| Activity | Charges / Rate |
| For detailed conditions please refer below. | |
| Fixed Upfront Charge | Rs. 800 p.a. |
| Annual Maintenance Charges | Nil |
| Transaction Charges (Market &Off Market) | |
| for Sell | Rs. 8.00 (Inclusive of NSDL Charges) per instruction. |
| for Buy | Nil |
Home> Corporate Banking > Investments and Services > Demat Account
TMB is a accredited depository participants with the NSDL (National Depository Services Limited). Our charges are extremely nominal and service is quick. We offer three different types of demat accounts to suit your different volumes and frequency of activity in the account.
TMB Demat Scheme 800 - Schedule of Charges :
| Activity | Charges / Rate |
| For detailed conditions please refer below. | |
| Fixed Upfront Charge | Rs. 800 p.a. |
| Annual Maintenance Charges | Nil |
| Transaction Charges (Market &Off Market) | |
| for Sell | Rs. 8.00 (Inclusive of NSDL Charges) per instruction. |
| for Buy | Nil |
TMB Demat Scheme 1000 - Schedule of Charges :
| Activity | Charges / Rate |
| For detailed conditions please refer below. | |
| Fixed Upfront Charge | Rs. 1,000 p.a. |
| Annual Maintenance Charges | Nil |
| Transaction Charges (Market &Off Market) | |
| for Sell | 0.03% of Market value of security dealt with / transacted. |
| for Buy | Nil |
TTMB Demat Scheme 1500 - Schedule of Charges :
| Activity | Charges/ Rate |
| For detailed conditions please refer below. | |
| Fixed Upfront Charge | Rs. 1,500 p.a. |
| Annual Maintenance Charges | Nil |
| Transaction Charges (Market &Off Market) | |
| for Sell | NSDL Charges Only (Rs. 5.00 at present). |
| for Buy | Nil |
TMB Demat Account Services - Schedule of Charges :
| Activity | Charges / Rate |
| For detailed conditions please refer below. | |
| Account Opening | Nil |
| Stamp Duty during Account Opening | At Actuals. |
| Annual Account Maintenance Charge (Upfront) | Resident Individual & HUF - Rs. 250 p.a., Others - Rs. 500 p.a., SB Premium A/c Holders - Nil, Senior Citizens - Rs. 125 p.a. |
| Demat | Rs. 2 per Certificate subject to minimum of Rs. 10 plus Rs. 50 Postage Charges. |
| Transaction Charges | Sell(Market / Off Market) - Rs. 15 + NSDL Charges, Buy - Nil. |
| Pledge Creation | 0.02% of Market value with the minimum of Rs. 25 per transaction plus NSDL Charges Extra. |
| Pledge Closure | 0.02% of Market value with a minimum of Rs. 20 per transaction. |
| Remat | Rs. 15 + NSDL Charges + Postage Rs. 50 Subject to a maximum cap of Rs. 5,00,000. |
| Securities Lending / Borrowing | Rs. 25 per transaction. |
| Failed Instruction Charge | Rs. 10 per transaction. |
| Freezing / De-freezing Charge | Rs. 15 per transaction. |
| Pledge Invocation | Rs. 20 per instruction. |
| Delivery Instruction Slip | First Book Free. Rs. 15 per book second book onwards. |
Present NSDL - Schedule of Charges :
| Activity | Charges / Rate |
| For detailed conditions please refer below. | |
| Sell (Market & Off Market) | Rs. 5.00 per Transaction (Nil for Commercial paper and Short Term debit instrument). |
| Rematerialisation | Rs. 10 per Certificate. |
| Pledge Creation / Confirmation | Rs. 25 per Certificate. |
TMB gladly introduces one more facility called SPEED-e and IDeAS from Nov 23, 2006. This facility will facilitate our clients to submit delivery instructions (Debit instructions) and view their demat account maintained with us online. More complete details of this new service are available under this Speed-e and IDeAS Service Document.
The bank has entered into tie-up arrangement with M/s. Religare Securities Ltd. for opening online share trading accounts with competetive brokerage structure. For more information please visit Online Share Trading Platform.
For the Multi-level complaint resolution mechanism available at the Depositories
The bank has entered into tie-up arrangement with M/s. Religare Securities Ltd. for opening offline share trading accounts with competetive brokerage structure. Note: From such Religare Trading Accounts, the bank receives 50% of the commission received from the customer.
