Canara Bank - Depository Services

What is a depository?

A Depository is an organization which holds investors securities in electronic form. The depository also provides services related to various transactions in such securities. A depository interfaces with its investors through Depository Participants. Depository Participants maintain investors accounts (DEMAT accounts) which are similar to Savings Bank/Current accounts with a Bank. Purchase and sale of securities can be done through DEAMT account. The Depository services are carried over in the name of Canara bank Securities Limited (CBSL) a wholly owned subsidiary of Canara Bank. CBSL is having membership in both equity exchanges - NSE & BSE. CBSL is also offering Depository Services and is registered with NSDL.

CBSL Offers Online Trading (OLT), through web based portal www.canmoney.in

Why DEMAT account

  • Shares are held in electronic form
  • No need to safe keep share certificates
  • No need to remember record dates of various companies
  • Immediate transfer of securities
  • No stamp duty on transfer of securities
  • Risk of bad delivery, fake securities eliminated
  • Reduced paper work for transfer of securities
  • Reduced transaction cost
  • Nomination facility available
  • Automatic noting of change of address
  • Easy transmission of securities
  • Automatic credit of Dividend / bonus shares

SMS Alerts by NSDL

SMS alerts will be sent by NSDL upon occurrence of the following events, where mobile telephone numbers furnished by clients is captured by DP in the DPM system and SMS flag is ticked:

  • All Debits and credits (transfers); Credits for IPO, sub-division and bonus
  • Failed instructions; Overdue instructions
  • Change of mobile number; Change of address
  • Credit / debit of Mutual Fund Units
  • IDeAS (Internet based Demat Account Statement) FACILITY FOR VIEWING AND DOWNLOADING BY DP CLIENTS.
  • NSDL has launched ACE (Alerts to Clients through Email) for sending E-mails whenever change of address is noted in DPM system.

Why DEMAT account / Trading Account with Canara Bank / CBSL

  • Multi locational services across the country
  • Competitive charges
  • Customer friendly service
  • IDeAS (Internet based DEMAT Account Statement) facility available for viewing and downloading transaction statements from internet
  • 100% subsidiary of Canara Bank
  • A fully IT based company
  • Free Trade Calls and Research Reports
  • Paper less environment, i.e. Digitally signed contract notes, reports etc. sent by email
  • Mobile Trading facility available in Android & iOS platforms
  • Promotional Incentives
  • Advantage of maintaining CASA account with Canara Bank, a top public sector Bank
  • Active Institutional desk which handles big / bulk orders
  • The company is directed by veterans of the financial sector field vis-à-vis MD & CEO of Canara Bank, ED of Canara Bank, GMs of Canara Bank and Reputed professionals
  • The home page of www.canmoney.in is fully informative and with links to important sites of NSE/BSE/SEBI/NSDL/CDSL/RBI etc.
  • No hidden charges. Transparency in transactions
  • Direct access to Capital Markets
  • Dedicated & experienced staff
  • Dedicated IT staff to monitor, trouble shoot and redress the customer queries / grievances.
  • Well established systems & procedures

Services available

  • Account opening
  • Dematerialization
  • Transfer of securities
  • Pledge services
  • Freezing and un-freezing the depository account
  • Nomination facility
  • Mutual Fund services
  • Settling of death claims, if any in a faster mode

Other Related Services

Presently CBSL offers following products through its portal www.canmoney.in

There are 4 products in the cash segment viz. Cash & Carry (CNC), Intra Day Trade (IDT), BITSOT.

In the derivative segment CBSL offers trading in FNO segment and Currency Derivative segment of NSE.

Besides online trading products, CBSL also provides online subscription facility to the IPO's / Mutual Fund Schemes and offline subscription to OFS (Offer for Sale)/SGBs (Sovereign Gold Bonds).

3-in-1 Account Integration to avail Canmoney products

3-in-1 Account Integration Requirements
CASA with Canara Bank
DEMAT Account with Canara Bank Securities Ltd.
Online Trading Account with Canara Bank Securities Ltd.

PANCHARATNA ACCOUNT – Five utilities in one account

Pancharatna Account – Five Utilities
Online/ Phone/mobile trading in Equities (NSE & BSE).
Online/ Phone/mobile trading in Futures & Options (NSE).
Online/phone/mobile trading in Currency Derivatives (NSE).
Online/phone subscription to IPO/ & subscription to OFS/BUY BACK
Online/phone subscription to Mutual Funds, SGB, Capital gain bonds, etc

Products features detailed below and FAQs will enable the readers to have a clear idea about the products / operations.

