Dear Amiyoda Demat accounts are not under the purview of the RBi and Banks. You can buy securities like shares in a demat form and these are stored in your demat account which is governed by SEBI and the 2 depositories are NSDL and CDSL. There is a circular each from NSDL and CDSL for the VI. Banks may be depository participants of either NSDL or CDSL. I have a demat account with Stock Holding Corporation of India which is also a depository participant but not a bank. Banks have to follow the NSDL or CDSL circulars with regard to the demat account. The 2008 RBI circular wont apply. Banks offer the convenience of triple accounts 1The regular account which is regulated by RBI and IBA circulars 2. The Demat account which is regulated by NSDL and CDSL circulars. 3. Trading account -I am not aware if anyone has worked on this circular. Most banks just conveniently forget about asking more questions after the first 2 accounts are opened. Since I had got the NSDL, RBI and IBA circulars I thought I should work on the Trading account but somehow I didn't. Hoping someone else has done the job. If not...
Kanchan -----Original Message----- From: AccessIndia [mailto:[email protected]] On Behalf Of Amiyo Biswas Sent: Monday, January 9, 2017 9:02 PM To: AccessIndia: a list for discussing accessibility and issues concerning the disabled. Subject: Re: [AI] can't we open demat account with thum impression RBI issues its master circular every year and they do not mention in detail the facilities we have every master circular. A bank officer told a friend to find out something in the form of an order. These are all guidelines which the banks are not bound to follow perhaps. Please clarify. With best regards, Amiyo Biswas Cell: 9433464329 ----- Original Message ----- From: "Kotian, H P" <[email protected]> To: "AccessIndia: a list for discussing accessibility and issues concerning the disabled." <[email protected]> Sent: Monday, January 09, 2017 5:08 PM Subject: Re: [AI] can't we open demat account with thum impression > Hi > RBI through its circular, had stated, all banking services should be given > to blind persons. Therefore, there is no merit in baring demat services. > Moreover, demat account is linked to your savings account, so, I don't > what is the justification in extending savings account without demat > account. > This iswhimsical ways of the official concerned. Don't take it. > Harish Kotian > > > -----Original Message----- > From: AccessIndia [mailto:[email protected]] On > Behalf Of Aravind R > Sent: Monday, January 9, 2017 3:44 PM > To: AccessIndia: a list for discussing accessibility and issues concerning > the disabled. <[email protected]> > Subject: [AI] can't we open demat account with thum impression > > dear friends, > > i asked for demat acount from ICICI. > my pan card has my thumb impression as signature so, ICICI back office > refused my application. > however, they are ready to open saving banks by accepting my thumb > impression cheque leaf. > is it correct to refuse for demat account due to thumb impression? > > -- > nothing is difficult unless you make it appear so. > > r. aravind, > > Assistant manager > Department of sales > bank of baroda retail loan factory, Chennai. > mobile no: +91 9940369593, 9710945613. > email id : [email protected], [email protected]. > > > Register at the dedicated AccessIndia list for discussing accessibility of > mobile phones / Tabs on: > http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessind ia.org.in > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > > To unsubscribe send a message to > [email protected] > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, > please visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in > > > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of > the person sending the mail and AI in no way relates itself to its > veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > > ________________________________ > > Caution: The Reserve Bank of India never sends mails, SMSs or makes calls > asking for personal information such as your bank account details, > passwords, etc. It never keeps or offers funds to anyone. Please do not > respond in any manner to such offers, however official or attractive they > may look. > > > Notice: This email and any files transmitted with it are confidential and > intended solely for the use of the individual or entity to whom they are > addressed. If you are not the intended recipient, any dissemination, use, > review, distribution, printing or copying of the information contained in > this e-mail message and/or attachments to it are strictly prohibited. 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Contents of the mails, factual, or otherwise, reflect the thinking of > the person sending the mail and AI in no way relates itself to its > veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessind ia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list.. Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list..
