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Depository Services

What is a depository?

A Depository is an organization 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 DEAMT account. The Depository services are carried over in the name of Canara bank Securities Limited (CBSL) a wholly owned subsidiary of Canara Bank. CBSL is having membership in both equity exchanges - NSE & BSE. CBSL is also offering Depository Services and is registered with NSDL.

CBSL Offers Online Trading (OLT), through web based portal www.canmoney.in
 Why DEMAT account:

  • Shares are held in electronic form
  • No need to safe keep share certificates
  • No need to remember record dates of various companies
  • Immediate transfer of securities
  • No stamp duty on transfer of securities
  • Risk of bad delivery, fake securities eliminated
  • Reduced paper work for transfer of securities
  • Reduced transaction cost
  • Nomination facility available
  • Automatic noting of change of address
  • Easy transmission of securities
  • Automatic credit of Dividend / bonus shares
  • 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
    • Failed instructions; Overdue instructions
    • Change of mobile number; Change of address
    • Credit / debit of Mutual Fund Units
  • IDeAS (Internet based Demat Account Statement) FACILITY  FOR VIEWING AND DOWNLOADING BY DP CLIENTS.
  • NSDL has launched ACE (Alerts to Clients through Email) for sending E-mails whenever change of address is noted in DPM system.

 

Why DEMAT account/Trading Account with Canara Bank/CBSL:

  • Multi locational services across the country
  • Competitive charges
  • Customer friendly service
  • IDeAS (Internet based DEMAT Account Statement) facility available for viewing and downloading transaction statements from internet
  • CAN ROYAL Software( Exe based) provided to Customers for Live trading Experiences, and faster execution of Orders
  • 100% subsidiary of Canara Bank
  • A fully IT based company
  • Free Trade Calls and Research Reports
  • Paper less environment, i.e. Digitally signed contract notes, reports etc. sent by email
  • Mobile Trading facility available in Android & iOS platforms
  • Promotional Incentives
  • Advantage of maintaining CASA account with Canara Bank, a top public sector Bank
  • Active Institutional desk which handles big / bulk orders
  • The company is directed by veterans of the financial sector field vis-à-vis MD & CEO of Canara Bank, ED of Canara Bank, GMs of Canara Bank and Reputed professionals
  • The home page of www.canmoney.in is fully informative and with links to important sites of NSE/BSE/SEBI/NSDL/CDSL/RBI   etc.
  • No hidden charges. Transparency in transactions
  • Direct access to Capital Markets
  • Dedicated & experienced staff
  • Dedicated IT staff to monitor, trouble shoots and redress the customer queries / grievances.
  • Well established systems & procedures

Services available:

  • Account opening
  • Dematerialization
  • Transfer of securities
  • Pledge services
  • Freezing and un-freezing the depository account
  • Nomination facility 
  • Mutual Fund services
  • Settling of death claims, if any in a faster mode

 

Other Related Services:

Presently CBSL offers following products through its portal www.canmoney.in

There are 4 products in the cash segment viz. Cash & Carry (CNC), Intra Day Trade (IDT), BITSOT and Margin plus.

In the derivative segment CBSL offers trading in FNO segment and Currency Derivative segment of NSE.

Besides online trading products, CBSL also provides online subscription facility to the IPO’s / Mutual Fund Schemes and offline subscription to OFS (Offer for Sale)/SGBs (Sovereign Gold Bonds).

One needs to have 3 in 1 account integration to avail Canmoney products:


 CASA with Canara Bank

 DEMAT Account with Canara Bank Securities Ltd.

 Online Trading Account with Canara Bank Securities Ltd.

PANCHARATNA ACCOUNT- Five utilities in one account


Online/ Phone/mobile trading in Equities (NSE & BSE).

  Online/ Phone/mobile trading in Futures & Options (NSE).

  Online/phone/mobile trading in Currency Derivatives (NSE).

  Online/phone subscription to IPO/ & subscription to OFS/BUY BACK

  Online/phone subscription to Mutual Funds, SGB, Capital gain bonds,etc

Products features detailed below and FAQs will enable the readers to have a clear idea about the products / operations.   


Cash & Carry (CNC) (Delivery)

  Intra Day trading (IDT)/Margin Plus

  Buy In Today Sell out Tomorrow (BITSOT)

  Futures and Options (F&O)

  Currency Futures (CDS)

  Dial to Trade

  Online Subscription to Mutual Fund Schemes.

  Online Subscription to IPO’s

  Subscription to OFS/SGB/ BUY BACK

  Online Trading in Gold ETF (Exchange Traded Fund)

  Special Offerings for NRI Clients

  After Market Order (AMO) facility.

