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A Demat account is one in which customers hold shares and other securities in electronic or de-materialized format. A Demat account is a mandatory requirement these days to trade in shares in India. ICICI, HDFC, SBI, Reliance etc. are all leading Demat account providers in India.
What else can I help you with?
Can any person open more than one Dmat account?
you can have as many dmat accounts as u want there is absolutely no restriction on number of dmat account u can open. but only one account per dmat service provider, for example if u have a dmat account in hdfc band under name of , say, mr s k narula, u cant open second account with same name in hdfc bank. but go ahead and open another dmat account in same name in , say, axis bank
How do you close demat account?
Hi, Go to Bank with a written application for closure of DMAT account.....also mention Client ID in the application.....They shd close ur DMAT account.... Thanks
How do you close sbi demat account?
Hi, Go to Bank with a written application for closure of DMAT account.....also mention Client ID in the application.....They shd close ur DMAT account.... Thanks
What is dmat account?
A DEMAT stands for a De-Materialized account. This is a special type of account that is required in India to trade in the Indian stock exchanges NSE and BSE. There are many banks like ICICI, HDFC etc that offer DEMAT accounts to citizens of India.
What is DMAT?
A DEMAT stands for a De-Materialized account. This is a special type of account that is required in India to trade in the Indian stock exchanges NSE and BSE. There are many banks like ICICI, HDFC etc that offer DEMAT accounts to citizens of India.
Can you tell me the time to open an dmat account?
Hi, First of all, it;s good u r interested to know about Dmat account at right time.Dmat account can be opened within 5days, provided all the required documents. For better clarity u can mail to snsanthosh_111@yahoo.co.in Cheers, Santhosh
What is the need for using account opening form in banks?
In the account opening form, all particulars of the account holders are incorporated including photo,specimen signatures which are vital for banking operations and future records.
Can you open a savings account for your child?
Yes, many banks offer the facility of opening a savings account for children. It is the best way to secure his future.
What will cause banks not to accept your application to open an account?
The only problem you are likely to encounter in opening a bank account would be a lack of sufficient identification.
Will it cost you to open a bank account?
Most banks don't charge you for opening a normal bank account. However they would expect you to deposit a certain amount of money as initial deposit towards your account that is being opened. If you want to open an NRI account or a private banking account (like what some banks offer their wealthy clients) you may have to incur some charges while opening them.
Which banks in Georgia have the highest rate for opening a checking account Do any of them have tax free products ?
First Robinson Savings Bank offers highest rate for opening a checking account and tax free products in Georgia.
Can you get a loan without a banking account?
Banks and savings and loans may pre-approve you, but you will need to open an account with them if you choose to take the loan. If you have a problem opening an account, you will need to get that cleared first.
