Dear Bhaiya,
First, with which body?
CDSL/NSDL?
Fortunate enough you are, that you got branch manager stamp and sign on 54
impressions.
Even my manager is good, when I enter he offers me tea etc, but I can't
tell
him to sign on 54 impressions because next time he will be afraid whenever
I
will enter in his cabin. And I wont get my mutual funds form signed when I
enter next time.
In the case of NSDL it is bit easier for us to get the things done since
we
have clear cut circular from them but as of now, in the case of cdsl its
not because we haven't got the written instruction yet.
I suppose you have acount with nsdl and not with cdsl.
Anyways, luckiest man on this earth for getting things done in such a easy
way.
However if branch manager verifies all the impressions, then no need to
get
it notrized.
Regards
Amar Jain.
----- Original Message -----
From: "Rohiet A. Patil" <[email protected]>
To: <[email protected]>
Sent: Friday, September 18, 2009 11:08 PM
Subject: [AI] [SPAM detected YNYN Spam-Test: True ; 3.0 / 3.0] Re:
information needed for demate
I have open my d mat account with bank of india very easyly. Further, I
also
open a traiding and d mat account with a furm there were 54 thumb
impraitions. All these were signed by my branch manager. So in my case I
did
not notirise it.
Fortunatly, it was a very easy task for me.
Thanks and regards,
Rohiet
----- Original Message -----
From: "Amar Jain" <[email protected]>
To: <[email protected]>
Sent: Friday, September 18, 2009 1:08 AM
Subject: Re: [AI] information needed for demate
Dear Sir,
We both are traveling in the same boat.
Firstly, in which bank you have your bank account?
Because, you should open your demat account with the same bank.
The point which needs to be noted is, most of the banks are opening
account
with cdsl and not with nsdl.
The instructions for opening our account with cdsl is explained in dp
operating instructions point no. 2.5. For instructions, contact your
nearest
DP since they only possess the copy of dp instructions.
You can also send your problems to:
[email protected]
Points need to be taken care while filling up the form:
1. All the thumb impressions on Demat account form, are need to be
verified
by the branch manager.
In the case of State bank of India it is 9 thumb impressions. So, on 9
thumb
impressions, the stamp sign and the code of branch manager needs to be
put.
All the thumb impressions need to be done in front of branch manager.
Then
only he will verify.
Note: the stamp of the branch manager should not contain any disclaimor
which says "We are not lible for unauthorize use of something....",
because
if it contains any such, your form will be rejected.
2. All zeroxed documents must contain your thumb impression on each, with
the verification of branch manager. All will same. Stamp, sign and branch
manager code.
3. A statement should be there which says that complete form has been red
in
front of you, with the verification of branch manager and should be
signed
by two witnesses. This is the requirement of DPCPC and not of CDSL but it
needs to be done. So where that statement should be or actually where it
is
for that contact your DP.
Because this is today's rejection so tomorrow I am going to find it out
that
where it should be written. So cant be precise about this part.
I only know the process of thumb impression since I do that only.
These much rejections I have got uptill now, so only this much I will be
able to tell you!!!
The procedure is dam lengthy, so be patient and your DP should be
co-operative then you can proceed further even with rejections!
Prayers from my heart, that you never get rejections due to lack of
awareness of guidelines on the part of DPCPC.
Now talking about trading form:
First your demat account should be opened then only trading account...
All thumb impressions on trading form needs to be notrised.
The agreements included in the form should also be notrised.
In the case of notry here, they will put a stamp and sign on all the
thumb
impression, and at the last page last thumb of form, they put some red
ceal
or something... or perhaps some red stamp.
But every agreement needs to be notrized.
The superb part of this process, in the case of Motilal Oswal trading
form
there are 39 thumb impressions. Below 30 or 34 thumb impressions I have
never seen any form. So just think of some good source who can get it
notrized or get ready to pay good amount to notry people.
I know this much only.
My best wishes.
I am not trying to make you afraid, but just explaining you all the
difficulties which are coming in my path.
Hope it helps,
Amar Jain.
----- Original Message -----
From: "jignesh thakur" <[email protected]>
To: "accessindia" <[email protected]>
Sent: Thursday, September 17, 2009 11:57 PM
Subject: [AI] information needed for demate
Hi all,
I want to open demate account for online trading. So please advice me
which demate is good for us? And please share your experience.
Thanks in advance.
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