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
      • CAN ROYAL Software( Exe based) provided to Customers for Live trading Experiences, and faster execution of Orders
      • 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 and Margin plus.

      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: 

      AXIS MUTUAL FUND

      KOTAK MAHINDRA MUTUAL FUND

      BARODA MUTUAL FUND

      L&T MUTUAL FUND

      BIRLA SUN LIFE MUTUAL FUND

      LIC MUTUAL FUND

      BNP PARIBAS MUTUAL FUND

      MIRAE ASSET MANAGEMENT

      BOI AXA MUTUAL FUND

      MORGAN STANLEY MUTUAL FUND

      CANARA ROBECO MUTUAL FUND

      MOTILAL OSWAL MUTUAL FUND

      DEUTSCHE MUTUAL FUND

      PEERLESS MUTUAL FUND

      DSP BLACKROCK MUTUAL FUND

      PINEBRIDGE MUTUAL FUND

      EDELWEISS MUTUAL FUND

      PPFAS MUTUAL FUND

      FIDELITY MUTUAL FUND

      PRAMERICA MUTUAL FUND

      FRANKLIN TEMPLETON MUTUAL FUND

      PRINCIPAL MUTUAL FUND

      GOLDMAN SACHS MUTUAL FUND

      QUANTUM MUTUAL FUND

      HDFC MUTUAL FUND

      RELIANCE MUTUAL FUND

      HSBC MUTUAL FUND

      SAHARA MUTUAL FUND

      ICICI PRUDENTIAL MUTUAL FUND

      SBI MUTUAL FUND

      IDBI MUTUAL FUND

      SHRIRAM MUTUAL FUND

      IDFC MUTUAL FUND

      SUNDARAM MUTUAL FUND

      IIFL MUTUAL FUND

      SUNDARAM MUTUAL FUND

      INDIA INFOLINE MUTUAL FUND

      TATA MUTUAL FUND

      INVESCO MUTUAL FUND

      TAURUS MUTUAL FUND

      J. P. MORGAN MUTUAL FUND

      UTI MUTUAL FUND

      JM FINANCIAL 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;
      1. www.sebi.org
      2. www.nseindia.com
      3. www.bseindia.com
      4. www.canmoney.in
      5. www.nsdl.co.in
      6. 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

      AHMEDABAD

      ASHRAM ROAD

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

      SHAH DARSHAN RAJESHBHAI

      7698089501

      2

      BENGALURU

      VIJAYA NAGAR

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

      PREETHI

      9164377847

      3

      BENGALURU

      RAJ M V EXTENSION

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

      AJAY BS

      9886222279

      4

      DELHI

      NEHRU PLACE

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

      DEEPAK SINHA

      8076717165

      5

      DELHI

      CONNAUGHT CIRCUS

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

      S K VERMA

      8178718760

      6

      HUBBALLI

      TRAFFIC ISALND HUBBALLI

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

      JAIF SANADI

      7795472473

      7

      HYDERABAD

      NARAYANAGUDA

      C/o Canara Bank P. B. No. 1, 10-1-5 12a, Entrechment Road, Marredpallyeast Secunderabad 500 027

      SOUJANYA AMIRISHETTY

      8309682102

      8

      MALAPURAM

      MALAPURAM (KERALA GRAMEENA BANK)

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

      SINTO JOY

      8891359811

      9

      MANGALORE

      AMPANKATTA

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

      SANJEEVA RAJAN

      8884393335

      10

      MUMBAI

      THANE NAUPADA

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

      PRITAM WADEKAR

      8788906424

      11

      MUMBAI

      GHATKOPAR

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

      GANESH PAWAR

      8108864253

      12

      MYSORE

      NAZARBAD

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

      PADMINI M R

      9481475497

      13

      NAGPUR

      ITWARI

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

      PARIKSHIT POUNIKAR

      8149108090

      14

      PATNA

      BHUDH MARG

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

      KUMAR ROUSHAN

      9525777701

      15

      UTTAR PRADESH

      VARANASI

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

      ASHISH KUMAR CHOUBEY

      8102449979/6204833859

      16

      BHOPAL

      M P NAGAR

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

      DINESH

      8225895006

      17

      RANCHI

      RANCHI MAIN

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

      SUSHANT SINGH

      7322071429

      18

      KOLKATA

      CANNING STREET

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

      MRITUNJAY KUMAR JHA

      9771355793

      19

      GURGAON

      GURGAON MAIN

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

      RAJESH

      9540140212

      20

      AGRA

      AGRA- MG ROAD

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

      YASH PANDE

      8896570158

      21

      BHUBHNESWAR

      BAAPUJI NAGAR MAIN

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

      SUSANTH MOHAPATRA

      8249777942

      22

      MUMBAI

      VILE PARLE

      C/o Canara bank

      Vrindavan Building

      Vallabhbhai Patel Road,

      Vile Parle West,

      Mumbai,

      Maharashtra 400056

      RISHI PHASE

      8828341721

      23

      CHENNAI

      TEYNAMPET BRANCH

      C/O Canara Bank 563/1, Ground Floor, Anna Salai , Teynampet , Chennai -600018

      K PRAJANYA

      9840557559

      24

      MADURAI

      GRAND CENTRAL

      C/o Canara Bank 118B, West Perumal Mastry Street Madurai 625001

      THINAKARAN

      9994411628

       

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

      1. Written application for change of address signed by all the Demat clients.
      2. 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.

      - Bank Pass Book Xerox or Bank Statement   
      - Latest Telephone Bill ( not more than 2 months old)
      - Driving License - Voter’s ID  - Pass Port
      - Identity Card with address, issued by Central/State Government and its Departments.

           3. ALSO any one of the following for Proof of Identity: 
                - PAN card with photo                               -   Voter ID Card
                - Driving License                                         -   Passport
                - Identity Card with address, issued by Central/State Government and its       Departments

      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

      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