MUTUAL FUNDS :

INVESTMENT IN VARIOUS MUTUAL FUNDS MAY ALSO BE HELD IN DEMAT ACCOUNTS
AMC‘s are available on Can money Portal for online subscription through “BSE STAR” MF Platform: 


AXIS MUTUAL FUND

KOTAK MAHINDRA MUTUAL FUND

BARODA MUTUAL FUND

L&T MUTUAL FUND

BIRLA SUN LIFE MUTUAL FUND

LIC MUTUAL FUND

BNP PARIBAS MUTUAL FUND

MIRAE ASSET MANAGEMENT

BOI AXA MUTUAL FUND

MORGAN STANLEY MUTUAL FUND

CANARA ROBECO MUTUAL FUND

MOTILAL OSWAL MUTUAL FUND

DEUTSCHE MUTUAL FUND

PEERLESS MUTUAL FUND

DSP BLACKROCK MUTUAL FUND

PINEBRIDGE MUTUAL FUND

EDELWEISS MUTUAL FUND

PPFAS MUTUAL FUND

FIDELITY MUTUAL FUND

PRAMERICA MUTUAL FUND

FRANKLIN TEMPLETON MUTUAL FUND

PRINCIPAL MUTUAL FUND

GOLDMAN SACHS MUTUAL FUND

QUANTUM MUTUAL FUND

HDFC MUTUAL FUND

RELIANCE MUTUAL FUND

HSBC MUTUAL FUND

SAHARA MUTUAL FUND

ICICI PRUDENTIAL MUTUAL FUND

SBI MUTUAL FUND

IDBI MUTUAL FUND

SHRIRAM MUTUAL FUND

IDFC MUTUAL FUND

SUNDARAM MUTUAL FUND

IIFL MUTUAL FUND

SUNDARAM MUTUAL FUND

INDIA INFOLINE MUTUAL FUND

TATA MUTUAL FUND

INVESCO MUTUAL FUND

TAURUS MUTUAL FUND

J. P. MORGAN MUTUAL FUND

UTI MUTUAL FUND

JM FINANCIAL MUTUAL FUND

 

For More Details Regarding capital Market (Both Primary and Secondary), Depository Services, online trading, Compliance and Statutory Norms, Regulations, Please Visit the following Websites;
1. www.sebi.org
2. www.nseindia.com
3. www.bseindia.com
4. www.canmoney.in
5. www.nsdl.co.in
6. www.cdslindia.com
Documents required for DEMAT/OLTaccount opening:


Photographs

2 Nos.

PAN Card copy

1 Nos.

Residential Address Proof

1 Nos.

Bank Statement

1 Nos.

Chq for Rs.600/- favoring  Canara Bank Securities Ltd.

1 No.

Nominee Id Proof  ( if requied)

1 No .

 Account opening and Brokerage Charges :
Consolidated charges - Rs.600/- to be paid at the time of opening the account. (Inclusive of Charges towards DP agreement (stamp duty), Power of Attorney and other expenses). ( If there is more than 5 transactions with in first three months of opening, brokerage upto Rs.600/- will be refunded)

BROKERAGE CHARGES:
Please choose one from three options given below:

Option 1

NORMAL BROKERAGE OPTION (NBO)

Transaction Type

Rate*

Non-Delivery (Cash Segment) per leg

0.05%

Delivery

0.35%

FNO

0.10%

Option 2

UPFRONT BROKERAGE OPTION (UBO) Choice of 4 options

 

Standard

Silver

Gold

Platinum

VALIDITY

MONTHLY PLAN

Brokerage payable upfront

Rs.299/-

Rs.499/-

Rs.999/-

Rs.3999/-

Transaction type:

 

Non-Delivery (Cash Seg.)

0.035%

0.03%

0.025%

0.02%

Delivery

0.30%

0.25%

0.20%

0.16%

FNO

0.07%

0.06%

0.05%

0.04%

VALIDITY

QUARTERLY PLAN

Brokerage payable – ONE TIME ( NON REFUNDABLE)

Rs.500/-

Rs.1000/-

Rs.2000/-

Rs.5000/-

Transaction type:

 

Non-Delivery (Cash Seg.)

0.035%

0.03%

0.025%

0.02%

Delivery

0.30%

0.25%

0.20%

0.16%

FNO

0.07%

0.06%

0.05%

0.04%

OPTION TRADE (per lot/per leg)

Rs. 25.00

Rs. 20.00

Rs. 15.00

Rs. 10.00

VALIDITY

YEARLY PLAN

Brokerage payable – ONE TIME ( NON REFUNDABLE

Rs.299/-

Rs.499/-

Rs.999/-

Rs.3999/-

Transaction type:

 

Non-Delivery (Cash Seg.)

