Kumari Bank announces FREE DEMAT Account opening

Kumari Bank Limited (KBL) has introduced free DEMAT Account Service. As per the notice published today, to apply for the IPO issue of Sanjen Hydropower Company Limited and Rasuwagadhi Hydropower Company Limited via C-ASBA, the eligible applicants must have a DEMAT Account and hence, the bank is providing free DEMAT Registration to the investors. The interested applicants can apply for the facility in nearby branches with a photocopy of the citizenship, passport sized photo and account number of the existing account in the bank. Also, the eligible applicants can contact the mobile no. 9851273410 or type “DEMAT” and send an SMS. The bank,  in this scheme, is providing the facilities of free DEMAT Account, free Mero Share facility, free BO to BO transfer and free information about the transactions. See the notice here