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Frequently Asked Questions (FAQs)
Account Opening & Operations
- Can I open more than one account with ICICI Bank Demat?Do I have to keep any minimum balance of securities in my account?Can someone else operate my account on my behalf on the basis of a power of attorney?
- How do I register a change in my signature with ICICI Bank Demat?
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Dematerialisation
- Can I dematerialise all my depository eligible securities through the same account?Can I dematerialise shares, which are pledged with a bank, which is a DP as well?Can odd lot shares be dematerialised?
- How do I demat shares with Pre-Marital / Maiden names?
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Trading /Settlement
- Can I buy and sell shares through ICICI Bank Demat?Can I deliver dematerialised securities against an obligation in physical segment, in all stock exchanges?
- Is the facility of delivering dematerialised securities in the physical segments of the stock exchanges, available only for those securities that are to be compulsorily sold in the demat segment of stock exchanges by institutions?
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Refer to 'Basic Concepts' for more information on Demat
Account Opening & Operations
1. Can I open more than one account with ICICI Bank Demat?
Ans. Yes, you can open more than one account with ICICI Bank Demat. There is no restriction on the number of accounts you can open with the same Depository Participant (DP).
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2. Do I have to keep any minimum balance of securities in my account?
Ans. No, there is no prescribed minimum balance. You can have a zero balance in your account.
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3. Can someone else operate my account on my behalf on the basis of a power of attorney?
Ans. Yes, if you authorize any person to operate your account by executing a power of attorney (POA) and submit it to us, that person can operate the account on your behalf. If you have given POA earlier and now wish to operate the account yourself, the POA has to be revoked by you in writing.
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4. How do I register a change in my signature with ICICI Bank Demat?
Ans. You would have to make a request in writing. You would also have to get your signature duly attested by your banker, with whom you hold the bank account that has been specified for receipt of dividend.
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Dematerialisation
1. Can I dematerialise all my depository eligible securities through the same account?
Ans. Yes. You can choose to have all your securities deposited in a single account provided that the securities have the same holders.
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2. Can I dematerialise shares, which are pledged with a bank, which is a DP as well?
Ans. Yes, you can, with the permission of the bank with whom such shares are pledged.
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3. Can odd lot shares be dematerialised?
Ans. Yes, Odd lot share certificates can also be dematerialised.
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4. How do I demat shares with Pre-Marital / Maiden names?
Ans. In such cases you need to submit a certified true copy of the marriage certificate along with the Demat Request Form (DRF), when you give your shares for dematerialisation. Also provide an attested new specimen signature.
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Trading /Settlement
1. Can I buy and sell shares through ICICI Bank Demat?
Ans. No, shares can be bought and sold only through a stockbroker. ICICI Bank Demat helps in delivering the shares against a sell transaction or receiving the shares for a buy transaction. You can open an account with icicidirect.com to avail of seamless trading and settlement.
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2. Can I deliver dematerialised securities against an obligation in physical segment, in all stock exchanges?
Ans. Yes, SEBI has permitted dematerialised securities to be delivered against obligations in the physical segment at the stock exchanges connected to the depository.
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3. Is the facility of delivering dematerialised securities in the physical segments of the stock exchanges, available only for those securities that are to be compulsorily sold in the demat segment of stock exchanges by institutions?
Ans. No, dematerialised securities of all the companies that are eligible for dematerialisation can be delivered against obligations in the physical segment. This also applies to delivery against auction of securities in the physical segment.
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Basic
Concepts
1. General
2. Dematerialisation
of Securities (Demat)
3. Sale
/ Delivery of Securities
4. Purchase
/ Receipt of Securities
5. Rematerialisation
6. Pledge
7. Freezing
/ Defreezing
8. Corporate
Benefit - Dividend, Bonus or Rights Issue
9.
Public Issue
10. Nomination
11. Transmission
12. Demat
Account Statement
13. Registration
for Internet/Phone Access & e-instructions
14. Mobile
Banking
15. Billing & Payments
16. Change of Address & Bank Details
17. Change
of Rate Card
18. Closure
of Account
19. Account
Security
20. Procedure for Change in Signature
21. Demat Securities in Different Name Combination
22. Transfer Cum Demat
Annexure 1:
Sample
Filled-up DRF
Annexure 2:
Sample
Filled-up TIFD For Market Trades
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1.
General
A Depository is like
a bank where securities are held in electronic (dematerialised)
form. In India, there are two Depositories -National Securities
Depositories Limited (NSDL) and Central Depository Services Limited
(CDSL).
Under the Depositories
Act, investors can avail of the services of the Depositories through
Depository Participants (DP) such as ICICI Bank. DP's are like bank
branches wherein shares in physical form need to be deposited for
converting the same to electronic (demat) form.
2. Dematerialisation
of Securities (Demat)
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2.1 Availability
of Forms
2.2 Filling up the form
2.3 Submitting the form
2.4 Credit in the Demat Account
2.5 Rejection of Demat Requests
2.6 Transmission-cum-Demat
2. Dematerialisation of Securities (Demat)
Dematerialisation is
the process of converting the securities held in physical form (certificates)
to an equivalent number of securities in electronic form and crediting
the same to the investor's demat account. Dematerialised securities
do not have any certificate numbers or distinctive numbers and are
dealt only in quantity i.e. the securities are fungible.
Dematerialisation of
your holdings is not mandatory. You can hold your securities either
in demat form or in physical form. You can also keep part of your
holdings (in the same scrip) in demat form & part in physical
form. However, a select list of securities announced by SEBI can
be delivered only in demat form in the stock exchanges connected
to NSDL .
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2.1
Availability of Forms
Submit a completely filled-up Demat Request Form (DRF) in triplicate for each ISIN along with the defaced physical certificates. The forms are available at any ICICI Bank branch offering demat services.
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2.2
Filling up the form
Ensure that security
mentioned on the certificates is eligible for Demat. For being eligible
for demat, the company has to sign up with NSDL. You can check eligibility
on www.icicibank.com or
ask the nearest Branch.
Use a separate DRF
for each security having a unique International Security Identification
Number (ISIN). Verify the certificates carefully and mention the
correct ISIN. In case two or more sets of certificates of the same
security have different ISIN (this is possible in case of partly
paid up shares and non-pari passu shares), use separate DRFs for
each ISIN. However, you can dematerialise multiple folio nos. of
the same pattern of holders relating to the same ISIN under a single
DRF.
Submit certificates under lock-in under separate DRF. Do not mix
the same with free securities. In case of locked-in securities,
fill up the lock-in reason & lock-in release date on the DRF.
