:::::City Union Bank is now available on WHATSAPP. Send a message ''HI''to 04471225000 to know more.:::::Introduced Mobile banking for Corporate Customer.To download ''CUB Corp'' app visit https://bit.ly/2XBzEsF.:::::Dear Customer, Now DigitalSignature feature in our corporate Netbanking is browser independent and you can do transactions in Windows, Macbook and android Mobile.::::During ourdaily End of Day activities at midnight, there may be some interruption in financial transactions. Regret for inconvenience.::::Corporate netbanking users are requested to have multiple level ofapprovers to complete your netbanking transactions. Contact our customercare for more details 044-71225000.Kindly ignore if already have.:::::We have enabled Bulk NEFT option for Corporate Net banking customers those who registered Digital Signature.            COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe     Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB. Click here to download 'CUB Easy'                 Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.                 Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.                City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund                

Demat Services

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City Union Bank Ltd, a Depository Participant registered with National Securities Depository Limited (NSDL) offers depository services to its customers with utmost speed and convenience.

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.

In addition to the DEMAT SERVICES our Bank is associated with M/s. Integrated Enterprises India Ltd to provide Online Platform for Share Trading.

How to open a Demat account with CUB ?

Please contact nearest City Union Bank branch for the same. Alternatively, you may contact our Call centre at 044-71225000 or Demat Division at 044-24363754 or write to us at cubdp@cityunionbank.in We shall contact you on the immediately following working day.

For Suggestions/Complaints: cubdpgrievance@cityunionbank.in
SEBI Complaint Portal: https://scores.gov.in

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