New India Co-Operative Bank Limited offers you a safe and convenient way to hold your shares in a dematerialised form. Holding shares in a demat format helps you safeguard yourself from loss of certificates, or any form of fraudulent practices. It makes the transmission and trading in shares and securities easy and convenient and eliminates the dangers of forged share certificates. New India Co-Operative Bank Limited
is a participant of CDSL.
"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."
" No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."