Available Trading Products
Cash & Carry (CNC) (Delivery)
Intra Day trading (IDT)/Margin Plus
Buy In Today Sell out Tomorrow (BITSOT)
Futures and Options (F&O)
Currency Futures (CDS)
Dial to Trade
Online Subscription to Mutual Fund Schemes.
Online Subscription to IPO's
Subscription to OFS/SGB/ BUY BACK
Online Trading in Gold ETF (Exchange Traded Fund)
Special Offerings for NRI Clients
After Market Order (AMO) facility.

Mutual Funds

INVESTMENT IN VARIOUS MUTUAL FUNDS MAY ALSO BE HELD IN DEMAT ACCOUNTS

AMC's are available on Can money Portal for online subscription through "BSE STAR" MF Platform:

Available AMCs on Canmoney Portal
360 ONE MUTUAL FUND ADITYA BIRLA SUN LIFE MUTUAL FUND
AXIS MUTUAL FUND BAJAJ FINSERV MUTUAL FUND
BANDHAN MUTUAL FUND BANK OF INDIA MUTUAL FUND
BARODA BNP PARIBAS MUTUAL FUND CANARA ROBECO MUTUAL FUND
DSP MUTUAL FUND EDELWEISS MUTUAL FUND
FRANKLIN TEMPLETON MUTUAL FUND GROWW MUTUAL FUND
HDFC MUTUAL FUND HSBC MUTUAL FUND
ICICI PRUDENTIAL MUTUAL FUND INVESCO MUTUAL FUND
ITI MUTUAL FUND JM FINANCIAL MUTUAL FUND
KOTAK MAHINDRA MUTUAL FUND LIC MUTUAL FUND
MAHINDRA MANULIFE MUTUAL FUND MIRAE ASSET MANAGEMENT
MOTILAL OSWAL MUTUAL FUND NAVI MUTUAL FUND
NIPPON INDIA MUTUAL FUND NJ MUTUAL FUND
PGIM INDIA MUTUAL FUND PPFAS MUTUAL FUND
QUANT MUTUAL FUND QUANTUM MUTUAL FUND
SAMCO MUTUAL FUND SBI MUTUAL FUND
SHRIRAM MUTUAL FUND SUNDARAM MUTUAL FUND
TATA MUTUAL FUND TAURUS MUTUAL FUND
TRUST MUTUAL FUND UNION MUTUAL FUND
UTI MUTUAL FUND WHITEOAK CAPITAL MUTUAL FUND

For More Details

For More Details Regarding capital Market (Both Primary and Secondary), Depository Services, online trading, Compliance and Statutory Norms, Regulations, Please Visit the following Websites:

To open DEMAT/OLT account (Online)

Click on below link: https://www.canmoneyonline.com/STSB/Login.aspx

Documents required for Online Account Opening

Request you to be ready with following information / documents:

Information Required for Online Account Opening
PAN details
Aadhaar details to complete eKYC for eSign
Mobile for OTP authentication
Bank Account details such as Bank Account number and IFSC
Soft copy of following documents:
PAN card. (JPEG & PNG Format, Size 2mb)
Signature on white paper. (JPEG & PNG Format, Size 96kb) (Scanned, cropped and clearly visible. Signature should cover 90% of screen)
Cancelled Cheque leaf. (JPEG & PNG Format, Size 2mb)
Bank account statement. (PDF Format, Size 2mb)

Documents required for DEMAT/OLT account opening

Documents Required for DEMAT/OLT Account Opening
Document Quantity
Photographs 2 Nos.
PAN Card copy 1 Nos.
Residential Address Proof 1 Nos.
Bank Statement 1 Nos.
Cheque for Rs.600/- favoring Canara Bank Securities Ltd. 1 No.
Nominee Id Proof (if required) 1 No.

1. Application form (.pdf - 4.14 MB)    2. Sample form (.pdf - 8.5 MB)    3. Modification form (.pdf - 359.7 KB)

Account opening and Brokerage Charges

Consolidated charges - Rs.500/- to be paid at the time of opening the account. (Inclusive of Charges towards DP agreement (stamp duty), Power of Attorney and other expenses). (If there is more than 5 transactions with in first three months of opening, brokerage upto Rs.600/- will be refunded)

Option 1 – Normal Brokerage Option (NBO)

Normal Brokerage Option (NBO)
Transaction Type Rate
Non-Delivery (Cash Segment) per leg 0.05%
Delivery 0.35%
FNO 0.10%

