I am interested in consolidating my financial accounts by linking my demat account from Kumari Bank to my bank account in NMB Bank. However, I currently have a demat account already linked with NMB Bank. My intention is to streamline the process for managing funds, particularly for activities such as applying for IPOs, receiving bonuses, and utilizing the TMS facility.
Could you kindly provide guidance on how I can proceed with this consolidation, if it is feasible? My motivation for this action stems from the recent introduction of minimum balance requirements and associated costs for mobile banking services by Kumari Bank, whereas NMB Bank offers these services free of charge. Your assistance in this matter would be greatly appreciated. Thank you!
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Highlights:
- Is there any way i can link my bank account to other 2 demat account for cash , dividend and other collection ?
- Is it possible to change demat account to one bank from another?
- Can I use one bank account for multiple demat accounts?
- Can I link one person’s bank account to another person’s demat account?
- What should I put in the “account holder map” section while opening online demat acc?