Demat Account

Buy. Sell. Transfer.

Investments made easy with

Demat Account

Demat Account

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize 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.

Wish to Open a Demat Account ?

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

To enroll for our Demat services you will have to open the following accounts

Open Demat Account with 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.

  • 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.

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.

Services / Utilities

Still have some more queries in mind ... Let us help you

We at Bank of Baroda are operating from our Back Office located at the following address :

If not satisfied with response of the Depository Participant, you may contact the concerned Stock Exchange / Depository at the following :

Exchange Web Address Contact No Email-id
BSE www.bseindia.com External website that opens in a new window 022 22728517 is@bseindia.com
NSE www.nseindia.com External website that opens in a new window 1800220058 ignse@nse.co.in
MCX-SX www.mcx-sx.com External website that opens in a new window 022 61129000 info@mcx-sx.com
Depository Web Address Contact No Email-id
CDSL www.cdslindia.com External website that opens in a new window External website that opens in a new window 18002005533 complaints@cdslindia.com
NSDL www.nsdl.co.in External website that opens in a new window External website that opens in a new window 02224994200 relations@nsdl.co.in

You can also lodge your grievances with SEBI at http://scores.gov.in External website that opens in a new window. For any queries, feedback or assistance, please contact SEBI Office on Toll Free Helpline at 1800227575 / 18002667575

Sr No. Title Detail
1 Statutory Charges at the time of Account Opening NIL
2 Advance / Deposit NIL
3 Annual Maintenance Charges. General Customer : For Individuals
  • First year free (for new accounts)
  • From second year onwards Rs.250/-p.a. plus Service Tax (S.T.)
For Non-individual - Rs.550/- plus S.T.
BSDA customers : For Individuals
  • First year free (for new accounts)
  • Thereafter no AMC to be levied if the value of holding is up to

Rs 50,000/- during financial year.

AMC will be charged at Rs 100/- plus S.T. only for the value of holding from Rs 50,001/- up to Rs 2,00,000/- during financial year.

4 Demat Rs.3.00 per certificate with minimum of Rs.34/- plus actual postage plus S.T.
5 Remat NSDL Demat account
Rs 10/- plus actual postage for every hundred securities or part thereof subject to maximum fee of Rs 5,00,000/- or a flat fee of Rs 10/- per certificate whichever is higher for NSDL Demat accounts.,br> CDSL Demat account
Rs.30/- plus S.T. per actual postage per ISIN
6 Transaction Charges General customers
0.03% of market value subject to minimum Rs.20/-+ S.T. per transaction. For Debt instruments and commercial papers 0.03% of market value subject to minimum Rs.20/- plus S.T.per transaction.
BCML Customers
Transaction charges at Rs 15/- plus service tax per debit instruction.
7 KYC registering
Agency Charges
(KRA charges)
KRA charges @Rs 40/- plus service tax plus actual postage for new KYC data to be uploaded. KRA charges @Rs.40/- plus service tax per download will be applied. For modifications in KRA of the existing clients KRA charges @Rs 30/- plus service tax plus actual postage
8 Pledge Creation Rs.100/- + S.T. per ISIN per request
9 Pledge Creation confirmation Rs.100/- + S.T. per ISIN per request
10 Pledge Closure Free
11 Pledge Closure confirmation Free
12 Pledge Invocation Rs.100/- + S.T. per ISIN per request
13 Failed instruction charges NIL
14 Other Charges
  • Additional A/c statement Rs.20/- plus S.T.per request
  • Sign verification or any other certificate & freeze / unfreeze Rs.50/- plus S.T.per request.
  • One DIS booklet of 10 leaves free of cost at the time of a/c opening and thereafter subsequent DIS will be issued @Rs. 20/- +S.T. per booklet of 10 leaves for General Customer.
  • Two DIS slips only will be issued at the time of account opening to BSDA customer.
  • Change of Address/ECS Rs. 30/- plus S.T. per request.
 15 Overdue Charges Interest @18% p.a. will be payable for payment of service charges
after due date
16 Transfer of Securities
from one DP to
another DP
consequent to
account closure
Consequent to closure of account, no charges to be levied , when Beneficiary Owner (BO) transfers all the securities lying in this account to another Branch of the same DP or to DP of the same depository or another depository , provided the BO Accounts at transferee DP and at transferor DP are one and the same i.e. Identical in all respects.
 17 Other Terms &
Conditions
  • Refund of AMC on closure of Demat account will be    on    quarterly basis( e.g. if account is closed in the month of July, refund of AMC will be applicable for remaining two quarters i.e. December & March of the financial year.
  • The service’s not listed above will be charged separately.
  • Cost of Non-Judicial paper or franking is to be borne by the client.
  • All the above charges are applicable uniformly to individuals, non-individual except that AMC are different for individuals and Non –Individuals.
  • The charges are subject to revision from time to time at Bank’s discretion.

