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Get Dematerialisation Request Form Axis Bank
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How to fill out the Dematerialisation Request Form Axis Bank online
This guide provides clear and detailed instructions on completing the Dematerialisation Request Form for Axis Bank. By following these steps, users can easily submit their request for dematerialisation online, ensuring a smooth transition from physical to digital securities.
Follow the steps to complete your Dematerialisation Request Form successfully.
- Click ‘Get Form’ button to obtain the Dematerialisation Request Form and open it in your editor.
- Specify your DP ID, which is a unique identifier assigned to your demat account, in the designated field.
- Enter your account number in the appropriate section to associate the request with your demat account.
- Indicate the date you are submitting the form to maintain a record of your request.
- Tick the box for 'Physical Certificates surrendered' if you are providing defaced physical certificates or 'Option letter surrendered' if you intend to submit an option letter.
- Clearly write the name of the account holders in the order they appear in your demat account.
- Specify the quantity of securities to be dematerialised both in figures and words, ensuring accuracy in representation.
- Enter the name of the security you wish to dematerialise, confirming its eligibility beforehand.
- Fill in the total number of certificates surrendered, noting that for an option letter, this should be indicated as 1.
- Indicate whether the shares are locked by ticking 'Yes' or 'No'.
- If applicable, specify the lock-in release date when the restrictions will be lifted.
- Provide the reason for the lock-in, if relevant.
- Have all account holders sign the form in the order of their names as registered, ensuring that signatures match the registry.
- Complete the acknowledgment section of the form, retaining the tear-off portion as proof of submission.
- Submit the filled form along with the certificates to the relevant bank representatives for processing.
Start filling out your Dematerialisation Request Form online today to convert your physical securities into digital format.
DRF full form is dematerialisation request form. If an investor has physical share certificates, they must be dematerialized before they can be sold, ing to SEBI regulations.
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