Amongst lock-in securities belonging to the same ISIN but having
different lock-in release dates or lock-in reason, make separate
DRF requests.
Demat requests received from client(s) with name(s) not matching
exactly with the name(s) appearing on the certificates merely on
account of initials not being spelt out fully or put after or prior
to the surname, can be processed. However, this is possible only
if the signature(s) of the client(s) on the DRF tallies with the
specimen signature(s) available with the Issuer or its Registrar.
For example, the shareholder may have opened the depository account
in the name of Sushil Ramesh Shah but his name on the share certificate
may appear as S. R. Shah or Sushil R Shah etc.
The combination and the order of holders' names on DRF and as printed
on the Certificates should be identical with that in the DP account.
For example, if the shares are in the name of X, Y (X as first holder
and Y and second holder) it cannot be dematerialised in the account
of either X or Y alone. Also if the shares are in the name of X,
they cannot be dematerialised in the account of X, Y (X as first
holder and Y as second holder).
However, where the combination of holders is the same in the certificates
and in the demat account, and the difference is only in the order
in which the name of the holders appear on the share certificates
and in the demat account, dematerialisation is possible. Here, you
have to submit a Transposition Request Form along with the DRF.
The form is also available at the nearest Branch.
The DRF must be signed by all the account holder's and should be
in the same order. The signature on the DRF should match with the
specimen signature with ICICI Bank. If the signature differs, you
should sign the DRF in the presence of the Branch Officer. If you
have a doubt that the signature on the DRF may not match with that
registered with the Registrar, you can get the signature on the
DRF attested by your banker.
The details of certificates such as the folio no., certificate no.,
& distinctive no. must be filled up correctly on the DRF.
For help on filling
up, refer to the sample
filled-in DRF provided in Annexure - 1.
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2.3
Submitting the form
You must deface the
certificates by putting a stamp or by writing ''Surrendered for
Dematerialisation". However defacing should be done only after
checking the eligibility of security, as defaced securities cannot
be sold in physical form. If defacing has been done by mistake then
you should send the same to registrar for replacement.
*NSDL
Business Rule 11.1.7.
The
Participant shall ensure that the certificates submitted for dematerialisation
are marked
by the Client (customer) with the words "Surrendered for
Dematerialisation".
Certificates should
not be mutilated or defaced in such a way that the material information
is not readable.
Ensure that the certificates are attached in the same order as mentioned
in the DRF.
You should submit the DRF in triplicate. You can submit the DRF
at any ICICI Bank branch. The acknowledgement slip at the bottom
of the form will be stamped and handed over to you after verification
by the ICICI Bank official.
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2.4
Credit in the Demat Account
The defaced shares
along with the DRF are sent by ICICI Bank to the registrar who will
then credit the customer's account. The normal time taken for credit
of shares to the account after confirmation by the Registrar is
about 30 days. However the time taken would vary from one registrar
to another over which ICICI Bank has no control.
To check whether your account has been credited, you can refer to
the transaction statement (Refer # 12, below). The same will be
reflected in pending demat balance on receiving your request. After
dematerialisation, the same will be reflected under free balance.
Alternatively you can use the web (register on www.icicibank.com),
phone us or visit the ICICI Bank branch. In case your account does not get credited within a month of submission, you can either phone us or write to us using the "Email Us" option.
In case there is a delay beyond 40 days, if you so wish, ICICI Bank
can give you the registrar's name and telephone number as well as
your Demat Request Number (DRN).
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2.5
Rejection of Demat Requests
Your request may get
rejected for various reasons either at the Central Processing Office
of ICICI Bank or by the Registrar. Dematerialisation is done by
the Registrar only when it is satisfied of genuineness of securities
& ownership status.
On a rejection, the securities are sent back to you stating the
reason for the rejection.
You can resubmit the certificates for dematerialisation after resolving
the reason for the rejection. Please resubmit on a fresh DRF. Do
not use the same DRF on which the objection was made.
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2.6
Transmission-cum-Demat
In case of certificates
held jointly, on the death of any one or more of the joint holder(s)
mentioned on the certificate, the surviving joint holder(s) can
get the name(s) of the deceased deleted from the physical certificate(s)
and get the securities dematerialised in the DP account of the surviving
holder(s) by submitting the following documents along with the DRF:
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3. Sale
/ Delivery of Securities.
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3.1 Getting
instruction slips (TIFD/IDT booklets)
3.2 Filling up an instruction slip (TIFD/IDT)
3.3 Submitting the form
3.4 Debit in the Demat Account
3.5 Failure to execute Instructions
3.
Sale/Delivery of Securities.
Securities transactions
can be settled in demat form for the transactions done on stock
exchanges connected to NSDL. At present, NSE, BSE, CSE, DSE, LSE,
BgSE, OTCEI, MSE, ISE & ASE are connected to NSDL. Trading in
dematerialised securities is done through your broker just like
trading in physical securities.
Sell
dematerialised securities
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You can sell your
dematerialised securities in any of the stock exchanges linked
to NSDL through a broker of your choice. |
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You need to give a
'delivery instruction' to your DP for debit of your depository
account and credit of your broker's clearing member account. |
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You receive
payment from the broker for the sale in the same manner you
would receive payment for a sale in the physical mode. |
Buy dematerialised
securities
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You can purchase securities
in any of the stock exchanges connected to NSDL through a broker
of your choice and make payment to your broker. Make sure you
tell your broker you want only demat shares. |
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Broker receives credit
in his clearing account with his DP on the day of payout. He
can immediately transfer these securities to your depository
account, provided your account is already active. |
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Broker
gives instructions to his DP to debit his clearing member account
and credit your depository account. |
Delivery of security
To deliver securities in electronic form, you have to authorise
the DP to transfer balances from your account.
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You must give
a debit authorisation to ICICI Bank in the booklet of instruction
slips provided to you. The slip should be given physically
at the nearest Branch.
(You can also register for the e-Instruction facility to submit
transfer instructions through Internet / IVR (Interactive
Voice Response System) on Phone and with "Speak to Transfer"
through our Phone Banking Officer )
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In the instruction
slip, you have to mention the counter-party account details.
The counter-party account may be within the same DP (Intra-DP
transfers) or with a different DP (Inter-DP transfers) within
NSDL or with another depository - CDSL (Inter Depository Transfers).
For transfers within NSDL, a TIFD (transfer instruction for
delivery) is required. For transfers to a CDSL account, an IDT
(inter-depository transfer instruction) is required. |
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3.1
Getting instruction slips (TIFD/IDT booklets)
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You are provided
a "Personalized TIFD booklet" at the time of opening the account.