Some commonly used abbreviations in depository

Sr. No. Acronym / Short Term Used Meaning
1 AOD Account Opening Document
2 BO Beneficial Owner
3 CDSL Central Depository services (India) Limited
4 CM Clearing Member
5 CH Clearing House
6 DEBOS Depository Back Office System
7 Demat Dematerialization
8 DRF Demat Request Form
9 NSDL National securities Depository Limited
10 POA Proof of Address
11 POI Proof of Identity
12 RFD Request for Demat.
13 ISIN International Securities Identification Number
14 RTA Registrar and Transfer Agent of the co.
15 NSE National Stock Exchange
16 BSE Bombay Stock Exchange
17 NCFM NSC Certification in Financial Markets
18 CH Clearing House
19 ACRF Account Closure Request Form
20 TRF Transposition Request Form
21 TRFD Transmission Request Form along with Dematerialization
22 RRF Dematerialization Request Form
23 DIS Delivery Instruction Slip(Combine slip booklets)
24 PRF Pledge Request Form
25 URF Un-pledge Request Form
26 IRF Invocation Request Form
27 DOT Depository Operations Team
28 CBODPO Central Back Office Depository Participant Operations
29 DP Depository Participant
30 Easi Electronic access to securities information
31 Easiest Electronic access to Securities information and execution of secured transactions.
32 Speed-e Securities Position Easy Electronic Dissemination
33 Simple Submission of Instruction through Mobile Phone Login easily
34 IDeAS Internet based Demat account Statement
35 NISM National Institute of Securities Markets

SIMPLE Do's And Don'ts

DO's

  • Transact only through stock exchanges.
  • Deal only through SEBI registered intermediaries.
  • Complete all the required formalities of opening an account properly (client registration, client agreement forms,etc).
  • Ask for and sign 'Know Your Client Agreement.'
  • Read and properly understand the risks associated with investing in securities/derivatives before undertaking transactions.
  • Assess the risk-return profile of the investment as well as the liquidity and safety aspects before making your investment decision.
  • Ask all relevant questions and clear your doubts with your broker before transacting.
  • Invest, based on sound reasoning after taking into account all publicly available information and on fundamentals.
  • Give clear and unambiguous instructions to your broker/sub-broker/depository participant.
  • Be vigilant in your transactions. Insist on a contract note for your transaction.
  • Verify all details in contract note, immediately on receipt.
  • Crosscheck details of your trade with details as available on the exchange Web site (www.bseindia.com / www.nseindia.com).
  • Scrutinize minutely both the transaction and the holding statements that you receive from your Depository Participant.
  • Keep copies of all your investment documentation.
  • Handle Delivery Instruction Slips (DIS) Book issued by DPs carefully.
  • Insist that the DIS number is pre-printed and your account number (Client ID) is pre-stamped.
  • In case you are not transacting frequently make use of the freezing facilities provided for your Demat Account.
  • Pay the margins required to be paid in the time prescribed.
  • Deliver the shares in case of sale or pay the money in case of purchase within the time prescribed.
  • Participate and vote in general meetings either personally or through proxy.
  • Be aware of your rights and responsibilities.
  • In case of complaints approach the right authorities for redressal in a timely manner.
  • Do use form Request for New PAN Card Or/ And Changes Or Correction in PAN Data for reprint of PAN card or for making changes/correction in PAN data.
  • Do fill the application in block letters in English and preferably with black ink.
  • Do paste a recent color photograph (size 3.5 cm X 2.5 cm).
  • Do provide the signature within the box.
  • Do mention correct PAN.
  • If thumb impression is put on the application form, do get the thumb impression attested by Magistrate or a Notary Public or a Gazetted Officer, under official seal and stamp..
  • Do make sure that, the Name mentioned in application matches exactly with name mentioned in POI and POA.
  • Do tick the column where change is required.
  • Do provide proof to support the requested change.
  • Do write the complete postal address in the application with landmark.
  • Do mention correct pin code in the address field.
  • Do mention telephone number / e mail id.
  • Do attach proof of PAN (copy of PAN card or PAN allotment letter issued by Income Tax Department, if any.) with the application

