This is another facility which permits you to submit debit/credit transaction instructions to effect off market, on market, inter-depository and early pay in transaction. All benefits of 'Easi' are automatically available to a subscriber of 'Easiest'.
Fees - For 'Easi' - No Charges
For 'Easiest' - 1) Initial Payment of Rs.2,000/- and Renewal Fee of Rs.1,000/- for every two years
- You must be a Demat account holder of our AB Demat under CDSL system
- You must have an E-mail ID
- Visit the web-site www.cdslindia.com to register for the facility, a form will be generated after successful Registration and print the Registration form
- Fill up the registration form and Submit to DP main branch at the following address for activation of the facility
DP Main Branch, 6-3-352/2 & 3, Astral Heights,
Road No.1, Banjara Hills,
Phone 040-24321171 Fax:040-24321170
SEBI DIRECTIVES :
Equity tax savings scheme Tax - Rajiv Gandhi Equity Scheme
Change of Name in the Beneficial Owner (BO) Account
SEBI circular on facility for a basic services Demat account (BSDA)
SUBMISSION OF PAN CARD: For existing Demat Account Holders who have not submitted PAN Card so far to us, pl submit IMMEDIATELY to allow debits and credits of IPO/FPO/Rights Issue, Off market transactions, or any Secondary Market Transactions in you demat accounts from 16/08/2010 as per SEBI CIRCULAR:CIR/MRD/DP/22/2010, DT.29/07/2010
SEBI CIRCULAR NO. CIR/MRD/DP/20/2010, DT. 01/07/2010. Annual Account Maintenance Charges collected upfront on annual basis on your Demat Account will be refunded to you for the balance of the quarter/s incase of Closure of your Demat Account or shifting of your Demat Account to another Depository participant.
For Redressal of investor grievances against Depository Participants (DPs) in SEBI Complaint Redress System (SCORES), Please visit SEBI website at www.sebi.gov.in under the categories "Legal Framework" and "Circular". Beneficiary Owners (BO) may visit the SEBI site for availing the facility.
Prevent Unauthorized Transactions in your Demat account --> Update your Mobile Number with your Depository Participant (Andhra Bank ). Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account directly from NSDL / CDSL on the same day....issued in the interest of investors.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
For any assistance contact our
For further details, you may contact our Andhra Bank Branches.