Option 2 – Upfront Brokerage Option (UBO) – Monthly Plan

Upfront Brokerage Option – Monthly Plan
Transaction Type Standard (Rs.299/month) Silver (Rs.499/month) Gold (Rs.999/month) Platinum (Rs.3999/month)
Non-Delivery (Cash Seg.) 0.035% 0.03% 0.025% 0.02%
Delivery 0.30% 0.25% 0.20% 0.16%
FNO 0.07% 0.06% 0.05% 0.04%

Option 2 – Upfront Brokerage Option (UBO) – Quarterly Plan (One time, non-refundable)

Upfront Brokerage Option – Quarterly Plan
Transaction Type Standard (Rs.500) Silver (Rs.1000) Gold (Rs.2000) Platinum (Rs.5000)
Non-Delivery (Cash Seg.) 0.035% 0.03% 0.025% 0.02%
Delivery 0.30% 0.25% 0.20% 0.16%
FNO 0.07% 0.06% 0.05% 0.04%
Option Trade (per lot/per leg) Rs. 25.00 Rs. 20.00 Rs. 15.00 Rs. 10.00

Option 2 – Upfront Brokerage Option (UBO) – Yearly Plan (One time, non-refundable)

Upfront Brokerage Option – Yearly Plan
Transaction Type Standard (Rs.1800) Silver (Rs.3500) Gold (Rs.7500) Platinum (Rs.15000)
Non-Delivery (Cash Seg.) 0.035% 0.03% 0.025% 0.02%
Delivery 0.30% 0.25% 0.20% 0.16%
FNO 0.07% 0.06% 0.05% 0.04%
Option Trade (per lot/per leg) Rs. 25.00 Rs. 20.00 Rs. 15.00 Rs. 10.00

Option 3 – Turnover Based Brokerage Option (TBO)

Turnover Based Brokerage Option (TBO)
Daily Turnover Rate
Below Rs. 5.00 lacs 0.25%
Above Rs. 5.00 lacs but less than Rs. 20.00 Lacs 0.15%
Above Rs. 20.00 lacs but less than Rs. 50.00 Lacs 0.10%
Rs. 50.00 lacs and above 0.07%
Special Segment Brokerage Rates
Segment Brokerage Details
Derivative options Rs.50 per Lot on single side i.e. positions squared off on same day, and both sides for carry forward positions.
Currency Derivatives (CDs) For Currency Future, brokerage is Rs. 15/= per lot, levied on each trade leg. For Currency Options, Brokerage Rs 5/= per lot levied on each trade leg.
Brokerage for penny stocks For penny stocks (where sale/purchase value of the share is Rs 10/- or less), applicable brokerage shall be 1 paise per share irrespective of brokerage plan opted by the client.

