Banking

How to Open Demat Account in Canara Bank?

Open Demat Account in Canara Bank: Canara Bank is one of the biggest and most trusted banks which are operating in India. However, this is one of the most successfully running public sector bank in India as well. These days many people are more focused on buying stocks and shares for themselves. Buying and selling shares is very easy and you can do that by yourself. Thinking how? Then let me tell you that how you can buy and sell shares by yourself. If you have a bank account in Canara Bank then you can do that easily after you open demat account in Canara Bank.

If you are looking online for a guide online on the internet to open demat account in demat account. Then let me tell you that you have been landed on the right website. Because in this article of mine, I will tell you how you can open demat account in demat account. These days almost all the banks that are operating in India provide demat account feature to their account holders. If you want to open demat account in Canara Bank then all you have to do is get a form and fill it up with all the required details.

How to Open Demat Account in Canara Bank?

Open Demat Account in Canara Bank

I have already mentioned that you have to collect the demat account opening form and fill it up. But to open demat account in Canara Bank you not only have to fill the form but you also have to provide some documents to the bank.

You have to provide address proof document and identity proof document to the bank. For address proof document you can use your Aadhaar card, Voter ID etc. And for identity proof, you have to provide your PAN card. Providing your PAN Card to the bank is mandatory to open demat account in Canara Bank.

  1. The first thing you have to do is collect the demat account opening form.
  2. Fill the form with all the details asked in the form.
  3. Make your signature on the form wherever required. But before signing, it make sure you read all the terms and conditions carefully.
  4. Now take a clear photocopy of your address proof document and identity proof document.
  5. You also have to provide a canceled cheque to the bank.
  6. Attach all the above-mentioned things to the duly filled form and submit it to your home branch.
  7. The bank will provide you further details and instructions about your demat account.

So this is how you can open demat account in Canara Bank. For more details about this, I highly recommend you to call the customer care of the bank or visit your home branch.

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