Status Check, Procedures, Facilities

Organisation : Bank of Baroda
Facility : Open Demat Account

Home Page : https://www.bankofbaroda.in/personal-banking/investments/investment-products/demat
Download Forms here : https://www.bankofbaroda.in/download-forms

Open Demat Account :

India’s premier bank provides you the platform to BUY, SELL, TRANSFER your securities through just 2 Step Process:

Related : Bank of Baroda Instapay Online : www.statusin.in/4566.html

Demat Account Opening and its Benefits :
Bank of Baroda India’s International Bank now offers you the opportunity to deal and open a Demat account. We are depository participant of Central Depository Services Ltd as well as National Securities Depository limited
An individual, Non-Resident Indian, Foreign Institutional Investor, Trusts, Clearing Houses, Financial Institution, Clearing Members and Mutual Funds can open a Demat account.

How To open an account :
For opening a Demat account, you have to fill account opening form and submit a photograph of the applicant along with the photo copies of the following documents and your account number will be intimated to you on completion of processing of your application :

List of Required Documents :
Besides a quick and hassle free process to open an account you will also get additional utilities designed by depositories for customers convenience as below :
For trading in the equity market in India we need to have a Demat account. There are many other benefits which encourage to have 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.