You will need to use slips from this booklet for all your transfers. |
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For IDT
(Inter Depository Transfer slips), request for the same in writing
to the nearest Branch. The request should be signed in presence
of the Branch Officer. Ensure you use slips allotted to your
demat account only as per business rules of NSDL. |
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Please do not use
someone else's slip since that will not be accepted by the system
and also cannot be processed as per business rules of NSDL. |
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Please do not give
your blank slip to anyone as this may lead to frauds and associated
complications. If you lose your booklet, report the same in
writing (under signature of all account holders) to the nearest
Branch immediately. |
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If you are nearing
exhaustion of all slips in the booklet, you can request for
reissue of a new booklet by visiting nearest bank branch. Submit
the request on the requisition slip present in your existing
booklet. Where you are unable to present the request on the
requisition slip, you can submit a letter. However, the letter
should be signed in presence of the Branch Officer You can also
register for the Internet Banking and Phone Banking facilities
to submit the request on Internet / Phone. |
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The booklet will
be couriered to you and will reach you within a week from the
date of submitting the request. |
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On
receiving your booklet, verify that your DPID, DP Account No.
and name is present on all slips including the Requisition slip.
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In emergencies where
you have exhausted your TIFD/IDT booklet and cannot wait for
the time required to fulfill your request for a new booklet,
you can also get TIFD / IDT slips issued across the counter
for emergency use.
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For getting an emergency
slip from your branch:
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You have to personally
visit your home branch |
| - |
You have to personally
visit your home branch |
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You have
to request for the slip on the prescribed form available at
the branch. |
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TIFD / IDT issued
in such a manner are valid only for immediate use |
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3.2
Filling up an instruction slip (TIFD/IDT)
The request should be filled up in the appropriate slip issued to
you. For transferring securities to an account within NSDL, use
TIFD slips. For transferring securities from an account within NSDL
to an account with CDSL, use IDT slips.
There are two common types of accounts
within NSDL - beneficiary accounts (opened by the normal investors)
and clearing member pool accounts (opened by brokers). Accordingly
there are two types of transfers possible with TIFDs.
An instruction for transfer of security
from a Beneficiary Account to a Clearing Member Account (Broker's
pool account) is termed as a Market TIFD. This is for delivering
securities to the broker for onward delivery to the stock exchange
towards fulfilling settlement obligations in respect of trades done
on a stock exchange (Market Trades).
An instruction for transfer of security
from a Beneficiary Account to another Beneficiary Account is termed
as an Off Market TIFD (Off Market Trades).
The following points are to be noted:
Details are to be filled up only
for Market Trades on a TIFD slip.
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CM-BP-ID:
This is the Clearing Member Business Partner ID of the Broker
to whom the securities are to be transferred. The CM-BP-ID is
an 8 character code starting with 'IN' provided by NSDL to the
clearing member. You should find this out from your broker.
Any incorrect entry can result in transfers to the wrong account. |
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CM Name:
This is the name of the Broker to whom the securities are to
be transferred. This is the market type on which the trade has
been done by your broker. The stock exchange has separate segments
for each market type in which the orders are matched e.g. Rolling,
Rolling Odd Lot, etc. You should confirm this with your broker.
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Market Type:
This is the market type on which the trade has been done by
your broker. The stock exchange has separate segments for each
market type in which the orders are matched eg. Rolling, Rolling
Odd Lot, etc. You should confirm this with your broker. |
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Settlement
No: This is the settlement no. in which the trade has
been done by your broker. This is a 7-character code. You should
confirm this with your broker. |
You should submit the
slip latest by 4 p.m. on business day prior to the execution date.
TIFDs received after 4 p.m. will be accepted on 'Best Effort' basis
and ICICI Bank does not undertake any liability for its non-execution.
They may also attract a late charge (Please refer the rate card).
In case of market trades, also ensure that the execution date is
specified such that securities are transferred to the pool account
before the exchange pay-in deadline.
Strike out the portion relating to
Off - Market Trades.
Details to be filled up only
for Off-Market Trades on a TIFD slip.
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DP ID: This is the
Depository Participant ID with whom the target account (the
account to which the securities are to be transferred) is maintained.
It is 8-character starting with 'IN'. You should find this from
the target account holder. Incorrect DP ID may result in transfer
of securities to a wrong account. |
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DP Name: This
is the name of the Depository Participant with whom the target
account is maintained. You should find this from the target
account holder. Please note that this is not the name of the
account holder.
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Client ID: This
is the 8-digit account number of the target account. You should
find this from the target account holder. Any incorrect entry
can result in transfers to the wrong account.
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Strike out the portion relating to
Market Trades
Details to be filled up only
in an IDT slip.
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Depository
ID: This is the Depository ID for CDSL. It is
'IN000026'. |
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Client
ID: This is the 16-digit account number of the target
account (the account to which the securities are to be transferred).
You should find this from the target account holder. Any incorrect
entry can result in transfers to the wrong account.
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Details to be
filled up in both TIFD slips (for both Market and Off-Market Trades)
and IDT slips.
You may issue the instruction
well in advance of the date on which you want the securities to
be debited from your account. By giving a future dated instruction
you cover the risk against non-execution of instruction due to lack
of time or last minute rush.
You should submit the slip latest by 4 p.m. on business day prior
to the execution date. TIFDs received after 4 p.m. will be accepted
on 'Best Effort' basis and ICICI Bank does not undertake any liability
for its non-execution. They may also attract a late charge (Please
refer the rate card). In case of market trades, also ensure that
the execution date is specified such that securities are transferred
to the pool account before the exchange pay-in deadline.
Example for
applicability of Best Effort Stamp & Late Charges:
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Instrution
Submitted on
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ExecutionDate
on
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Best
effort Stamp
|
Late
Charges*
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| Monday
(day T ) |
Wednesday(day
T+2)
|
No |
No |
| Tuesday
(day T+1 ) till 4 p.m. |
Wednesday(day
T+2) |
No |
No |
| Tuesday
(day T+1 ) after 4 p.m. |
Wednesday(day
T+2) |
Yes |
No |
| Wednesday(day
T+2 )before Pay-in deadline |
Wednesday
(day T+2) at 10:30 AM for on- Market &
7:30 for offmarket |
Yes |
Yes |
*Late
charge is Rs.10/- per ISIN
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Signature:The
slip must be signed by all the account holder's as per the specimen
registered with ICICI Bank. In case of personalised booklets,
the names of all holders are preprinted. Mismatch in signature
of even one of the joint holder's results in the rejection of
the TIFD. For help on filling up, refer to the sample
filled-in TIFD provided in Annexure 2. |
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3.3
Submitting the form
You can submit the TIFD at any ICICI Bank branch. Take the acknowledgement
copy after stamping by the ICICI Bank official.
