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    Demat Related

    What is Rematerialisation? How does it work?

    Rematerialisation

    Rematerialisation is the process of converting the securities held in electronic form in a demat account to an equivalent number of securities in physical form (certificates) after debiting the same from the demat account.

     

    1. Form
    Submit a completely filled up Remat Request Form (RRF) in triplicate for each ISIN. Forms are available at any of the ICICI Bank branches.

     

    2. Filling up the form
    Ensure that the RRF is completely filled up. Incomplete details may lead to rejection of the remat request.

    Use a separate RRF for each eligible security. Please ensure that name of the security and the ISIN number is entered correctly.

    Submit requests for balances under lock-in through a separate RRF. Do not mix the same with free securities. Amongst lock-in securities belonging to the same ISIN but having different lock-in release dates or lock-in reason, make separate RRF requests.

    You should mention the lot types whether Jumbo or Market Lot clearly. If the same is not filled up then the registrar will send certificates in market lot.

    You must have sufficient free balance in your account for the ISIN for which the RRF is submitted.

    The RRF must be signed by all the account holder's and should be in the same order. The signature on the RRF should match with the specimen signature with ICICI Bank.

     

    3. Submitting the form
    You should submit the RRF in triplicate. You can submit the RRF at any ICICI Bank branch. The acknowledgement slip at the bottom of the form will be stamped and handed over to you after verification by the ICICI Bank official.

     

    4. Receipt of Physical Shares
    The RRF is forwarded to the registrar. On acceptance of the remat request by the registrar, your account will be debited. The physical share certificate will be sent directly to you by the registrar. You can also check the same on www.icicibank.com or through IVR or phone us or visit the nearest Branch. You will also receive an alert for the success/failure of your request on SMS (registration form for "Mobile Alerts" on www.icicibank.com).

    The normal time taken for receipt of the physical shares is within a period of 30 days. However the time taken would vary from one registrar to another over which ICICI Bank has no control.

    In case you do not receive the physical shares within a month of submission, you can either phone us or write to us using the "Email Us" option, so that we can check with the registrar.

    In case there is a delay beyond 40 days, if you so wish, ICICI Bank can give you the registrar's name and telephone number as well as your Remat Request Number (RRN).

     

    5. Rejection of Remat Requests
    Your request may get rejected for various reasons either at the Central Processing Office of ICICI Bank or by the Registrar. On a rejection, you will be informed about the reason for rejection of the request.

    You can submit a fresh request after resolving the reason for the rejection.

    Can someone else operate my account on my behalf on the basis of a power of attorney? What is Dematerialisation of Securities (Demat)? and how does it work? Can I dematerialise all my depository eligible securities through the same account? Can I dematerialise shares, which are pledged with a bank, which is a DP as well? Can odd lot shares be dematerialised? How do I demat shares with Pre-Marital / Maiden names? Can I deliver dematerialised securities against an obligation in physical segment, in all stock exchanges? Is the facility of delivering dematerialised securities in the physical segments of the stock exchanges, available only for those securities that are to be compulsorily sold in the demat segment? What is PLEDGE? How does it work? How does Purchase / Receipt of Securities work? Can I buy & sell shares through ICICI Bank Demat? How do I update my mobile number and e-mail ID in my Demat Account? What is the procedure for Change in Signature for Demat account How to make nomination in Demat account How to registration for Internet/Phone Access & e-instructions? What is Mobile Banking? How can I link my demat account? What is transmission of securities? How to Close your Demat Account How do I change my Address and Bank account details for demat? What is Freezing /Defreezing of Demat Account? and how does it work? How does Sale / Delivery of Securities work? What is Depository? How to Open a Demat Account? Can I open more than one account with ICICI Bank Demat? Do I have to keep any minimum balance of securities in my account? Why are the demerger shares not reflecting under my Demat Holdings on the ICICI Direct App and Website? Why have I not received split or bonus shares in my Portfolio? Why can I view the shares in my portfolio but not in my Demat account? What is the process for transferring unlisted shares to an ICICI Bank Demat account? How can I check the status of a demat transfer?
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