Bank of India is one of the leading Depository Service providers. With a view to adding value to our banking services and making available the numerous benefits of depository system to our clients, Bank of India has been offering DEMAT/Depository services through both the Depositories viz. National Securities Depository Limited (NSDL) and Central Depository Services (India) Ltd. (CDSL).
Demat Account can be opened by individuals including NRIs, Partners, Corporates, Stock Brokers and Clearing Members of Stock Exchanges with any of our Branches. Our Centralised DP Offices (BOI NSDL DPO and BOI CDSL DPO) is situated in Fort, Mumbai and all our Branches in India (including Rural Branches) facilitate opening of Demat Account.
In terms of SEBI directives, now KYC compliance and PAN card details are mandatory for opening DEMAT account. Our DEMAT account holders who have still not furnished these details are requested to immediately provide a copy of the KYC Documents ( Latest Address proof and PAN card) to the nearest Bank of India Branch for onward submission to DP Office situated in Mumbai. Customers may also send the documents directly to our DPOs in Mumbai after getting the same certified as true copy by the Bank Official.
Bank has joined the National Commodity Derivatives Exchange of India Ltd. (NCDEX) as a Depository Participant offering commodity DEMAT account facility through our NSDL as well as CDSL DPOs. While our Stock Exchange Branch is one of the Clearing Banks for settlement of trades in commodities of NCDEX, Bullion Exchange Branch is a Clearing Bank of the Multi-Commodity Exchange of India Ltd. (MCX), another premier commodity exchange. Traders/members of NCDEX and MCX may join our Stock Exchange branch/Bullion Exchange branch and avail clearing bank facility. With our 3500 plus branches on core banking platform, traders/members of NCDEX and MCX and their clients can avail the internet banking , anywhere, anytime and multi-branch banking, easy payment and remittance solutions across our branches and branches of other banks. Commodity DEMAT’s account facility available with both our NSDL and CDSL DPOs to the member traders and their clients of the National Commodity Derivatives Exchange of India Ltd. (NCDEX)
Bank of India DP Offices: Bank of India - NSDL DPO
DP ID IN 300749 1st Floor, Bank of India Building 70/80 M.G. Road, Fort Mumbai – 400023 Ph: 022- 2269 6062, 2269 6059, 2267 1517, Fax: 022 – 22696056 E-mail: Mumbaisouthzone.firstname.lastname@example.org
Bank of India - CDSL DPO DP ID 20800000 1st Floor, Bank of India Building 70/80 M.G. Road, Fort Mumbai – 400023 Ph: 2262 1097, 2262 1093, 2262 1095, Fax: 022 – 2262 1096. E-mail: Cdsldpo.email@example.com
Bank of India, Head Office- TrBDept., C5, G Block, Bandra Kurla Complex, Mumbai-400 051. Ph: 022-6131 7587 Email: Headoffice.Trbd@bankofindia.co.in
Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account directly from depository on the same day…………. issued in the interest of the investors KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.