You are here »  Personal Banking »  Services » DEMAT
If you are interested in opening an account, visit your nearest SVC branch.

Click here to locate your nearest SVC Branch.
Begin the join process!

Click here to download form or pick up a copy at your local SVC branch.
If you cant find what your looking for, just ask us!

Click here to send your query.
DEMAT- Depository Services
    Depository Services:-
  • A “Depository” is a provider of facility for holding and/or transacting securities in, book entry form.  Physical securities can be converted into book entry form i.e. electronic form. 
  • To avail the services offered by a depository, the investor has to open a DEMAT account with a registered DP.
    Benefits of Depository System :-
  • No risk of theft / misplacement / loss of securities.
  • Quick credit of IPO / FPO / Rights / Bonus / Sub-division.
  • Immediate credit in Bank account for Refunds / Dividends / Redemptions / Buy Backs. No risk of fraudulent encashment.
  • Easy to change Address / ECS Bank mandates.
  • Nomination / Change in nomination facility.
  • Transmission facility with minimum legal procedures.
  • Pledge of securities in case of Borrowing / Lending against securities.
  • Instantaneous Debits / Credits of securities.
  • No Stamp duty on transfer of securities.
  • No risk of bad delivery.
  • Market lot of one share.
  • Get statement of Holdings as & when needed from DP.
  • Complete / Partial – Freeze / Unfreeze facility.
  • Appoint Power of Attorney for operation of DEMAT account.
    SVC Bank offers Depository Services :-
  • Open a DEMAT account.
  • Maintain record of holding in electronic form.
  • Dematerialization: Convert physical securities into electronic form.
  • Rematerialization: Convert electronic securities held in BO account into physical form.
  • Effect settlement of trades done on Stock Exchanges. (Market trades)
  • Effect settlement of transactions of BOs outside the Stock Exchange. (Off Market Trades).
  • Credit electronically securities like IPO / Rights / Bonus shares.
  • Pledging of Dematerialized securities for availing credit facilities.
  • Freezing of DEMAT account / ISIN for debits / credits / Both, partial / full.
  • Internet facilities "easi" and "easiest".
  Open Demat Account with us (DP):-
  • One Latest Passport Size Coloured Photograph
  • Photocopy of PAN Card
  • Banking Account (ECS Mandate & Standing Instructions)
  • Original Cancelled MICR cheque for ECS Mandate
  • Birth Certificate in case of Minor’s Account
  • Permanent and Correspondence Address Proof need to be submitted from any of the given below which should be self-attested.
    1. Passport ( Check the Validity)
    2. Driving License (Check the Validity)
    3. Election Commission Card.
    4. Identity Cards issued by Central/State Governments or their Subsidiaries or State owned Public Sector Units.
    5. Telephone or Electricity Bills (Billing Period within 2 months)
    6. Ration Card / Supported by One Additional Address Proof
    7. Bank Passbook
    8. Leave & License Agreement (Within Validity Period)
    9. Bankers Certificate.
  • Duly filled in AOF (A/c Opening Form)
  • Duly franked & executed agreement within validity period of 6 months from the date of franking.
  • HUF declaration in case of HUF A/c.
  • SMS alert form (if applicable)
  • Power of Attorney (if applicable)
  • Copy of RBI approval and proof of NRI status in case you happen to be an NRI.
  We will open your DEMAT account and instantly allot you 16 digit unique account number, now you can use this account for transacting in securities.
  Dematerialise your physical shares :-
  • After having opened your Demat Account with us, submit your securities / share certificate(s) along with Demat Request Form (DRF) to any of our Depository Services Centres (Branches). 
  • We will forward the securities to the Company / Registrar and transfer agents (RTA) who will credit an equivalent number of securities into your Demat account with us.
  • The entire process may take 21-30 days.
  Sale / Purchase of Demat Securities (Trading) :
  • For trading, you can register yourself with a broker of your choice. 
  • Place Sale / Purchase order with your broker. 
  • If purchase order is placed & duly executed by your broker, the securities will be credited to your Demat account with us automatically by your broker. 
  • And if sale order is placed & duly executed by your broker, you need to instruct us by giving duly filled in Delivery Instruction Slip signed by all holders for delivery of the securities (for debiting to your account and sending securities for settlement).
  Other features of our  Depository  services:-
  • You can maintain ZERO balance in your Demat Account.
  • Account can be operated by Power of Attorney holder.
  • SMS alert facility
  • Viewing / transacting facility through internet “easi” or “easiest” facility.
Monthly Payment EMI:

* Conditions Apply
© 2015 THE SHAMRAO VITHAL CO-OPERATIVE BANK. All rights reserved. Site best viewed in IE 6.0+ in 1024x768 resolution