Demat & Trading Account

Bank has introduced a Demat & Trading Account (2-in-1) opening facility through the TAB Banking platform.

Key Features

  1. Eligibility:
    • Applicable for Existing to Bank (ETB) savings account customers.
    • Customers must have:
      • A valid PAN number.
      • Updated email ID and mobile number in the bank’s CBS system.
  2. Simplified Onboarding:
    • Customers need to access DigiLocker and e-sign the application using Aadhaar OTP.
    • Live PAN card validation using OCR functionality if DigiLocker is not used.
  3. Maker-Checker System:
    • Bank staff act as the Maker.
    • BOB Capital Markets Ltd (BOBCAPS), a Bank of Baroda subsidiary, serves as the Checker.
  4. Account Details:
    • Includes KRA Form and BOBCAPS application to be e-signed using Aadhaar.