List of Names of DPRMs

DPRM Contact Details
Sl. No. City Branch Name Address of the Branch Name of the Relationship Manager Contact No.
1 AHMEDABAD ASHRAM ROAD C/o Canara Bank Narayan Chambers, Near Nehru Bridge, Ashram Road AHMEDABAD SHAH DARSHAN RAJESHBHAI 7698089501
2 AGRA AGRA- MG ROAD C/o Canara Bank 71, Mahatma Gandhi Rd, Nehru Nagar, Uttar Pradesh 282002 YASH PANDE 8896570158
3 ASSAM GUWAHATI C/o Canara Bank Fancy Bazar Main Branch, 14 A, Hem Baruah Road, Guwahati – 781001 RAJAT KUMAR JHA 7002511016
4 BHUBANESWAR BAAPUJI NAGAR MAIN C/o Canara Bank, Plot No 1A/1, Udyan Marg, Sishu Bhavan Square, Bapuji Nagar, Bhubaneswar - 751009 SUSANTH MOHAPATRA 8249777942
5 BENGALURU VIJAYA NAGAR C/o Canara Bank Vijayanagar No.53 M C Road behind bus stand, vijayanagar Bangalore - 560040 PREETHI 9164377847
6 BENGALURU RAJ M V EXTENSION C/o Canara Bank 5th Cross, 8th Main, Rajmahal Vilas Extension, Sadashiva nagar, Banglore AJAY BS 9886222279
7 COIMBATORE R S PURAM BRANCH C/o CANARA BANK, 100, DEWAN BAHADUR ROAD, R S PURAM, COIMBATORE - 640002 VIJAY KUMAR 8056317316
8 CHANDIGARH SECTOR 17 CANARA BANK SECTOR 17 ROAD, 17B, SECTOR 17, CHANDIGARH SANJEEV SHARMA 9592004007
9 CHENNAI CIRCLE OFFICE CHENNAI C/O CANARA BANK CIRCLE OFFICE, 563, P B 1078, 1, Anna Salai, Teynampet, Chennai, Tamil Nadu - 600018 AAKASH RAM B 7550201227
10 CHENNAI HABIBULLA ROAD BRANCH C/O CANARA BANK 20, Habibullah road, thygarayanagar H.O.T. nagar, chennai, Tamilnadu -600017 THENMOZHI 8072386526
11 CHENNAI CHENNAI CIRCLE OFFICE C/O CANARA BANK, CIRCLE OFFICE, 524, ANNA SALAI, TEYNAMPET, CHENNAI- 600018 YUVRAJ S. 6385118870
12 DELHI HAUS KHAS C/O CANARA BANK E 48, HAUZ KHAS MARKET, NEW DELHI -110016 ASHISH CHOUBEY 8102449979
13 DELHI NEHRU PLACE C/o Canara Bank DDA BUILDING, NEHRU PLACE, NEW DELHI 110 019 DEEPAK SINHA 8076717165
14 DELHI R.K PURAM BRANCH C/O CANARA BANK, S.O. #12, Aradhana Enclave, Moti Bagh, post -12, sect- 12, Rama krishna puram, delhi -110066 ANKITA DHAWAN 9971315358
15 GURGAON GURGAON MAIN C/o Canara Bank Ess Kay Tower, Old Railway Rd, Pratap Nagar, Sector 8, Gurugram, Haryana 122001 RAJESH 9540140212
16 HUBBALLI TRAFFIC ISLAND HUBBALLI C/o Canara Bank First Floor, Mahavir Complex, Traffic island, Hubli - 580029 JAIF SANADI 7795472473
17 HYDERABAD MAREDPALLY C/o CANARA BANK, P.BOX NO.1, ENTRECHMENT ROAD, MARREDPALLY EAST, SECUNDERABAD 500027 RAMYA PYDAKULA 9849770451
18 JAIPUR DP CENTRE JAIPUR C/O CANARA BANK - Ground FLR, no- 1, Orbit Mall, Ajmer Road, Civil Lines, Jaipur, Rajasthan-302006 RAHUL LUHAR 9588257034
19 JAIPUR ARVIND MARG (JAIPUR MAIN) C/o Canara Bank M I ROAD BRANCH ANUKAMPA MANSION II OFF M I ROAD, NEAR AJMERI GATE, JAIPUR - 1 CHANDER SHEKHAR 9414463079
20 KANPUR KANPUR SWAROOP NAGAR C/O CANARA BANK, 112/292, SWAROOPNAGAR, KANPUR 208002 GOLDI SONKAR 6392260620
21 KOLKATA CANNING STREET C/o Canara Bank NARAYANI BLDG 27, BRABOURNE RD, CANNING STREET, CALCUTTA 700001 MRITUNJAY KUMAR JHA 9771355793
22 KOLKATA LC ROAD C/O CANARA BANK LC ROAD BRANCH LALA LAJPAT RAI SARANI KOLKATA 700020 TUMPA NAG 6289936117
23 LUCKNOW LUCKNOW C/O CANARA BANK 3rd FLR, Circle Office, Vipin Khand, Gomti Nagar, Lucknow (UP)-226010 VANDANA PANDEY 8957479343
24 MALAPURAM THRISSUR REGIONAL OFFICE C/o Canara Bank, THRISSUR REGIONAL OFFICE, ABA PLAZA, KOORKENCHERY- THRISSUR -680007 SINTO JOY 8891359811
25 MANGALORE AMPANKATTA, CIRCLE OFFICE C/o Canara Bank Post Box No 106, Gokul Market, Hampanakatta, Mangalore-575001 SANJEEVA RAJAN 8884393335
26 MUMBAI THANE NAUPADA C/o Canara Bank 41A Gokhale Road, Naupada, Naupada S.O, Thane, Maharashtra 400602 PRITAM WADEKAR 8788906424
27 MUMBAI GHATKOPAR C/o Canara Bank Ratilal R Shah Building, Opp. Railway Station, Ghatkopar West, Mumbai - 400086 GANESH PAWAR 8767752033
28 MUMBAI VILE PARLE C/O CANARA BANK 138 NEHRU ROAD, VILE PARLE EAST, MUMBAI - 400057 RUPESH SINGH 8452866308
29 MADURAI GRAND CENTRAL C/o Canara Bank 118B, West Perumal Mastry Street Madurai 625001 KARUPPASAMY 9750462151
30 MYSORE NAZARBAD C/o Canara Bank BUILDING, NO.26 AGUEST HOUSE ROAD, NAZARBAD, MYSORE 57001 PADMINI M R 9481475497
31 NAGPUR ITWARI C/o Canara Bank New Itwari Rd, Itwari, Nagpur, Maharashtra 440002 RAJAT BAGHMARE 7745891658
32 PATNA BHUDH MARG C/o Canara Bank Dalatganj, Veerchand Patel Road Area, Patna, Bihar 800001 KUMAR ROUSHAN 9525777701
33 RANCHI RANCHI MAIN C/o Canara Bank PB NO.70, M/S JALARAM MANSION, S.N.GANGULI ROAD, RANCHI 834001 SUSHANT SINGH 7322071429
34 TRICHY THILLAI NAGAR C/o Canara Bank, 11B/36/3, Ananda Towers, Shastri Nagar, Thillai Road, Trichy -620018 SARVESHWARAM 9514314645
35 TRIVANDRUM CIRCLE OFFICE TRIVANDRUM TC 26/173, (I M.G.ROAD, P.B, 159, Spencer Junction, Thiruvananthapuram, Kerala 695001 VIJINI V.S. 9995547766