DON'Ts

  • Transact only through stock exchanges.
  • Deal only through SEBI registered intermediaries.
  • Complete all the required formalities of opening an account properly (client registration, client agreement forms,etc).
  • Ask for and sign 'Know Your Client Agreement.'
  • Read and properly understand the risks associated with investing in securities/derivatives before undertaking transactions.
  • Assess the risk-return profile of the investment as well as the liquidity and safety aspects before making your investment decision.
  • Ask all relevant questions and clear your doubts with your broker before transacting.
  • Invest, based on sound reasoning after taking into account all publicly available information and on fundamentals.
  • Give clear and unambiguous instructions to your broker/sub-broker/depository participant.
  • Be vigilant in your transactions. Insist on a contract note for your transaction.
  • Verify all details in contract note, immediately on receipt.
  • Crosscheck details of your trade with details as available on the exchange Web site (www.bseindia.com / www.nseindia.com).
  • Scrutinize minutely both the transaction and the holding statements that you receive from your Depository Participant.
  • Keep copies of all your investment documentation.
  • Handle Delivery Instruction Slips (DIS) Book issued by DPs carefully.
  • Insist that the DIS number is pre-printed and your account number (Client ID) is pre-stamped.
  • In case you are not transacting frequently make use of the freezing facilities provided for your Demat Account.
  • Pay the margins required to be paid in the time prescribed.
  • Deliver the shares in case of sale or pay the money in case of purchase within the time prescribed.
  • Participate and vote in general meetings either personally or through proxy.
  • Be aware of your rights and responsibilities.
  • In case of complaints approach the right authorities for redressal in a timely manner.
  • Do use form Request for New PAN Card Or/ And Changes Or Correction in PAN Data for reprint of PAN card or for making changes/correction in PAN data.
  • Do fill the application in block letters in English and preferably with black ink.
  • Do paste a recent color photograph (size 3.5 cm X 2.5 cm).
  • Do provide the signature within the box.
  • Do mention correct PAN.
  • If thumb impression is put on the application form, do get the thumb impression attested by Magistrate or a Notary Public or a Gazetted Officer, under official seal and stamp..
  • Do make sure that, the Name mentioned in application matches exactly with name mentioned in POI and POA.
  • Do tick the column where change is required.
  • Do provide proof to support the requested change.
  • Do write the complete postal address in the application with landmark.
  • Do mention correct pin code in the address field.
  • Do mention telephone number / e mail id.
  • Do attach proof of PAN (copy of PAN card or PAN allotment letter issued by Income Tax Department, if any.) with the application

IDeAS(NSDL)

IDeAS (Internet-based Demat Account Statement) is the facility for viewing balances and transactions in the Demat account updated on an online basis with a delay of maximum 30 minutes. This facility is available to the Users of SPEED-e, Clearing Members who have subscribed to IDeAS and to those clients whose Participants are registered for IDeAS.

Functioning of IDeAS

IDeAS https://eservices.nsdl.com External website that opens in a new window is a secured Internet website set-up by NSDL for Demat account holders (including CMs) to view latest balances and transactions in Demat accounts.

