What is a depository?

A Depository is an organization which holds investors securities in electronic form. The depository also provides services related to various transactions in such securities. A depository interfaces with its investors through Depository Participants. Depository Participants maintain investors accounts (DEMAT accounts) which are similar to Savings Bank/Current accounts with a Bank. Purchase and sale of securities can be done through DEAMT account. The Depository services are carried over in the name of Canara bank Securities Limited (CBSL) a wholly owned subsidiary of Canara Bank. CBSL is having membership in both equity exchanges - NSE & BSE. CBSL is also offering Depository Services and is registered with NSDL. 

CBSL Offers Online Trading (OLT), through web based portal www.canmoney.in
 

Why DEMAT account:

  • Shares are held in electronic form
  • No need to safe keep share certificates
  • No need to remember record dates of various companies
  • Immediate transfer of securities
  • No stamp duty on transfer of securities
  • Risk of bad delivery, fake securities eliminated
  • Reduced paper work for transfer of securities
  • Reduced transaction cost
  • Nomination facility available
  • Automatic noting of change of address
  • Easy transmission of securities
  • Automatic credit of Dividend / bonus shares

SMS alerts will be sent by NSDL upon occurrence of the following events, where mobile telephone numbers furnished by clients is captured by DP in the DPM system and SMS flag is ticked:

  • All Debits and credits (transfers); Credits for IPO, sub-division and bonus
  • Failed instructions; Overdue instructions
  • Change of mobile number; Change of address
  • Credit / debit of Mutual Fund Units
  • IDeAS (Internet based Demat Account Statement) FACILITY  FOR VIEWING AND DOWNLOADING BY DP CLIENTS.
  • NSDL has launched ACE (Alerts to Clients through Email) for sending E-mails whenever change of address is noted in DPM system.

Why DEMAT account/Trading Account with Canara Bank/CBSL:

  • Multi locational services across the country
  • Competitive charges
  • Customer friendly service
  • IDeAS (Internet based DEMAT Account Statement) facility available for viewing and downloading transaction statements from internet
  • 100% subsidiary of Canara Bank
  • A fully IT based company
  • Free Trade Calls and Research Reports
  • Paper less environment, i.e. Digitally signed contract notes, reports etc. sent by email
  • Mobile Trading facility available in Android & iOS platforms
  • Promotional Incentives
  • Advantage of maintaining CASA account with Canara Bank, a top public sector Bank
  • Active Institutional desk which handles big / bulk orders
  • The company is directed by veterans of the financial sector field vis-à-vis MD & CEO of Canara Bank, ED of Canara Bank, GMs of Canara Bank and Reputed professionals
  • The home page of www.canmoney.in is fully informative and with links to important sites of NSE/BSE/SEBI/NSDL/CDSL/RBI   etc.
  • No hidden charges. Transparency in transactions
  • Direct access to Capital Markets
  • Dedicated & experienced staff
  • Dedicated IT staff to monitor, trouble shoot and redress the customer queries / grievances.
  • Well established systems & procedures

Services available:

  • Account opening
  • Dematerialization
  • Transfer of securities
  • Pledge services
  • Freezing and un-freezing the depository account
  • Nomination facility 
  • Mutual Fund services
  • Settling of death claims, if any in a faster mode

Other Related Services:

Presently CBSL offers following products through its portal www.canmoney.in

There are 4 products in the cash segment viz. Cash & Carry (CNC), Intra Day Trade (IDT), BITSOT.

In the derivative segment CBSL offers trading in FNO segment and Currency Derivative segment of NSE.

Besides online trading products, CBSL also provides online subscription facility to the IPO’s / Mutual Fund Schemes and offline subscription to OFS (Offer for Sale)/SGBs (Sovereign Gold Bonds).

One needs to have 3 in 1 account integration to avail Canmoney products:


 CASA with Canara Bank

 DEMAT Account with Canara Bank Securities Ltd.

 Online Trading Account with Canara Bank Securities Ltd.

PANCHARATNA ACCOUNT- Five utilities in one account

Online/ Phone/mobile trading in Equities (NSE & BSE).

  Online/ Phone/mobile trading in Futures & Options (NSE).

  Online/phone/mobile trading in Currency Derivatives (NSE).

  Online/phone subscription to IPO/ & subscription to OFS/BUY BACK

  Online/phone subscription to Mutual Funds, SGB, Capital gain bonds,etc

Products features detailed below and FAQs will enable the readers to have a clear idea about the products / operations.

Cash & Carry (CNC) (Delivery)

  Intra Day trading (IDT)/Margin Plus

  Buy In Today Sell out Tomorrow (BITSOT)

  Futures and Options (F&O)

  Currency Futures (CDS)

  Dial to Trade

  Online Subscription to Mutual Fund Schemes.

