utilise the services offered by a depository, any person having investment in
any security or intending to invest in securities needs to have a demat
account with a CDSL-DP. This holder of such demat account is called as "Beneficial
Owner (BO)". A BO can maintain a demat account with zero balance in
such account. For receipt of securities into his/her account, a BO can give
one time "standing instruction" to DP. Once such a standing
instruction is given to the DP, there is no need to submit separate
instructions for receipt every time the investor buys securities.
Proof of identity -A copy of any of the following documents is to be submitted
Proof of permanent address & correspondence address- a copy of any of the
following documents is to be submitted as address proof.
card with photograph
bank pass book
of Electricity Bill
of Telephone Bill
of rent Agreement
One passport size photograph of each applicant with his or her signature across
the holder happens to be a minor the following documents are to be submitted.
of birth certificate
of address and identity documents of the guardian
passport size photograph of the minor, guardian and each of the applicants with
their signature across the photograph. Guardian to sign across the photograph.
true copy of Board Resolution to open and operate DEMAT account with CSBL DP.
The resolution may specify the manner of operation.
and articles of association.
passport size photograph of each authorized
signatory with their signature across the face of the photograph.
Names designation of authorized signatories And
signature duly verified by their MD/CS.