Features of IDeAS

1. Clients (Beneficial Owners)

  • Clients can view latest balances along with the value based on the previous day closing price in their Demat account.
  • Client can view transactions that have taken place in their Demat accounts during the last 30 days.
  • Clients can download month-wise statement of transaction for the previous months (maximum 12 months) bearing NSDL's digital signature, which can be verified by using a Signature Verification Utility. The said signature verification utility and detailed procedure regarding installation of Signature Verification Utility is available for download at https://eservices.nsdl.com External website that opens in a new window (i.e. Click the hyperlink download under New Users / IDeAS).

2. Clearing Members (CMs)

CMs will be able to view and download the latest balances and transactions that have taken place in their pool accounts in respect of settlements for the current pay-in date, previous four and next four pay-in dates.

3. Other features

View ISIN-wise positions / transactions for a given market type and settlement number.

View Delivery-out instructions which are in 'overdue' status, for a given market type and settlement number.

Download transactions in the Pool Account and import into back-office system to determine shortages for follow-up with Clients. Download ISIN master to keep the back-office system up-to-date.

Demat

Dematerialization (Demat) is the process by which securities held in physical form evidencing the holding of securities by any person are cancelled and destroyed and the ownership thereof is entered into and retained in a fungible form on a depository by way of electronic balances.

Demat facilitates paperless trading whereby securities transactions are executed electronically reducing / mitigating possibility of loss of related documents and / or fraudulent transactions.

Trading in demat form is regulated by the Depositories Act, 1996 and is monitored by the Securities and Exchange Board of India (SEBI). There are only two depositories presently functioning in India and they are the National Securities Depository Limited (NSDL) & the Central Depository Services (India) Limited (CDSL).

Basic Services Offered by Depositories

Under the provisions of the Depositories Act, the National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL) provide various services to investors and other participants in the capital market. This system, which facilitates paperless trading, offers various direct and indirect services to the market participants.

A depository cannot directly open account and provide services to clients. Any person willing to avail of the services of the depository can do so by entering into an agreement with the depository through any of its Depository Participants (DPs).

Depository Participant (DP)

works as an agent of the depository i.e. NSDL & CDSL. The various activities must be carried out as per prescribed procedures, failing which respective depositories impose financial penalties on DPs during audit and inspection. Hence, between the depository and the investors, the relationship care must be taken while carrying out various activities. Depository Participant (DP) is in fact an intermediary between the investor and the depository and is governed by an agreement made between the two (i.e. investor and DP) under the Depositories Act.

CM : This account can be opened by a broker or by a clearing member for the purpose of settlement of trades executed on a recognized stock exchange.

Benefits of Depository System

  • No stamp duty on transfer of shares.
  • Quick transfers / settlements (the very next day of pay-out).
  • Elimination of bad deliveries, forgery, loss of certificate in transit etc.
  • Reduced paper work (no filling of transfer deed, affixation of stamps and lodgment of shares for transfer with the company.
  • Security of the stocks held as they are held in electronic form and hence no worries of holding the securities physically at home and avoidance of possible loss or theft of the certificate/s; mutilation; forgery etc.
  • Facility to pledge/ hypothecate the securities.
  • Facility of trading in Odd lots.
  • Quick transfer of shares.
  • Nomination facility available (For individuals)
  • In case of death of sole / Joint holder/s easy transmission of shares to the nominee or surviving joint holder/s.
  • Facilitates the Company to determine entitlements like dividends and bonus easily and faster.
Account Opening

To avail of the various services offered by Depositories (NSDL /CDSL), an investor/ a broker / an approved intermediary (for lending & borrowing) has to open an account with a DP.

Types of Accounts

Beneficiary Account

An investor who wants to hold securities in Dematerialized (Demat) form and receive or deliver securities by inter-account transfers must have an account called beneficiary account with a DP of his choice.

Clearing Member Account

Member brokers of those stock exchanges which have established electronic connectivity with NSDL/CDSL need to open a clearing member account, with a DP of his choice, to clear and settle trades in the Demat form. This account is popularly known as Settlement account or "Pool account". This account is meant only to transfer securities to and receive securities from the clearing corporation/ house and hence, the member broker does not have any ownership (beneficiary) rights over the shares held in such an account.

