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Change in Permanent/Correspondence address |
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A request letter ( format available on the site) signed by all the holders is
required Alongwith this Photocopy of proof of identification and proof of new address is required.
Please also bring the originals with you for verification purpose.
Client or the authorised bearer can visit our branch for the same.
Copy of the latest transaction statement received from SHCIL is also required. |
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Change in Signature |
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Request letter (format available) signed by the client.
The new signature to be attested by the bank. The request may be submitted
alongwith the copy of POI and the photocopy of the latest transaction statement received from SHCIL |
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Addition of Pan/Mapin |
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Request letter signed by the client giving the PAN/Mapin number |
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Accounts with Power of Attorney |
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These accounts can be operated by both the client and the POA Holder.
In case the client has given the POA in favour of 2 or more persons, then the mode of operation of the POA holders is also to be mentioned.
In case the power of attorney is to be revoked, a letter signed by the client is required. |
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Change of Telephone Number |
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Request letter signed by all the holders, with a photocopy of the recent
telephone bill and proof of identification of one of the holder. |
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Instructions by Fax |
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Clients may avail this facility by faxing their delivery instructions to SHCIL,
by executing the fax indemnity. The format of the indemnity is as follows: |
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Change in Standing Instruction |
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For recording any change in the standing instruction ( for receiving direct credits)
in the demat account, we require a letter signed by all the holders. |
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Change in Power of Attorney details |
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If you have given POA details and you wish to
operate the account yourself, the POA has to be revoked by you
in writing. |
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Death of Beneficiary account
holder(s) - Transmission of account |
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Transmission of account takes place in the
event of death of the beneficiary account holder(s). There can
be three situations in transmission of account. See which
category you fit into and follow the relevant procedure
: |
| I.
When the account has joint holders and one of the holders
dies |
| II. When the account has a sole
holder with a nominee |
| III. When the account has a sole
holder without a nominee |
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If the shares are transmitted to beneficiary
accounts of surviving holders and this beneficiary account is
in a DP other than SHCIL. |
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Classify the transmission case into the
above categories. |
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Over and above the documents explained
above, the client master list from the target DP has to be
submitted.
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Freezing of account |
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An account is frozen / suspended |
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Only on your instruction. |
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By competent authority i.e. by the
Depository / SEBI |
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On receipt of court order. |
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Defreezing of account |
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Defreezing of an account takes place, |
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Only on your instruction |
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For defreezing pledge accounts, your
instruction has to be accompanied by bank
authorisation |
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Relevant Circulars from NSDL and CDSL |
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NSDL Circulars |
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CDSL Circulars |
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Annexure CDSL Circulars |
