What is a Depository
A Depository is an organisation which holds investors' securities in electronic form. The depository also provides services related to various transactions in such securities. A depository interfaces with its investors through Depository Participants. Depository Participants maintain investors' accounts (demat accounts) which are similar to Savings Bank/Current accounts with a Bank. Purchase and sale of securities can be done through demat account. Presently there are two depositories in India viz., NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Ltd). Our Bank is a Depository Participant of NSDL.
Why Demat Account
Advantages of opening demat account:
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Shares are held in electronic form
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No need to safe keep share certificates;
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No need to remember record dates of various companies
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Immediate transfer of securities
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No stamp duty on transfer of securities
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Risk of bad delivery, fake securities eliminated
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Reduced paper work for transfer of securities
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Reduced transaction cost
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Nomination facility available
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Automatic noting of change of address (updating changed address in the demat account will have the effect of updating changed address with all companies, the shares of which is held / will be held in electronic form).
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Easy transmission of securities. It is sufficient to submit one set of claim papers to DP for transmission of all securities lying in demat account of the deceased.
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Automatic credit of Dividend / bonus shares
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INVESTMENT IN VARIOUS MUTUAL FUNDS MAY ALSO BE HELD IN DEMAT ACCOUNTS
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SMS alerts will be sent by NSDL upon occurrence of the following events, where mobile telephone numbers furnished by clients is captured by DP in the DPM system and SMS flag is ticked:
All Debits and credits (transfers); Credits for IPO, sub-division and bonus
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Failed instructions; Overdue instructions
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Change of mobile number; Change of address
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Credit / debit of Mutual Fund Units
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NSDL has launched ACE (Alerts to Clients through Email) for sending e-mails whenever change of address is noted in DPM system.
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IDeAS (Internet based Demat Account Statement) FACILITY FOR VIEWING AND DOWNLOADING BY DP CLIENTS.
Advantages of Opening Demat Account with Canara Bank
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Multi locational services across the country
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Competitive charges
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Customer friendly service
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IDeAS (Internet based Demat Account Statement) facility available for viewing and downloading transaction statements from internet.
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Online trading facility (OLT) is offered in association with our own broking subsidiary viz., M/s Canara Bank Securities Limited. A wide range of online services like trading in securities, subscription to IPOs, investment in Mutual Funds, trading in Future & Options segment, trading in currency derivatives is offered to our OLT clients. For details customers may be advised to log in to canmoney.in or canarabank.com.
Services available:
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Account opening
