Shareholder(s) who are having DEMAT account

  • Shareholder(s) to submit physical share certificate(s) along with Dematerialisation Request Form (DRF) to their respective DP.

  • The DP will intimate the Registrar & Transfer Agent (RTA) of the Bank of the request submitted by the shareholder(s) through the electronic system of NSDL/CDSL.

  • The DP will also submit the share certificate(s) and the DRF, submitted by shareholder(s) to the Registrar & Transfer Agent (RTA) of the Bank.

  • The Registrar & Transfer Agent (RTA) of the Bank after validation of the request will updates the Register of Members and confirm to the Depository.

  • The Depository will credit the DP's account.

  • The DP will credit respective DEMAT account.