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.
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
As per SEBI Regulations, below mentioned 6 attributes are mandatory for opening and operating Demat account:
PAN – Aadhaar linking
If any of the above details are not updated in your Demat account, your account may be marked as Freeze and you may not be able to transact in your Demat account. Kindly visit your nearest DP Live Branch to update the aforementioned details if not already updated.
Have a query pertaining to your Demat account, write to email@example.com
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
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.
Highly competitive service charges
Keep all your Securities, MF, Bonds etc in a Single Demat account
Immediate transfer of securities
Nomination facility available
Elimination of risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc
The bank offers services of dedicated and trained customer care officers at your branch, so your transactions are safe and worry-free.
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.
YES BANK offers a secure and convenient way to keep track of your shares.
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