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.