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Dematerialisation
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Transfer of securities
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Pledge services
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Freezing and un-freezing the depository account
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Nomination facility
Documents required for opening depository (Demat) account
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Prescribed application form, DP agreement, Tariff Sheet, duly signed
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Pass port size photo of self and of nominee
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Proof of identity :
- PAN Card (Mandatory)- original to be produced for verification
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Proof of address : (copy of any one of the following)
- Bank Pass Book / Ration Card / Pass Port / Voter ID card / Driving Licence (original to be produced for verification)
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Cancelled cheque leaf (proof of bank account details)
Charges:
- Account opening charges - NIL
- Annual account maintenance charges – Rs.200/- + service tax
- Demat Charges – Rs.2/- per certificate (Minimum Rs.10/-) and courier charges Rs.25/- extra
- Transaction Charges :
- Purchase – NIL
- Sale** - 0.020% - Min. Rs.20/-; Max. Rs.500/-
- Pledge Charges :
- Creation / Confirmation : Rs.50/- per ISIN
- Closure / Invocation : Rs.25/- per ISIN
** For OLT Clients- 0.015%: Minimum - Rs.15/- & Maximum-Rs.375/- (OLT- On Line Trading Facility)
Address & Telephone Nos. of Bangalore Central DP Cell & Service Centres
AGRA - M G Road |
71, Nehru Nagar, M G Road, Agra- 282002
(Ph:0562- 2527428)
e-mail: agradp0192@canbank.co.in |
ALIGARH - Main |
Apsara Complex, Subhas Road, Aligarh-202 01
Tel: 0562-2525219
(e-mail: agra0364@canbank.co.in) |
AHMEDABAD
1)Ashram Road
(Fax :079-26578837)
2) Paldi |
Narayan Chambers, Near Nehru Bridge
Ashram Road, Ahmedabad-380009
(Ph: 079-26575497, 26578837)
(e-mail: dpahd1321@canbank.co.in)
23B, Brahma Kshatriya Society,
Santivan, Narayan Nagar Road,
Ahmedabad -380 007
e-mail:ahd0174@ canbank.co.in
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BANGALORE
1) Central DP
Fax:080- 22291697
2) Indiranagar
Fax:080- 25256593
3) Vijayanagar
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Central DP, I floor, Stock exchange Towers
No.51, JC Rd.Cross, Bangalore-560 027
(Ph: 080 – 22228894 / 22274394)
e-mail: candpblr@canbank.co.in
Indiranagar Branch, No.628/4, 1st Stage,
Indiranagar, Bangalore – 560 038
(Ph: 080 - 2521 0608)
e-mail: blrdp0430@canbank.co.in
No.53, Magadi Chord Road, Hosahalli Extn., Vijayanagar,
Bangalore- 560040 (Ph: 080-23387626)
(e-mail: blrdp1146@canbank.co.in)
|
BHOPAL- Arera Colony |
E-5/8-9, Arera Colony, opp. Habibgang Police Station,
Bhopal-462 016
Ph:0755-2464003
(email:bp1147@canbank.co.in) |
CALICUT West Hill |
Sudarshan Bldg., Chakkorathkulam, Cannanore Road,
Calicut-673 011
(Ph:0495-2367750)
e-mail ID:clt0833dsc@canbank.co.in |
CHANDIGARH Sector-17C |
117,118 & 119, Sector 17-C,
Chandigarh – 160 017
(Ph:0172-270604 )
e-mail: chd0385dp@canbank.co.in |
CHENNAI
1)HabibullahRoad
Fax: 044-28345652
2) Teynampet
Fax: 044- 24313662 |
No.150,Habibullah Road
Chennai-600 017
(Ph: 044 - 28345454)
(e-mail: dpcell1283@canbank.co.in)
563/1, Ground Floor, Anna Salai, Teynampet
Chennai – 600 018 (Ph:044-24313662)
(e-mail: Chn0416dp@canbank.co.in) |
COIMBATORE R S Puarm |
100, D B Road, R S Puram, Coimbatore-640 002
Ph: 0422-2541756
e-mail: dpcbr1207@canbank.co.in |
DELHI
1) DP Service Centre
Fax:011-23722047
2) Hauz Khas
Fax: 011-26568680
3) R K Puram
Fax:011-24122205 |
DP Cell, N-1, BMC House,3rd Floor
Connaught circus,
New Delhi-110 001
(Ph:011 – 23321726/23321737)
(e-mail: dpcell2577@canbank.co.in
A-27, Hauz Khas, New Delhi- 110016
(Ph: 011-26858669/26512334/26964090)
e-mail: dphkm1445@canbank.co.in)
12, Aradhana Enclave, Sector-13 R K Puram
New Delhi-110021 (Ph: 011-24122203-07) |
ERNAKULAM Broadway |
Shenoy’s Chambers, Shanmughgam Road
Ernakulam-682 031
Ph:0484-2352338 2361264
e-mail: tvm0803dp@canbank.co.in |
GUWAHATI- Dispur |
