Oops! Such a simple short form didn't come in my mind. Silly mistake.
Thanks a lot for this. By the way I am not good with short forms.
Now if I had to write this only then no use of this mail... But, teri a
little.
When selecting your DP, and if you are deciding to go with CDSL which I
recommend, then please insure that your dp has got a facility which is known
as "easiest", a service which gives you everything online.
In case if you are interested, then you may visit cdsl website@:
www.cdsl.co.in
Regards
Amar Jain.
----- Original Message -----
From: "Mukesh Sharma" <[email protected]>
To: <[email protected]>
Sent: Tuesday, September 22, 2009 8:16 PM
Subject: Re: [AI] information needed for demate
Left Thumb Impression
-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Amar Jain
Sent: Tuesday, September 22, 2009 8:06 PM
To: [email protected]
Subject: Re: [AI] information needed for demate
Sir,
What do you mean by LTI?
I'm sorry, I am not aware about this short form.
Any dp can open our account. So not an issue.
NSDL circular is up on the website of very handsome guy Mr. Prateek
Agarwal.
However, I will be sending you the same in next mail.
CDSL instructions are explained in point no: 2.5 of dp operating
instructions, I'm sorry, uptill now neither I have got a copy myself, nor
I
have received it from any of our accessindian.
However, please contact in case of any query:
[email protected]
I must say their response is very good.
Hope it helps,
Amar Jain.
----- Original Message -----
From: "Vamshi. G" <[email protected]>
To: <[email protected]>
Sent: Tuesday, September 22, 2009 7:07 PM
Subject: Re: [AI] information needed for demate
Hi
One of my friends is trying to open a demat account with a DP,
arthaman, if I've spelt it correctly. Can we open an account with LTI
even with DPs?
And please provide me with the guidelines required to open a demat
account with NSDL and CDSL.
--
G. Vamshi
PH Res : +91 877-2243861
Mobile: +91 9949349497
E-mail ID:
[email protected]
Skype: gvamshi81
God helps those who help themselves
On 9/18/09, Amar Jain <[email protected]> wrote:
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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