Mandatory Requirements for Change of Address (as per NSDL)

  • Written application (.pdf - 359.7 KB) for change of address signed by all the Demat clients.
  • Any one of the following address proof which contains the new address to enable us to note your change of address. (ADDRESS PROOF SHOULD MATCH THE NEW ADDRESS). For joint account, all the clients have to sign the request for change of address.
    • Driving License OR Voter's ID OR Passport OR Aadhaar card
    • Utility bill which is not more than 2 months old of any service provider (electricity, telephone, post-paid mobile phone, piped gas, water bill).
    • Property or Municipal tax receipt.
    • Pension of family payment orders (PPOs) issued to retired employees of Government Departments or Public Sector Undertakings, if they contain the address.
    • Letter of allotment of accommodation from employer issued by State Government or Central Government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies and leave and license agreements with such employers allotting official accommodation.

Further, the client or his authorized representative has to personally visit to submit the above documents and show the originals for verification.

For Change of Bank Account

Please send request letter (.pdf - 359.7 KB) along with cancelled cheque leaf of new Bank account / Bank Statement.

For Change of Nomination in DEMAT

Kindly click on the NSDL Nomination link https://eservices.nsdl.com/instademat-kyc-nomination/ for updation of Nomination in Demat account.

SMS Alert Facility of NSDL – For Our DP Clients

NSDL has launched SMS Alert facility for demat account holders whereby investors can receive alerts for debits (transfers) to their demat accounts and also credits on account of AUTO CORPORATE ACTION AND IPO ISSUES. Under this facility, investors can receive alerts for the debits (transfers) that have taken place in their demat accounts, a day after the debit (transfer). The alerts are sent to those account holders who have provided their mobile numbers to their DPs and DPs have activated such a facility in the computer system. These alerts are sent giving details, if the debits (transfers) are up to five ISINs in a day. In case debits (transfers) are for more than five ISINs, alerts are sent with a message that debits for more than five ISINs have taken place and that the investor can check the details with the DP or on IDeAS website, if the investor is an IDeAS subscriber. To avail this free facility, DP Clients are requested to furnish their Mobile Telephone Number / E-mail ID along with a formal request to the nearest service center to enable the SMS alert facility.

For further details please visit NSDL website www.nsdl.co.in

Online Trading Facility (OLT)

In Association with our Wholly Owned Subsidiary M/s Canara Bank Securities Limited (M/s CBSL), WE OFFER ONLINE TRADING FACILITY (OLT) TO OUR DP CLIENTS.

Salient features of Online Trading (OLT) facility

OLT is totally a technology driven product which suits all types of clients including tech-savvy younger generation clients, high net worth individuals who are active in capital market. OLT is totally hassle-free in as much as clients trading in stock market can buy or sell securities without having to visit either the Bank or their DP.

Pre-Requisite for availing Online Trading facility

A client should have an operative Bank account (CASA) with one of our branches, a depository (demat) account and a Trading Account with our broking subsidiary viz., M/s CBSL, Mumbai.

For this purpose, three-in-one application form comprising of account opening forms for opening the above said three accounts has been devised and made available to clients by M/s CBSL through branches of our Bank.

Contact Details

Mumbai Office: 022- 43603855 / 22802455 / 43603800 / 43603845 / 43603848 / 22802445 / 22802448

Bengaluru Office: 080- 22291697 / 22105148 / 22271211

Branches/Offices can also generate the leads in the following link. The Marketing team of CBSL/Canara Bank will facilitate the Customer to open DEMAT/OLT account.

https://www.canmoneyonline.com/STSB/Login.aspx