i have applied for Demat account opening in SBI Bank on 4th july, the bank has deducted the amount for opening the account on 12 july, but still i have not received the account opening kid, but their website says only 10 days to open but this takes too long, no response from the bank. the customer centre says we will let you know, the same answer daily. but still not opened.(nearly 20 days has completed)
The Assistant General Manager,
ICICI Bank Ltd,
93,Santhome High Road,
Sub: Arasu Rubber Corporation Limited -opening of current A/c in the
Ref: Our ref.No.A2/12195/07 dt.13.12.07.
We wish to inform that Arasu Rubber Corporation Limited is a Public Sector Undertaking of TamilNadu located at Nagercoil of Kanniyakumari District. Our Board of Directors comprises of senior Government officials. As per the resolution of the Board of Directors in the 99th meeting of the Board of Directors of Arasu Rubber Corporation held on 7.12.2007, we have sent all necessary details for opening a "current account" in ICICI Bank to Branch Manager, ICICI Bank, Nagercoil in our reference cited.
We were orally informed to contact that Tmt.Meera Rama Subramanian since this account is related to the Government of TamilNadu Public Sector Undertakings. Accordingly our Secretary cum Chief Accounts Officer i/c had contacted Tmt.Meera Rama Subramanian on opening of account in ICICI Bank. She sent a mail on 14th Dec 07 informing the details of documents to be sent for opening of current account in the ICICI Bank. As required we have sent all the documents through special messenger and handed over to ICICI Bank, 93 Santhome High Road, Chennai-28. Further she wanted us to send 3 copies of memorandum and Articles of Association which were sent immediately through courier on 5.1.2008. Despite our efforts to open an account with ICICI bank, we have not received any communication so far.
We request to be informed whether we will be able to open an account with ICICI. If not, we may be informed of your position.
Assuring you of our best services.
Yours faithfully ,
For Arasu Rubber Corporation Limited
I applied a application form for opening new demate a/c, with all need full paper submitted but after one month I have no any response by sbi
My self Ajit warke, NHPC-Raipur (C.G.), Bank-jaistambh chock sbi,
i totally agree with above complaints. i too applied for the SBI demat account a month ago, customer care called up and informed to send the representative but yet no one came.
its really a poor poor service from SBI.
I totally agree with the above posts. I have also applied for it and have not yet received any word from them. I thought SBI might be a reliable one but the way they are behaving I think I should cancel the application form.
I have the same experience and now its been almost 2 months i have applied for the SBI demat account. The customer service says that shortly yo will be recieving kit but i have'nt...This is th worst customer service i have experienced.
I applied for demat A/c and cusomer care called up to me from bombay as well as bangalore informing me that representative would be sent, The representatvr also rang up and fixed a date for collecting details required for demat A/c but never turned up till date
I am an NRI living abroad. I applied through ICICIBank to open an Demat account when I visited India in Dec 2008. I found ICICI totally inadequately staffed. I went to 3 branches listed in ICICI website offering Demat services. There were no one responsible who could enable the account opening. Finally I submitted my account opening forms in one Branch with all the necessary documentations. It has been more than 1 month and I haven't got any response. When I followed-up recently, there is no trace of my application. I am appalled at their service to say the least.
Dont think SBI Executive to meet @ ur place you have to give Applications on any of the Dmat enabled SBI Br. in mumbai SBI started a separate central processing centre only for processing DMAT applications, , , I found the following advantages with SBI Demat...
1) Once its opened unintureptd service
2) Very low AMC/Yr and Brokerage charges
3)No hidden charges
A/c opening is free of cost till 31/03/2009, , ,