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DP Services
Salient FeaturesIndian Bank is a Depository Participant with NSDL. The investor can now obtain depository services through us.
EligibilityJust as one opens a bank account, an investor can open DEMAT account with us to avail of depository facilities.
Other Requirements/Details* Dematerialisaztion of shares.
* Rematerialisation of shares.
* Receipt in of shares purchased and delivery out of shares sold in electronic form.
* Pledging/hypothecation of dematerialized securities against loan.
* Electronic credit of securities allotted in public issues, rights issue.
* Receipt of non-cash corporate benefits such as bonus, in electronic form.
* Holding debit instruments in the same account.
* Freezing of demat accounts, so that the debits from the account not permitted.
* Nomination facility available
 
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