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Revised Annual Maintenance Charges

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.

KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.


Wish to Open a Demat Account ?

India’s premier bank provides you the platform to BUY, SELL, TRANSFER your securities through just 2 Step Process :

To enroll for our Demat services you will have to open the following accounts:

  • Savings Bank \ Current Account with Bank of Baroda
  • Demat Account with Bank of Baroda DP (Click here)

Account Opening
Service Charges
Online Trading
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Demat Account Opening and its Benefits:
Bank of Baroda India’s International  Bank now offers you the opportunity to deal and open a Demat account. We are depository participant of Central Depository Services Ltd  as well as National Securities Depository limited

An individual, Non-Resident Indian, Foreign Institutional Investor, Trusts, Clearing Houses, Financial Institution, Clearing Members and Mutual Funds can open a Demat account.

How To open an account :

  • For opening a Demat account, you have to fill account opening form and submit a photograph of the applicant along with the photo copies of the following documents and your account number will be intimated to you on completion of processing of your application :
List of Required Documents :

  • Besides a quick and hassle free process to open an account  you will also get additional utilities designed by depositories for customers convenience as below:

For trading in the equity market in India we need to have a Demat account. There are many other benefits which encourage to have a Demat account like:

  • Buy and sell shares and stock of any company listed on the stock exchange of India i.e. NSE and BSE
  • Make on line investment in mutual fund.
  • Apply in IPO
  • Trade in Futures and Options
  • No threat of loss of shares due to faulty/bogus/forged delivery.
  • Dividend and issuance of bonus shares are directly credited into linked accounts and Demat accounts respectively.
  • No share transfer fees or stamp duty.
  • Application can be made vide facility of ASBA (Application Supported by Blocked Amount) wherein amount does not get debited into the account and is remitted only when shares are allotted.
  • The shares trading account enables you to view live prices, watch lists and place transactions. The deposit account is linked to the trading account for seamless transfer of funds.
Services / Utilities:
IDeAS(NSDL) : facility to check balance & transactions online.

SPEED-e (NSDL) : facility to submit delivery instructions to us through SPEED- e website

Easi (CDSL) :Access of Demat account through the internet to check the details of their holdings / valuation and transactions, corporate announcements, anytime anywhere, through CDSL’s website

Easiest(CDSL) : Electronic Access to Securities Information and Execution of Secured Transactions
Benefits of opening the Account with us :
  • Free account opening .
  • Free 1st year AMC.
  • Free SMS Alert facility.
  • Free ASBA ( app supported by blocked amount)
  • Free Nomination .
  • Transparent Services charges as such no hidden charges.
Still have some more queries in mind …  Let us help you

We at Bank of Baroda are operating from our Back Office located at the following address :

The Asst. General Manager/ Chief Manager
Bank of Baroda,
Baroda Sun Tower,
D.O.T. (Demat operation team)
Central Back Office DP Operations (CBODPO)
Ground Floor, C-34, G-Block
Bandra Kurla Complex, Bandra East, MUMBAI- 400 051
Tel: 022 6698 4921/4935/4937/4944;
(Fax): 6698 4934;
e-mail :

Dear Investor,

In Case of any grievance / complaint against the stock Broker / Depository Participant:

  • Please contact Compliance Officer of the Bank Of Baroda- Mr. Manoj Kumar / email id ( and phone no.-022 6698 4921
  • You may also approach Assistant General Manager-Mr. Anil K. Sulekh / email id ( and phone no.-022 6698 3277
  • If not satisfied with response of the Depository Participant, you may contact the concerned Stock Exchange / Depository at the following-

  • Exchange Web Address Contact No Email-id
    BSE 022 22728517
    NSE 1800220058
    MCX-SX 022 61129000

    Depository Web Address Contact No Email-id
    CDSL 18002005533
    NSDL 02224994200

  • You can also lodge your grievances with SEBI at For any queries, feedback or assistance, please contact SEBI Office on Toll Free Helpline at 1800227575 / 18002667575
  • (Click here for the list of CBS branches authorized to open Demat accounts)

