[nilesh]

Discuss about demat account bank of india here. Welcome to Courses.ind.in and this page is for demat account bank of india discussion. If you are looking for information on demat account bank of india then ask your question is as much details as possible in the “Reply” box provided below. The more detailed your question will be, the more easy will it be for our experts to answers your query. And if you have any updated or latest information on demat account bank of india, then please share you knowledge with our experts in the “Reply” box below. Your reply will be published here and your knowledge can help many people. Thanks for stopping by at Courses.ind.in. Please visit again.

Hii sir, I Wants to get the Information About the Demat Account of the Bank Of India Will you Please Provide It ?

[Vishal Kotkar]

Bank of India is commercial bank with headquarters at Bandra Kurla complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969.

Dematerialisation

Dematerialisation (“Demat” in short form) signifies conversion of a share certificate from its physical form to electronic form for the same number of holding which is credited to your demat account which you open with a Depository Participant (DP).

Procedure for Dematerialisation

Dematerialisation is a process by which the physical share certificates of an investor are taken back by the Company and an equivalent number of securities are credited in electronic form at the request of the investor.

An investor will have to first open an account with a Depository Participant and then request for the dematerialisation of his share certificates through the Depository Participant so that the dematerialised holdings can be credited into that account.
This is very similar to opening a Bank Account.

For more information you may Contact to the Bank of India the contact Detials Are given below

Contact Details

BANK OF INDIA
STAR HOUSE
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051.
Ph: 022-66684444