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What is the procedure for changing the bank account details for trading and demat accounts?

April 26, 2017accounts bank account changing demat procedure trading

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What is the procedure for changing the bank account details for trading and demat accounts?

1 Answer

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10 Posted

Ans: Click Service Requests link under Customer Care section. Click on ‘Change of Bank Details Form’ link, which allows you to download the required form in two formats ( Word & PDF ). Take a print out of the same and fill in the details. Submit the request along with the Cheque leaf of new savings bank account at the nearest IDBIpaisabuilder branch or can send it directly to our Mumbai office at IDBI Capital Market Services Limited, 5th Floor, Mafatlal Centre, Nariman Point, Mumbai – 400 021.The Bank details will be updated within 7 working days. In case you do not have your DP account with IDBI Capital and wish to get your bank account details change request registered for your demat account, you will need to inform and do the needful directly with your depository with whom you are maintaining your demat account.