    SIMPLE Do's And Don'ts

    Some commonly used abbreviations in depository

    Click here for FAQs

    Download Forms

    1. Statutory Charges at the time of Account Opening NIL
    2. Advance / Deposit NIL
    3. Annual Maintenance Charges. General Customer :
    For Individuals
    - First year free (for new accounts)
    - From second year onwards Rs.250/-p.a. plus Service Tax (S.T.)
    For Non-individual - Rs.550/- plus S.T.
    BSDA customers :
    For Individuals
    - First year free (for new accounts)
    - Thereafter no AMC to be levied if the value of holding is up to
    Rs 50,000/- during financial year.
    AMC will be charged at Rs 100/- plus S.T. only for the value of holding from Rs 50,001/- up to Rs 2,00,000/- during financial year.
    4. Demat Rs.3.00 per certificate with minimum of Rs.34/- plus actual postage plus S.T.
    5. Remat NSDL Demat account :
    Rs 10/- plus actual postage for every hundred securities or part
    thereof subject to maximum fee of Rs 5,00,000/- or a flat fee of Rs
    10/- per certificate whichever is higher for NSDL Demat accounts.
    CDSL Demat account :
    Rs.30/- plus S.T. per actual postage per ISIN
    6. Transaction Charges General customers :
    0.03% of market value subject to minimum Rs.20/-+ S.T. per
    transaction. For Debt instruments and commercial papers 0.03% of
    market value subject to minimum Rs.20/- plus S.T.per transaction.
    BCML customers :
    Transaction charges at Rs 15/- plus service tax per debit instruction.
    7. KYC registering
    Agency Charges
    (KRA charges)
    KRA charges @Rs 40/- plus service tax plus actual postage for new
    KYC data to be uploaded.
    KRA charges @Rs.40/- plus service tax per download will be applied.
    For modifications in KRA of the existing clients KRA charges @Rs 30/- plus service tax plus actual postage
    8. Pledge Creation Rs.100/- + S.T. per ISIN per request
    9. Pledge Creation confirmation Rs.100/- + S.T. per ISIN per request
    10. Pledge Closure Free
    11. Pledge Closure confirmation Free
    12. Pledge Invocation Rs.100/- + S.T. per ISIN per request
    13. Failed instruction charges NIL
    14. Other Charges • Additional A/c statement Rs.20/- plus S.T.per request
    • Sign verification or any other certificate & freeze / unfreeze
    Rs.50/- plus S.T.per request.
    • One DIS booklet of 10 leaves free of cost at the time of a/c
    opening and thereafter subsequent DIS will be issued @Rs.
    20/- +S.T. per booklet of 10 leaves for General Customer.
    • Two DIS slips only will be issued at the time of account
    opening to BSDA customer.
    • Change of Address/ECS Rs. 30/- plus S.T. per request.
     15. Overdue Charges Interest @18% p.a. will be payable for payment of service charges
    after due date
    16.   Transfer of Securities
    from one DP to
    another DP
    consequent to
    account closure
    Consequent to closure of account, no charges to be levied , when
    Beneficiary Owner (BO) transfers all the securities lying in this
    account to another Branch of the same DP or to DP of the same
    depository or another depository , provided the BO Accounts at
    transferee DP and at transferor DP are one and the same i.e.
    Identical in all respects.
     17. Other Terms &
    a. Refund of AMC on closure of Demat account will be    on    quarterly basis( e.g. if account is closed in the month of July,
    refund of AMC will be applicable for remaining two quarters
    i.e. December & March of the financial year.
    b. The service’s not listed above will be charged separately.
    c. Cost of Non-Judicial paper or franking is to be borne by the
    d. All the above charges are applicable uniformly to individuals,
    non-individual except that AMC are different for individuals
    and Non –Individuals.
    e. The charges are subject to revision from time to time at
    Bank’s discretion.



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