  Online Subscription to IPO’s

  Subscription to OFS/SGB/ BUY BACK

  Online Trading in Gold ETF (Exchange Traded Fund)

  Special Offerings for NRI Clients

  After Market Order (AMO) facility.

MUTUAL FUNDS :

INVESTMENT IN VARIOUS MUTUAL FUNDS MAY ALSO BE HELD IN DEMAT ACCOUNTS
AMC‘s are available on Can money Portal for online subscription through “BSE STAR” MF Platform: 

360 ONE MUTUAL FUND

ADITYA BIRLA SUN LIFE MUTUAL FUND

AXIS MUTUAL FUND

BAJAJ FINSERV MUTUAL FUND

BANDHAN MUTUAL FUND

BANK OF INDIA MUTUAL FUND

BARODA BNP PARIBAS MUTUAL FUND

CANARA ROBECO MUTUAL FUND

DSP MUTUAL FUND

EDELWEISS MUTUAL FUND

FRANKLIN TEMPLETON MUTUAL FUND

GROWW MUTUAL FUND

HDFC MUTUAL FUND

HSBC MUTUAL FUND

ICICI PRUDENTIAL MUTUAL FUND

INVESCO MUTUAL FUND

ITI MUTUAL FUND

JM FINANCIAL MUTUAL FUND

KOTAK MAHINDRA MUTUAL FUND

LIC MUTUAL FUND

MAHINDRA MANULIFE MUTUAL FUND

MIRAE ASSET MANAGEMENT

MOTILAL OSWAL MUTUAL FUND

NAVI MUTUAL FUND

NIPPON INDIA MUTUAL FUND

NJ MUTUAL FUND

PGIM INDIA MUTUAL FUND

PPFAS MUTUAL FUND

QUANT MUTUAL FUND

QUANTUM MUTUAL FUND

SAMCO MUTUAL FUND

SBI MUTUAL FUND

SHRIRAM MUTUAL FUND

SUNDARAM MUTUAL FUND

TATA MUTUAL FUND

TAURUS MUTUAL FUND

TRUST MUTUAL FUND

UNION MUTUAL FUND

UTI MUTUAL FUND

WHITEOAK CAPITAL MUTUAL FUND

For More Details Regarding capital Market (Both Primary and Secondary), Depository Services, online trading, Compliance and Statutory Norms, Regulations, Please Visit the following Websites;

  • www.sebi.org
  • www.nseindia.com
  • www.bseindia.com
  • www.canmoney.in
  • www.nsdl.co.in
  • www.cdslindia.com

To open DEMAT/OLT account ( ONLINE ) click on below link :

https://www.canmoneyonline.com/STSB/Login.aspx


Request you to be ready with following information / documents:

PAN details

Aadhaar details to complete eKYC for eSign

Mobile for OTP authentication

Bank Account details such as Bank Account number and IFSC

Soft copy of following documents :

PAN card. (JPEG & PNG Format, Size 2mb)

Signature on white paper. (JPEG & PNG Format, Size 96kb)(Scanned, cropped and clearly visible. Signature should cover 90% of screen)

Cancelled Cheque leaf. (JPEG & PNG Format, Size 2mb)

Bank account statement. (PDF Format, Size 2mb)


Documents required for DEMAT/OLTaccount opening:

Photographs

2 Nos.

PAN Card copy

1 Nos.

Residential Address Proof

1 Nos.

Bank Statement

1 Nos.

Chq for Rs.600/- favoring  Canara Bank Securities Ltd.

1 No.

Nominee Id Proof  ( if requied)

1 No .

  •  1.Application form       2.Sample form       3.Modification form
  •  Account opening and Brokerage Charges :
    Consolidated charges - Rs.500/- to be paid at the time of opening the account. (Inclusive of Charges towards DP agreement (stamp duty), Power of Attorney and other expenses). ( If there is more than 5 transactions with in first three months of opening, brokerage upto Rs.600/- will be refunded)

    BROKERAGE CHARGES:
    Please choose one from three options given below:

    Option 1

    NORMAL BROKERAGE OPTION (NBO)

    Transaction Type

    Rate*

    Non-Delivery (Cash Segment) per leg

    0.05%

    Delivery

    0.35%

    FNO

    0.10%

    Option 2

    UPFRONT BROKERAGE OPTION (UBO) Choice of 4 options

    Standard

    Silver

    Gold

    Platinum

    VALIDITY

    MONTHLY PLAN

    Brokerage payable upfront

    Rs.299/-

    Rs.499/-

    Rs.999/-

    Rs.3999/-

    Transaction type:

     

    Non-Delivery (Cash Seg.)