You may issue the instruction well
in advance of the date on which you want the securities to be debited
from your account. By giving a future dated instruction you cover
the risk against non-execution of instruction due to lack of time
or last minute rush. You should submit the slip latest by 4 p.m.
of the business day before the execution date (i.e. there should
be one clear working day gap between the date of submission of the
TIFD and the execution date).
Transfer instructions should not be
submitted for execution day as holiday. If there is a holiday in
between, instruction should be submitted one day in advance.
Submitting TIFD / IDT through
Internet
Submitting TIFD
/ IDT through IVR
Submitting
TIFD / IDT through "Speak to Transfer"
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3.4
Debit in the Demat Account
There will be a debit in your account on the execution date specified
in the instruction. You can check the same in your transaction statement.
You can also check the same on
www.icicibank.com or through IVR or visit the nearest Branch.
You will also receive an alert for the success/failure of the transfer
on SMS (registration form for "Mobile Alerts" on www.icicibank.com
.
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3.5
Failure to execute Instructions
An instruction can fail either at the Central Processing Office
of ICICI Bank or at NSDL.
A failure can happen at the Central Processing Office on account
of signature mismatch or if the TIFD slip is incomplete or not properly
filled up. Please take due care while filling up the TIFD. There
can be a failure at NSDL if your account does not have the required
number of specified shares or problem with the target a/c.
You will be intimated about the failure
through a letter. On receipt of such intimation, the customer should
do the needful in terms of submitting a correctly filled TIFD taking
into account the reasons for rejection as intimated to you.
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4. Purchase
/ Receipt of Securities
All purchase/ receipt of securities in your account is effected
as per your 'Standing instructions for Credit' given to ICICI Bank
to receive credits automatically in your account. You normally give
such a standing instruction in the account opening form itself.
You can give it later also by writing to the DP.
If you have not given a standing instruction
for receiving credits, you are required to give a specific receipt
instruction for each credit in the prescribed form.
The date of credit will depend on your broker's instructions and
ICICI Bank has no control on the same.
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To ensure proper
credit in your account, please instruct your broker to credit
the shares to your account number with ICICI Bank. For this,
give your Demat account number and the ICICI Bank DP ID to the
broker. |
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Please note that
you must settle your money transaction independently with the
broker. |
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5.
Rematerialisation
5.1 Form
5.2 Filling up the form
5.3 Submitting the form
5.4 Receipt of Physical Shares
5.5 Rejection of Remat Requests
5.6 Repurchase of units of UTI US ' 64
5. Rematerialisation
Rematerialisation is the process of converting the securities held
in electronic form in a demat account to an equivalent number of
securities in physical form (certificates) after debiting the same
from the demat account.
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5.1
Form
Submit a completely filled up Remat Request Form (RRF) in triplicate
for each ISIN. Forms are available at any of the ICICI Bank branches.
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5.2
Filling up the form
Ensure that the RRF is completely filled up. Incomplete details
may lead to rejection of the remat request.
Use a separate RRF for each eligible
security. Please ensure that name of the security and the ISIN number
is entered correctly.
Submit requests for balances under lock-in through a separate RRF.
Do not mix the same with free securities. Amongst lock-in securities
belonging to the same ISIN but having different lock-in release
dates or lock-in reason, make separate RRF requests.
You should mention the lot types whether
Jumbo or Market Lot clearly. If the same is not filled up then the
registrar will send certificates in market lot.
You must have sufficient free balance
in your account for the ISIN for which the RRF is submitted.
The RRF must be signed by all the account
holder's and should be in the same order. The signature on the RRF
should match with the specimen signature with ICICI Bank.
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5.3
Submitting the form
You should submit the
RRF in triplicate. You can submit the RRF at any ICICI Bank branch.
The acknowledgement slip at the bottom of the form will be stamped
and handed over to you after verification by the ICICI Bank official.
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5.4
Receipt of Physical Shares
The RRF is forwarded
to the registrar. On acceptance of the remat request by the registrar,
your account will be debited. The physical share certificate will
be sent directly to you by the registrar. You can also check the
same on www.icicibank.com
or through IVR or phone us or visit the nearest Branch. You will
also receive an alert for the success/failure of your request on
SMS (registration form for "Mobile Alerts" on www.icicibank.com).
The normal time taken for receipt of
the physical shares is within a period of 30 days. However the time
taken would vary from one registrar to another over which ICICI
Bank has no control.
In case you do not receive the physical shares within a month of submission, you can either phone us or write to us using the "Email Us" option, so that we can check with the registrar.
In case there is a delay beyond 40
days, if you so wish, ICICI Bank can give you the registrar's name
and telephone number as well as your Remat Request Number (RRN).
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5.5
Rejection of Remat Requests
Your request may get
rejected for various reasons either at the Central Processing Office
of ICICI Bank or by the Registrar. On a rejection, you will be informed
about the reason for rejection of the request.
You can submit a fresh request after
resolving the reason for the rejection.
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5.6
Repurchase of units of UTI US '64
For and on behalf
of National Securities Depository Limited
All Participants are hereby informed
that Unit Trust of India (UTI) has intimated to NSDL about the conversion
of US64 units in demat to 6.75% tax free GOI US64 bonds. Further,
UTI has also intimated that rematerialisation/dematerialisation/repurchase
requests for US64 units held under ISINs INF189A01095, INF189A01129,
INF189A01103, INF189A01137, INF189A01111 and INF189A01145 should
not be accepted after May 31, 2003. A copy of letter no. UT/DOO/849/opr-160/2002-03
dated May 28, 2003 is enclosed for the information of Participants.
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6. PLEDGE
Top
6.1 Form
6.2 Filling up the form
6.3 Submitting the form
6.4 Execution of the Instruction
6.5 Rejection of Pledge Requests
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6. Pledge
Securities held in demat form can be pledged/hypothecated by the
client to avail of loan/credit facility. Pledge of securities in
NSDL depository requires that both the borrower (pledgor) and the
lender (pledgee) should have a demat account with any of the DPs
with NSDL. The facility for Inter Depository pledge (where pledgor
and pledgee has a demat account with different depositories) is
not available.
