Bank of Baroda Demat Account Opening Application

Name of the Organization : Bank of Baroda (bankofbaroda.com)
Type of Facility : Demat Account Opening Application
Location : Mumbai

Website : http://www.bankofbaroda.com/

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Demat :
India’s premier bank provides you the platform to BUY, SELL, TRANSFER your securities through just 2 Step Process :

To enroll for our Demat services you will have to open the following accounts :
** Savings Bank-Current Account with Bank of Baroda
** Demat Account with Bank of Baroda DP

Demat Account Opening and its Benefits :
Bank of Baroda India’s International Bank now offers you the opportunity to deal and open a Demat account. We are depository participant of Central Depository Services Ltd as well as National Securities Depository limited

An individual, Non-Resident Indian, Foreign Institutional Investor, Trusts, Clearing Houses, Financial Institution, Clearing Members and Mutual Funds can open a Demat account.

How To open an account :
For opening a Demat account, you have to fill account opening form and submit a photograph of the applicant along with the photo copies of the following documents and your account number will be intimated to you on completion of processing of your application :

List of Required Documents :
Besides a quick and hassle free process to open an account you will also get additional utilities designed by depositories for customers convenience as below :

For trading in the equity market in India we need to have a Demat account.

There are many other benefits which encourage to have a Demat account like :
** Buy and sell shares and stock of any company listed on the stock exchange of India i.e. NSE and BSE
** Make on line investment in mutual fund.
** Apply in IPO
** Trade in Futures and Options
** No threat of loss of shares due to faulty/bogus/forged delivery.
** Dividend and issuance of bonus shares are directly credited into linked accounts and Demat accounts respectively.
** No share transfer fees or stamp duty.
** Application can be made vide facility of ASBA (Application Supported by Blocked Amount) wherein amount does not get debited into the account and is remitted only when shares are allotted.
** The shares trading account enables you to view live prices, watch lists and place transactions. The deposit account is linked to the trading account for seamless transfer of funds.

Services / Utilities :
IDeAS(nsdl) : facility to check balance & transactions online.
SPEED-e (nsdl) : facility to submit delivery instructions to us through SPEED- e website https://eservices.nsdl.com.
Easi (cdsl) : Access of Demat account through the internet to check the details of their holdings / valuation and transactions, corporate announcements, anytime anywhere, through CDSL’s website www.cdslindia.com
Easiest (cdsl) : Electronic Access to Securities Information and Execution of Secured Transactions.

Benefits of opening the Account with us :
** Free account opening .
** Free 1st year AMC.
** Free SMS Alert facility.
** Free ASBA ( app supported by blocked amount)
** Free Nomination .
** Transparent Services charges as such no hidden charges.

Still have some more queries in mind … Let us help you

We at Bank of Baroda are operating from our Back Office located at the following address :
The Asst. General Manager/ Chief Manager
Bank of Baroda,
Baroda Sun Tower,
D.O.T. (Demat operation team)
Central Back Office DP Operations (CBODPO)
Ground Floor, C-34, G-Block
Bandra Kurla Complex, Bandra East,
Mumbai-400 051