    0.035%

    0.03%

    0.025%

    0.02%

    Delivery

    0.30%

    0.25%

    0.20%

    0.16%

    FNO

    0.07%

    0.06%

    0.05%

    0.04%

    VALIDITY

    QUARTERLY PLAN

    Brokerage payable – ONE TIME ( NON REFUNDABLE)

    Rs.500/-

    Rs.1000/-

    Rs.2000/-

    Rs.5000/-

    Transaction type:

    Non-Delivery (Cash Seg.)

    0.035%

    0.03%

    0.025%

    0.02%

    Delivery

    0.30%

    0.25%

    0.20%

    0.16%

    FNO

    0.07%

    0.06%

    0.05%

    0.04%

    OPTION TRADE (per lot/per leg)

    Rs. 25.00

    Rs. 20.00

    Rs. 15.00

    Rs. 10.00

    VALIDITY

    YEARLY PLAN

    Brokerage payable – ONE TIME ( NON REFUNDABLE

    Rs.1800/-

    Rs.3500/-

    Rs.7500/-

    Rs.15000/-

    Transaction type:

    Non-Delivery (Cash Seg.)

    0.035%

    0.03%

    0.025%

    0.02%

    Delivery

    0.30%

    0.25%

    0.20%

    0.16%

    FNO

    0.07%

    0.06%

    0.05%

    0.04%

    OPTION TRADE (per lot/per leg)

    Rs. 25.00

    Rs. 20.00

    Rs. 15.00

    Rs. 10.00

    Option 3

    TURNOVER BASED BROKERAGE OPTION (TBO)

    Daily Turnover below Rs. 5.00 lacs

    0.25%

    Daily Turnover of above Rs. 5.00 lacs but less than Rs. 20.00 Lacs

    0.15%

    Daily Turnover of above Rs. 20.00 lacs but less than Rs. 50.00 Lacs

    0.10%

    Daily Turnover of Rs. 50.00 lacs and above

    0.07%

    Derivative options

    Rs.50 per Lot on single side i.e. positions squared off on same day, and both sides for carry forward positions.

    Currency Derivatives (CDs)

    For Currency Future, brokerage is Rs. 15 /= per lot, levied on each trade leg. For Currency Options, Brokerage Rs 5/= per lot levied on each trade leg.

    Brokerage for penny stocks

    For penny stocks (where sale/purchase value of the share is Rs 10/- or less), applicable brokerage shall be 1 paise per share irrespective of brokerage plan opted by the client.

    LIST OF THE CENTERS OPERATING

    SLN.

    CITY

    BRANCH NAME

    ADDRESS OF THE BRANCH

    NAME OF THE RELATIONSHIP MANAGER

    CONTACT NO

    1

    AGRA

    AGRA- MG ROAD

    C/o Canara Bank 71, Mahatma Gandhi Rd, Nehru Nagar, Uttar Pradesh 282002

    YASH PANDE

    8896570158

    2

    AHMEDABAD

    ASHRAM ROAD

    C/o Canara Bank Narayan Chambers, Near Nehru Bridge,Ashram Road AHMEDABAD

    SHAH DARSHAN RAJESHBHAI

    7698089501

    3

    ASSAM

    GUWAHATI

    C/o Canara Bank Fancy Bazar Main Branch, 14 A, Hem Baruah Road, Guwahati – 781001

    RAJAT KUMAR JHA

    7002511016

    4

    BENGALURU

    VIJAYA NAGAR

    C/o Canara Bank NO.53, MAGADI CHORD RD,, HOSAHALLI EXTN(VIJAYANAGAR), BANGALORE 560040

    PREETHI

    9164377847

    5

    BENGALURU

    RAJ M V EXTENSION

    C/o Canara Bank 5th Cross, 8th Main, Rajmahal Vilas Extension, Sadashiva nagar, Banglore

    AJAY BS

    9886222279

    6

    BHOPAL

    M P NAGAR

    C/o Canara Bank G.P.O, NO. 3, Zone-II, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462001

    HARSH PATWA

    8319119700

    7

    BHUBHNESWAR

    BAAPUJI NAGAR MAIN

    C/o Canara Bank, Plot No 1A/1, Udyan Marg, Sishu Bhavan Square, Bapuji Nagar, Bhubaneswar - 751009

