DEMAT Services in India

Can you provide me the details for the DEMAT Services in Bank of Baroda India?

[Shaleen]

Bank of Baroda India’s global Bank now offers you the chance to deal and open a Demat account. You are depository participant of Central Depository Services Ltd as well as National Securities Depository limited

Services / Utilities:
IDeAS(nsdl)
SPEED-e (nsdl)
Easi (cdsl)
Easiest (cdsl)

Benefits of opening the Account with us:
Free account opening
Free 1st year AMC.
Free SMS Alert facility.
Free ASBA (app supported by blocked amount)
Free suggestion
Transparent Services charges as such no hidden charges.

Contact details
The Asst. General Manager/ Chief Manager
Bank of Baroda,
Baroda Sun Tower,
D.O.T. (Demat operation team)
Central Back Office DP Operations (CBODPO)
Ground Floor, C-34, G-Block
Bandra Kurla Complex, Bandra East, MUMBAI- 400 051
Tel: 022 6698 4921/35/36/40; 6698 4934 (Fax)
e-mail : Demat@bankofbaroda.com

Can you tell me in detail about the DEMAT services offered by BOB or Bank of Baroda as I want to open an account?

[Quick Sam]

Bank of Baroda offers the opportunity to deal and open a Demat account. A person, Non-Resident Indian, Foreign Institutional Investor, Trusts, Clearing Houses, Financial Institution, Clearing Members and Mutual Funds can open a Demat account.

List of Required Documents
For trading in the equity market in India one needs to have a Demat account. There are many other benefits which encourage having a Demat account like:

Buy and sell shares and stock of any company listed on the stock exchange of India i.e. NSE and BSE
Make on line investment in mutual fund.
Apply in IPO
Trade in Futures and Options
No threat of loss of shares due to faulty/bogus/forged delivery.
Dividend and issuance of bonus shares are directly credited into linked accounts and Demat accounts respectively.
No share transfer fees or stamp duty.
Application can be made vide facility of ASBA (Application Supported by Blocked Amount) wherein amount does not get debited into the account and is remitted only when shares are allotted.
The shares trading account enables you to view live prices, watch lists and place transactions. The deposit account is linked to the trading account for seamless transfer of funds.

Services / Utilities:
IDeAS(nsdl) : facility to check balance & transactions online.

SPEED-e (nsdl) :
facility to submit delivery instructions to us through SPEED- e website

Easi (cdsl) :
Access of Demat account through the internet to check the details of their holdings / valuation and transactions, corporate announcements, anytime anywhere, through CDSL’s website

Easiest (cdsl) :
Electronic Access to Securities Information and Execution of Secured Transactions.

Benefits of opening the Account :
Free account opening
Free 1st year AMC.
Free SMS Alert facility.
Free ASBA ( app supported by blocked amount)
Free Nomination .
Transparent Services charges as such no hidden charges.

BOB DEMAT Branches