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Account Opening

To utilise the services offered by a depository, any person having investment in any security or intending to invest in securities needs to have a demat account with a CDSL-DP. This holder of such demat account is called as "Beneficial Owner (BO)". A BO can maintain a demat account with zero balance in such account. For receipt of securities into his/her account, a BO can give one time "standing instruction" to DP. Once such a standing instruction is given to the DP, there is no need to submit separate instructions for receipt every time the investor buys securities.

 

Procedure for opening a DEMAT Account through CSBL-DP

  Documents required for opening a DEMAT Account

(A) Proof of identity -A copy of any of the following documents is to be submitted as identity.

�  The Applicants passport

�  Voters id card

�  Driving license

�  Pan card

(B) Proof of permanent address & correspondence address- a copy of any of the following documents is to be submitted as address proof.

�    Ration card

�    Passport

�    License Voters id

�    Driving license

�    Pan card with photograph

�    A bank pass book

�    Copy of Electricity Bill

�    Copy of Telephone Bill

�    Copy of rent Agreement

(C) One passport size photograph of each applicant with his or her signature across the photograph.

If the holder happens to be a minor the following documents are to be submitted.

�    Date of birth certificate

�    Proof of address and identity documents of the guardian

�    One passport size photograph of the minor, guardian and each of the applicants with their signature across the photograph. Guardian to sign across the photograph.

 

Corporate entity

�   Certified true copy of Board Resolution to open and operate DEMAT account with CSBL DP. The resolution may specify the manner of operation.

�      Memorandum and articles of association.

�      One passport size photograph of each authorized  signatory with their signature across the face of the photograph.

�      Names designation of authorized signatories And their      specimen signature duly verified by their MD/CS.

      click here for an account opening form. All that you have to do is take a printout of the form and submit the duly filled form to the DP.

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