    SUSANTH MOHAPATRA

    8249777942

    8

    CHANDIGARH

    SECTOR 17

    CANARA BANK SECTOR 17 ROAD, 17B, SECTOR 17, CHANDIGARH

    SANJEEV SHARMA

    9592004007

    9

    CHENNAI

    HABIBULLAHROAD

    C/o Canara Bank 150, habibullah road T Nagar Chennai Tamilnadu - 600017

    RAJASIMMAN M

    8682027154

    10

    CHENNAI

    ANNA NAGAR

    C/O CANARA BANK PLOT NO. A12, A13, II AVENUE, ANNA NAGAR EAST, CHENNAI TAMIL NADU -60 102

    KALAISELVAN V

    9345475372

    11

    COIMBATORE

    R S PURAM BRANCH

    C/o CANARA BANK,100, DEWAN BAHADUR ROAD, R S PURAM, COIMBATORE - 640002

    VIJAY KUMAR

    8056317316

    12

    DELHI

    NEHRU PLACE

    C/o Canara Bank DDA BUILDING, NEHRU PLACE,, NEW DELHI 110 019

    DEEPAK SINHA

    8076717165

    13

    DELHI

    CONNAUGHT CIRCUS

    C/o Canara Bank N 1 Connaught Circus, F19, Connaught Circus,Middle Circus Delhi 110001

    S K VERMA

    8178718760

    14

    GURGAON

    GURGAON MAIN

    C/o Canara Bank Ess Kay Tower, Old Railway Rd, Pratap Nagar, Sector 8, Gurugram, Haryana 122001

    RAJESH

    9540140212

    15

    HUBBALLI

    TRAFFIC ISALND HUBBALLI

    C/o Canara Bank First Floor, Mahavir Complex, Trafficisland, Hubli - 580029

    JAIF SANADI

    7795472473

    16

    HYDERABAD

    MAREDPALLY

    C/o CANARA BANK, P.BOX NO.1, ENTRECHMENT ROAD, MARREDPALLY EAST, SECUNDERABAD 500027

    RAMYA PYDAKULA

    9849770451

    17

    JAIPUR

    ARVIND MARG ( JAIPUR MAIN )

    C/o Canara Bank M I ROAD BRANCH ANUKAMPA MANSION II OFF M I ROAD,NEAR AJMERI GATE, JAIPUR - 1

    CHANDER SHEKHAR

    9414463079

    18

    KANPUR

    KANPUR SWAROOP NAGAR

    C/O CANARA BANK, 112/292, SWAROOPNAGAR, KANPUR 208002

    GOLDI SONKAR

    6392260620

    19

    KOLKATA

    CANNING STREET

    C/o Canara Bank NARAYANI BLDG,27,BRABOURNE RD, CANNING STREET,, CALCUTTA 700001

    MRITUNJAY KUMAR JHA

    9771355793

    20

    LUCKNOW

    HAZRATGANJ

    C/o Canara Bank G.P.O, Satya Business Park, NO.1, Nawal Kishore Rd, Hazratganj, Lucknow, Uttar Pradesh 226001

    ADITYA

    6393987148

    21

    MALAPURAM

    MALAPURAM (KERALA GRAMEENA BANK)

    C/o Kerala Gramin Bank Planning & Development Wing Bank, KGB Towers, Uphill Malappuram 676 505

    SINTO JOY

    8891359811

    22

    MANGALORE

    AMPANKATTA

    C/o Canara Bank Post Box No 106, Gokul Market, Hampanakatta, Mangalore-575001

    SANJEEVA RAJAN

    8884393335

    23

    MUMBAI

    THANE NAUPADA

    C/o Canara Bank 41A Gokhale Road, Naupada, Naupada S.O, Thane, Maharashtra 400602

    PRITAM WADEKAR

    8788906424

    24

    MUMBAI

    GHATKOPAR

    C/o Canara Bank Ratilal R Shah Building, Opp. Railway Station, Ghatkopar West, Mumbai - 400086

    GANESH PAWAR

    8767752033

    25

    MUMBAI

    VILE PARLE

    C/o Canara bank Vrindavan Building Vallabhbhai Patel Road, Vile Parle West, Mumbai, Maharashtra 400056

