Bank of maharashtra demat account application form

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
• 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 shoot 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.

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:

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:

360 ONE MUTUAL FUND

ADITYA BIRLA SUN LIFE MUTUAL FUND

AXIS MUTUAL FUND

BAJAJ FINSERV MUTUAL FUND

BANDHAN MUTUAL FUND

BANK OF INDIA MUTUAL FUND

BARODA BNP PARIBAS MUTUAL FUND

CANARA ROBECO MUTUAL FUND

DSP MUTUAL FUND

EDELWEISS MUTUAL FUND

FRANKLIN TEMPLETON MUTUAL FUND

GROWW MUTUAL FUND

HDFC MUTUAL FUND

HSBC MUTUAL FUND

ICICI PRUDENTIAL MUTUAL FUND

INVESCO MUTUAL FUND

ITI MUTUAL FUND

JM FINANCIAL MUTUAL FUND

KOTAK MAHINDRA MUTUAL FUND

LIC MUTUAL FUND

MAHINDRA MANULIFE MUTUAL FUND

MIRAE ASSET MANAGEMENT

MOTILAL OSWAL MUTUAL FUND

NAVI MUTUAL FUND

NIPPON INDIA MUTUAL FUND

NJ MUTUAL FUND

PGIM INDIA MUTUAL FUND

PPFAS MUTUAL FUND

QUANT MUTUAL FUND

QUANTUM MUTUAL FUND

SAMCO MUTUAL FUND

SBI MUTUAL FUND

SHRIRAM MUTUAL FUND

SUNDARAM MUTUAL FUND

TATA MUTUAL FUND

TAURUS MUTUAL FUND

TRUST MUTUAL FUND

UNION MUTUAL FUND

UTI MUTUAL FUND

WHITEOAK CAPITAL 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;

• www.sebi.org
• www.nseindia.com
• www.bseindia.com
• www.canmoney.in
• www.nsdl.co.in
• www.cdslindia.com

To open DEMAT/OLT account ( ONLINE ) click on below link :

PAN details

Aadhaar details to complete eKYC for eSign

Mobile for OTP authentication

Bank Account details such as Bank Account number and IFSC

Soft copy of following documents :

PAN card. (JPEG & PNG Format, Size 2mb)

Signature on white paper. (JPEG & PNG Format, Size 96kb)(Scanned, cropped and clearly visible. Signature should cover 90% of screen)

Cancelled Cheque leaf. (JPEG & PNG Format, Size 2mb)

Bank account statement. (PDF Format, Size 2mb)

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.500/- 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

Option 2

UPFRONT BROKERAGE OPTION (UBO) Choice of 4 options

Standard

Silver

Gold

Platinum

VALIDITY

MONTHLY PLAN

Brokerage payable upfront

Non-Delivery (Cash Seg.)

VALIDITY

QUARTERLY PLAN

Brokerage payable – ONE TIME ( NON REFUNDABLE)

Non-Delivery (Cash Seg.)

OPTION TRADE (per lot/per leg)

VALIDITY

YEARLY PLAN

Brokerage payable – ONE TIME ( NON REFUNDABLE

Non-Delivery (Cash Seg.)

OPTION TRADE (per lot/per leg)

Option 3

TURNOVER BASED BROKERAGE OPTION (TBO)

Daily Turnover below Rs. 5.00 lacs

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

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

Daily Turnover of Rs. 50.00 lacs and above

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

ADDRESS OF THE BRANCH

NAME OF THE RELATIONSHIP MANAGER

C/o Canara Bank 71, Mahatma Gandhi Rd, Nehru Nagar, Uttar Pradesh 282002

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

SHAH DARSHAN RAJESHBHAI

C/o Canara Bank Fancy Bazar Main Branch, 14 A, Hem Baruah Road, Guwahati – 781001

RAJAT KUMAR JHA

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

RAJ M V EXTENSION

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

C/o Canara Bank G.P.O, NO. 3, Zone-II, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462001

BAAPUJI NAGAR MAIN

C/o Canara Bank, Plot No 1A/1, Udyan Marg, Sishu Bhavan Square, Bapuji Nagar, Bhubaneswar - 751009

CANARA BANK SECTOR 17 ROAD, 17B, SECTOR 17, CHANDIGARH

C/o Canara Bank 150, habibullah road T Nagar Chennai Tamilnadu - 600017

C/O CANARA BANK PLOT NO. A12, A13, II AVENUE, ANNA NAGAR EAST, CHENNAI TAMIL NADU -60 102

R S PURAM BRANCH

C/o CANARA BANK,100, DEWAN BAHADUR ROAD, R S PURAM, COIMBATORE - 640002

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

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

C/o Canara Bank Ess Kay Tower, Old Railway Rd, Pratap Nagar, Sector 8, Gurugram, Haryana 122001

TRAFFIC ISALND HUBBALLI

C/o Canara Bank First Floor, Mahavir Complex, Trafficisland, Hubli - 580029

C/o CANARA BANK, P.BOX NO.1, ENTRECHMENT ROAD, MARREDPALLY EAST, SECUNDERABAD 500027

ARVIND MARG ( JAIPUR MAIN )

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

KANPUR SWAROOP NAGAR

C/O CANARA BANK, 112/292, SWAROOPNAGAR, KANPUR 208002

C/o Canara Bank NARAYANI BLDG,27,BRABOURNE RD, CANNING STREET,, CALCUTTA 700001

MRITUNJAY KUMAR JHA

C/o Canara Bank G.P.O, Satya Business Park, NO.1, Nawal Kishore Rd, Hazratganj, Lucknow, Uttar Pradesh 226001

MALAPURAM (KERALA GRAMEENA BANK)

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

C/o Canara Bank Post Box No 106, Gokul Market, Hampanakatta, Mangalore-575001

C/o Canara Bank 41A Gokhale Road, Naupada, Naupada S.O, Thane, Maharashtra 400602

C/o Canara Bank Ratilal R Shah Building, Opp. Railway Station, Ghatkopar West, Mumbai - 400086

C/o Canara bank Vrindavan Building Vallabhbhai Patel Road, Vile Parle West, Mumbai, Maharashtra 400056

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

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

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

C/o Canara Bank, Red Cross Bldg, MG Road, Camp, Pune - 411001

C/o Canara Bank PB NO.70, M/S JALARAM MANSION, S.N.GANGULI ROAD,, RANCHI 834001

C/o Canara Bank, 11B/36/3, Ananda Towers, Shastri Nagar, Thillai Road, Trichy -620018

C/o CANARA BANK, BANSPHATAK MAIN CK 37/24, BANSPHATAK, VARANASI - 221001

THE FOLLOWING ARE MANDATORY AS PER NSDL TO PROCESS REQUEST FOR CHANGE OF ADDRESS:

• Written application for change of address signed by all the Demat clients.
• 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.
  • Driving License OR Voter’s ID OR Passport OR Aadhaar card
  • Utility bill which is not more than 2 months old of any service provider (electricity, telephone, post-paid mobile phone, piped gas, water bill).
  • Property or Municipal tax receipt.
  • Pension of family payment orders (PPOs) issued to retired employees of Government Departments or Public Sector Undertakings, if they contain the address.
  • Letter of allotment of accommodation from employer issued by State Government or Central Government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies and leave and license agreements with such employers allotting official accommodation.

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

  FOR CHANGE OF NOMINATION IN DEMAT:
  Kindly click on the NSDL Nomination link (https://eservices.nsdl.com/instademat-kyc-nomination/) for updation of Nomination in Demat account

  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.