DEMAT

To open a Demat account with Sindhu Bikash Bank, you’ll need to visit a branch with the necessary documents, fill out the application form, and potentially get a C-ASBA registration number if you plan to apply for IPOs or other securities.

1. Required Documents:

Citizenship Certificate: A copy of your citizenship certificate is needed.
Passport-sized Photos: You’ll need a couple of recent passport-sized photos.
Bank Account Details: You’ll need your bank account details, including the account number and potentially the IFSC code.
C-ASBA Registration Number (CRN): If you intend to apply for IPOs or other securities through ASBA (Application Supported by Blocked Amount), you’ll need a CRN from the bank.

2. Application Process:

Visit a Branch: Go to your nearest Sindhu Bikash Bank branch.
Obtain and Fill Out Forms: You’ll need to obtain and fill out the necessary account opening forms, which may include the Demat account application form and potentially an ASBA registration form.
Submit Documents: Submit the completed forms along with the required documents.
CRN (If Needed): If you need a CRN, follow the bank’s process to obtain it.

3. Additional Information:

Demat Account Types:

Sindhu Bikash Bank may offer different types of Demat accounts, such as individual or foreign employment accounts.
Online Account Opening:

Some banks offer online Demat account opening, but it’s best to confirm with Sindhu Bikash Bank if this is an option.
C-ASBA and IPOs:

C-ASBA is a system used for applying for IPOs and other securities in Nepal. You’ll need a CRN to participate.

By following these steps and providing the necessary information, you can successfully open a Demat account with Sindhu Bikash Bank.

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