Depository Account
   
     
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Financial FAQs
 
   
   
 
You need to open 3
different kinds of
accounts to be able
to buy and sell in the
secondary market:
 
An NRE/NRO Bank
Account with a
designated bank
branch (Barjeel-Geojit has a tie-up
with UTI Bank for
the purpose)
   
A Depository
Account
   
A Trading
Account
   
(Don’t get disheartened!
Barjeel will get everything organized for you.)
 
 
 
A PAN
Permanent
Account
Number
 
 
 
 
 
Most shares being available only in the electronic
(dematerialized) form, a Depository account is a precondition
for trading in the secondary market.
 

Geojit Financial Services Ltd. is a Depository Participant (DP) affiliated to NSDL and Barjeel-Geojit will assist you in opening a depository account with Geojit. Depository accounts can be opened either in single name or jointly
up to a maximum of 3 holders. Documents to be
submitted are:

Documents to be submitted are:

 
  • Application in the prescribed form

  • A photograph of each holder

  • Copy of the passport

  • Copy of RBI permit if purchase of shares from the
    secondary market is intended.

  • Digital communication agreement authorizing DP to
    send you digital statement/reports.