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 Online Services |
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 Star eTrade
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We bring you the comfort the Share Trading on mouse click (On Line Share Trading), in association with M/s Asit C. Mehta Investment Intermediates Ltd. (ACMIIL), a leading Stock Broker.
Please click here to visit ACMIIL On Line Share Trading Site.
For details, please call us at 91-22-40919191 (all days)
06:00 a.m. – 11:00 p.m. (IST).
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Eligibility
The following categories of account holders are eligible to enroll for the OLTS facility.
1. Individuals – single or joint account;
2. Trusts etc.
3. Body corporates
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Please note:
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In case of individuals, Trusts etc. the holders in demat account should be the same as in bank account.
The on-line trading clients should have their designated bank account ( to which the amounts for buy and sell of shares would be debited/credited) with one of our CBS branches .
The clients should have a demat account with our NSDL DPO.
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Integration of bank account, demat account and trading platform of the stock broker is the essential characteristic of On-line trading. This can be achieved only by electronic networking through CBS channel. Therefore, the On-line trading facility is available to clients of our CBS branches having SB, CD or OD Account with the branch
Features:-
1. Trading with the intention of taking or giving delivery of share
2. Intra day Square off
3. Buy To-day and Sell on T1/ T2 day (BTS-T1T2)
4. Trade Multiple
Registration and Documentation
For New Customers:-
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For enrolling for OLTS, client has to register with M/s Asit C Mehta Investment Interrmediates Ltd., stockbroker, in terms of SEBI Regulations, by filling up and signing the Registration Kit.
The Registration kit is a booklet comprising of Application Form for opening client account with the broker and Agreement cum Authorisation to be furnished to the broker.
The Registration Kits are available at all the CBS branches. The blank format can also be download from Bank`s website. For Registration Kit, branches may either contact M/S Asit C. Mehta Investment Interrmediates Ltd., the Securities Broker (address given on the Registration Kit) or indent on-line from their website www.investmentz.com.
Following documents would be obtained from clients who register themselves for Star Share Trade:
Revised Stamped Agreement-cum-Indemnity cum Power of Attorney – DP-OTS-01 (Revised). (Consolidated stamp duty is to be paid as applicable to an agreement, indemnity and POA as per local usage and to be recovered from client). Rs.400/- to be recovered
Registration Kit (Revised).
Cost of Registration Kit, presently Rs.300/- should be obtained by cheque favouring “Asit C. Mehta Investment Interrmediates Ltd. “ The client should write the printed Registration Form No. on the reverse of the cheque.In case of IPO facility the amount will be Rs.500/-
The branches shall provide to their clients desirous of availing the OLTS facility a set of the Registration Kit and the composite Agreement cum POA.
The Application form shall be completed by the clients with their passport size photographs pasted thereon and signed in the presence of the branch official.
Branch shall verify signature/s of the client/s on the Application Form (not on the Agreements) with the narration “signature/s and photograph/s verified with A/c No. ” under the signature and signature code number of the officer.
The duly completed/executed and verified Forms and Agreements Registration Kit and DP-OTS-1 along with cheque for Registration fee shall be received by the CBS Branch and forwarded under a covering
Letter to the following address:ASIT C MEHTA I I LTD ,
The Agreement cum POA (DP-OTS-1) favouring the Bank however, shall be preserved by the DPO with it for record and future reference.
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For existing Customers
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At the launching of this product, only feature no. 1 was being provided. Feature no. 2, 3 and 4 are added subsequently. For availing the revised product, the existing clients will have to furnish additionally a stamped Agreement (which is supplemental to the original DP-OTS-01), covering the relevant terms of the above leverage product
Stamp duty as applicable to Agreement as per local usage is to be paid and recovered from the client by the branch.
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Log-in Id and Password
On receipt of the Registration kit, ACMIIL will register the client and send the log in Id and password to enable access to the website for trading, directly to the client. However, for any reason, if registration is not acceptable to ACMIIL, it shall advise NSDL DPO and branch of this.
After receipt of the login Id and password, the client can commence on-line trading in shares by visiting either BOI website i.e www.bankofindia.com or ACMIIL website for On-line Trading. Link is provided from BOI website to ACMIIL website
(viz. www.investmentz.com).
Service Charges
There is no account opening charge payable by the client to the Bank. However, demat accounts are subject to service charges such as annual maintenance, sale transaction (there are no charges on buy transactions presently), dematerialisation, pledge, unpledge charges etc. Annual Maintenance Charges on demat accounts for on-line trading has been kept at the same level i.e Rs. 350/- p.a.These charges will be billed by the DPO to the clients and recovered from their designated bank account. All other charges shall be at the same scale as per our existing Demat charges schedule, which is available as an annexure to Demat Account opening form.
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For more information please call us on 91-22-40919191
(all days) 06:00 a.m. – 11:00 p.m. (IST)
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