I Floor, Radhika Bhaban, Ganesh Guri, Chariali, G S Road,
Dispur-781006 (Ph: 0361-2265504)
e-mai; guwdp1861@canbank.co.in |
GOA- Margoa |
Kamath House, Margoa, Goa- 403601
(Ph: 0832-2715607 / 2737977)
e-mail: hbi0314@canbank.co.in |
HASSAN
Main |
N R Circle, H N Pura Road
HASSAN- 573 201
TelePhone : 08172 265436
Email : dphsn0531@canbank.co.in |
HUBLI
Traffic Island |
Devi Complex, 1st Floor, Club Road, Traffic Island,
HUBLI – 580 029
(Ph: 0836 – 2356850)
(e-mail: hbi0595@canbank.co.in) |
HYDERABAD Narayanguda
Fax: 040-24750318 |
3-5-168-1234, Opp Shanti talkies,
Narayanguda, Hyderabad -500029
(Ph:040- 23438649)
(e-mail: hyd0649dp@canbank.co.in) |
JAIPUR- Arvind Marg |
Arvind Marg Main, M I Road Branch,
Anukampa Mission II, Off M G Road,
Near Ajmeri gate, Jaipur-302001
(0141- 2368154)
e-mail:dpjpr0362@canbank.co.in |
JALANDHAR- BMC Chowk |
BMC Chowk, 51, Mahavir Marg
Jalandhar-144 002
Ph: 0181-2273030, 2225920
e-mail: jnr2098dp@canbank.co.in |
KOLKATA
L C Road Branch
Fax: 033-22832984 |
DP Cell, LC Road Branch
Lala lajpat Rai Sarani,
Kolkata-700 020
(Ph: 033 -22832901)
(e-mail: dpcellkolk0153@canbank.co.in)
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KOTTAYAM K K Road Main |
KMC IX/560, K K Road, Kottayam- 686 001
Ph: 0481- 2563645
e-mail: tvm0809@canbank.co.in |
KURNOOL |
Opp. Indira Park, Park Road, Kurnool-518 001
Ph:08518-220740
(email:tpi0661@canbank.co.in) |
LUCKNOW - Indiranagar |
No. 103, Siddique Plaza , Sector 12, Munshi Pulia Crossing, Indiranagar,
Lucknow - 226016
(Ph:0522-2359581)
e mail id: luck2611dp@canbank.co.in 2359581 |
MADURAI -
Grand central
Fax: 0452- 2347772 |
118B, West Perumal Mastry Street, Madurai - 625001
Tel: 0452- 2340111
email: mdu1008_dpcell@canbank.co.in
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MANGALORE-
Hampankatta
Fax: 0824- 2440826 |
Gokul Market, Near Old Bus Stand,
Mangalore-575 001
(Ph: 0824 - 2440 431/2440084/2441216)
(e-mail: candp0612@canbank.co.in)
|
MUMBAI
1) S&CE Branch,
Fax:022-22674051
2)Vile Parle Branch, FAX:022-26182048
3)Ghatkoppar(W)
FAX: 022- 25138375
4)SSB, Andheri Branch,
5) ULHASNAGAR III
Fax: 0251 – 2734499
6) DOMBIVILI EAST
Fax: 0251 – 2453578
7) CHEMBUR MAIN
Fax: 022 – 2528 5372
8) PRABHADEVI
Fax: 022 – 2436 3122
9) BORIVILI WEST
Fax: 022 – 2890 4616 |
DP Cell, S&CE Branch, Varma Chambers ,
Ground Floor,11, Homji St., Fort,
Mumbai-400 001
(Ph: 022 – 22701058/22701060)
(e-mail: dpcellmcity@canbank.co.in)
No.38, Nehru Road,
Brij Bhuvan, Vile-Parle (East), Mumbai- 400 057
(Ph: 022 – 26175655/22175615)
(e-mail: mcity0224_sdp@canbank.co.in)
R D Shah Building,Opp. Railway station
Ghatkopar (West), Mumbai 400086
(Ph: 022 - 25158852)
(e-mail: mcity0129_sdp@canbank.co.in)
Cement Chawl No. 1,
Jayaprakash Road, Andheri(W),
Mumbai-400 058
(Ph: 022-26239555 26286625)
(e-mail: mcity2667@canbank.co.in)
PB No. 13, Furniture Bazaar,
Ulhasnagar – 3 branch, Thane - 421003
Ph: 0251 – 2733282 / 2732003
e-mail: mcity0213@canbank.co.in
88C, Narayana Patkar Road,
PB No. 3, Dombivili east,
Thane – 421201
Ph: 0251 - 2431300 / 2449454
e-mail: mcity0202@canbank.co.in
PB No. 7249, 70-A, Mangal Smruti
Maharshi Dayanand Saraswathi Marg
Chembur, MUMBAI - 400071
Ph: 022 – 2528 0675 / 2528 5332
e-mail mcity0105@canbank.co.in
Kohinoor building , Veer Sawarkar Marg,
Opposite to SidhiVinayak Temple
Prabhadevi, Mumbai – 400025
Ph: 022 – 2422 9359 / 2528 1936
e-mail: mcity0130@canbank.co.in
1-st Floor, Jayabhadra Villa
SVP Road, Borivili west, MUMBAI 400092
Ph: 022 – 2890 5842 / 2891 2770
e-mail: mcity0126@canbank.co.in
|
MYSORE
Jayalakshmipuram
Fax: 0821- 2511320 |
#6, Ganga Temple Road, Jayalakshmipuram,
MYSORE - 570 012
(Ph:0821-2511188)
blrr0566dp@canbank.co.in
|
NAGPUR
Itwari |
Canara Bank, Itwari Branch, Sarafa bazar,
Nagapur- 440 002
(Ph: 0712-2767792 )
e-mail: dpcellnag@canbank.co.in |
PALGHAT
Big Bazar |
Palghat Big Bazar
PALGHAT-678 014
Tel : 0491 2502407
Email :tvm0811@canarabank.co.in |
PATNA-
Budhmarg
Boring Road
|
Patna-Gaya Road, Patna-800001
(Ph:0612-2225542)
e-mail: pat1434@canbank.co.in
Sahdeo Mahto Marg, Boring Road, Patna-800001
Tel: 0612-2541151-52
(e-mail: pata1967@canbank.co.in
|
PUNE- Camp-Pune |
Red Cross Building, 11, M G Road, Pune Camp
Pune-411 001
(Ph: 020-26131833 / 34)
e-mail: dpcellpunecamp@canbank.co.in |
