Demat Account India - Open Demat Account Online with YES BANK

Demat Account

Keep track and manage your shares in an electronically safe and secure way

YES BANK is a Depository Participant (DP) with NSDL. The Bank offers its depository / demat services to retail as well as corporate investors.

Your Demat account with YES BANK will enable you to easily convert your shares from physical mode to electronic units. Your Demat account will also simplify demat transactions like transfer, settlement and overall management of shares. YES BANK Demat account offers you an online, seamless and safe mode to keep track of your investments in equity, debts, mutual funds, bonds & other financial instruments in a single account.

YES BANK offers demat services from a network of 279 Branches. Click here to download the Demat Live branches.

Charges:

Your Demat account charges are best in industry and quite competitive. You can download your Demat SOC by clicking here

Depository charges which are charged additional to your Demat SOC can be downloaded by clicking here: Depository Charges

Attention Investors:

Have a query pertaining to your Demat account, write to dphelp@yesbank.in

For filing a complaint with SEBI, visit: https://scores.gov.in/scores/Welcome.html

Filing complaints on SCORES- Easy & Quick

Register on SCORES portal
Mandatory details for filling complaints on SCORES
- Name, PAN, Address, Mobile Number, E-mail ID

Benefits:
- Effective communication
- Speedy redressal of the grievances
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.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Prevent Unauthorized Transactions in your demat account - 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 NSDL on the same day. Issued in the interest of investors.

key attractions

COMPETITIVE CHARGES

Highly competitive service charges

NO STAMP DUTY

No stamp duty on transfer of securities held in Demat form

features & benefits

The Advantage Of Speed

Immediate transfer of securities

Immediate transfer of securities
Automatic credit of proceeds resulting from various corporate actions into your YES BANK savings account
Transmission of securities is done by DP, thus eliminating correspondence with companies

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The Ease Of Convenience

Nomination facility available

Nomination facility available
Regular statement of account of your transactions/holdings
View Demat Status and request for Delivery Instruction Slip/ Pledge Booklet online

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The Benefit Of Security

Elimination of risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc

The Support Of Personalized Service

The bank offers services of dedicated and trained customer care officers at your branch, so your transactions are safe and worry-free.

what would you like to do next?

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Terms and Conditions

Terms of Agreement for Demat A/C

Rights and Obligation of BO and DP

Documents required for Demat Account opening

Have any other query?

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Q. Do I have to keep any minimum balance of securities in my account?

A. No, there is no prescribed minimum balance. You can have a zero balance in your account.

Q. Can someone else operate my account on my behalf on the basis of a power of attorney?

A. Yes, if you authorise any person to operate your account by executing a power of attorney (POA) and submit it to us, that person can operate the account on your behalf. If you have given POA earlier and now wish to operate the account yourself, the POA has to be revoked by you in writing.

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