0.035%

0.03%

0.025%

0.02%

Delivery

0.30%

0.25%

0.20%

0.16%

FNO

0.07%

0.06%

0.05%

0.04%

OPTION TRADE (per lot/per leg)

Rs. 25.00

Rs. 20.00

Rs. 15.00

Rs. 10.00

Option 3

TURNOVER BASED BROKERAGE OPTION (TBO)

Daily Turnover below Rs. 5.00 lacs

0.25%

Daily Turnover of above Rs. 5.00 lacs but less than Rs. 20.00 Lacs

0.15%

Daily Turnover of above Rs. 20.00 lacs but less than Rs. 50.00 Lacs

0.10%

Daily Turnover of Rs. 50.00 lacs and above

0.07%

Derivative options

Rs.50 per Lot on single side i.e. positions squared off on same day, and both sides for carry forward positions.

Currency Derivatives (CDs)

For Currency Future, brokerage is Rs. 15 /= per lot, levied on each trade leg. For Currency Options, Brokerage Rs 5/= per lot levied on each trade leg.

Brokerage for penny stocks

For penny stocks (where sale/purchase value of the share is Rs 10/- or less), applicable brokerage shall be 1 paise per share irrespective of brokerage plan opted by the client.

 

LIST OF THE CENTERS OPERATING

SL.

CITY

BRANCH NAME

ADDRESS OF THE BRANCH

NAME OF THE RELATIONSHIP MANAGER

CONTACT NO

1

BENGALURU

VIJAYA NAGAR

C/o Canara Bank NO.53, MAGADI CHORD RD,, HOSAHALLI EXTN(VIJAYANAGAR), BANGALORE 560040

CHANDRASEKHARAIAH

9483087761

2

MYSORE

NAZARBAD

C/o Canara Bank BUILDING, NO.26 AGUEST HOUSE ROAD, NAZARBAD,MYSORE 57001

PADMINI M R

9481475437

3

BENGALURU

RAJ M V EXTENSION

C/o Canara Bank 5th Cross, 8th Main, Rajmahal Vilas Extension, Sadashiva nagar

J MOHAN RAM

9845075101

4

GURGAON

GURGAON MAIN

C/o Canara Bank Gurgaon Main,ESS Kay Tower,Old Railway Road

SAGAR SINGH

8826630304

5

DELHI

NEHRU PLACE

C/o Canara Bank DDA BUILDING, NEHRU PLACE,, NEW DELHI 110 019

DEEPAK SINHA

8076717165

6

PATNA

BORING ROAD

C/o Canara Bank 5-B, S K PURI SAHDEO MAHTO, MARG, BORING ROAD,, PATNA ; 800001

PRADEEP KUMAR SINHA

8252532458

7

INDORE

PALASIA POINT

 C/o Canara Bank PALASIA POINT, , 19/1A, MANORAMAGANJ, , INDORE 452001

RITIK NIGAM

9074597478

8

MUMBAI

VILE PARLE EAST

C/o Canara Bank BRIJ Bhoomi, 138 Nehru Road, Vile Parle East, Mumbai - 400057 

ROHTI CHAURASIA

8080610250

9

MANGALORE

AMPANKATTA

C/o Canara Bank POST BOX NO 106, GOKUL MARKET,, HAMPANAKATTA, MANGALORE

SANJEEVA RAJAN

8884393335

10

MUMBAI

GHATKOPAR WEST

C/o Canara Bank RATILAL D.SHAH BUILDING, OPP. RAILWAY STATION, GHATKOPAR WEST

RUPESH TATUSKAR

8369629471

11

VISHAKHAPATNAM

DABA GARDENS

C/o Canara Bank DOOR NO 28-14-1 Suryabagh Opp. Kamal Ttheatre DABA GARDEN VISHAKAPATNAM 530020

 HARSH VARDHAN TYAGI

9885949462

12

PATNA

BHUDH MARG

C/o Canara Bank Dalatganj, Veerchand Patel Road Area, Patna, Bihar 800001

KUMAR ROUSHAN

9525777701

13

AGRA

MG ROAD 

C/o Canara Bank NO.71, M.G.ROAD, NEHRUNAGAR,, AGRA 282002

NEHAL JAIN

8449404959

14

TRIVANDRUM

TRIVANDRUM CANTONMENT

C/o Canara Bank M.G.ROAD, SPENCER JUNCTION,TRIVANDRUM CANTONMENT, TRIVANDRUM - 695 039

ARUN GOPAL

9495626672

15

HYDERABAD

 NARAYANAGUDA

C/o Canara Bank P. B. No. 1, 10-1-5 12a, Entrechment Road, Marredpallyeast Secunderabad 500 027