The following are the 76 branches that are currently authorized to offer / provide Demat Services to the customers.
Please click this link for answers to your questions regarding transferring MF Holdings in Demat Account. FAQ on Holding of Mutual Fund Units in Demat Accounts of our Bank.
NSDL- 6 KYC attributes Compliance Notice
Towards making Indian Securities Market - Transparent, Efficient, & Investor friendly by providing safe, reliable, transparent and trusted record keeping platform for investors to hold and transfer securities in dematerialized form.
A Depository is an organization which holds securities of investors in electronic form. Depositories provide services to various market participants - Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors in both primary as well as secondary markets. The depository carries out its activities through its agents which are known as Depository Participants (DP). Details available in the link https://nsdl.co.in/dpsch.php
(1) Basic Services
|
Sr. No. |
Brief about the Activity / Service |
Expected Timelines for processing by the DP after receipt of proper documents |
|
1 |
Dematerialization of securities |
7 days |
|
2 |
Rematerialization of securities |
7 days |
|
3 |
Mutual Fund Conversion / Destatementization |
5 days |
|
4 |
Re-conversion / Restatementisation of Mutual fund units |
7 days |
|
5 |
Transmission of securities |
7 days |
|
6 |
Registering pledge request |
15 days |
|
7 |
Closure of demat account |
30 days |
|
8 |
Settlement Instruction |
Depositories to accept physical DIS for pay-in of securities upto 4 p.m. and DIS in electronic form upto 6 p.m. on T+1 day |
(2) Depositories provide special services like pledge, hypothecation, internet based services etc. in addition to their core services and these include
|
Sr. No. |
Type of Activity /Service |
Brief about the Activity / Service |
|
1 |
Value Added Services |
Depositories also provide value added services such as a. Basic Services Demat Account (BSDA) b. Transposition cum dematerialization c. Linkages with Clearing System d. Distribution of cash and non-cash corporate benefits. |
|
2 |
Consolidated Account statement (CAS) |
CAS is issued 10 days from the end of the month (if there were transactions in the previous month) or half yearly (if no transactions). |
|
3 |
Digitalization of services provided by the depositories |
Depositories offer below technology solutions and e-facilities to their demat account holders through DPs: e. E-account opening f. Online instructions for execution g. e-DIS / Demat Gateway h. e-CAS facility i. Miscellaneous services |
(1) The Process of investor grievance redressal
|
1 |
Investor Complaint/ Grievances |
Investor can lodge complaint/ grievance against the Depository/DP in the following ways: . Electronic mode - i. SCORES (a web based centralized grievance redressal system of SEBI) [https://www.scores.gov.in/scores/Welcome.html] ii. Respective Depository’s web portal dedicated for the filing of compliant [https://www.epass.nsdl.com/complaints/websitecomplaints.aspx] iii. Emails to designated email IDs of Depository The complaints/ grievances lodged directly with the Depository shall be resolved within 30 days. |
|
2 |
Investor Grievance Redressal Committee of Depository |
If no amicable resolution is arrived, then the Investor has the option to refer the complaint/ grievance to the Grievance Redressal Committee (GRC) of the Depository. Upon receipt of reference, the GRC will endeavor to resolve the complaint/ grievance by hearing the parties, and examining the necessary information and documents. |
|
3 |
Arbitration proceedings |
The Investor may also avail the arbitration mechanism set out in the Byelaws and Business Rules/Operating Instructions of the Depository in relation to any grievance, or dispute relating to depository services. The arbitration reference shall be concluded by way of issue of an arbitral award within 4 months from the date of appointment of arbitrator(s). |
(2)For the Multi-level complaint resolution mechanism available at the Depositories
|
Sr. No. |
Type of special circumstances |
Timelines for the Activity/ Service |
|
1 |
o Depositories to terminate the participation in case a participant no longer meets the eligibility criteria and/or any other grounds as mentioned in the bye laws like suspension of trading member by the Stock Exchanges. o Participant surrenders the participation by its own wish. |
Client will have a right to transfer all its securities to any other Participant of its choice without any charges for the transfer within 30 days from the date of intimation by way of letter/email. |
