Indian Bank DP ID

Will you please provide me e-mail address provided by Indian Bank, related to DP services so that I can enquire further details and please also let me know FAQs related to the services?

Don’t worry I will get the Indian Bank, DP services FAQs and will also provide you e-mail address, so that you can check it easily.

Here is the e-mail address for more information about DP Services

DP Services
ibdps@indian-bank.com

Here are some FAQs

What is a depository?
Ans. A depository can be compared to a bank. A depository holds securities, in electronic form.

How can I avail the service of a depository?
Ans. If an investor wants to avail the services offered by the depository, he has to open a D’mat account with a DP.

Can I open more than one account with the same DP?
Ans. Yes. There is no restriction on the number of accounts you can open with a DP.

Am I restricted to having account with only one DP?
Ans. No. There are no restrictions on the number of DPs you can open accounts with.

Can I open a single account for securities owned in different ownership patterns such as securities owned individually and securities owned along-with my wife?
Ans. No. The demat account must be opened in the same ownership pattern in which the securities are held in the physical form. e.g. if share certificate is in your individual name and another certificate is jointly held in your and your wife's name , two different accounts would have to be opened.

FAQs on DP Services






Address:-
Indian Bank
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014

Phone:-
044 28134300

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Answered By StudyChaCha Member