Banks
have come forward to offer Demat services to its customer. Demat account is
opened for the purpose of buying and selling stocks/shares of companies. Under
this, the following facilities are provided to the customers.
e-Instructions
One
can transfer securities 24 hours a day, 7 days a week through Internet &
Interactive Voice Response (IVR) at a lower cost. Now with “Speak to transfer”,
one can also transfer or pledge
instruction through customer care officer
of the concerned bank
(ii) Consolidation of Demat Account
Under
this one can Dematerialize the physical shares in various holding patterns
and consolidate all such scattered holdings
into primary demat account at reduced cost.
(iii) Digitally Signed Statement
One can receive account statement and bill
by email.
(iv) Corporate Benefit Tracking.
One can track dividend, interest, bonus etc
through one’s account statement.
Mobile Request
Access
one’s Demat account by sending SMS to enquire about Holdings,
Transactions,
Bill & ISIN details.
(v) Mobile
Receive
SMS alerts for all debits/credits as well as for any request which cannot be
processed.
Banks in alliance
with Securities Limited Organisations introduce a State of-the-Art online
trading platform to cater to every trading need and offer a truly world class experience
of online investing- anyplace, anytime. This service ;provides with a 3-in-1
account which is an integrated platform of Bank Account, Demat Account and an
Online Trading Account to give customers a convenient and paper free trading experience under one
roof. This will help the customer to trade from the comfort of home or office
through the Internet. Buying and selling of shares is now just a click away
distance. Apart from online trading account advantage, customers will get the
added advantage of a Savings and Demat account also.
