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January 25th, 2018 11:53 AM
Vishal Kotkar
Re: demat account bank of india

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
January 25th, 2018 11:53 AM
Unregistered
Re: demat account bank of india

Hii sir, I Wants to get the Information About the Demat Account of the Bank Of India Will you Please Provide It ?
November 30th, 2015 01:29 PM
nilesh
Demat Account Bank Of India

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