Please note that financial transactions are handled outside the
depository system. However, even after the securities are pledged,
the pledgor continues to remain the beneficiary holder of those
securities and will receive benefits of a corporate action, if any.
With "Speak to
Transfer", transfer or pledge your Securities by just speaking
to our through our Phone Banking Officer. No need to submit physical
instructions at the Branches. Visit the nearest ICICI Bank branch
and register for e-instruction.
Following
are the steps involved in Pledge/Hypothecation
-
Creation of Pledge:The
pledgor submits duly filled in Pledge Request Form to his DP for
Creation of Pledge. On execution of the instruction by the DP
a pledge order no. is generated for each ISIN.
-
Confirmation of Pledge Instruction:The
pledgee submits duly filled in Pledge Request Form quoting the
Pledge Order No. (given by the pledgor) to his DP. On execution
of the instruction the shares are marked as pledged in the pledgor's
account. Pledge balances cannot be transferred.
-
Closure of Pledge Instruction:The
pledgor submits duly filled in Pledge Request Form to the DP for
release of pledge. The pledgor does this after he has repaid the
loan received from the pledgee.
-
Closure Confirmation of Pledge
Instruction: The pledgee submits duly filled in
Pledge Request Form for confirmation of release of pledge to his
DP. The pledgee would do this after ensuring that the pledgor
has repaid the loan/credit facility extended to him. On execution
of instruction the shares move from pledge balance to free balance
in the Pledgor's account.
-
Invocation of Pledge Instruction:
The Pledgee submits duly filled in Pledge Request Form quoting
the pledge order no. to his DP. On execution of instruction the
shares moves from the pledged balance of the Pledgor's account
to free balance in the Pledgee's account. The pledgee does this
when the pledgor has failed to repay the loan as per his obligations.
-
Confirmation of Invocation
of Hypothecation Instruction: The difference between a
pledge and a hypothecation request is that whereas invocation
of pledge can be done unilaterally by the pledgee, a confirmation
of the pledgor is required in the case of invocation of hypothecation.
For this pledgor submits duly filled in Pledge/ Hypothecation
Request Form to the DP.
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6.1
Form
There is a common form
for all pledge requests given above. Typically, you would need to
use it at the time of creation and at the time of closure of a pledge.
Forms are available at any of the ICICI Bank branches.
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6.2
Filling up the form
There is a common pledge/hypothecation
form for all types of instruction. You must tick the appropriate
box to indicate the instruction type.
You should clearly indicate whether the instruction is for Pledge
or Hypothecation.Ensure that the Pledge form is completely filled
up. Incomplete details may lead to rejection of the pledge request.
You should enter the DPID and Account number correctly on the space
provided on the left-hand side of the form. You should enter the
counter-party details correctly on the space provided on right hand
side of the form.
You must fill up the Agreement number as provided by the pledgee.
This refers to the pledge agreement signed between the pledgor and
the pledgee.
You must fill up the Closure date as provided by the pledgee. This
is referred in the pledge agreement signed between the pledgor and
the pledgee.
You must fill up the ISIN & security name of the security to
be pledged.
If the shares are under lock-in then you should fill up the lock-in
reason and lock-in release date in the space provided.
The no. of securities should be filled up correctly in the space
provided. In case of pledge creation, you must have free balance
in the ISIN mentioned.
The instruction must be signed by all the account holder's and should
be in the same order. The signature on the request should match
with the specimen signature with ICICI Bank.
You must enter the Pledge order number for all types of pledge instructions
other than pledge creation instruction.
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6.3
Submitting the form
You can submit the
pledge request at any ICICI Bank branch. The acknowledgement portion
will be stamped and handed over to you after verification by the
ICICI Bank official.
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6.4
Execution of the Instruction
The instruction is
executed at the Central Processing Office of ICICI Bank. On execution
the balances move as mentioned above.
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6.5
Rejection of Pledge Requests
Your request may get
rejected for various reasons either at the Central Processing Office
of ICICI Bank or by the counter-party. On a rejection at the Central
Processing Office, you will be informed about the reason for rejection
of the request.
You can submit a fresh request after resolving the reason for the
rejection.
If a creation request is rejected by the counter-party the balance
will get transferred from the pledged balance to the free balance.
6.6
Submitting
Pledge instructions through "Speak to Transfer"
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7.
Freezing /Defreezing
Top
The
client has an option to freeze his account in case he does not intend
to do any transaction in the near future. These helps in curbing
unauthorised use of demat account & prevention of frauds. Once
freezed the account can be defreezed only on the instruction of
the account holders.
Following types of Freezing
is possible:
|
Freezed for
Debit: In this case
any debit instruction cannot be passed unless the account is
defreezed. However the credit in the account will be received
provided a standing instruction for credit is given for the
account. |
|
Freezed for
All: In this case no transfer to & from the account
can be done. |
|
ISIN Freezing:
In this case a specified ISIN can be freezed, blocking the ISIN
for debit. |
|
Quantity Freezing:
In this case a specified quantity of a specified ISIN can
be freezed, blocking the quantity for debit. |
Defreezing of the account is
required to enable the account again for transaction.
The request for freezing & defreezing
must be submitted in the prescribed form.
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8.
Corporate Benefit - Dividend, Bonus or
Rights Issue
In case the company
in which a beneficial owner holds shares in demat form announces
any corporate benefits like bonus, dividend etc. the beneficial
owner will receive the same directly in his demat account or bank
account depending on the nature of the benefit.
|
For payment of dividend
etc., the company/registrar takes a list of beneficial owners
from NSDL as on the record date/book closure date. Based on
this list, company makes payment of dividend. If the company
is making the payment through ECS, the company will directly
credit the dividend to the bank account registered by the beneficial
owner with the DP under intimation to the beneficial owner.
If the company is making the payment through a cheque/DD, the
bank details will be printed on the dividend warrant. The mode
of payment of dividend etc is decided by the company itself. |
|
In case of a bonus
declaration by a company, the bonus securities on the eligible
securities in the beneficial owner's demat account are automatically
credited to the beneficial owner's demat account by the company/registrar
under an intimation to the beneficial owner. This will be reflected
in the transaction statement for the period. In respect of the
physical holdings, the customer will receive bonus securities
in physical form. |
|
In case of a rights
issue, the beneficial owner will receive an option to subscribe
for the eligible number of securities from the company/registrar.
