Welcome to Punjab National Bank - the name you can BANK upon

Value Added Services

Eliminates bad deliveries, fake securities

Effects transfer of Securities immediately

Globally moving towards faster settlement cycles

No Stamp Duty for Transfer of Securities in the Depository

Reduces Transaction Costs

Reduces handling of huge volumes of paper

Eliminates all risks associated with physical certificates such as loss, theft, mutilation, forgery etc.

Facilitates lending and borrowing

Nomination / Transmission facility

Change in address recorded with DP gets registered electronically with all companies in which investor holds securities eliminating the need to correspond with each of them separately

Transmission of securities is done by DP eliminating correspondence with companies .As the transmission formalities for all securities held in a demat account can be completed by submitting documents to the DP whereas, in case of physical securities the surviving joint holder(s)/ legal heirs/ nominee has to correspond independently with each company in which shares are held

Settlement of Claim case for the full holding as a single case

Convenient method of consolidation of folios/ accounts

Holding investments in equity, debt instruments and Government securities in a single account

Automatic credit into demat account, of shares, arising out of split / consolidation / merger etc.

In case of Zero-balance Total Freedom a/c, account maintenance charges of Rs.250/- are waived

Safe custody of demat securities

Elimination of all risks associated with physical certificates

Faster disbursement of non cash corporate benefits like rights, bonus etc.

Periodic status reports to investors on their holdings and transactions, leading to better controls

No account Opening Charges

No charges on credits to Demat Account

Online viewing of demat account free of cost (at www.pnb.net.in ) whereby apart from position of holding ,customer can also view date wise transactions of sale /purchase undertaken ,value of his holdings, Information about bills raised in the account

Online share trading facility by opening a 3 in 1 account

Stamp paper (Stamp Duty as applicable for execution of agreement with DP)

One Pass port size photograph of applicant & One Passport size photograph of nominee and in case nominee is a minor, One Passport size photograph of Guardian of minor nominee also

Photocopy of PAN card

Proof of Address (Voter's ID-card, Passport, Ration Card, Driving license, Copy of latest Bank Statement (not preceding 2 months), Rent agreement, Telephone bill (only Landlines not preceding 2 months) and Electricity Bill)

List of Branches offering Depository & On-line Trading Services