Yes Bank Demat Account Charges

Can you tell me in detail about Demat Account of Yes Bank as I am planning to open a Demat Account in Yes Bank?

[Rajkumar Agarwal]

Yes Bank Demat Account offers a secure and convenient way to keep track of shares. The Bank has been enrolled as a Depository Participant with NSDL - India's first depository.


One can avail all the Depository-related services by just opening a Demat account with NSDL through Yes Bank. With a wide range of depository-related services at competitive charges, Demat Account makes it extremely convenient to manage shares and transactions.


Key Attractions
Highly competitive service charges
No stamp duty on transfer of securities held in Demat form


The Advantage of Speed
Immediate transfer of securities
Automatic credit of proceeds resulting from various corporate actions into Yes Bank savings account
Transmission of securities is done by DP, thus eliminating correspondence with companies


The Ease of Convenience
Nomination facility available
Regular statement of account of your transactions/holdings
View Demat Status and request for Delivery Instruction Slip/ Pledge Booklet online


The Benefit of Security
Elimination of risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc


The Support of Personalized Service
The bank offers services of dedicated and trained customer care officers at branch, so transactions are safe and worry-free.