These securities may be in physical form or in electronic form
in the customer's demat account. The customer can exercise the
same in the normal course. While exercising the option (in respect
shares both in physical or electronic form), the customer may
mention the demat account in which the securities allotted are
to be credited provided the company is available for demat with
NSDL. Alternatively, the customer can also ask for the securities
in physical form. |
|
In case of a merger
or acquisition, securities in the beneficial owner's demat account
is automatically credited and debited by the company/registrar
as per pre-declared ration under anintimation to the beneficial
owner. This will be reflected in the transaction statement for
the period. |
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9.
Public Issue
When subscribing for
shares in a public issue, you can request for securities, if allotted,
to be credited directly to your demat account and quote your demat
account for the purpose in the application form.
After allotment, the securities will be credited directly to your
demat account under an intimation to you from the company/registrar.
Such credit is done before the date of listing of the securities
on a date considered convenient by the company/registrar. However,
if the details of the demat account specified in the form are incorrect,
the securities will be allotted in physical form and certificates
will be sent to you.
SEBI has announced that the shares of all companies going in for
Public offer will have to be compulsorily settled in demat form
by all investors. It is therefore advantageous for an investor to
prefer the allotment in demat form, so that the shares have higher
liquidity.
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10.
Nomination
You can make a nomination
of your account in favour of any person by filing up the nomination
details in the account opening form. This is to enable the nominee
to receive the securities after the death of all the holder(s) of
the demat account.
Nominees can be appointed by individuals only. Non-individuals including
society, trust, body corporate, partnership firm, karta of Hindu
Undivided Family, holder of power of attorney cannot nominate. Where
a minor is appointed as a nominee, the name and address of the guardian
is also required to be obtained.
Where a nomination has not earlier been made or where an earlier
nomination is ought to be changed, you can submit a duly filled-in
nomination form at the nearest Branch. The account holder, nominee
and two witnesses must sign this form and the name, address and
photograph of the nominee must be submitted.
In case of the death of the sole holder or all the joint holders,
the nominee must submit a duly filled-in transmission form and give
the notarised copy of death certificate and an affidavit in the
prescribed format. After verifying these documents, the securities
will be transferred to the account of the nominee.
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11.
Transmission
Transmission of securities
refers to the transfer of securities from an account to another
as a result of the death of the sole/any of the holder of the former
account. For this the latter need not approach each issuing company
or its R & T Agent. Only the DP of the former account needs
to be approached. Here the transfer may be done to:
|
Surviving
holders |
| |
If
the former account is a joint holding account and there is at
least one survivor, the survivor(s) can request the DP for the
securities to be transferred to his/their demat account.
|
|
Nominee where
a nomination has been made |
| |
If there is no survivor
amongst the account holders and a nomination had been made by
the holder(s) earlier, the nominee can request the DP for the
securities to be transferred to his demat account.
In addition to the documents specified under Common Requirements
below, an Affidavit duly completed by the nominee in the format
specified by NSDL and attested by a notary/magistrate should
be submitted by the claimant . |
|
Legal heir where
a nomination has not been made |
| |
If
there is no survivor amongst the account holders and a no nomination
had been done by the holder(s) earlier, the legal heirs can
request the DP for the securities to be transferred to his demat
account. In addition to the documents specified under Common
Requirements below, a true copy of the Succession certificate
or Probate or Letter of administration duly notarised should
be submitted by the claimant. |
|
Common Requirements
and Effect |
| |
No transaction charges
will be levied for transfer of shares from the old account to
the account of the claimant.
If the demat account of the claimant does not exist, a new demat
account will need to be opened. If the claimant is having a
demat account but with another DP, a proof of the same is required
from the other DP. (Client master from the DPM)
The claimant only needs to approach the DP. He need not lodge
a claim for transmission separately with each issuing company
or its R&T Agent. The following documents should be submitted
with the request:
|
| i) |
A copy of the death
certificate duly attested by a notary or verified with the original
by an authorised person of the ICICI Bank branch. |
| ii) |
Transmission form
duly completed by the claimant in Annexure "O". |
| iii) |
An Off-market TIFD
for the entire securities/ holdings for transmitting the shares.
|
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12.
Demat Account Statement
|
If there is a transaction
in the previous 30 days. The customer is sent a transaction
statement.
|
|
If there is no transaction
in the previous 30 days but more 90 days have passed since endingdate
of the last statement sent to the customer, a quaterly statement
is sent if there are some holdings in the customer's account. |
|
Customers who have
opted for transaction statement "thru' e-mail" will
get their statements by 1st week of next month. This is subject
to at least one transaction during the previous month, otherwise
statement of holdings via email will be sent on a quarterly
basis. At the end of financial year, they will get a physical
transaction-cum-holding statement for the entire year by 25th
of April. In addition, you will receive a physical copy of the
annual statement to assist you in filing income tax returns. |
| |
The
e-mail statement will be authenticated by a digital signature
obtained from a Certifying Authority under the Information Technology
Act, 2000. This will allow you to verify that the statement
is sent by ICICI Bank only and that the contents of the same
have not been altered during transmission. Please note that
the statements are sent via standard email and are therefore
only as secure as standard email transmission through the Internet.
Since the email transmission is not encrypted, it is not necessarily
protected from unauthorized access.
Click
here to download verifying utility. |
| |
|
| |
It may be noted
that on being registered for receiving statements by e-mail,
the annual service charge will be lower by Rs. 50/- per annum
starting from when it is next due.
|
Customers, who have
opted for the "physical" transaction statement, will get
the transaction statement, subject to a transaction during the previous
month, otherwise, statement of holdings will be sent on a quarterly
basis, as per the following schedule:
|
Within
Mumbai limits, by the 15 of next month |
|
Out of
Mumbai region, by the 20 of next month |
You can receive your account statement
by e-mail and can also see the updated statement on www.icicibank.com.
For both these facilities, you have to first register.
In case of any discrepancies in your
account statement, notify us immediately.
13. Registration
for Internet/Phone Access & e-instructions.
Top
To increase convenience
to the customers while reducing work load at your end in handling
queries,there is a facility for the customer to directly access
his demat account 24 hours a day, 365 days a year through the internet
and through phone.
A customer who holds an ICICI Bank
demat account only and does not hold a banking account can still
register for the above access. It is not mandatory to hold a banking
account to be able to register for such access.