RANCHI- Doranda |
Doranda, Ranchi- 834002
Tel: 0651- 2480415
email: rci1642@canbank.co.in |
RAJKOT – Main branch |
Tricon Baug, Rajkot - 360 001
(Ph:0281-2234688)
e-mail:ahd0392@canbank.co.in |
SURAT - Nanpura branch |
I Floor, Trade House,Opp. SBI, Athugar Street,
Nanpura,Surat – 395001
(Ph: 0261-2465225)
e-mail:ahd0277@ canbank.co.in |
TRICHY- Thillai Nagar |
11B/26/3, Ananda Towers, Sastry Road, Trichy- 620 018
(Ph: 0431- 2741990)
e-mail: tcidp2997@canbank.co.in |
TRIVANDRUM Cantonment |
Canarabank Bldgs., Spencer Junction,M G Road,
Trivandrum-695001
(Ph: 0417-2331593)
(e-mail: dptvm0819@canbank.co.in) |
UDUPI - Maruthi Veethika |
BEST CO COMPLEX, FIRST FLOOR
WARD NO. 28, DEEN DAYAL CIRCLE
MARUTHI VEETHIKA , UDUPI – 576 101
(Ph: 0820 2521429)
e-mail: mlrdp1986@canbank.co.in |
VADODARA - Alkapuri branch |
R C Dutt Road,Express Hotel,
Alkapuri,Vadodara - 390 005
(Ph:0265- 2353111)
e-mail: ahd0160@ canbank.co.in |
Vishakapatnam
Daba Gardens |
30-15-160, Ward No.17, Daba Gardens Main Road, Besides Pen School,
Surya bagh, Vishakapatnam- 530 020 (AP)
(Ph: 0891- 2547927)
e-mail: vsp0620@canbank.co.in |
PROCEDURE TO BE FOLLOWED BY OUR DP CLIENTS FOR EFFECTING CHANGE OF ADDRESS
THE FOLLOWING ARE MANDATORY AS PER NSDL TO PROCESS REQUEST FOR CHANGE OF ADDRESS:
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Written application for change of address signed by all the Demat clients.
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Any one of the following address proof which contains the new address to enable us to note your change of address: (ADDRESS PROOF SHOULD MATCH THE NEW ADDRESS). For joint account, all the clients have to sign the request for change of address.
- Bank Pass Book Xerox or Bank Statement - Ration card
- Latest Telephone Bill ( not more than 2 months old)
- Driving Licence - Voter’s ID - Pass Port
- Identity Card with address, issued by Central/State Government and
its Departments.
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ALSO any one of the following for Proof of Identity:
- PAN card with photo - Voter ID Card
- Driving Licence - Passport
- Identity Card with address, issued by Central/State Government and its Departments
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Latest transaction statement sent by the DP Cell Bangalore
Further, the client or his authorized representative has to personally visit to submit the above documents and show the originals for verification.
FOR CHANGE OF BANK ACCOUNT:
Please send request letter along with cancelled of cheque leaf of new bank account.
IDeAS facility of NSDL – FOR OUR DP CLIENTS
As a value addition to the existing range of depository services, we have subscribed to IDeAS (Internet based Demat Account Statement) facility of NSDL to enable our clients to log in to NSDL website https://speed-e.nsdl.com for viewing their security balances and transactions in their demat accounts during the last 30 days and also to download month-wise statements for a period of 12 months.
IDeAS is only an additional facility and as such, DP will continue to send periodical statements to clients, irrespective of subscription to this facility.
To avail this facility DP Clients have to log in to https://speed-e.nsdl.com and proceed with the following four steps:
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Click the hyperlink IDeAS under New Users and then click on ‘REGISTER’ under section Clients (Password Users).
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Enter User-Id (between 3 and 8 characters) and Password (between 8 and 16 characters) of your choice (preferably alphanumeric) and fill-up all other particulars and click on 'SUBMIT' button.
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Confirm the details entered on first screen by clicking ‘CONFIRM’ button.
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Lastly, the screen will display an 'Acknowledgment' and 'Registration Number'. DP Clients have to click on “Print of this Registration Form” to print the form with the entered details on first screen, sign it and submit it in person to the nearest service center along with a copy of the latest Transaction Statement for authorization.