G RAGHU

8125727107

16

AHMEDABAD

ASHRAM ROAD

C/o Canara Bank Narayan Chambers, Near Nehru Bridge,Ashram Road AHMEDABAD

SHAH DARSHAN RAJESHBHAI

7698089501

17

MALAPURAM

MALAPURAM (KERALA GRAMEENA BANK)

C/o Kerala Gramin Bank Planning & Development Wing Bank, KGB Towers, Uphill Malappuram 676 505

SINTO JOY

8891359811

18

CHENNAI

TEYNAMPET

C/o Canara Bank 563/1, Ground Floor, Anna Salai Teynampet Chennai 600018

D BENINNAL

7010232655

19

DELHI

CONNAUGHT CIRCUS

C/o Canara Bank N 1 Connaught Circus, F19, Connaught Circus,Middle Circus Delhi 110001

SUMER CHAND JAIN

9811650527

20

KOLKATA

L C ROAD

C/o Canara Bank LC Road Branch Lala lajpat Rai Sarani Kolkata 700 020

PINAK DAS

8017502738/9007107315

21

CHENNAI

HABIBULLAH ROAD

C/o Canara Bank 150, Habibullah Rd, Thiyagaraya Nagar, Chennai 600017

CHANDRAMOHAN MUNUSWAMY

9994153605

22

JAIPUR

ARVIND MARG ( JAIPUR MAIN )

C/o Canara Bank M I ROAD BRANCH ANUKAMPA MANSION II OFF M I ROAD,NEAR AJMERI GATE, JAIPUR - 1

RAJENDRA KUMAR HADA

9460761702

23

NAGPUR

ITWARI

C/o Canara Bank New Itwari Rd, Itwari, Nagpur, Maharashtra 440002

PARIKSHIT POUNIKAR

8149108090

24

MADURAI

GRAND CENTRAL

C/o Canara Bank 118B, West Perumal Mastry Street Madurai 625001

PANDIDURAI.P

7373586063

25

PUNE

CAMP BRANCH

C/o Canara Bank PB NO.21, RED CROSS BUILDING, 11 M.G.ROAD, PUNE CAMP, PUNE 411 001

DHANRAJ BANSODE

9503797658

26

HYDERABAD

MARREDPALLY 

C/o Canara Bank P.B.NO.1,10-1-5/12A,, ENTRECHMENT RD,MARREDPALLYEAST, SECUNDERABAD 500 027

D CHANDANA SRI

7981185592

27

JAIPUR

ARVIND MARG ( JAIPUR MAIN )

C/o Canara Bank M I ROAD BRANCH ANUKAMPA MANSION II OFF M I ROAD,NEAR AJMERI GATE, JAIPUR - 1

MAHENDRA GOYAL

8302598816

28

GOA

PANAJI

C/o Canara Bank Mathias Plaza, 18th June Rd, Altinho, Panaji, Goa 403001

DIMPAL BARANGI

9673870128

29

VADODARA

ALKAPURI

C/o Canara  Bank R.C.DUTT ROAD, EXPRESS HOTEL,, ALKAPURI,VADODARA 390005

RAHUL BARANGI

8511057100

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:

  1. Written application for change of address signed by all the Demat clients.
  2. 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   
- Latest Telephone Bill ( not more than 2 months old)
- Driving License - Voter’s ID  - Pass Port
- Identity Card with address, issued by Central/State Government and its      Departments.

     3. ALSO any one of the following for Proof of Identity: 
          - PAN card with photo                               -   Voter ID Card
          - Driving License                                         -   Passport
          - Identity Card with address, issued by Central/State Government and its       Departments

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 reque st letter along with cancelled of cheque leaf of new Bank account / Bank Statement

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 branches, a depository (demat) account 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 branches of our Bank. 

Contact Details :
Mumbai Office: 022- 43603855/ 22802455/43603800/ 43603845/ 43603848/ 22802445/  22802448 

Bengaluru Office: 080- 22291697/ 22105148/ 22271211

Branches/Offices can also generate the leads in the following link: The Marketing team of CBSL/Canara Bank will facilitate the Customer to open DEMAT/OLT account.

https://www.canmoney.in/register-here  {control + click to open the link}