Services provided by DP Division :

• Demat account opening
• Dematerialisation
• Rematerialisation
• Off-market and Market Delivery execution
• Pledge and Hypothecation instructions
• ASBA functions ( Application Supported by Blocked Amount ) for IPO/Right issue
• Providing electronic credit in respect of securities allotted by issuers under IPO or otherwise.
• Receiving on behalf of demat account holders non-cash corporate benefits, such as, allotment of bonus and rights shares in electronic form or securities ensuing upon consolidation, stock split or merger/amalgamation of companies.
• Transmission of securities
• Online delivery Instructions thro SPEED-e ( facility provided by NSDL) for POA holders

Benefits of availing Depository Services :

• A safe and convenient way to hold securities;
• Immediate transfer of securities;
• No stamp duty on transfer of securities;
• Elimination of risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc.,
• Reduction in paperwork involved in transfer of securities;
• Reduction in transaction cost;
• No odd lot problem, even one share can be sold;
• Nomination facility;
• Change in address recorded with DP gets registered with all companies in which investor holds securities electronically eliminating the need to correspond with each of them separately
• Transmission of securities is done, thereby eliminating correspondence with companies;
• Automatic credits into demat account of shares, arising out of bonus /split /consolidation /merger etc
• Holding investments in equity and debt instruments in a single account.

Bank also offers trading facility in association with M/s Integrated India Enterprises Pvt. Ltd. (i.e. registered stock broking company with head office located in Chennai, Tamilnadu).

How to open a Demat account with CUB ?

• You can open Individual insta-demat on CUB Net Banking or Mobile Banking All in one plus App-> Login->Select Investment->Open NSDL Demat.
  Choose your SB Account and enter OTP-> Verify the Personal Details->Enter the Nominee-> Proceed to Esign-> verify the aadhar based OTP-> view the KYC Details-> Submit the final OTP which is received from NSDL.
  If you want to open Demat Account jointly, you can submit physical Demat Application forms along with the KYC documents to your nearby CUB Branch.

Links & Investor Advisories

• DP Investor complaints October - 2024
• Advisory - KYC Compliance
• Investor Charter
• Update Email Id & Income Range: https://eservices.nsdl.com/kyc-attributes/#/login
• Update Nomination: https://eservices.nsdl.com/instademat-kyc-nomination/#/login
• Update Mobile Number and email id Verfication: https://eservices.nsdl.com/verme-portal/#/login
• NSDL E -voting for retail Investors participate e voting at listed companies
• Online Demat Closure: https://eservices.nsdl.com/iat-web/#/acc-transfer
• Smart odr : https://smartodr.in/login
• SEBI Complaint Portal: https://scores.gov.in
• Contact us (For Grievance Related to Depository Participant) - NSDL

Click here to know your KYC at KRA

Any Clarification Please Contact below Phone Number or through mail

• DP Division
• City Union Bank
  
• Business Development Centre
• Demat Division
• III Floor ; Plot No: 79
• New Door No 6; Old No: 26
• Mohanapuri 5th street
• Adambakkam
• Chennai-600088
• Phone: 044-22531032
• Mobile: 7397373522
• For Suggestions/Complaints: cubdpgrievance@cityunionbank.in