Demat Services

E-mitra | Demat services | Internet Banking | ATM Services | Real Time Gross Settlement- RTGS

We have launched depository participant services with National Securities Depository Ltd., (NSDL). You can now hold your securities as electronic book entries and transfer securities without actually handling physical scripts. Hand in your share certificates with a Demat Request form. When you want to sell or purchase securities, you only need to give delivery/instructions to effect a settlement.

Why should I hold securities in dematerialized form?
Because, in the demat form, you do not run the risk of theft, loss, misplacement, bad deliveries, or damage to scripts. No stamp duties on transfers of securities.
No bad deliveries

The settlement cycle is faster. You do not lose out on market opportunities as the securities are available in your account immediately after pay out(T+2 settlement). There are no cumbersome transfer deeds to be signed and bonus and rights shares are credited by issuers directly into your demat account, cash components to your SB/CA accounts maintained at your branch directly through ECS, eliminating delays.

When you purchase new issues of securities in the primary market, they are directly credited to your account on allotment. You enjoy preferential treatment to obtain loans against demat shares. SBBJ is registered with NSDL as a Depository Participant, which permits us to perform the following activities:

• Demat and Remat of securities such as equities, shares and debentures

• Market transfer purchases and sales

• Off-Market transfer purchase and sale

Our Depository Participant ID NO. IN 302531 situated at Prithviraj Road, Jaipur

SCHEDULE OF CHARGES