The process of opening a Demat account is very similar to that of a bank account. There are some common details which are required for any type of account opening with the DP, these are:

  • Name of the account holder
  • Date of birth (for individual accounts)
  • Occupation and financial details
  • Address & phone/fax number
  • Bank details like name of bank, type of account (current/savings), account number, branch address, MICR, etc.
  • PAN number
  • Details of nomination (for individual accounts only)
  • Specimen signature.
  • E-mail address
  • Mobile number
  • Address for communication
Online Trading

We are happy to inform you that soft launch of Online Trading is done on 20th July 2012. For further details Please visit www.bobcaps.in External website that opens in a new window and www.barodaetrade.com External website that opens in a new window

Contact Us

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 4921/4935/4937/4944
Fax : 6698 4934
E-mail : demat@bankofbaroda.com

In Case of any grievance / complaint against the stock Broker / Depository Participant:

Compliance Officer of the Bank of Baroda
Mr. Manoj Kumar
E-mail : demat@bankofbaroda.com
Phone No. :022 6698 4921

Assistant General Manager
Mr. Anil K. Sulekh
E-mail : businessresources.bcc@bankofbaroda.com
Phone No. : 022 6698 3277

Sms Alerts

BOB offers you free sms alerts facility in all your Demat Accounts (with BOB). Just fill the sms alerts form and put your mobile number in it.

The SMS alert helps you to a great deal in tracking and monitoring your transactions.

You will be instantly updated as your transaction is done.

SPEED-e (NSDL)

How do I enroll / register for it?

If you wish to avail of this facility, you have the option of password based or smart card based access to SPEED-e. For password based access, you should fill up an online registration form by choosing your own 'User-Id' and 'Password' and then submit the duly filled-in registration form in person to your DP and sign an agreement with the DP.

Benefits of SPEED-e

The most important benefit of SPEED-e is the convenience of submitting delivery instructions. You can access the SPEED-e website from anywhere in the world at any point of time, check balances in your account, submit the instructions and track its status. SPEED-e eliminates the requirement of having to give the delivery instructions in paper form. Close this window.

Easi (CDSL)

How do I Register for Easi?

To register for easi, logon to CDSL's website www.cdslindia.com and click on the link "Register online" in the homepage.

  • elect Register Online.
  • Select the type of user
  • Select the facility (easi) you register for.
  • Enter your BOID (8 digit DPID / 8 digit Client ID) click on submit
  • Enter your details like Login–Id, Email-Id, etc.
  • Entry of Mobile number is mandatory.
  • Print the registration form. 

Submit the registration form to your DP signed by all the account holders for authentication (Note down Login Name, Email ID for your ready reference) You will receive the password at your email-Id. You can commence using easi by entering your ‘User name' and ‘Password' at the homepage of CDSL's site www.cdslindia.com (Click Myeasi) External website that opens in a new window

Benefits of easi to Bo's

  • Viewing and printing details of holdings and/or transactions for last 7 days in their account.
  • Viewing and printing the valuation of holdings in their Demat account based on the previous Day's closing price on BSE.
  • Viewing multiple Demat accounts through a single login id name.
  • Monitoring corporate announcements related to the securities, held in their Demat account. A BO also has the additional option to add up to 25 ISINs not held in their Demat account, but wishes to monitor corporate announcements for such ISINs.

Easiest(CDSL)

What is Easiest?

Electronic Access to Securities Information and Execution of Secured Transactions. This is a facility introduced by CDSL. Using this facility Account Holders can transfer their shares from their DP Account to any account.

Facilities

Submission of debit / credit transaction instructions to effect the following through internet;

  • Off-market
  • On-market
  • Inter-depository
  • Early pay-in transactions

View/Download/Print details of transactions setup directly by you through Internet and update your back office software (if any)

Last 30 days transactions are available

If you subscribe to easiest, all the facilities and benefits of easi are automatically available to you.

You can see below links also

Last Visited Page

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