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Demat Account Opening is now Simplified. The client can open an account at his/her option without bearing any cost at the time of account opening. The agreement to be executed between the client and Saraswat Bank is now replaced with a common document “Rights and Obligations of the Beneficial Owner and Depository Participant” which attracts no stamp duty charges. This document is mandatory and binding on all existing and new clients. A format of the document is present at branches and also made available on website.

The procedures for opening demat account in NSDL or CDSL are similar.The client who wishes to open a demat account with Saraswat Bank, can open two types of account:


Please contact us at user_demat@saraswatbank.com or call us on 022-23480039-41