Someone can u explain the procedure for openening the dmat *** savings account in icici bank?

Question

Someone can u explain the procedure for openening the dmat *** savings account in icici bank?

Answer 1

Go to https://secure.icicidirect.com/customer/... and fill out the form for "Share Trading Account". A ICICI representative will contact open ICICI bank account for you along with opening DEMAT account.

You can also apply for Overseas Trading through ICICI Direct if you wish to trade in NYSE, NASDAQ US exchanges where companies from all over the world are listed. A seperate DEMAT account will be created for overseas investments to hold your stocks.

Answer 2

This is the general procedure and documents you will need.

Along with the application form, your photographs (with co-applicants) and proof of identity/residence/date of birth have to be submitted. The DPs also ask for a DP-client agreement to be executed on non-judicial stamp paper. Here is a broad list:

- A canceled check, preferably MICR

- Proof of Identification

- Proof of Address

- Recent photographs, one and, or more

For proof of identification and, or address self-attested facsimile copies of PAN card, Voter’s ID, Passport, Ration card, Driver’s license, Photo credit card, Employee ID card, Bank attestation, latest IT returns and, or latest Electricity/Landline phone bill are sufficient. While they only ask for photocopies of the documents, they will need the originals for verification.

For more check out this link:

http://www.stockinvest.in/demat-account/