS, NRI'S AND OCBS:
  COPY OF THE CERTIFICATE OF REGISTRATION WITH SEBI(WHERE APPLICABLE).
  COPY OF THE RBI APPROVAL FOR FIIS,NRIS AND OCBS.

•SOCIETIES:

•COPY OF REGISTRATION CERTIFICATE OF THE SOCIETY.
•COPY OF BYE LAWS OR REGULATIONS OF THE SOCIETY.
•COPY OF COMMITTEE APPROVAL FOR POWERS OF AUTHORIZED SIGNATORY(IES).

•MUTUAL FUNDS (IN THE NAME OF CUSTODIAN IN CASE OF PURCHASE OF SHARES /SECURITIES)

•COPY OF APPROVAL TAKEN FROM SEBI.
•COPY OF DECLARATION OF BENEFICIAL HOLDINGS.

•TRUST

•COPY OF TRUST DEED.
•COPY OF APPROVAL OF TRUSTEES TO INVEST FOR PURCHASE AND SALE OF SECURITIES.
•COPY OF CERTIFICATE OF RECOGNITION ISSUED BY THE COMMISSIONER OF CHARITY TO AVAIL TAX EXEMPTION
•SPECIMEN SIGNATURE OF TRUSTEES.
•COPY OF BANK MANDATE.