Internet
Facilities available
on www.icicibank.com
|
View
transaction statement |
|
View
holdings |
|
View
status of requests submitted - TIFD/IDT, Demat, Pledge, Remat |
|
View
account details |
|
Get
the ISIN for a Security |
|
Get
Settlement Details |
|
Request
for a TIFD booklet |
|
View
Customer Ledger - his receivable account |
|
View
Bill Details |
|
Pay
his Demat bill online |
|
e-
Instructions- facility to transfer securities |
Phone - Interactive Voice Response
(IVR)
|
Facilities
available |
|
Details
of last few transactions |
|
Details
of holdings |
|
Request
for a TIFD booklet |
|
Query
for an ISIN |
|
Get status
of requests submitted - TIFD/IDT, Demat, Pledge, Remat |
|
e- Instructions-
facility to transfer securities |
Further, the Call centre is also equipped
to handle specific queries on the demat accounts. For accessing
the above facilities, the customer needs to register for the same.
For accessing the above facilities, the application for registration
should be done in the prescribed form.
The form can be submitted at any ICICI Bank branch offering demat services.
Click here to download the form
ICICI Demat Services
allows customer to access his demat account through the following
channels also
Both these channel
require authentication before providing the access on www.icicibank.com
is allowed after the customer provides the Userid and the password
on the site access on the IVR is allowed after the customer provides
the Telephone Personal Identificaiton Number (TPIN).
TPIN is sent to the customer by post
on submitting a Channel Registration request at any branch
offering demat services.
On submission of the request, the customer is sent the following
3 envelopes :
|
TPIN
(To be used for Phone Banking) |
|
Infinity
User ID (To be used for Internet Banking) |
|
Password
(To be used for Internet Banking) |
In some cases, client may already have
an UserID for his existing relationship with ICICI Bank (could be
a Bank account or a credit card...) and he may request for his Demat
account to be linked to the same UserID ( which he is the first
holder). In such cases, after the linking, he will not be sent any
communication. He will start seeing his demat account also through
the same UserID .
Click
here for e-instruction
14. Mobile
Banking
Top
With Mobile Banking
you have an option to remain updated while you are on the move,
without even having to make a phone call or a visit or logging on
the Internet.
ICICI Bank Mobile
Banking for Demat Accounts can be divided into two broad categories:
|
Request
Facility |
|
Alert
Facility |
The registration is common for both facilities. Please fill Mobile Alerts Registration Form and submit to any ICICI Bank branch offering demat services. The facility is completely FREE. You are not charged a single rupee by ICICI Bank for alerts received by you.
Request Facility
We are pleased to announce yet another
value adding feature called - "Pull Alerts". Using Pull
Alerts, registered users can access information about their demat
accounts using a mobile phone.
As our customer you may have already
experienced the convenience of our FREE "Mobile Alerts"
facility where-by activities in your demat account are relayed to
your mobile phone via SMS.
By registering your mobile number,
you can get the following information at your convenience. Customers
who have already registered their mobile number for Mobile Alerts
can immediately start using this facility. Please note, this is
a FREE service:
Some features of this service are:
|
Holdings
Enquiry |
|
Transaction
Status |
|
Bill
Details |
|
Request
for ISIN |
For detailed information
on the formats to be used, click
here
Alert Facility
Through this facility, you will receive
a mobile alert in the form of SMS whenever there is a significant
event in your demat account. You will receive mobile alerts when
shares have got credited in your account or if there is an issue
with your transfer instruction. For instance you gets Alerts for:-
15.
Billing & Payments
The bills are generated
in the beginning of each month for the previous month. The due date
is mentioned in the bill. However, it is not viable for us to send
bills with amount less than a certain cut-off amount.
Therefore, we are generating bills
for only those customers whose bill amount is greater than or equal
to the cut-off amount. At present, the cut-off amount is Rs 50.00.
It is important to note that, if a
customer has made transactions which amount to less than the cut-off
amount, the bills will not displayed on the Intranet ledger, therefore,
please do not assume 'no bill details' equals 'no transactions'.
Such customers will receive a bill
in the next quarter or whenever the bill amount exceeds the cutoff
amount.
Details of Bills :-
The bills contain the following details
on the first page
Summary of the bill for the period
on page 1
Custody charges - calculation
Custody Charges have been discontinued, since February 01, 2005.
Mode of recovery
|
Direct
Debit |
If
you hold an ICICI Bank account and have given a mandate for
recovery of charges from such account, the charges are recovered
directly from your bank account on or after the due date. Direct
Debit recovery is done twice, one on due date and second is
on 1st week of next month. |
|
ECS
|
If
you hold a bank account with a bank other than ICICI Bank and
have given a mandate for recovery of charges from such account,
the charges are recovered directly from your bank account on
or after the due date. |
|
Cheque
|
If
either of the above is not applicable, you should make the payment
by cheque/DD by the due date. When the amount remaining to your
credit goes below the specified threshold, you should replenish
the same as per the rate card. |
|
ICICI Bank reserves the right
to charge interest @24% p.a. on amounts remaining outstanding
after the due date. However we are now charging RS.100/- for
cheque return cases.
|
Change of Mode of recovery from
Direct Debit/ECS to Cheque/DD mode
If you are on a mode of recovery wherein your bill amount is recovered
directly from your bank account and you wish to discontinue the
same, you are required to request for the same in writing in the
prescribed form. However, you are required to provide an advance
as per the rate card applicable to you. Your charges will be adjusted
from this advance. If you close the account and there is an amount
lying to your credit, the same is refundable to you.
Suspension
If the payment has not been received after 15 days of due date.
The intimation letter sent to client to clear his outstanding within
7 days from the receipt of the letter otherwise the account would
be suspended. If the payment has been received within 7 days the
account will not be suspended. If the payment not received account
will be suspended. On receipt of the payment the account will be
resumed.
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16.
Change of Address & Bank Details
You can request for the following through the below forms :
Giving Mandate to
recover Demat charges through direct debit to ICICI Bank account
Change of Address
The following requirements should be complied with :-
You (or the joint holder) need to personally visit the branch.
You (or the joint holder) should sign the request in presence of our executive. The application should be signed by all the account holders.
The photo copies of following documents should be submitted along with the request. You need to carry the original documents with you for verification.
| Proof of Identity : |
-
A photocopy of the PAN card of the account holder visiting the Branch. If Pan copy is not submitted request will be rejected.
|
| Proof of Address (To be taken for primary account holder): |
- Ration Card
- Passport
- Voter Id
- Driving License
- Verified copies of
- Electricity Bills (Not more than two months old)
-
Residence Fixed Line Telephone bills (Not more than two months old)
- Leave and License agreement / Agreement for Sale
-
Self declaration by High court & Supreme Court judges , giving the new address in respect of their new account
- Identity Card / Flat allotment letter having address issued by
- Central / State Government and its DepartmentsStatutory / Regulatory AuthoritiesPublic Sector UndertakingsScheduled Commercial BanksPublic Financial Institutions
- Professional Bodies such as ICAI , ICWAI, ICSI and Bar Council
- 3 month Bank Statement / Passbook with latest two customer induced transactions
|
In case you are submitting the bank statement as address proof then :
(i) Computer generated original bank statement:
Computer generated original bank statement can be submitted as proof of address provided such original bank statement is printed on the stationery of the bank, carries logo & name of the bank, displays the name, address and bank transactions/holdings of the Client for the latest quarter ending.