    BHAVESH

    8097311151

    26

    MYSORE

    NAZARBAD

    C/o Canara Bank BUILDING, NO.26 AGUEST HOUSE ROAD, NAZARBAD,MYSORE 57001

    PADMINI M R

    9481475497

    27

    NAGPUR

    ITWARI

    C/o Canara Bank New Itwari Rd, Itwari, Nagpur, Maharashtra 440002

    RAJAT

    7745891658

    28

    PATNA

    BHUDH MARG

    C/o Canara Bank Dalatganj, Veerchand Patel Road Area, Patna, Bihar 800001

    KUMAR ROUSHAN

    9525777701

    29

    PUNE

    MG ROAD

    C/o Canara Bank, Red Cross Bldg, MG Road, Camp, Pune - 411001

    YOGESH DANGE

    8263980174

    30

    RANCHI

    RANCHI MAIN

    C/o Canara Bank PB NO.70, M/S JALARAM MANSION, S.N.GANGULI ROAD,, RANCHI 834001

    SUSHANT SINGH

    7322071429

    31

    TRICHY

    THLLAI NAGAR

    C/o Canara Bank, 11B/36/3, Ananda Towers, Shastri Nagar, Thillai Road, Trichy -620018

    SARVESHWARAM

    9514314645

    32

    VARANASI

    BANSPATHAK BRANCH

    C/o CANARA BANK, BANSPHATAK MAIN CK 37/24, BANSPHATAK, VARANASI - 221001

    SHAILENDRA YADAV

    9919025075

     

    THE FOLLOWING ARE MANDATORY AS PER NSDL TO PROCESS REQUEST FOR CHANGE OF ADDRESS:

    • Written application for change of address signed by all the Demat clients.
    • Any one of the following address proof which contains the new address to enable us to note your change of address: (ADDRESS PROOF SHOULD MATCH THE NEW ADDRESS). For joint account, all the clients have to sign the request for change of address.
      • Driving License OR Voter’s ID OR Passport OR Aadhaar card
      • Utility bill which is not more than 2 months old of any service provider (electricity, telephone, post-paid mobile phone, piped gas, water bill).
      • Property or Municipal tax receipt.
      • Pension of family payment orders (PPOs) issued to retired employees of Government Departments or Public Sector Undertakings, if they contain the address.
      • Letter of allotment of accommodation from employer issued by State Government or Central Government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies and leave and license agreements with such employers allotting official accommodation.

    Further, the client or his authorized representative has to personally visit to submit the above documents and show the originals for verification.

    FOR CHANGE OF BANK ACCOUNT:
    Please send request letter along with cancelled of cheque leaf of new Bank account / Bank Statement

    FOR CHANGE OF NOMINATION IN DEMAT:
    Kindly click on the NSDL Nomination link (https://eservices.nsdl.com/instademat-kyc-nomination/) for updation of Nomination in Demat account

    SMS ALERT FACILITY OF NSDL- FOR OUR DP CLIENTS
    NSDL has launched SMS Alert facility for demat account holders whereby investors can receive alerts for debits (transfers) to their demat accounts and also credits on account of AUTO CORPORATE ACTION AND IPO ISSUES. Under this facility, investors can receive alerts for the debits (transfers) that have taken place in their demat accounts, a day after the debit (transfer). The alerts are sent to those account holders who have provided their mobile numbers to their DPs and DPs have activated such a facility in the computer system. These alerts are sent giving details, if the debits (transfers) are up to five ISINs in a day. In case debits (transfers) are for more than five ISINs, alerts are sent with a message that debits for more than five ISINs have taken place and that the investor can check the details with the DP or on IDeAS website, if the investor is an IDeAS subscriber. To avail this free facility, DP Clients are requested to furnish their Mobile Telephone Number / E-mail ID along with a formal request to the nearest service center to enable the SMS alert facility.

    For further details please visit NSDL website www.nsdl.co.in

    In Association with our Wholly Owned Subsidiary M/s Canara Bank Securities Limited (M/s CBSL), WE OFFER ONLINE TRADING FACILITY (OLT) TO OUR DP CLIENTS.

    Salient features of Online Trading (OLT) facility are:
    OLT is totally a technology driven product which suits all types of clients including tech-savvy younger generation clients , high net worth individuals who are active in capital market.   OLT is totally hassle-free in as much as clients trading in stock market can buy or sell securities without having to visit either the Bank or their DP.

    Pre Requisite for availing ONLINE TRADING facility
    A client should have an operative Bank account (CASA) with one of our branches, a depository (demat) account and a Trading Account with our broking subsidiary viz., M/s CBSL, Mumbai.  

    For this purpose, three-in-one application form comprising of account opening forms for opening the above said three accounts has been devised and made available to clients by M/s CBSL through branches of our Bank. 

    Contact Details :
    Mumbai Office: 022- 43603855/ 22802455/43603800/ 43603845/ 43603848/ 22802445/22802448

    Bengaluru Office: 080- 22291697/ 22105148/ 22271211

    Branches/Offices can also generate the leads in the following link: The Marketing team of CBSL/Canara Bank will facilitate the Customer to open DEMAT/OLT account.

    https://www.canmoneyonline.com/STSB/Login.aspx