Your Bank Account details are required to be registered with your Demat Account as per NSDL requirements. Some companies pay dividend, interest and maturity proceeds on securities held in your Demat Account by direct credit to the registered bank account. Others pay by cheques or warrants sent to your Correspondence Address with your bank account details printed on them. Such cheques or warrants can be deposited only in the specified bank account.

It is therefore important that you register details of the bank account in which you wish to receive all income arising from your demat securities. You are required to give Bank Account details at the time of opening the account. They can be changed at any time, as you desire.

You can view the bank account details currently registered in your Account Profile. Please ensure that any change in the bank account is communicated to us at the earliest. A separate request needs to be submitted for each Demat Account.