(ii) Computer generated bank statement on plain paper:
Computer generated bank statement which is printed on a plain paper can be submitted as proof of address provided it clearly mentions the name, address and bank transactions/holdings of the Client for the latest quarter ending. Provided such a bank statement is duly attested (signed and stamped) by the authorized official of the bank mentioning the name and designation of such authorized official.
In both the aforesaid circumstances customers needs to submit :
i. A cancelled cheque in original and signature of the applicant(s) (all the holders in case of joint holdings) on the bank statement.
ii.The bank statement should be of the latest quarter ending.Example: depository accounts opened in the month of April, May and June should be supported by the bank statement of the quarter ending March 31.
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17.
Change of Rate Card
You can shift from
|
standard
scheme to the frequent trader scheme |
|
frequent
trader scheme to the standard scheme |
|
The application
should be made in the prescribed form available at the nearest
ICICIBank
Branch
The application should be signed
by all the holders.
|
|
In
case of shift from the standard scheme to the frequent trader
scheme, the application should contain a mandate for recovery
of Rs. 900 or be accompanied with a cheque for Rs. 900. A debit
note for Rs. 900 is passed in your account. This debit note
is reflected only in the next bill. |
| |
Click
here for form
|
|
In
case of shift from the frequent trader scheme to the standard
scheme, the shift is always Effective from the date when the
change in the billing Scheme is been done . This is to ensure
that the billing for the next year's AMC done in the Jan-March
bill is done properly. |
| |
Click
here for form |
|
In
case of shift from the standard scheme to the frequent trader
scheme, the customer can specify the shift to be effective immediately
or from the date when the change in the billing Scheme done
. |
| |
Click
here for form |
|
In
case of shift from the frequent trader scheme to the standard
scheme, the shift is always effective from the date when the
change in the billing Scheme is been done. |
| |
|
The application should
be made in the prescribed form available at the nearest ICICIBank
Branch
The application should be signed by
all the holders.
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18.
Closure of Account
If you want to close your demat account, you need to make a request for it in the prescribed form. The account closure form is available at any ICICI Bank Branch providing Demat services. Please submit the duly filled-up form at the nearest ICICI Bank Branch providing demat services.
Before submitting the form, please ensure that:
- EITHER there are no holdings in the account OR you have requested transfer of all the holdings present in the account in the account-closure form
- You have paid all your dues.
The charges for transfer of securities on closure of the account are the same as those for normal transfers. Earlier the NSDL portion was waived; but now NSDL has withdrawn the waiver.
Demat
Closure Form
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19.
Account Security
Please remember that
the securities that you have in your demat account are similar to
the money that you hold in your bank account. You need to exercise
all the precautions for your demat transactions as your exercise
for your bank transactions.
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20.
Procedure for Change in Signature
In order to change your signature in your demat account, kindly submit the 'Change of Signature' form at any of the nearest ICICI Bank Branch offering demat facility.
To download the form, click here.
Kindly enclose the following documents with the form:
- Enclose copy of any one of these documents for proof of identity (To be verified with original by branch person):
Voter ID card
Driving License
Passport
PAN card
- Enclose the latest transaction statement of the demat account.
|
The new signature will have to be attested by the Branch Manager where you hold the bank account specified in your demat account. Kindly mention the reason for change of signature.
After submitting the duly filled form, the new signatures will be registered in our records in 7 working days.
|
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21.
Demat Securities in Different Name Combination
How to demat securities in different name combination?
- The combination and the order of holder's names on DRF and as printed on the share certificate should be identical with that in the Demat account.
For example, if the share is in the name of X, Y (X as first holder and Y and second holder) it cannot be dematerialized in the account of either X or Y alone. Nor can it be dematerialized in the name of Y, X (Y as first holder and X as second holder).
- If the names are the same in the certificates and in the Demat account, but the order is different, then dematerialization is possible by submitting a Transposition Request Form along with the DRF. The form is available at any ICICI Bank branch offering Demat Services.
- The DRF must be signed by all the account holders and should be in the same order. The signature on the DRF should match with the specimen signature as in the records of ICICI Bank. If the signature differs, you should sign the DRF in the presence of the Branch Officer.
- If you have a doubt that the signature on the DRF may not match with that registered with the Registrar, you can get the signature on the DRF attested by your banker.
- The details of certificates such as the folio no., certificate no., and distinctive no. must be filled up correctly on the DRF.
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22.
Transfer Cum Demat
How to do Transfer cum Demat ? (Demat)
SEBI has withdrawn Transfer-cum-Demat since February 10, 2004.
We suggest that you should first contact the registrar of the company and get the physical share certificates transferred and then contact ICICI Bank branch offering Demat services for converting them into electronic form to be held in your Demat account.
While submitting the DRF with the physical certificates, please ensure that:
- The Demat Request Forms (DRFs) are signed by all the Demat account holders.
- The share certificates, as mentioned in the DRF, are attached.
- The certificates belong to a company which has dematerialized its shares.
- The holding pattern on the certificates is identical to the holding pattern in the Demat account.
If there is a mismatch between the holding pattern of physical certificates and that of the Demat account, you can:
Open a new Demat account in the name/s in which the share certificates are held
Fill up a "Transfer Deed" form available with any stock broker or stock exchange, attach the share certificates to it and send the documents to the registrar of the company concerned. The registrar will issue new share certificates with holding pattern in the same combination as in the Demat account.
The registrar’s contact details are given on the share certificate.
You may also find them through the steps given below:
- Visit www.nseindia.com
- Under the heading "Corporate" click on "Co. Information"
- Click on "Office Addresses, Transfer Agents & Company Website" and enter the name of the company whose information you want
- Click on "Search" tab to get the information.
(You can also visit www.bseindia.com and get the information).
To find the shares which are available under Demat list:
- Visit www.icicibank.com
- Click on the "Demat" tab. You will go to the Demat section
- Click on the link "ISIN Lookup"
- Enter the name of the company whose information you want and click on "Go" to know whether the script is available under Demat.
You can also visit the site www.nsdl.co.in and get the information. Top
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