SMS ALERT FACILITY OF NSDL- FOR OUR DP CLIENTS
NSDL has launched SMS Alert facility for demat account holders whereby investors can receive alerts for debits (transfers) to their demat accounts and also credits on account of AUTO CORPORATE ACTION AND IPO ISSUES. Under this facility, investors can receive alerts for the debits (transfers) that have taken place in their demat accounts, a day after the debit (transfer). The alerts are sent to those account holders who have provided their mobile numbers to their DPs and DPs have activated such a facility in the computer system. These alerts are sent giving details, if the debits (transfers) are up to five ISINs in a day. In case debits (transfers) are for more than five ISINs, alerts are sent with a message that debits for more than five ISINs have taken place and that the investor can check the details with the DP or on IDeAS website, if the investor is an IDeAS subscriber. To avail this free facility, DP Clients are requested to furnish their Mobile Telephone Number / e-mail ID along with a formal request to the nearest service center to enable the SMS alert facility.
For further details please visit NSDL website www.nsdl.co.in
In Association with our Wholly Owned Subsidiary M/s Canara Bank Securities Limited (M/s CBSL), WE OFFER ONLINE TRADING FACILITY (OLT) TO OUR DP CLIENTS.
Salient features of Online Trading (OLT) facility are:
OLT is totally a technology driven product which suits all types of clients including tech-savvy younger generation clients , high net worth individuals who are active in capital market. OLT is totally hassle-free in as much as clients trading in stock market can buy or sell securities without having to visit either the Bank or their DP.
Pre Requisite for availing ONLINE TRADING facility
A client should have an operative Bank account (CASA) with one of our CBS branches, a depository (demat) account with our Bank and a Trading Account with our broking subsidiary viz., M/s CBSL, Mumbai.
For this purpose, three-in-one application form comprising of account opening forms for opening the above said three accounts has been devised and made available to clients by M/s CBSL through designated CBS branches of our Bank.
Click here for list of designated CBS branches
Products Offered by M/S CBSL
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Cash & Carry
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Intra Day Trading
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Buy in Today Sell Out Tomorrow (BITSOT)
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Online Trading in Futures & Options
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Online subscription to IPOs
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Online investment in Mutual Funds
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Online trading in Currency Futures
Salient Features of OLT
The state-of-the-art-technology integrates Trading Account with Depository Account and Bank Account to ensure hassle free trading. OLT clients can -
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Log on to "canmoney.in" from “ANYWHERE” at “ANY TIME” to trade
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After "buy" order is executed, Bank Account is debited online
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Sale proceeds credited to Bank account online.
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Online credit and debit of securities to depository account
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No need to write cheque; nor tender delivery instructions
Why OLT account with M/s CBSL
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M/S CBSL is a wholly owned broking subsidiary of our Bank
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Integrated account - Buy/Sell order gets executed seamlessly
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Instant Order confirmation
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Instant liquidity by prompt settlement
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Transparent dealing
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Safe and secure trading through user id and pass word
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Competitive tariff
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Access to Research Reports, Market Analysis etc
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Online monitoring value of portfolio
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Online viewing of digital contract note and summary of all transactions
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Online monitoring of the status of orders
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Access to reports and data
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Online trading in Futures & Options
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Online trading in Currency derivatives
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Online subscription to IPOs
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Online investment in Mutual Funds
For opening a Trading Account with M/s CBSL
Documents required with Trading a/c application form:
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Pass port size photo, duly signed across
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Copy of PAN Card (Original to be produced for verification & return)
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Copy of Bank Pass Book / Pass Sheet containing latest address and cust-id
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Copy of client master sheet of demat account with Canara Bank
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Furnishing of e-mail id is compulsorily required for sending digitally signed
contract notes, which is compulsory as per Stock Exchange regulations.
Important
CLIENTS HAVING JOINT BANK ACCOUNTS AND JOINT DEMAT ACCOUNTS ARE ALSO PERMITTED TO AVAIL ONLINE TRADING FACILITY. HOWEVER, TRADING ACCOUNT CAN BE OPENED ONLY IN THE INDIVIDUAL (SOLE) NAME OF THE FIRST HOLDER OF DEMAT ACCOUNT.
For opening a Demat account with Canara Bank DP:
Documents required with Demat a/c application form:
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Pass port size photo of self and of nominee
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Proof of identity :- PAN Card(Mandatory)- original required for verification
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Proof of address : (copy of any one of the following)
- Bank Pass Book / Ration Card / Pass Port / Voter ID card / Driving Licence
(original required for verification)
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Cancelled cheque leaf (proof of Bank Account details)
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ECS debit mandate for recovery of DP charges where client has Bank a/c with other Banks
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Letter of authorization for recovery of DP charges where client has Bank a/c with one of our CBS branches
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Duly filled in LOT-286 which is obtained at the time of opening Bank A/c
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